AC CAR SERVICES LTD
- · Oldest live charge 16.5y old — refinance window within 12 months
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (83/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
1 live charge · oldest 16.5y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 16.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)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.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)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 105 (micro)| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £4 | £4 |
| Current assets | £4 | £4 |
| Net assets | £4 | £4 |
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
- • 1 officers
Corporate timeline (34 events)Click to expand
- 2026-03-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-01➕CAROFANO, Angelo appointeddirector
- 2025-08-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-12-06➕CAROFANO, Angela appointedsecretary
- 2024-12-06➖CAROFANO, Angela resignedsecretary
- 2024-12-06➖CARAFANO, Angelo resigneddirector
- 2024-12-06➖CAROFANO, Angela resigneddirector
- 2024-12-06➖CAROFANO, Antonietta Graziella resigneddirector
- 2024-12-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-06📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-12-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-12-04✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-08-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-08-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-08-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-08-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-08-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-08-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-08-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-08-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-07-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2009-12-16🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2009-01-06➕CAROFANO, Giovanni appointeddirector
- 2009-01-06➕CAROFANO, Antonietta Graziella appointeddirector
- 2008-11-19🏢Company incorporatedAs AC CAR SERVICES LTD
- 2008-11-19➕CAROFANO, Angela appointedsecretary
- 2008-11-19➕TEMPLE SECRETARIES LIMITED appointedcorporate-secretary
- 2008-11-19➖TEMPLE SECRETARIES LIMITED resignedcorporate-secretary
- 2008-11-19➕CARAFANO, Angelo appointeddirector
- 2008-11-19➕CAROFANO, Angela appointeddirector
- 2008-11-19➕KAHAN, Barbara appointeddirector
- 2008-11-19➖KAHAN, Barbara resigneddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 78 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 17 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-12-04: certificate-change-of-name-company
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Giovanni Carofano Individual · British · DOB 05/1975 · age 51 | — | — | sig. influencesignificant influence | 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
Registered office
Filing status
Officers (3 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 16/12/2009 | — |