HG TYRE SERVICES LTD

💤Zombieactive
SC663400 · ltd · incorporated 2020-06-08
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
£411.5k
book net assets
Opportunity
72/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45200SIC 45200
  • 45320Retail trade of motor vehicle parts and accessories
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £411,527

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£412k
↑ 34% YoY
Current Assets
£485k
↑ 14% YoY
Current Liabilities
£0£97k£194k£291k£388k£485kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-06-302024-06-30
Total assets£413.8k£307.9k
Current assets£484.7k£426.8k
Net assets£411.5k£307.0k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
6
filings
  • 2 officers
  • 2 persons-with-significant-control
  • 1 accounts
Last 180 days
6
filings
  • 2 officers
  • 2 persons-with-significant-control
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-04-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-04-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2026-04-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-04-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2025-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-10-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-03-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2022-03-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2022-03-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-01-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2022-01-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2022-01-14
    MCCLEMENTS, Connor Mark resigned
    director
  16. 2021-07-28
    📄
    capital-allotment-shares
    capital · SH01
  17. 2020-07-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2020-06-08
    🏢
    Company incorporated
    As HG TYRE SERVICES LTD
  19. 2020-06-08
    O'NEILL, John appointed
    director
  20. 2020-06-08
    MCCLEMENTS, Connor Mark appointed
    director
  21. 2020-06-08
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John O'Neill
Individual · Scottish · DOB 04/2000 · age 26
75100%
75–100%board control75-100% shares · 75-100% voting · board control08/06/2020
1 historic (ceased) PSC
  • Mr Connor Mark Mcclementsceased 28/02/2022· 25-50% shares · 25-50% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Automotive · ML postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
COOPER BROS LTD.
SC376259 · est 2010
£994.7k
£795.8k£1.19M
6316y8382y
BROWNSBURN GARAGE LIMITED
SC242933 · est 2003
60023y8358y
GOPAL MOTORS LIMITED
SC132600 · est 1991
£29.5k34y8378y
J.M.T. MANUFACTURING LIMITED
SC099682 · est 1986
40039y8375y
A. GRAY & SONS LTD.
SC239040 · est 2002
£252.5k23y8289y
AUTO-TEK LIMITED
SC085669 · est 1983
642y8278y
B & B COMMERCIALS LIMITED
SC371046 · est 2010
60016y8270y
CANDERRIGG SERVICES LIMITED
SC063543 · est 1977
£60.6k48y8261y
GRANT MILLER VEHICLES LIMITED
SC266620 · est 2004
£382.7k22y8272y
HAMILTON TRACTORS (CARNWATH) LIMITED
SC349764 · est 2008
£568.9k17y8267y
PARKS OF HAMILTON LIMITED
SC103161 · est 1987
39y8277y
PETER VARDY LIMITED
SC297001 · est 2006 · no financials extracted
20y8279y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2020-06-08
Jurisdictionscotland
Primary SIC45112 — SIC 45112

Registered office

Unit 2 Block 1 Chapelhall Industrial Estate
Chapelhall
Airdrie
ML6 8QH
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19

Officers (1 active · 1 resigned)

O'NEILL, John
director · ~26y · appointed 2020-06-08
View their other companies + combined net worth →
Active
MCCLEMENTS, Connor Mark
director · ~26y · appointed 2020-06-08 · resigned 2022-01-14
Resigned

Click a director name to see their full track record across all companies.

Recent filings (23 total)

change-person-director-company-with-change-date
officers · CH01
2026-04-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-13
change-person-director-company-with-change-date
officers · CH01
2026-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-03-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-09