1ST CAR IMPORTS LIMITED
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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: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (56/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (26 events)Click to expand
- 2026-02-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-11-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-07-02📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-06-01➕TURNBULL, Theia Celeste Nankivell appointedsecretary
- 2021-06-01➖TURNBULL, Helen Kay resignedsecretary
- 2021-01-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-06-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-11-19📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-04📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-06-27➖LEDGER, Duncan Philip resigneddirector
- 2018-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-09-24➕LEDGER, Duncan Philip appointeddirector
- 2011-02-03➖TURNBULL, Robert Douglas resigneddirector
- 2008-05-29🏢Company incorporatedAs 1ST CAR IMPORTS LIMITED
- 2008-05-29➕TURNBULL, Giles Richard Douglas appointeddirector
- 2008-05-29➕TURNBULL, Helen Kay appointedsecretary
- 2008-05-29➕TURNBULL, Robert Douglas appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 18 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Giles Richard Douglas Turnbull Individual · British · DOB 12/1981 · age 45 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
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Filing status
Officers (2 active · 3 resigned)
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