A M PHILLIP TRUCKTECH LIMITED

📉Decliningactive

SC287764 · ltd · incorporated 2005-07-21

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Opportunity decay

drifting distress · 6-months

Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.

· Lifecycle stage drifting downward
· Currently "declining"

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

78/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 45190

Sector: Wholesale & retail

ALSO REGISTERED FOR

45200SIC 45200
45320Retail trade of motor vehicle parts and accessories

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 74). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

6 live charges · 3 lenders · oldest 20.2y

25/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 20.2 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 35/100 — workable, but lender will want more DD.
· Not currently profitable — coverage conversation is a harder sell.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

6 charges (6/6 with lender, 6/6 with type)

Directors & officers

11 officers (6 active, 11 linked, 10 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

4 connected companies via shared directors

Filing history

86 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Loss-making

Loss before tax £1,254,710

Slipped into loss

Moved from profit to loss this year

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Turnover	—	£72.99M
Gross profit	£12.65M	£12.63M
Operating profit	—	£1.62M
Profit before tax	£-1.25M	£162.0k
Average employees	184	17600

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

🔒Filing-note intelligence

2 signals 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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (38 events)Click to expand

2025-09-30
📄
accounts-with-accounts-type-full
accounts · AA
2025-02-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-24
📄
accounts-with-accounts-type-full
accounts · AA
2024-08-31
➖
CORMACK, Alastair Stuart resigned
director
2023-09-22
📄
accounts-with-accounts-type-full
accounts · AA
2022-10-05
📄
accounts-with-accounts-type-full
accounts · AA
2021-12-30
📄
accounts-with-accounts-type-full
accounts · AA
2021-06-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-06-01
➖
TASKER, George resigned
director
2020-10-02
📄
accounts-with-accounts-type-full
accounts · AA
2020-03-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-03-01
➕
MCWILLIAM, Robert Alexander appointed
director
2019-09-25
📄
accounts-with-accounts-type-full
accounts · AA
2019-09-20
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-09-12
🔒
Charge registered #6
Lender: The Royal Bank of Scotland PLC
2018-09-28
📄
accounts-with-accounts-type-full
accounts · AA
2018-02-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-02-14
➖
GIBBONS, Martin resigned
director
2017-09-19
📄
accounts-with-accounts-type-full
accounts · AA
2017-08-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2017-07-31
➖
DAVIDSON, John Christison resigned
director
2016-10-22
➖
GIBB, William Robert resigned
director
2007-09-07
🔒
Charge registered #5
Lender: Iveco Limited
2007-09-07
🔒
Charge registered #4
Lender: Iveco Limited
2007-08-22
🔒
Charge registered #3
Lender: Fce Bank PLC
2007-08-22
🔒
Charge registered #2
Lender: Fce Bank PLC
2006-12-31
➕
PHILLIP, Alexander Mortimer appointed
director
2006-12-31
➕
PHILLIP, Gordon William appointed
director
2006-01-23
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2005-09-01
➕
HALLY, Timothy Scott appointed
director
2005-09-01
➕
CORMACK, Alastair Stuart appointed
director
2005-09-01
➕
DAVIDSON, John Christison appointed
director
2005-09-01
➕
GIBB, William Robert appointed
director
2005-09-01
➕
GIBBONS, Martin appointed
director
2005-09-01
➕
TASKER, George appointed
director
2005-07-21
🏢
Company incorporated
As A M PHILLIP TRUCKTECH LIMITED
2005-07-21
➕
PHILLIP, Alexander Mortimer appointed
secretary
2005-07-21
➕
PHILLIP, Graham Kerr appointed
director

Owner dependency

88/100

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

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "PHILLIP" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 74 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 21 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

1 low

6 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

A M Phillip Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

A M Phillip Ltd

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

A M PHILLIP TRUCKTECH LIMITED

This company · SC287764

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%

Name	Shares	Voting rights	Nature of control	Notified
A M Phillip Ltd Corporate entity	75–100%	75–100%	board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest	21/07/2016

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 →

Similar companies

Active · Automotive · DD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A.I.M AUTOSALES LTD→ SC855583 · est 2025 · no financials extracted	—	—	—	—	—	—	—
A.M AUTOSPRAY LTD→ SC734143 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ACE ALLOY REPAIRS LIMITED→ SC872781 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AJGF AUTOS LIMITED→ SC877706 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ANCRUM MOTOR COMPANY LTD→ SC709870 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
AVR (ANGUS) LTD→ SC863631 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BHIZ LTD→ SC770998 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
BLACKNESS AUTOS LTD→ SC772023 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
BROUGHTY FERRY TYRES LIMITED→ SC794955 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
CARNOUSTIE TYRES & MOT'S LIMITED→ SC546424 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
COULL CARS LTD→ SC314277 · est 2007 · no financials extracted	—	—	—	—	19y	—	—
D. & A. FACTORS (DUNDEE) LIMITED→ SC065706 · est 1978 · no financials extracted	—	—	—	—	47y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

10 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

Incorporated2005-07-21

Jurisdictionscotland

Primary SIC45190 — SIC 45190

Registered office

Muiryfaulds Garage

Forfar

Angus

DD8 1XP

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-08-08

Last: 2025-07-25