TRANS UK EQUIPMENT MANAGEMENT LTD
Opportunity 35/100 (watch), bankability 12/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (80/100). Current lenders should be on immediate intervention.
Refinance opportunity
3 live charges · 3 lenders · oldest 8.7y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 8.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2021-06-30 | 2020-06-30 |
|---|---|---|
| Average employees | 500 | 500 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (31 events)Click to expand
- 2025-11-03⚠️liquidation-compulsory-winding-up-progress-reportinsolvency · WU07
- 2024-11-05⚠️liquidation-compulsory-winding-up-progress-reportinsolvency · WU07
- 2024-04-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-14⚠️liquidation-compulsory-appointment-liquidatorinsolvency · WU04
- 2023-07-24⚠️liquidation-disclaimer-noticeinsolvency · NDISC
- 2023-05-30⚠️liquidation-disclaimer-noticeinsolvency · NDISC
- 2023-05-04⚠️liquidation-disclaimer-noticeinsolvency · NDISC
- 2023-05-02⚠️liquidation-disclaimer-noticeinsolvency · NDISC
- 2023-04-27⚠️liquidation-disclaimer-noticeinsolvency · NDISC
- 2023-04-24⚠️liquidation-disclaimer-noticeinsolvency · NDISC
- 2023-04-24⚠️liquidation-disclaimer-noticeinsolvency · NDISC
- 2023-04-20⚠️liquidation-disclaimer-noticeinsolvency · NDISC
- 2023-02-21⚠️liquidation-compulsory-winding-up-orderinsolvency · COCOMP
- 2021-12-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-07🔒Charge registered #3Lender: Davenham Asset Finance Limited
- 2021-10-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-06-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-05-27🔒Charge registered #2Lender: Paragon Business Finance PLC
- 2021-03-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-06-02📄change-person-director-company-with-change-dateofficers · CH01
- 2020-06-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-09-18🔓Charge satisfied #1
- 2017-09-01🔒Charge registered #1Lender: Ablrate Assets Limited
- 2008-08-05➕SEAGRAVE, Ian Robert appointeddirector
- 2008-08-01➕WILKES, Michael appointeddirector
- 2008-07-16➖FORM 10 DIRECTORS FD LTD resignedcorporate-director
- 2008-07-15🏢Company incorporatedAs TRANS UK EQUIPMENT MANAGEMENT LTD
- 2008-07-15➕FORM 10 DIRECTORS FD LTD appointedcorporate-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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.
Red flags
4 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2023-03-31
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2023-05-06
Company is actively being wound up. Not a going concern.
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-11-03: liquidation-compulsory-winding-up-progress-report; 2024-11-05: liquidation-compulsory-winding-up-progress-report
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Wilkes Individual · British · DOB 07/1970 · age 56 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · EC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1ST CALL CARMASTERS LTD→ 14896208 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2A SOLUTIONS LTD→ 16939915 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 33 SOURCING LTD→ 15489425 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 46MOTORS LIMITED→ 16518711 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A G CLASSIC CAR HIRE LTD→ 16243897 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AA TYRE SERVICES LTD→ 15873837 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AB LANESRA LTD→ 15972446 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABELLANA LTD→ 12352190 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABOKI AUTOS LIMITED→ 16959186 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AC KEY DIAGNOSTICS LIMITED→ 05748000 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| AC MANCHESTER LTD→ 15108995 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACE MOTORS & CO. LTD→ 16221765 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
11 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
Registered office
Filing status
Officers (2 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Davenham Asset Finance Davenham Asset Finance Limited | A registered charge | — | 07/12/2021 | — | |
| outstanding | Paragon Paragon Business Finance PLC | A registered charge | — | 27/05/2021 | — | |
| satisfied | Ablrate Assets Ablrate Assets Limited | A registered charge | 1 property | 01/09/2017 | 18/09/2018 |