ALTEC MOTORS LIMITED

🌳Matureactive
SC504920 · ltd · incorporated 2015-05-05
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£47.3k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £47,260

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£47k
↑ 3.2% YoY
Current Assets
£55k
↑ 5.7% YoY
Current Liabilities
£0£11k£22k£33k£44k£55kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£47.3k£45.8k
Current assets£55.0k£52.0k
Net assets£47.3k£45.8k

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
2
filings
  • 1 accounts
  • 1 officers
Last 180 days
2
filings
  • 1 accounts
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-01-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-01-26
    GAULT, Allan George appointed
    director
  4. 2025-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-02-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-02-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-08-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2018-08-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2018-08-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2018-07-01
    GAULT, Claire appointed
    director
  15. 2018-06-30
    GAULT, Allan George resigned
    director
  16. 2018-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-02-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2016-05-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2015-05-05
    🏢
    Company incorporated
    As ALTEC MOTORS LIMITED
  20. 2015-05-05
    MCPHERSON, William Giffin appointed
    director
  21. 2015-05-05
    GAULT, Allan George appointed
    director
  22. 2015-05-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr William Mcpherson
Individual · Scottish · DOB 10/1964 · age 62
2550%
25-50% shares05/05/2017
1 historic (ceased) PSC
  • Mr Allan Gaultceased 30/06/2018· 25-50% shares

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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated2015-05-05
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

10 Crawford Street
Greenock
Renfrewshire
PA15 1LR
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-19
Last: 2025-05-05

Officers (3 active · 1 resigned)

GAULT, Allan George
director · ~44y · appointed 2026-01-26
View their other companies + combined net worth →
Active
GAULT, Claire
director · ~45y · appointed 2018-07-01
View their other companies + combined net worth →
Active
MCPHERSON, William Giffin
director · ~62y · appointed 2015-05-05
View their other companies + combined net worth →
Active
GAULT, Allan George
director · ~44y · appointed 2015-05-05 · resigned 2018-06-30
Resigned

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

Recent filings (25 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-28
appoint-person-director-company-with-name-date
officers · AP01
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-16
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-29
confirmation-statement-with-updates
confirmation-statement · CS01
2019-05-29