GODSMAN TYRES & EXHAUSTS LIMITED
💤Zombieactive
SC252460 · ltd · incorporated 2003-07-08
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£122.5k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 82990Other business support service activities n.e.c.
Investor take
PursueActive trading company with a 64-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -69% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 22.6y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (76/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
62 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 £122,473
Cash draining
Cash down 69% YoY
Cash YoY
-69%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£40k
↓ 69% YoY
Net Worth
£122k
↑ 7.6% YoY
Current Assets
£73k
↓ 53% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £122.5k | £157.9k |
| Current assets | £73.0k | £155.6k |
| Cash | £40.1k | £129.4k |
| Debtors | £32.9k | £3.3k |
| Net assets | £122.5k | £113.8k |
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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-01-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-11-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-07-29📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-02-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-11-24➖GODSMAN, Corrina Mary resignedsecretary
- 2022-12-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-09-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-09-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-02-19📄capital-allotment-sharescapital · SH01
- 2019-11-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-04-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-02-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-07-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-07-07📄change-person-secretary-company-with-change-dateofficers · CH03
- 2016-06-15🔒Charge registered #2Lender: Bank of Scotland PLC
- 2003-09-30🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2003-07-08🏢Company incorporatedAs GODSMAN TYRES & EXHAUSTS LIMITED
- 2003-07-08➕GODSMAN, John Henry appointeddirector
- 2003-07-08➕GODSMAN, Corrina Mary appointedsecretary
- 2003-07-08➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2003-07-08➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2003-07-08➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2003-07-08➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "GODSMAN" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Henry Godsman Individual · British · DOB 06/1962 · age 64 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 08/07/2016 |
1 historic (ceased) PSC
- Mrs Corrina Mary Godsmanceased 31/08/2020· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| HIGHLAND MOTOR PARTS LIMITED→ SC228871 · est 2002 | £9.39M £7.51M–£11.26M | — | — | 75 | 24y | 88 | 64y |
| DONALD MACKENZIE LIMITED→ SC058445 · est 1975 | £1.06M £847.9k–£1.27M | — | — | 5200 | 50y | 87 | 68y |
| CULLODEN CAR SALES LTD.→ SC222206 · est 2001 | — | — | £2.10M | — | 24y | 83 | 58y |
| SEVILLE 2011 LIMITED→ SC389852 · est 2010 | — | — | £83.0k | — | 15y | 83 | 58y |
| SGM CARS LTD→ SC384911 · est 2010 · no financials extracted | — | — | — | — | 15y | 83 | 59y |
| AUTOCARE (INVERNESS) LIMITED→ SC203216 · est 2000 | — | — | £178.1k | — | 26y | 82 | 65y |
| DANZAN LIMITED→ SC248100 · est 2003 | — | — | — | 2 | 23y | 82 | 72y |
| DINGWALL PANEL BEATERS LIMITED→ SC214001 · est 2000 | — | — | £108.0k | — | 25y | 82 | 62y |
| DUNLOPS MOTOR FACTORS (HIGHLAND) LTD.→ SC216519 · est 2001 | — | — | £86.9k | — | 25y | 82 | 72y |
| EWEN MACRAE(WEST END GARAGE)LIMITED→ SC060381 · est 1976 | — | — | £1.84M | — | 49y | 82 | 80y |
| FLEET MANAGEMENT SERVICES (UK) LIMITED→ SC211499 · est 2000 | — | — | — | 900 | 25y | 82 | 69y |
| J R MOTORS (ELGIN) LIMITED→ SC288973 · est 2005 | — | — | £77.0k | — | 20y | 82 | 65y |
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
Incorporated2003-07-08
Jurisdictionscotland
Primary SIC45200 — SIC 45200
Registered office
Blarliath Industrial Estate
Tain
Ross Shire
IV19 1EB
Scotland
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-22
Last: 2025-07-08
Officers (1 active · 3 resigned)
GODSMAN, John Henry→
Activedirector · ~64y · appointed 2003-07-08
View their other companies + combined net worth →
GODSMAN, Corrina Mary→
Resignedsecretary · appointed 2003-07-08 · resigned 2023-11-24
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2003-07-08 · resigned 2003-07-08
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2003-07-08 · resigned 2003-07-08
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 15/06/2016 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 30/09/2003 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (62 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-01-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-29
termination-secretary-company-with-name-termination-date
officers · TM02
2024-07-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-01-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-09-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-14