CAR AND TRUCK SERVICES LIMITED
🌳Matureactive
SC185954 · ltd · incorporated 1998-05-20
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 11.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£160.8k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 77-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 11.0y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 11.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
66 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £160,752
Net assets shrinking
Down £14,063 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£161k
↓ 8.0% YoY
Current Assets
£104k
↓ 16% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £202.3k | £219.8k |
| Current assets | £103.7k | £123.4k |
| Cash | — | £52.0k |
| Debtors | £49.8k | £39.9k |
| Net assets | £160.8k | £174.8k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-06-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-27📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-01-27📄change-person-director-company-with-change-dateofficers · CH01
- 2023-01-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-07-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-06-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-10-29➕FORREST, Nigel Hamilton appointeddirector
- 2018-10-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-10-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-10-26➖FORREST, Allan James resigneddirector
- 2018-06-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2015-04-06🔒Charge registered #1Lender: Clydesdale Bank PLC
- 1998-05-20🏢Company incorporatedAs CAR AND TRUCK SERVICES LIMITED
- 1998-05-20➕FORREST, Aileen Ann appointedsecretary
- 1998-05-20➕FORREST, Aileen Ann appointeddirector
- 1998-05-20➕FORREST, Allan James appointeddirector
Owner dependency
91/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 77 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nigel Hamilton Forrest Individual · British · DOB 09/1973 · age 53 | 25–50% | — | 25-50% shares | 31/07/2019 |
Mrs Aileen Ann Forrest Individual · British · DOB 05/1949 · age 77 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mr Allan James Forrestceased 26/10/2018· 25-50% shares · 25-50% voting
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 →Similar companies
Active · Automotive · DG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BROWNRIGGS LIMITED→ SC575562 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| CARZONE GARAGE LTD→ SC640015 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CLOSE CAR SALES LIMITED→ SC670234 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| DUMFRIES HYDRAULIC SERVICES LIMITED→ SC351503 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| FLOW TRADER LTD→ SC555584 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| G.S.L VEHICLE SALES LTD→ SC853228 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GALLOWAY SERVICE AND LOGISTICS LTD→ SC726267 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| GARAGE 27 LTD→ SC877598 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HAMILTON MOTOR ENGINEERING LTD→ SC464664 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| HUNTLYS GARAGE LIMITED→ SC726976 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| JJH CARS LTD→ SC811084 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| KLIC CARS LIMITED→ SC116575 · est 1989 · no financials extracted | — | — | — | — | 37y | — | — |
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
Incorporated1998-05-20
Jurisdictionscotland
Primary SIC45200 — SIC 45200
Registered office
C/O Farries, Kirk & Mcvean Dumfries Enterprise Park
Heathhall
Dumfries
DG1 3SJ
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-30
Last: 2026-04-16
Officers (3 active · 1 resigned)
FORREST, Aileen Ann→
Activesecretary · appointed 1998-05-20
View their other companies + combined net worth →
FORREST, Aileen Ann→
Activedirector · ~77y · appointed 1998-05-20
View their other companies + combined net worth →
FORREST, Nigel Hamilton→
Activedirector · ~53y · appointed 2018-10-29
View their other companies + combined net worth →
FORREST, Allan James→
Resigneddirector · ~81y · appointed 1998-05-20 · resigned 2018-10-26
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | — | 06/04/2015 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (66 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-30
change-person-secretary-company-with-change-date
officers · CH03
2023-01-27
change-person-director-company-with-change-date
officers · CH01
2023-01-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-16