AUTOELITE (HULL) LIMITED

💤Zombieactive
06077805 · ltd · incorporated 2007-02-01
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 Jul 2025
Net worth
£11.8k
book net assets
Opportunity
77/100
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 77/100 (strong), bankability 85/100. 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: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 19.0y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 19.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £11,759
Net assets shrinking
Down £16,768 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£12k
↓ 59% YoY
Current Assets
£24k
↓ 47% YoY
Current Liabilities
—
£0£9k£18k£27k£36k£45kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Total assets£14.3k£31.0k
Current assets£23.6k£44.8k
Net assets£11.8k£28.5k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-09-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-09-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-05-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2021-04-13
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2020-09-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-06-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-05-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2020-02-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  12. 2020-01-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2018-11-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2018-11-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2018-09-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-11-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2017-11-10
    🔓
    Charge satisfied #1
  19. 2017-10-31
    ➖
    PARK, Lee David resigned
    director
  20. 2014-05-01
    ➕
    PARK, Lee David appointed
    director
  21. 2014-05-01
    ➖
    RICHARDSON, Ian Ronald resigned
    director
  22. 2007-08-01
    🔒
    Charge registered #1
    Lender: Mrs Vanda June Noel Davenport
  23. 2007-02-26
    ➖
    ABERGAN REED NOMINEES LIMITED resigned
    corporate-secretary
  24. 2007-02-26
    ➖
    ABERGAN REED LIMITED resigned
    corporate-director
  25. 2007-02-01
    🏢
    Company incorporated
    As AUTOELITE (HULL) LIMITED
  26. 2007-02-01
    ➕
    ASQUITH, Kirk Antony appointed
    secretary
  27. 2007-02-01
    ➕
    ASQUITH, Kirk Antony appointed
    director
  28. 2007-02-01
    ➕
    ABERGAN REED NOMINEES LIMITED appointed
    corporate-secretary
  29. 2007-02-01
    ➕
    RICHARDSON, Ian Ronald appointed
    director
  30. 2007-02-01
    ➕
    ABERGAN REED LIMITED appointed
    corporate-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 19 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 19 years.
  • secondaryStable-but-static management: Company is 19 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
NameSharesVoting rightsNature of controlNotified
Mr Kirk Antony Asquith
Individual · British · DOB 05/1979 · age 47
——sig. influencesignificant influence31/03/2017
2 historic (ceased) PSCs
  • Mr Lee David Parkceased 31/10/2017· significant influence
  • Mr Kirk Antony Asquithceased 31/03/2017· significant influence

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
Incorporated2007-02-01
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200

Registered office

Unit 12 Salveson Way
Brighton Street Estate
Hull
East Yorkshire
HU3 4UQ

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-11-15
Last: 2025-11-01

Officers (2 active · 4 resigned)

ASQUITH, Kirk Antony→
secretary · appointed 2007-02-01
View their other companies + combined net worth →
Active
ASQUITH, Kirk Antony→
director · ~47y · appointed 2007-02-01
View their other companies + combined net worth →
Active
ABERGAN REED NOMINEES LIMITED→
corporate-secretary · appointed 2007-02-01 · resigned 2007-02-26
Resigned
PARK, Lee David→
director · ~46y · appointed 2014-05-01 · resigned 2017-10-31
Resigned
RICHARDSON, Ian Ronald→
director · ~56y · appointed 2007-02-01 · resigned 2014-05-01
Resigned
ABERGAN REED LIMITED→
corporate-director · appointed 2007-02-01 · resigned 2007-02-26
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Mrs Vanda June Noel Davenport
Rent deposit deed1 property01/08/200710/11/2017

Recent filings (70 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-02
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-29
gazette-filings-brought-up-to-date
gazette · DISS40
2021-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-11
gazette-notice-compulsory
gazette · GAZ1
2021-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-18
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-09