CARCO LIMITED
🌳Matureactive
02456309 · ltd · incorporated 1989-12-29
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
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 45112SIC 45112
- 45200SIC 45200
- 45320Retail trade of motor vehicle parts and accessories
Investor take
PursueActive trading company with a 63-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 63). Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
12 live charges · 6 lenders · oldest 36.1y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 36.1 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 63/100 (high).
Data confidence
Overall: medium (58/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
15 officers (3 active, 15 linked, 11 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
161 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (69 events)Click to expand
- 2026-02-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-31➖MAILLARD, Jean Frederic resigneddirector
- 2026-01-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-31➖YATES, Rachel resigneddirector
- 2025-12-22📄accounts-with-accounts-type-fullaccounts · AA
- 2025-03-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-12➕KARPPINEN, Elina appointeddirector
- 2025-03-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-04➕BURKE, Adrian Frederick appointedsecretary
- 2025-03-04➕BURKE, Adrian Frederick appointeddirector
- 2025-03-04➖CLARKE, James Maxwell resigneddirector
- 2025-03-04➖COOK, Richard James resigneddirector
- 2025-03-04➖COOK, Robin Douglas resigneddirector
- 2025-03-04➖JOCE, Robert David resigneddirector
- 2025-03-04➕MAILLARD, Jean Frederic appointeddirector
- 2025-03-04➖ROBERTSON, James Joseph resigneddirector
- 2025-03-04📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-03-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-03➕YATES, Rachel appointeddirector
- 2025-02-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-02-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-06🔓Charge satisfied #12
- 2025-02-06🔓Charge satisfied #9
- 2025-02-06🔓Charge satisfied #8
- 2025-02-06🔓Charge satisfied #7
- 2025-02-06🔓Charge satisfied #4
- 2025-02-06🔓Charge satisfied #1
- 2024-11-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-11-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-04🔓Charge satisfied #11
- 2022-02-02🔒Charge registered #12Lender: National Westminster Bank PLC
- 2017-01-25🔒Charge registered #11Lender: Santander Consumer (UK) PLC
- 2012-09-19🔓Charge satisfied #6
- 2008-10-13🔒Charge registered #10Lender: Rci Financial Services Limited
- 2008-09-18➖KAY, John Howard resignedsecretary
- 2008-06-30🔒Charge registered #9Lender: National Westminster Bank PLC
- 2002-11-12➕COOK, Richard James appointeddirector
- 2002-04-06🔓Charge satisfied #5
Showing most recent 50 of 69 events
Owner dependency
66/100
High — earn-out structure requiredMaterial 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 63 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: MAILLARD, Jean Frederic resigned 2026-01-31; YATES, Rachel resigned 2025-12-31
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Project Eagle Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Project Eagle Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
CARCO LIMITED
This company · 02456309
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 |
|---|---|---|---|---|
Project Eagle Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 20/12/2024 |
2 historic (ceased) PSCs
- Nybor Properties Limitedceased 20/12/2024· 75-100% shares · 75-100% voting · board control
- Carco Group Limitedceased 31/10/2024· 75-100% shares · 75-100% voting
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 · BS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CAR PAINT MEDICS LIMITED→ 07625590 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| CAR STAR LTD→ 15907570 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CARLAND BRISTOL LTD→ 13886223 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CARNATION UK DIRECT LIMITED→ 11553992 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CARNOON LIMITED→ 13675025 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CARS AUSTRALIA LTD→ 08117457 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| CARS OF WINFORD LIMITED→ 06769317 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| CARS OFF BRISTOL LTD→ 12298958 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CARS ON GO LTD→ 15927044 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CARS-LOT LIMITED→ 16521756 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CARZ CITY LTD→ 14097650 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CASH SAVE CARS LTD→ 06759396 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
