DRIVEME.CO.UK LIMITED
Opportunity 63/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: low (49/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (25 events)Click to expand
- 2011-11-08📄gazette-dissolved-compulsorygazette · GAZ2
- 2011-11-08🏁Company dissolved
- 2011-07-26📄gazette-notice-compulsorygazette · GAZ1
- 2011-05-26📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2010-09-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-09-07📄appoint-person-director-company-with-nameofficers · AP01
- 2010-09-06📄change-person-director-company-with-change-dateofficers · CH01
- 2010-09-06📄change-person-director-company-with-change-dateofficers · CH01
- 2010-09-06📄termination-director-company-with-nameofficers · TM01
- 2010-03-01➕DAVIES, Andrew Arthur appointeddirector
- 2010-02-24➖AULD, John resigneddirector
- 2009-10-08📄appoint-person-director-company-with-nameofficers · AP01
- 2009-09-25📄legacyofficers · 288a
- 2009-09-25📄legacyofficers · 288a
- 2009-09-25📄legacyofficers · 288a
- 2009-07-22📄legacyofficers · 288b
- 2009-07-22📄legacyofficers · 288b
- 2009-07-20🏢Company incorporatedAs DRIVEME.CO.UK LIMITED
- 2009-07-20➕EVANS, Paul appointedsecretary
- 2009-07-20➕DAVIES, Allan Joseph appointeddirector
- 2009-07-20➕EVANS, Paul appointeddirector
- 2009-07-20➕AULD, John appointeddirector
- 2009-07-20➕HURWORTH, Aderyn appointeddirector
- 2009-07-20➖HURWORTH, Aderyn resigneddirector
- 2009-07-20📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 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
1 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2011-11-08
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8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
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Officers (0 active · 2 resigned)
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