VISION LEISURE VEHICLES LTD
Opportunity 71/100 (strong), bankability 62/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 2.4y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.4 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)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.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Average employees | 0 | 0 |
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
- • 1 accounts
- • 1 accounts
Corporate timeline (9 events)Click to expand
- 2026-03-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-10🔒Charge registered #2Lender: Df Capital Bank Limited
- 2023-12-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-14🔒Charge registered #1Lender: Calum Anderson Watson
- 2023-08-28🏢Company incorporatedAs VISION LEISURE VEHICLES LTD
- 2023-08-28➕FREW, John Ireland appointeddirector
- 2023-08-28📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Young company: Only 2.7 years old — management layer unlikely to be developed.
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 John Ireland Frew Individual · Scottish · DOB 04/1988 · age 38 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 28/08/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| KERR AND SMITH (CUMNOCK) LIMITED→ SC106800 · est 1987 | £859.6k £687.7k–£1.03M | — | — | 3400 | 38y | 84 | 62y |
| AYRSHIRE MOTOR FACTORS LIMITED→ SC128561 · est 1990 | — | — | — | 400 | 35y | 82 | 65y |
| COLVINS S.P.S. LIMITED→ SC212368 · est 2000 | — | — | £13.7k | — | 25y | 82 | 62y |
| JOHN M. PATERSON LTD.→ SC321496 · est 2007 | — | — | — | 16 | 19y | 82 | 64y |
| KATTRAK INTERNATIONAL LIMITED→ SC265073 · est 2004 | — | — | — | 6 | 22y | 82 | 78y |
| KERR AND SMITH (AYR) LIMITED→ SC182558 · est 1998 | — | — | — | 13 | 28y | 82 | 81y |
| MACLEAY MOTOR ENGINEERING LIMITED→ SC214626 · est 2001 | — | — | £1.75M | — | 25y | 82 | 60y |
| MAYBANK MOTORS LIMITED→ SC164609 · est 1996 · no financials extracted | — | — | — | — | 30y | 82 | 67y |
| PARKER BROS. (KILMARNOCK) LIMITED→ SC040009 · est 1964 | — | — | £109.0k | — | 62y | 82 | 59y |
| RIGHTCARS LIMITED→ SC245622 · est 2003 | — | — | — | — | 23y | 82 | 61y |
| STUART MACDONALD CARS LTD.→ SC152462 · est 1994 | — | — | £286.5k | — | 31y | 82 | 58y |
| TRUCKPOINT LIMITED→ SC082193 · est 1983 | — | — | — | — | 43y | 82 | 82y |
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.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Df Capital Bank Df Capital Bank Limited | A registered charge | 1 property | 10/01/2025 | — | |
| outstanding | Calum Anderson Watson / Julie Anne Watson / Harriet Imogen Watson | A registered charge | — | 14/12/2023 | — |