ABC COACHES (2002) LIMITED
💤Zombieactive
04370782 · ltd · incorporated 2002-02-11
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£140.8k
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 57/100. 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. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
7 live charges · 5 lenders · oldest 24.1y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 24.1 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
11 officers (1 active, 11 linked, 7 with DOB)
83
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
Network not yet resolved
30
Filing history
103 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £140,845
Net assets shrinking
Down £218,273 YoY
Cash draining
Cash down 94% YoY
Cash YoY
-94%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
↓ 94% YoY
Net Worth
£141k
↓ 61% YoY
Current Assets
£265k
↓ 29% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £274.5k | £524.2k |
| Current assets | £264.9k | £371.5k |
| Cash | £2.9k | £46.1k |
| Debtors | £259.0k | £322.6k |
| Net assets | £140.8k | £359.1k |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
- 2025-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-19🔒Charge registered #7Lender: 4SYTE LTD
- 2025-08-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-08-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-08-02➖HUSSAIN, Banaras resigneddirector
- 2025-08-01➕KHAN, Mohammed Naseeb appointeddirector
- 2025-06-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-17📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-07-11➖WILKES, Paul John resignedsecretary
- 2023-11-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-06-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-05-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-03-31➖WILKES, Paul John resigneddirector
- 2020-02-26➖SHAH, Safdar Hussain resigneddirector
- 2020-02-25➕HUSSAIN, Banaras appointeddirector
- 2020-02-11🔓Charge satisfied #2
- 2019-08-02➕SHAH, Safdar Hussain appointeddirector
- 2019-07-16➖WILKES, Neil Keith resigneddirector
- 2013-09-13🔓Charge satisfied #3
- 2012-07-31🔒Charge registered #6Lender: Hsbc Bank PLC
- 2007-08-29🔒Charge registered #5Lender: Hsbc Invoice Finance (UK) LTD (the Security Holder)
- 2007-08-29🔒Charge registered #4Lender: Hsbc Invoice Finance (UK) LTD (the Security Holder)
- 2006-06-23🔒Charge registered #3Lender: Rbs Invoice Finance Limited
- 2006-04-01➕WILKES, Paul John appointedsecretary
- 2006-03-31➖WEATHERALL, George resignedsecretary
- 2006-03-31➖WEATHERALL, George resigneddirector
- 2003-10-20🔒Charge registered #2Lender: Norwich & Peterborough Building Society
- 2002-12-01➕WEATHERALL, George appointedsecretary
- 2002-11-11➖DUTTON, Philip Sydney resigneddirector
- 2002-05-09🔒Charge registered #1Lender: Hsbc Bank PLC
- 2002-04-08➖K & S SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2002-04-08➕DUTTON, Philip Sydney appointeddirector
- 2002-04-08➕WEATHERALL, George appointeddirector
- 2002-04-08➕WILKES, Neil Keith appointeddirector
- 2002-04-08➕WILKES, Paul John appointeddirector
- 2002-04-08➖K & S DIRECTORS LIMITED resignedcorporate-nominee-director
- 2002-02-11🏢Company incorporatedAs ABC COACHES (2002) LIMITED
- 2002-02-11➕K & S SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2002-02-11➕K & S DIRECTORS LIMITED appointedcorporate-nominee-director
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mohammed Naseeb Khan Individual · British · DOB 07/1981 · age 45 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/08/2025 |
4 historic (ceased) PSCs
- Mr Banaras Hussainceased 02/08/2025· 75-100% shares
- Mr Safdar Hussain Shahceased 11/05/2020· 25-50% shares · 25-50% voting
- Mr Paul John Wilkesceased 30/03/2025· significant influence
- Mr Neil Keith Wilkesceased 25/02/2020· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| AAABIRMINGHAM LIMITED→ 15071734 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AADM TRANS LIMITED→ 10860660 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AAISHA’S PARCELS LIMITED→ 16629648 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AB CONTINENTAL GROUP LTD→ 16425225 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AB SPEDITION LIMITED→ 12371997 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABADAN LTD→ 16698632 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABATALOGISTICS LTD→ 16741940 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABBEY REMOVALS LTD→ 12254071 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABBOTT COURIERS LIMITED→ 04524530 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ABBY HAULAGE LTD→ 13173924 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ABC CAR BREAKDOWN RECOVERY BIRMINGHAM LTD→ 16578043 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABC TRANSFER SERVICES LTD→ 15391811 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2002-02-11
Jurisdictionengland-wales
Primary SIC49320 — SIC 49320
Registered office
152 Station Road
Stechford
Birmingham
B33 8BT
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-19
Last: 2025-08-05
Officers (1 active · 10 resigned)
KHAN, Mohammed Naseeb→
Activedirector · ~45y · appointed 2025-08-01
View their other companies + combined net worth →
WEATHERALL, George→
Resignedsecretary · appointed 2002-12-01 · resigned 2006-03-31
WILKES, Paul John→
Resignedsecretary · appointed 2006-04-01 · resigned 2024-07-11
K & S SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-02-11 · resigned 2002-04-08
DUTTON, Philip Sydney→
Resigneddirector · ~73y · appointed 2002-04-08 · resigned 2002-11-11
HUSSAIN, Banaras→
Resigneddirector · ~50y · appointed 2020-02-25 · resigned 2025-08-02
SHAH, Safdar Hussain→
Resigneddirector · ~65y · appointed 2019-08-02 · resigned 2020-02-26
WEATHERALL, George→
Resigneddirector · ~86y · appointed 2002-04-08 · resigned 2006-03-31
WILKES, Neil Keith→
Resigneddirector · ~58y · appointed 2002-04-08 · resigned 2019-07-16
WILKES, Paul John→
Resigneddirector · ~55y · appointed 2002-04-08 · resigned 2020-03-31
K & S DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2002-02-11 · resigned 2002-04-08
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
5
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | 4SYTE 4SYTE LTD | A registered charge | 1 property | 19/09/2025 | — | |
| outstanding | HSBC Hsbc Bank PLC | Legal assignment of contract monies | 1 property | 31/07/2012 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD (the Security Holder) | Floating charge (all assets) | 1 property | 29/08/2007 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD (the Security Holder) | Fixed charge on purchased debts which fail to vest | 1 property | 29/08/2007 | — | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | Fixed and floating charge | 1 property | 23/06/2006 | 13/09/2013 | |
| satisfied | Norwich & Peterborough Building Society | Mortgage deed | 1 property | 20/10/2003 | 11/02/2020 | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 09/05/2002 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (103 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-12
termination-director-company-with-name-termination-date
officers · TM01
2025-08-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-08-12
appoint-person-director-company-with-name-date
officers · AP01
2025-08-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-22
termination-secretary-company-with-name-termination-date
officers · TM02
2024-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-29