MELVIN MOTORS LTD

🌿Early-stageactive
SC776455 · ltd · incorporated 2023-07-20
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2024
Net worth
£-24.6k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (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
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £24,622

Key financials

1 year extracted from filed iXBRL accounts
Cash
£21k
Net Worth
-£25k
Current Assets
£31k
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-31
Total assets£-10.9k
Current assets£31.2k
Cash£21.2k
Debtors£10.0k
Net assets£-24.6k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-08-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-07-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-07-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-07-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-07-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-07-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-07-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2025-07-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2025-07-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2025-07-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2024-07-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2024-07-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2024-07-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2024-07-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2024-07-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2024-07-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2023-11-03
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  18. 2023-11-03
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2023-09-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  20. 2023-09-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  21. 2023-08-29
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  22. 2023-08-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2023-08-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2023-07-20
    🏢
    Company incorporated
    As MELVIN MOTORS LTD
  25. 2023-07-20
    ➕
    CRUICKSHANK, Laura appointed
    director
  26. 2023-07-20
    ➕
    MELVIN, Peter appointed
    director

Owner dependency

78/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "MELVIN" — strong identity link between founder and business.
  • +Young company: Only 2.9 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited 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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Peter Melvin
Individual · British · DOB 02/1982 · age 44
25–50%
—25-50% shares20/07/2023
Miss Laura Cruickshank
Individual · British · DOB 04/1984 · age 42
25–50%
—25-50% shares20/07/2023

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

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——£909.3k—28y8370y
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——£600.4k—23y8384y
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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
Incorporated2023-07-20
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

Unit 2, Redcloaks Steading
Slug Road
Stonehaven
Aberdeenshire
AB39 3SS
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-08-02
Last: 2025-07-19

Officers (2 active · 0 resigned)

CRUICKSHANK, Laura→
director · ~42y · appointed 2023-07-20
View their other companies + combined net worth →
Active
MELVIN, Peter→
director · ~44y · appointed 2023-07-20
View their other companies + combined net worth →
Active

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

Recent filings (27 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-23
change-person-director-company-with-change-date
officers · CH01
2025-07-22
change-person-director-company-with-change-date
officers · CH01
2025-07-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-22
change-person-director-company-with-change-date
officers · CH01
2025-07-22
change-person-director-company-with-change-date
officers · CH01
2025-07-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-26
change-person-director-company-with-change-date
officers · CH01
2024-07-26
change-person-director-company-with-change-date
officers · CH01
2024-07-26