PETROGATE LIMITED

🌳Matureactive
02534435 · ltd · incorporated 1990-08-24
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45112SIC 45112
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 77/100. Strong seller-intent signal (60/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 11 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

20 live charges · 11 lenders · oldest 35.3y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 35.3 years old — likely at or near maturity.
  • · 11 lenders named — inter-creditor friction likely.
  • · Legal-friction score 53/100 (high).

Data confidence

Overall: medium (61/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
20 charges (20/20 with lender, 20/20 with type)
90
Directors & officers
25 officers (5 active, 25 linked, 19 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
33 connected companies via shared directors
90
Filing history
201 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 address
Last 180 days
2
filings
  • 1 address
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (98 events)Click to expand
  1. 2026-03-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-10-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2025-02-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2024-11-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-09-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-09-02
    THOMAS, Richard John appointed
    director
  7. 2024-07-01
    MALONEY, Richard James appointed
    director
  8. 2024-07-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-06-28
    WILLIS, Mark Simon resigned
    director
  10. 2024-06-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2024-02-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-02-06
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  13. 2024-02-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2024-02-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2024-02-05
    🔓
    Charge satisfied #21
  16. 2024-02-01
    WILLIAMSON, Neil appointed
    director
  17. 2024-01-31
    BERMAN, William resigned
    director
  18. 2023-10-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2023-10-07
    CASHA, Martin Shaun resigned
    director
  20. 2023-09-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2022-10-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2022-03-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2022-03-18
    🔒
    Charge registered #21
    Lender: National Westminster Bank PLC
  24. 2021-09-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  25. 2021-01-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  26. 2020-04-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  27. 2020-04-09
    BERMAN, William appointed
    director
  28. 2019-06-30
    HERBERT, Mark Philip resigned
    director
  29. 2019-04-08
    WILLIS, Mark Simon appointed
    director
  30. 2019-04-01
    HERBERT, Mark Philip appointed
    director
  31. 2019-03-31
    FINN, Trevor Garry resigned
    director
  32. 2019-03-31
    HOLDEN, Timothy Paul resigned
    director
  33. 2017-01-01
    SYKES, Hilary Claire resigned
    secretary
  34. 2017-01-01
    SYKES, Hilary Claire resigned
    director
  35. 2016-03-18
    🔓
    Charge satisfied #20
  36. 2013-05-07
    🔓
    Charge satisfied #19
  37. 2013-05-03
    🔒
    Charge registered #20
    Lender: The Royal Bank of Scotland PLC as Security Agent
  38. 2009-12-11
    HOLDEN, Timothy Paul appointed
    director
  39. 2009-12-10
    FORSYTH, David Robertson resigned
    director
  40. 2009-05-13
    🔒
    Charge registered #19
    Lender: The Royal Bank of Scotland PLC as Agent and Trustee for the Secured Parties (The Override Agent)
  41. 2006-02-14
    MALONEY, Richard James appointed
    secretary
  42. 2004-11-05
    🔓
    Charge satisfied #15
  43. 2004-09-02
    🔓
    Charge satisfied #17
  44. 2004-09-02
    🔓
    Charge satisfied #16
  45. 2004-09-02
    🔓
    Charge satisfied #14
  46. 2004-08-25
    🔓
    Charge satisfied #13
  47. 2004-08-25
    🔓
    Charge satisfied #12
  48. 2004-04-21
    PENDRAGON MANAGEMENT SERVICES LIMITED appointed
    corporate-director
  49. 2004-02-26
    HOLROYD, John resigned
    secretary
  50. 2004-02-26
    SYKES, Hilary Claire appointed
    secretary
Showing most recent 50 of 98 events

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

C D Bramall Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
C D Bramall Limited
Corporate parent
PETROGATE LIMITED
This company · 02534435

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
C D Bramall Limited
Corporate entity
75–100%75-100% voting06/04/2016

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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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
Incorporated1990-08-24
Jurisdictionengland-wales
Primary SIC45111 — Sale of new cars and light motor vehicles

Registered office

Lithia House 2 Oakwood Court, Little Oak Drive
Annesley
Nottingham
NG15 0DR
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-12
Last: 2025-11-28

Officers (5 active · 20 resigned)

