ELITE TRANSMISSIONS LIMITED
🌿Early-stageactive
SC699322 · ltd · incorporated 2021-05-20
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-9.2k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: SIC 30990
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (70/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 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
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
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 declaredNegative net assets
Liabilities exceed assets by £9,233
Key financials
1 year extracted from filed iXBRL accountsCash
£16k
Net Worth
-£9k
Current Assets
£21k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|---|
| Total assets | £4.6k |
| Current assets | £21.5k |
| Cash | £16.3k |
| Debtors | £5.1k |
| Net assets | £-9.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
1
filing
- • 1 officers
Last 180 days
1
filing
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
- 2026-03-10➕MAIN, Nicole appointeddirector
- 2026-03-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-17📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2024-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-23📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-05-20🏢Company incorporatedAs ELITE TRANSMISSIONS LIMITED
- 2021-05-20➕MAIN, Barry appointeddirector
- 2021-05-20📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Barry Main Individual · British · DOB 04/1983 · age 43 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 20/05/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| MAJOR MINER LTD→ SC803858 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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| MCPHEE BROS (BLANTYRE) LIMITED→ SC085303 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
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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
Incorporated2021-05-20
Jurisdictionscotland
Primary SIC30990 — SIC 30990
Registered office
18 Shearer Avenue
Ferniegair
Hamilton
ML3 7FX
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-04
Last: 2025-07-21
Officers (2 active · 0 resigned)
Active
MAIN, Nicole→
Activedirector · ~44y · appointed 2026-03-10
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (12 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-12
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2025-01-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-08
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-15
incorporation-company
incorporation · NEWINC
2021-05-20