HUGHSON VEHICLE SERVICES LIMITED

🏛️Establishedactive
SC619812 · ltd · incorporated 2019-01-31
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
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Turnover
year to Mar 2025
Net worth
£-106.2k
book net assets
Opportunity
68/100
Strong
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £106,221

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£106k
↑ 14% YoY
Current Assets
£35k
↓ 35% YoY
Current Liabilities
-£123k-£88k-£52k-£17k£18k£54kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£-39.1k£-61.5k
Current assets£35.0k£53.6k
Net assets£-106.2k£-122.9k

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 (12 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-10-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-10-07
    HUGHSON, Robert Malcolm appointed
    director
  5. 2024-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-01-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-08-06
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  10. 2019-01-31
    🏢
    Company incorporated
    As HUGHSON VEHICLE SERVICES LIMITED
  11. 2019-01-31
    HUGHSON, John appointed
    director
  12. 2019-01-31
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

100/100
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.
  • +Founder name in company name: Company name contains director surname "HUGHSON" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-13

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John Hughson
Individual · Scottish · DOB 12/2000 · age 26
75100%
75–100%board control75-100% shares · 75-100% voting · board control31/01/2019

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

8 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
Incorporated2019-01-31
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

26 Lewis Street
Stornoway
Isle Of Lewis
HS1 2JF
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-02-13OVERDUE
Last: 2025-01-30

Officers (2 active · 0 resigned)

HUGHSON, John
director · ~26y · appointed 2019-01-31
View their other companies + combined net worth →
Active
HUGHSON, Robert Malcolm
director · ~66y · appointed 2024-10-07
View their other companies + combined net worth →
Active

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

Recent filings (15 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-24
appoint-person-director-company-with-name-date
officers · AP01
2024-10-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-25
change-account-reference-date-company-previous-extended
accounts · AA01
2020-08-06
confirmation-statement-with-updates
confirmation-statement · CS01
2020-03-09
incorporation-company
incorporation · NEWINC
2019-01-31