RACECRAFT BIKES LIMITED
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. 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: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (69/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-04-30 |
|---|---|
| Total assets | £-6.5k |
| Current assets | £3.3k |
| Net assets | £-6.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (7 events)Click to expand
- 2025-04-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-03📄elect-to-keep-the-directors-residential-address-register-information-on-the-public-registerofficers · EH02
- 2023-04-26🏢Company incorporatedAs RACECRAFT BIKES LIMITED
- 2023-04-26➕GREEN, Timothy Martyn appointeddirector
- 2023-04-26📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Timothy Martyn Green Individual · British · DOB 09/1992 · age 34 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 26/04/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MINDFUL CREATIONS C.I.C.→ SC536306 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| MORAY FIRTH FABRICATION LTD→ SC829542 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MUPORION LIMITED→ SC850282 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NOVAR ESTATES (1965) LTD. (THE)→ SC041940 · est 1965 · no financials extracted | — | — | — | — | 61y | — | — |
| PETRO-ELLA LIMITED→ SC467645 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| PRLIFT LIMITED→ SC815383 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| R & D ENGINEERING LTD→ SC812442 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| RAALA ENGINEERING LTD→ SC772672 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ROSS-SHIRE ENGINEERING LIMITED→ SC177939 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| RUISGARRY ELECTRICAL LTD→ SC773235 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| S HORSBURGH ENGINEERING LTD→ SC468545 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| SGÙRR ISLE OF SKYE LIMITED→ SC871851 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
8 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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.