APEX RADIO CARS LTD

💤Zombieactive
07088172 · ltd · incorporated 2009-11-26
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 Oct 2024
Net worth
£-1.5k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (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: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (1 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £1,543

Key financials

1 year extracted from filed iXBRL accounts
Cash
£9k
Net Worth
-£2k
Current Assets
£9k
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-31
Total assets£-1.5k
Current assets£9.1k
Cash£9.1k
Net assets£-1.5k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-24
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2024-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-10-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-10-16
    ➖
    PAYANDEH, Javid resigned
    director
  6. 2023-10-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2023-10-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2023-10-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2023-07-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2022-09-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2022-09-12
    ➕
    ALAMGIR, Zulfiqar appointed
    director
  12. 2022-07-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-07-31
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  15. 2020-07-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-07-24
    📄
    termination-director-company
    officers · TM01
  19. 2018-07-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2018-07-10
    ➖
    ZULFIQAR, Alamgir resigned
    director
  21. 2018-05-22
    ➕
    ZULFIQAR, Alamgir appointed
    director
  22. 2013-11-22
    ➖
    ZULFIQAR, Alamgir resigned
    director
  23. 2013-01-25
    ➖
    NADERZAI, Said Ahmad resigned
    director
  24. 2012-04-12
    ➖
    HILLS, Derrick Alan resigned
    director
  25. 2012-04-12
    ➕
    NADERZAI, Said Ahmad appointed
    director
  26. 2012-04-12
    ➕
    PAYANDEH, Javid appointed
    director
  27. 2012-04-12
    ➕
    ZULFIQAR, Alamgir appointed
    director
  28. 2009-11-26
    🏢
    Company incorporated
    As APEX RADIO CARS LTD
  29. 2009-11-26
    ➕
    HILLS, Derrick Alan appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
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.
  • secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Zulfiqar Alamgir
Individual · British · DOB 08/1977 · age 49
75–100%
—75-100% shares16/10/2023
1 historic (ceased) PSC
  • Mr Javid Payandehceased 16/10/2023· 75-100% shares · 75-100% voting · board control · significant influence · firm interest

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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09549457 · est 2015 · no financials extracted
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14374385 · est 2022
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14998353 · est 2023 · no financials extracted
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15803711 · est 2024 · no financials extracted
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10956194 · est 2017 · no financials extracted
————8y——
ANGLO PACIFIC FORWARDING LIMITED→
01508443 · est 1980 · no financials extracted
————45y——
APEX EXECUTIVES LTD→
17047430 · est 2026 · no financials extracted
———————
APZ TRADING LIMITED→
13213113 · est 2021 · no financials extracted
————5y——
ARAN TRADING LTD→
16342156 · est 2025 · no financials extracted
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AREL MAILING LTD→
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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
Incorporated2009-11-26
Jurisdictionengland-wales
Primary SIC49320 — SIC 49320

Registered office

1 Apex Parade Selvage Lane
Mill Hill
London
NW7 3JT

Filing status

Accounts
Next due: 2026-07-28
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-13
Last: 2025-10-30

Officers (1 active · 5 resigned)

ALAMGIR, Zulfiqar→
director · ~49y · appointed 2022-09-12
View their other companies + combined net worth →
Active
HILLS, Derrick Alan→
director · ~71y · appointed 2009-11-26 · resigned 2012-04-12
Resigned
NADERZAI, Said Ahmad→
director · ~57y · appointed 2012-04-12 · resigned 2013-01-25
Resigned
PAYANDEH, Javid→
director · ~46y · appointed 2012-04-12 · resigned 2023-10-16
Resigned
ZULFIQAR, Alamgir→
director · ~49y · appointed 2018-05-22 · resigned 2018-07-10
Resigned
ZULFIQAR, Alamgir→
director · ~49y · appointed 2012-04-12 · resigned 2013-11-22
Resigned

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

Recent filings (53 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-16
termination-director-company-with-name-termination-date
officers · TM01
2023-10-16
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-17
appoint-person-director-company-with-name-date
officers · AP01
2022-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-30