TYRES DIRECT (STIRLING) LIMITED

🌳Matureactive
SC239979 · ltd · incorporated 2002-11-21
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 23.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£382.6k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 23.4y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 23.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (77/100)

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
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 (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
54 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 declared
Positive net assets
Net assets £382,571

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£383k
↑ 20% YoY
Current Assets
£425k
↓ 1.7% YoY
Current Liabilities
—
£0£87k£173k£260k£346k£433kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£382.6k£319.2k
Current assets£425.3k£432.6k
Net assets£382.6k£319.2k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 1 persons-with-significant-control
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-12-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-12-27
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2023-12-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-04-01
    ➕
    RONALD, James Neil appointed
    director
  8. 2023-03-31
    ➖
    RONALD, Elaine resigned
    secretary
  9. 2022-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-03-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-10-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-10-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-11-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-10-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-01-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-10-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2002-12-14
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 2002-11-21
    🏢
    Company incorporated
    As TYRES DIRECT (STIRLING) LIMITED
  20. 2002-11-21
    ➕
    RONALD, Neil John appointed
    director
  21. 2002-11-21
    ➕
    RONALD, Elaine appointed
    secretary
  22. 2002-11-21
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  23. 2002-11-21
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

Owner dependency

84/100
Critical — business is the founder

The 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 24 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — RONALD, James Neil (same surname) appointed 2023-04-01. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Neil John Ronald
Individual · British · DOB 06/1962 · age 64
75–100%
75–100%75-100% shares · 75-100% voting28/06/2016
Mr James Neil Ronald
Individual · Scottish · DOB 02/1999 · age 27
25–50%
—25-50% shares01/06/2024

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

Similar companies

Active · Automotive · FK postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DUMBARTON SERVICE STATION LIMITED→
SC261638 · est 2004
——£948.4k—22y8360y
J K TYRES AND AUTOCENTRE LIMITED→
SC253238 · est 2003 · no financials extracted
————22y8361y
PEOPLES DETROIT LIMITED→
SC119922 · est 1989 · no financials extracted
————36y8377y
REDHOUSE GARAGE (SCOTLAND) LIMITED→
SC348251 · est 2008
——£211.4k—17y8371y
333 SERVICES LIMITED→
SC314584 · est 2007
———30019y8271y
A T W TRANSPORT LTD.→
SC217667 · est 2001
————25y8259y
BROOK STREET AUTOS LIMITED→
SC140531 · est 1992
———633y8272y
CENTRAL GARAGE (STIRLING) LTD→
SC378947 · est 2010
——£126.3k—15y8272y
D CRAM BODY REPAIRS LIMITED→
SC164802 · est 1996
——£298.2k—30y8267y
FAIRDEAL TYRES LTD.→
SC233638 · est 2002
——£567.2k—23y8260y
GEMM 4 X 4 LIMITED→
SC280398 · est 2005
——£189.4k—21y8266y
GLENGYLE GARAGE LIMITED→
SC059483 · est 1976
———250y8272y
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
Incorporated2002-11-21
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

Block 2 Unit 3
Bandeath Industrial Estate
Throsk
Stirling
FK7 7NP

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-05
Last: 2025-11-21

Officers (2 active · 2 resigned)

RONALD, James Neil→
director · ~27y · appointed 2023-04-01
View their other companies + combined net worth →
Active
RONALD, Neil John→
director · ~64y · appointed 2002-11-21
View their other companies + combined net worth →
Active
RONALD, Elaine→
secretary · appointed 2002-11-21 · resigned 2023-03-31
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2002-11-21 · resigned 2002-11-21
Resigned

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
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property14/12/2002—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (54 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-27
termination-secretary-company-with-name-termination-date
officers · TM02
2023-12-27
appoint-person-director-company-with-name-date
officers · AP01
2023-12-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-26