365 ENGINES LTD

💤Zombieactive
08269390 · ltd · incorporated 2012-10-26
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
£154.4k
book net assets
Opportunity
74/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Retail trade of motor vehicle parts and accessories
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

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: Cash flow review and working-capital discipline. Cash down -35% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

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
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
35 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 · accounting standard not declared
Positive net assets
Net assets £154,448
Net assets shrinking
Down £12,859 YoY
Cash YoY
-35%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£63k
↓ 35% YoY
Net Worth
£154k
↓ 7.7% YoY
Current Assets
£125k
↓ 16% YoY
Current Liabilities
£0£33k£67k£100k£134k£167kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£174.0k£198.6k
Current assets£125.0k£148.1k
Cash£62.9k£96.6k
Debtors£48.2k£40.4k
Net assets£154.4k£167.3k

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
2
filings
  • 1 persons-with-significant-control
  • 1 officers
Last 90 days
2
filings
  • 1 persons-with-significant-control
  • 1 officers
Last 180 days
3
filings
  • 2 officers
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-03-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-03-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-11-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-07-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-07-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-08-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2021-08-23
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2021-08-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2021-07-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-07-02
    LEIGHTON, Christopher resigned
    secretary
  13. 2021-07-02
    LEIGHTON, Christopher resigned
    director
  14. 2020-03-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-07-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2012-10-26
    🏢
    Company incorporated
    As 365 ENGINES LTD
  19. 2012-10-26
    WALSH, Michael Mattalbot appointed
    director
  20. 2012-10-26
    LEIGHTON, Christopher appointed
    secretary
  21. 2012-10-26
    LEIGHTON, Christopher 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

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
NameSharesVoting rightsNature of controlNotified
Mr Michael Mattalbot Walsh
Individual · British · DOB 10/1978 · age 48
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Christopher Leightonceased 02/07/2021· 25-50% shares · 25-50% voting · board control

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 →

Similar companies

Active · Automotive · L postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
02228038 LIMITED
02228038 · est 1988 · no financials extracted
38y
16609625 LTD
16609625 · est 2025 · no financials extracted
1ST CARSHOP 2000 LTD
17105001 · est 2026 · no financials extracted
28 STATE CARS LIMITED
11277566 · est 2018 · no financials extracted
8y
555 GARAGE SERVICES LIMITED
16323691 · est 2025 · no financials extracted
1y
A & K MOTOR CLINIC LIMITED
07105782 · est 2009 · no financials extracted
16y
A 2 Z CAR SALES LIVERPOOL LTD
13311028 · est 2021 · no financials extracted
5y
A A TRANSPORTER LIMITED
13151569 · est 2021 · no financials extracted
5y
A1 CAR AND COMMERCIAL VEHICLE SERVICES LIMITED
07685910 · est 2011 · no financials extracted
14y
A1 SERVICE AND REPAIRS LTD
12425091 · est 2020 · no financials extracted
6y
A1 SUPERCARS LIMITED
09245850 · est 2014 · no financials extracted
11y
A1 WINDSCREENS (NW) LIMITED
06521020 · est 2008 · no financials extracted
18y
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
Incorporated2012-10-26
Jurisdictionengland-wales
Primary SIC45320 — Retail trade of motor vehicle parts and accessories

Registered office

Suite 5 Martland Mill
Mart Lane
Ormskirk
Lancashire
L40 0SD

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30

Officers (1 active · 2 resigned)

WALSH, Michael Mattalbot
director · ~48y · appointed 2012-10-26
View their other companies + combined net worth →
Active
LEIGHTON, Christopher
secretary · appointed 2012-10-26 · resigned 2021-07-02
Resigned
LEIGHTON, Christopher
director · ~47y · appointed 2012-10-26 · resigned 2021-07-02
Resigned

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

Recent filings (35 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-31
change-person-director-company-with-change-date
officers · CH01
2026-03-31
change-person-director-company-with-change-date
officers · CH01
2025-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-08-23
termination-secretary-company-with-name-termination-date
officers · TM02
2021-08-23
termination-director-company-with-name-termination-date
officers · TM01
2021-08-23