WHEEL REPAIR SCOTLAND LTD
🏛️Establishedactive
SC678778 · ltd · incorporated 2020-10-26
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£4.8k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
PursueStrong 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. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
12 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 · accounting standard not declaredPositive net assets
Net assets £4,836
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£5k
↑ 188% YoY
Current Assets
£14k
↑ 20% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £48.1k | £44.2k |
| Current assets | £14.2k | £11.8k |
| Net assets | £4.8k | £-5.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
- 2025-11-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-23📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2021-10-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-10-26🏢Company incorporatedAs WHEEL REPAIR SCOTLAND LTD
- 2020-10-26➕BROOKS, Lewis appointeddirector
- 2020-10-26➕RIDLER, John appointeddirector
- 2020-10-26📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Lewis Brooks Individual · Scottish · DOB 10/1992 · age 34 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 26/10/2020 |
Mr John Ridler Individual · Scottish · DOB 07/1992 · age 34 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 26/10/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Automotive · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| TRANSMISSION ENGINEERING LIMITED→ SC296224 · est 2006 | £958.4k £766.7k–£1.15M | — | — | 4 | 20y | 80 | 76y |
| INVERNESS TYRE SERVICES LTD.→ SC212622 · est 2000 | — | — | £44.1k | — | 25y | 83 | 58y |
| ARGYLL COMMERCIALS LTD.→ SC179530 · est 1997 | — | — | — | 500 | 28y | 82 | 70y |
| AUTOPOINT LARKHALL LIMITED→ SC347311 · est 2008 | — | — | — | 400 | 17y | 82 | 59y |
| C.J.AUTO REPAIRS LIMITED→ SC305402 · est 2006 | — | — | — | 13 | 19y | 82 | 76y |
| CANAL GARAGE LTD.→ SC221681 · est 2001 | — | — | £85.5k | — | 24y | 82 | 80y |
| CHARING CROSS CARS LIMITED→ SC213715 · est 2000 | — | — | £124.8k | — | 25y | 82 | 61y |
| CLYDE MOTOR ENGINEERS LTD.→ SC294487 · est 2005 | — | — | £707.3k | — | 20y | 82 | 59y |
| COLLINS TYRE SERVICES LIMITED→ SC149065 · est 1994 | — | — | £162.0k | — | 32y | 82 | 68y |
| FERGUS MONK LTD→ SC317742 · est 2007 | — | — | £263.9k | — | 19y | 82 | 72y |
| GREENLAW GARAGE LIMITED→ SC305865 · est 2006 | — | — | £463.6k | — | 19y | 82 | 84y |
| HAZELBANK MOTORS LIMITED→ SC055569 · est 1974 | — | — | £517.8k | — | 52y | 82 | 58y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2020-10-26
Jurisdictionscotland
Primary SIC45200 — SIC 45200
Registered office
Studio 2 1 Macdowall Street
Paisley
PA3 2NB
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25
Officers (2 active · 0 resigned)
BROOKS, Lewis→
Activedirector · ~34y · appointed 2020-10-26
View their other companies + combined net worth →
RIDLER, John→
Activedirector · ~34y · appointed 2020-10-26
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (12 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-25
change-account-reference-date-company-previous-extended
accounts · AA01
2022-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-10-30
incorporation-company
incorporation · NEWINC
2020-10-26