ABBEY CARS (ROMSEY) LTD

💤Zombieactive
08244683 · ltd · incorporated 2012-10-09
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 Mar 2025
Net worth
£146.3k
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: SIC 49390
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (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: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 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
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £146,289

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£146k
Current Assets
£146k
Current Liabilities
£0£29k£59k£88k£117k£146kMar 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£151.7k
Current assets£146.3k
Net assets£146.3k
Average employees800

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-02-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-02-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-09-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-03-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-03-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2024-03-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-03-26
    WHEELER, Derek resigned
    director
  10. 2023-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-10-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2022-10-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2022-10-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2022-10-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2021-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-10-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2013-04-01
    WHEELER, Derek appointed
    director
  20. 2012-10-09
    🏢
    Company incorporated
    As ABBEY CARS (ROMSEY) LTD
  21. 2012-10-09
    ETHERIDGE, Neil 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

58/100
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.
  • secondary12+ year tenure: Director in role 14 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Neil Etheridge
Individual · British · DOB 03/1980 · age 46
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Derek Wheelerceased 26/03/2024· 50-75% shares · 50-75% voting

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

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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
Incorporated2012-10-09
Jurisdictionengland-wales
Primary SIC49390 — SIC 49390

Registered office

Top Floor Buckley House
31a The Hundred
Romsey
SO51 8GD
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-10
Last: 2026-03-27

Officers (1 active · 1 resigned)

ETHERIDGE, Neil
director · ~46y · appointed 2012-10-09
View their other companies + combined net worth →
Active
WHEELER, Derek
director · ~60y · appointed 2013-04-01 · resigned 2024-03-26
Resigned

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

Recent filings (44 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-27
termination-director-company-with-name-termination-date
officers · TM01
2024-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-23