ACE RINGWAY CONTRACT HIRE LIMITED
💤Zombieactive
08580503 · ltd · incorporated 2013-06-21
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 Aug 2024
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
Investor take
PursueStrong opportunity: active trading company 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: 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 (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, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Average employees | 400 | 400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (23 events)Click to expand
- 2025-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-06-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-06-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-06-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-06-23➕NAKHUDA, Ayyub appointeddirector
- 2020-06-23➖DESAI, Hanif resigneddirector
- 2019-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-09-15➕DESAI, Hanif appointeddirector
- 2017-09-15➖NAKHUDA, Ayyub resigneddirector
- 2017-09-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-09-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-09-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-09-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2013-06-21🏢Company incorporatedAs ACE RINGWAY CONTRACT HIRE LIMITED
- 2013-06-21➕NAKHUDA, Ayyub appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ayyub Nakhuda Individual · British · DOB 07/1969 · age 57 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 23/06/2020 |
2 historic (ceased) PSCs
- Mr Hanif Desaiceased 23/06/2020· significant influence
- Mr Ayyub Nakhudaceased 15/09/2017· significant influence
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 · Transport & logistics · PR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 3 CEE FACILITIES LTD→ 16163387 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 336 TRANSPORT LIMITED→ 16768821 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 727 LIMITED→ 15404925 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| A & G METAL TREATMENTS LIMITED→ 11397967 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A1 BUSINESS SOLUTIONS LTD→ 14673119 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AA TAXIS PRESTON LTD→ 15953638 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AAO DELIVERIES LTD→ 15390253 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AC LIFTING LIMITED→ 16453349 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACE CAR HIRE 24/7 LTD→ 13732009 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACE CARS CHORLEY LIMITED→ 16909722 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADAM LOGISTICS LIMITED→ 05578246 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ADAR TRANS SERVICES LTD→ 12236609 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2013-06-21
Jurisdictionengland-wales
Primary SIC49320 — SIC 49320
Registered office
1 Guild Row
Preston
Lancashire
PR1 1DJ
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-07-05
Last: 2025-06-21
Officers (1 active · 2 resigned)
NAKHUDA, Ayyub→
Activedirector · ~57y · appointed 2020-06-23
View their other companies + combined net worth →
DESAI, Hanif→
Resigneddirector · ~73y · appointed 2017-09-15 · resigned 2020-06-23
NAKHUDA, Ayyub→
Resigneddirector · ~57y · appointed 2013-06-21 · resigned 2017-09-15
Click a director name to see their full track record across all companies.
Recent filings (35 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-22
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-06-24
appoint-person-director-company-with-name-date
officers · AP01
2020-06-24