AUTOMOTIVE PAINT SUPPLIES LIMITED

💤Zombieactive
06002880 · ltd · incorporated 2006-11-20
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 Nov 2025
Net worth
£-10.4k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: SIC 46750
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (75/100)

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 (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
57 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
60
Some acquirability indicators.
Risk profile
85
Few red 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 £10,449
Net assets shrinking
Down £11,249 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£10k
↓ 1406% YoY
Current Assets
£76k
↓ 25% YoY
Current Liabilities
-£10k£12k£34k£56k£78k£101kNov 2024Nov 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-11-302024-11-30
Total assets£-4.0k£23.9k
Current assets£75.9k£100.7k
Net assets£-10.4k£800

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-05-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-08-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-07-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-04-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-04-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-05-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2021-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-08-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-09-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2019-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-07-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-06-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-07-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-06-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2014-11-06
    OAKLEY, Victoria Suzanne resigned
    secretary
  17. 2006-11-20
    🏢
    Company incorporated
    As AUTOMOTIVE PAINT SUPPLIES LIMITED
  18. 2006-11-20
    OAKLEY, Paul Dean appointed
    director
  19. 2006-11-20
    OAKLEY, Victoria Suzanne appointed
    secretary
  20. 2006-11-20
    THEYDON SECRETARIES LIMITED appointed
    corporate-secretary
  21. 2006-11-20
    THEYDON SECRETARIES LIMITED resigned
    corporate-secretary
  22. 2006-11-20
    THEYDON NOMINEES LIMITED appointed
    corporate-nominee-director
  23. 2006-11-20
    THEYDON NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

85/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 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

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Paul Dean Oakley
Individual · British · DOB 06/1971 · age 55
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2006-11-20
Jurisdictionengland-wales
Primary SIC46750 — SIC 46750

Registered office

Unit 3b Ladyship Mills Business Park
Mill Lane
Halifax
West Yorkshire
HX3 6TA
United Kingdom

Filing status

Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2026-09-12
Last: 2025-08-29

Officers (1 active · 3 resigned)

OAKLEY, Paul Dean
director · ~55y · appointed 2006-11-20
View their other companies + combined net worth →
Active
OAKLEY, Victoria Suzanne
secretary · appointed 2006-11-20 · resigned 2014-11-06
Resigned
THEYDON SECRETARIES LIMITED
corporate-secretary · appointed 2006-11-20 · resigned 2006-11-20
Resigned
THEYDON NOMINEES LIMITED
corporate-nominee-director · appointed 2006-11-20 · resigned 2006-11-20
Resigned

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

Recent filings (57 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-20
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-31
change-person-director-company-with-change-date
officers · CH01
2021-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-06
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-25