MALONEY, Richard James
secretary · appointed 2006-02-14
View their other companies + combined net worth →
Active
MALONEY, Richard James
director · ~49y · appointed 2024-07-01
View their other companies + combined net worth →
Active
THOMAS, Richard John
director · ~53y · appointed 2024-09-02
View their other companies + combined net worth →
Active
WILLIAMSON, Neil
director · ~61y · appointed 2024-02-01
View their other companies + combined net worth →
Active
PENDRAGON MANAGEMENT SERVICES LIMITED
corporate-director · appointed 2004-04-21
View their other companies + combined net worth →
Active
BIRD, Jonathan Peter Morris
secretary · resigned 1993-02-26
Resigned
HOLROYD, John
secretary · appointed 1994-03-31 · resigned 2004-02-26
Resigned
SYKES, Hilary Claire
secretary · appointed 2004-02-26 · resigned 2017-01-01
Resigned
TULP, Richard
secretary · appointed 1993-02-26 · resigned 1994-03-31
Resigned
BERMAN, William
director · ~60y · appointed 2020-04-09 · resigned 2024-01-31
Resigned
BRAMALL, Douglas Charles Antony
director · ~91y · appointed 1994-03-31 · resigned 2004-02-26
Resigned
CASHA, Martin Shaun
director · ~66y · appointed 2004-02-26 · resigned 2023-10-07
Resigned
FINN, Trevor Garry
director · ~69y · appointed 2004-02-26 · resigned 2019-03-31
Resigned
FORSYTH, David Robertson
director · ~70y · appointed 2004-02-26 · resigned 2009-12-10
Resigned
GAASTRA, Stephen
director · ~68y · resigned 1994-03-31
Resigned
GAINHAM, John Henry
director · ~92y · resigned 1992-12-17
Resigned
GREGSON, Robin Anthony
director · ~66y · appointed 2002-01-02 · resigned 2004-02-26
Resigned
HERBERT, Mark Philip
director · ~59y · appointed 2019-04-01 · resigned 2019-06-30
Resigned
HOLDEN, Timothy Paul
director · ~62y · appointed 2009-12-11 · resigned 2019-03-31
Resigned
HOLROYD, John
director · ~90y · appointed 1994-03-31 · resigned 2004-02-26
Resigned

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

Mortgages & charges

20
Total charges
0
Outstanding
0
Active lenders
Status:Lender:20 of 20 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
A registered charge1 property18/03/202205/02/2024
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Security Agent
A registered charge1 property03/05/201318/03/2016
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Agent and Trustee for the Secured Parties (The Override Agent)
A security agreement1 property13/05/200907/05/2013
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Supplemental deed1 property27/05/200302/09/2004
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland (The Security Trustee)
Supplemental deed1 property16/01/200302/09/2004
satisfied
Lloyds Banking Group
Governor and Company of the Bank of Scotland as Agent and Trustee for the Secured Parties
Standard security which was presented for registration in scotland on 26TH june 20021 property13/06/200205/11/2004
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Guarantee and debenture made between the company (the "chargor") and the governor and company of the bank of scotland,as agent and security trustee for the secured parties1 property13/06/200202/09/2004
satisfied
Richard Michael Briggs
Legal charge1 property15/01/200125/08/2004
satisfied
Richard Michael Briggs
Legal charge1 property15/01/200125/08/2004
satisfied
Michael Joseph Fleming
Legal charge1 property05/01/200025/06/2002
satisfied
The Governor and Company of the Bank of Scotlandas Agent and Trustee for the Secured Parties (As Defined)
Supplemental deed1 property23/01/199825/06/2002
satisfied
The Governor and Company of the Bank of Scotlandas Security Trustee for the Secured Parties
Guarantee & debenture3 properties02/01/199825/06/2002
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property28/08/199627/05/1998
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property31/03/199427/05/1998
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property26/03/199327/05/1998
satisfied
Barclays
Barclays Bank PLC
Legal charge3 properties26/03/199325/06/2002
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property23/03/199325/06/2002
satisfied
Barclays
Barclays Bank PLC
Debenture1 property11/12/199125/06/2002
satisfied
Barclays
Barclays Bank PLC
Debenture1 property29/10/199102/07/2002
satisfied
Barclays
Barclays Bank PLC
Debenture1 property16/01/199127/05/1998

Recent filings (201 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-02
accounts-with-accounts-type-dormant
accounts · AA
2025-10-03
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-28
accounts-with-accounts-type-dormant
accounts · AA
2024-11-01
appoint-person-director-company-with-name-date
officers · AP01
2024-09-11
appoint-person-director-company-with-name-date
officers · AP01
2024-07-01
termination-director-company-with-name-termination-date
officers · TM01
2024-06-28
appoint-person-director-company-with-name-date
officers · AP01
2024-02-08
change-account-reference-date-company-previous-extended
accounts · AA01
2024-02-06
termination-director-company-with-name-termination-date
officers · TM01
2024-02-06
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-13
termination-director-company-with-name-termination-date
officers · TM01
2023-10-09