1ST CHOICE CARS AND VANS LIMITED

💤Zombieactive
07176234 · ltd · incorporated 2010-03-03
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£9.9k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 66). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 10.2y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 10.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £9,911
Net assets shrinking
Down £15,265 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
£22k
Net Worth
£10k
↓ 61% YoY
Current Assets
£572k
↑ 27% YoY
Current Liabilities
£0£114k£229k£343k£458k£572kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£9.9k£33.9k
Current assets£572.3k£452.1k
Cash£21.5k
Debtors£12.6k
Net assets£9.9k£25.2k

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2022-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-08-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2019-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-11-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2016-12-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-11-16
    ELLIOTT, Anthony Ronald appointed
    director
  14. 2016-11-16
    ELLIOTT, Tracy resigned
    director
  15. 2016-11-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2016-11-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2016-09-23
    ELLIOTT, Dane Anthony resigned
    director
  18. 2016-09-23
    ELLIOTT, Tracy appointed
    director
  19. 2016-09-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2016-05-21
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  21. 2013-06-27
    ELLIOTT, Tracy resigned
    director
  22. 2010-03-03
    🏢
    Company incorporated
    As 1ST CHOICE CARS AND VANS LIMITED
  23. 2010-03-03
    ELLIOTT, Dane Anthony appointed
    director
  24. 2010-03-03
    ELLIOTT, Tracy appointed
    director

Owner dependency

90/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 16 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Tracy Elliott
Individual · British · DOB 12/1960 · age 66
2550%
25–50%25-50% shares · 25-50% voting30/06/2016
Mr Dane Anthony Elliott
Individual · British · DOB 11/1986 · age 40
2550%
25–50%25-50% shares · 25-50% voting30/06/2016

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2010-03-03
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

131-133 Roman Road
Mountnessing
Brentwood
Essex
CM15 0UD
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-17
Last: 2026-03-03

Officers (1 active · 3 resigned)

ELLIOTT, Anthony Ronald
director · ~66y · appointed 2016-11-16
View their other companies + combined net worth →
Active
ELLIOTT, Dane Anthony
director · ~40y · appointed 2010-03-03 · resigned 2016-09-23
Resigned
ELLIOTT, Tracy
director · ~66y · appointed 2016-09-23 · resigned 2016-11-16
Resigned
ELLIOTT, Tracy
director · ~66y · appointed 2010-03-03 · resigned 2013-06-27
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge21/05/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (43 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-04