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
Incorporated1989-12-29
Jurisdictionengland-wales
Primary SIC45111 — Sale of new cars and light motor vehicles
Registered office
City Motors Building Unit C, Pioneer Park
Whitby Road
Bristol
Bristol
BS4 3QB
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-21
Last: 2025-10-07
Officers (3 active · 12 resigned)
BURKE, Adrian Frederick→
Activesecretary · appointed 2025-03-04
View their other companies + combined net worth →
BURKE, Adrian Frederick→
Activedirector · ~63y · appointed 2025-03-04
View their other companies + combined net worth →
KARPPINEN, Elina→
Activedirector · ~52y · appointed 2025-03-12
View their other companies + combined net worth →
KAY, John Howard→
Resignedsecretary · appointed 2000-12-05 · resigned 2008-09-18
KAY, John Howard→
Resignedsecretary · resigned 2000-06-30
ROBERTSON, James Joseph→
Resignedsecretary · appointed 2000-06-30 · resigned 2000-12-05
CLARKE, James Maxwell→
Resigneddirector · ~88y · resigned 2025-03-04
COOK, Richard James→
Resigneddirector · ~63y · appointed 2002-11-12 · resigned 2025-03-04
COOK, Robin Douglas→
Resigneddirector · ~65y · appointed 2000-06-30 · resigned 2025-03-04
FOSTER, Donald Stewart→
Resigneddirector · ~78y · resigned 1999-10-08
HARRIS, Scott Robert→
Resigneddirector · ~77y · resigned 2000-06-30
JOCE, Robert David→
Resigneddirector · ~74y · resigned 2025-03-04
MAILLARD, Jean Frederic→
Resigneddirector · ~63y · appointed 2025-03-04 · resigned 2026-01-31
ROBERTSON, James Joseph→
Resigneddirector · ~68y · appointed 2000-06-30 · resigned 2025-03-04
YATES, Rachel→
Resigneddirector · ~54y · appointed 2025-03-03 · resigned 2025-12-31
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
1
Outstanding
1
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 02/02/2022 | 06/02/2025 | |
| satisfied | Santander Santander Consumer (UK) PLC | A registered charge | — | 25/01/2017 | 04/10/2024 | |
| outstanding | Rci Financial Services Rci Financial Services Limited | Debenture | 1 property | 13/10/2008 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 30/06/2008 | 06/02/2025 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 05/04/2001 | 06/02/2025 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 05/04/2001 | 06/02/2025 | |
| satisfied | Rfs Rfs Limited | Debenture | 1 property | 27/02/2001 | 19/09/2012 | |
| satisfied | Rfs Rfs Limited | Assignment and charge | 1 property | 02/09/1999 | 06/04/2002 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 30/06/1997 | 06/02/2025 | |
| satisfied | Renault Financial Services Renault Financial Services Limited | Debenture | 1 property | 31/03/1995 | 06/04/2002 | |
| satisfied | Nws Trust Nws Trust Limited | Debenture | 1 property | 09/10/1990 | 07/08/1999 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 01/06/1990 | 06/02/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (161 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-07
termination-director-company-with-name-termination-date
officers · TM01
2026-02-02
termination-director-company-with-name-termination-date
officers · TM01
2026-01-13
accounts-with-accounts-type-full
accounts · AA
2025-12-22
appoint-person-director-company-with-name-date
officers · AP01
2025-03-25
appoint-person-director-company-with-name-date
officers · AP01
2025-03-11
appoint-person-secretary-company-with-name-date
officers · AP03
2025-03-04
termination-director-company-with-name-termination-date
officers · TM01
2025-03-04
termination-director-company-with-name-termination-date
officers · TM01
2025-03-04
termination-director-company-with-name-termination-date
officers · TM01
2025-03-04
termination-director-company-with-name-termination-date
officers · TM01
2025-03-04
termination-director-company-with-name-termination-date
officers · TM01
2025-03-04
appoint-person-director-company-with-name-date
officers · AP01
2025-03-04
appoint-person-director-company-with-name-date
officers · AP01
2025-03-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-25