AJS CONTRACT CARS LTD.

🌳Matureactive
SC361262 · ltd · incorporated 2009-06-16
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£285.6k
book net assets
Opportunity
78/100
Strong
🔔
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 49320
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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

4 live charges · 3 lenders · oldest 9.5y

35/100
too messy

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

  • · Oldest live charge is 9.5 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (78/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
0 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
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 £285,644

Key financials

2 years extracted from filed iXBRL accounts
Cash
£28k
Net Worth
£286k
Current Assets
£89k
Current Liabilities
—
£0£57k£114k£171k£229k£286kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£575.5k—
Current assets£88.6k—
Cash£28.2k—
Debtors£60.4k—
Net assets£285.6k—

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
0
filings
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2025-05-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2023-12-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2023-12-07
    🔒
    Charge registered #5
    Lender: Allica Bank Limited
  4. 2023-12-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2023-12-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2023-12-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2023-12-05
    🔓
    Charge satisfied #3
  8. 2023-12-05
    🔓
    Charge satisfied #1
  9. 2023-12-01
    🔒
    Charge registered #4
    Lender: Allica Bank Limited
  10. 2023-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-05-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-05-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-09-29
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  17. 2018-09-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2018-09-27
    📄
    capital-allotment-shares
    capital · SH01
  19. 2018-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2016-10-13
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  21. 2016-10-11
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  22. 2014-03-11
    ➖
    SMITH, Kevin Alexander resigned
    director
  23. 2014-03-11
    ➖
    WOOD, John White resigned
    director
  24. 2012-07-27
    ➕
    SMITH, Steven James appointed
    director
  25. 2012-07-27
    ➕
    SMITH, Tracy Louisa Jane appointed
    director
  26. 2012-07-27
    ➕
    SMITH, Kevin Alexander appointed
    director
  27. 2012-07-27
    ➕
    WOOD, John White appointed
    director
  28. 2012-06-10
    ➖
    SMITH, Alexander James resigned
    director
  29. 2009-06-16
    🏢
    Company incorporated
    As AJS CONTRACT CARS LTD.
  30. 2009-06-16
    ➕
    SMITH, Tracy Louisa Jane appointed
    secretary
  31. 2009-06-16
    ➕
    BRIAN REID LTD. appointed
    corporate-secretary
  32. 2009-06-16
    ➖
    BRIAN REID LTD. resigned
    corporate-secretary
  33. 2009-06-16
    ➕
    MABBOTT, Stephen George appointed
    director
  34. 2009-06-16
    ➖
    MABBOTT, Stephen George resigned
    director
  35. 2009-06-16
    ➕
    SMITH, Alexander James appointed
    director

Owner dependency

74/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 years.
  • secondaryStable-but-static management: Company is 17 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 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.

Similar companies

Active · Transport & logistics · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CK-KS COURIERS LIMITED→
SC365735 · est 2009 · no financials extracted
————16y——
COMMERCIAL MOVES GROUP LIMITED→
SC552654 · est 2016 · no financials extracted
————9y——
CRANE SOLUTIONS SCOTLAND LTD→
SC724497 · est 2022 · no financials extracted
————4y——
E & M LEES LTD→
SC725152 · est 2022 · no financials extracted
————4y——
EDDA SUPPLY SHIPS III LIMITED→
SC666249 · est 2020 · no financials extracted
————5y——
ELECTRIC SCRIBE 2000 LIMITED→
SC214214 · est 2000 · no financials extracted
————25y——
ESWL LIMITED→
SC374888 · est 2010 · no financials extracted
————16y——
EXCEL MAINTENANCE WESTHILL LTD→
SC401191 · est 2011 · no financials extracted
————14y——
EYES ON THE ROAD LTD→
SC822235 · est 2024 · no financials extracted
————1y——
F.H. BERTLING LOGISTICS ABERDEEN LIMITED→
SC463202 · est 2013 · no financials extracted
————12y——
FALCON COACH HIRE LIMITED→
SC165541 · est 1996 · no financials extracted
————29y——
FARSTAD SHIPPING LIMITED→
SC094889 · est 1985 · no financials extracted
————40y——
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
Incorporated2009-06-16
Jurisdictionscotland
Primary SIC49320 — SIC 49320

Registered office

Eastfield
Blackhills
Peterhead
Aberdeenshire
AB42 3LB

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-10-11
Last: 2025-09-27

Officers (3 active · 5 resigned)

SMITH, Tracy Louisa Jane→
secretary · appointed 2009-06-16
View their other companies + combined net worth →
Active
SMITH, Steven James→
director · ~60y · appointed 2012-07-27
View their other companies + combined net worth →
Active
SMITH, Tracy Louisa Jane→
director · ~46y · appointed 2012-07-27
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-secretary · appointed 2009-06-16 · resigned 2009-06-16
Resigned
MABBOTT, Stephen George→
director · ~76y · appointed 2009-06-16 · resigned 2009-06-16
Resigned
SMITH, Alexander James→
director · ~82y · appointed 2009-06-16 · resigned 2012-06-10
Resigned
SMITH, Kevin Alexander→
director · ~62y · appointed 2012-07-27 · resigned 2014-03-11
Resigned
WOOD, John White→
director · ~62y · appointed 2012-07-27 · resigned 2014-03-11
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Allica Bank
Allica Bank Limited
A registered charge1 property07/12/2023—
outstanding
Allica Bank
Allica Bank Limited
A registered charge—01/12/2023—
satisfied
Virgin Money
Clydesdale Bank PLC
A registered charge1 property13/10/201605/12/2023
satisfied
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge—11/10/201605/12/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (61 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-06
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-05
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-10
confirmation-statement-with-updates
confirmation-statement · CS01
2020-09-28