CENTRAL CAB HIRE LIMITED

🚨Distressedactive
09197932 · ltd · incorporated 2014-09-01
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
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Turnover
year to Aug 2024
Net worth
£-26.0k
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

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
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £25,978
Very low cash
Cash position: £2
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2
~ YoY
Net Worth
-£26k
↓ 29% YoY
Current Assets
Current Liabilities
-£26k-£21k-£16k-£10k-£5k£2Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£-26.0k£-20.2k
Cash£2£2
Net assets£-26.0k£-20.2k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-05-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2022-10-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2022-04-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-03-15
    ASHMAN, Lee appointed
    director
  8. 2022-03-15
    ASHMAN, Alan Lee resigned
    director
  9. 2022-03-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-03-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2021-05-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2020-05-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-05-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2019-05-03
    ASHMAN, Alan Lee appointed
    director
  15. 2019-05-03
    DAY, Christiane resigned
    director
  16. 2019-05-03
    DAY, Natalie resigned
    director
  17. 2019-05-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2019-05-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2019-05-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2019-05-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2019-05-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2014-09-01
    🏢
    Company incorporated
    As CENTRAL CAB HIRE LIMITED
  23. 2014-09-01
    DAY, Christiane appointed
    director
  24. 2014-09-01
    DAY, Natalie 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

45/100
Moderate signal

Some 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

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-05-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Lee Ashman
Individual · English · DOB 09/1984 · age 42
75100%
75-100% shares26/10/2022
2 historic (ceased) PSCs
  • Mr Alan Lee Ashmanceased 26/10/2022· 75-100% shares
  • Mrs Christiane Dayceased 03/05/2019· 25-50% shares

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

9 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
Incorporated2014-09-01
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

2a Nicola Close
South Croydon
Surrey
CR2 6NB

Filing status

Accounts
Next due: 2026-05-31OVERDUE
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-11-09
Last: 2025-10-26

Officers (1 active · 3 resigned)

ASHMAN, Lee
director · ~42y · appointed 2022-03-15
View their other companies + combined net worth →
Active
ASHMAN, Alan Lee
director · ~65y · appointed 2019-05-03 · resigned 2022-03-15
Resigned
DAY, Christiane
director · ~78y · appointed 2014-09-01 · resigned 2019-05-03
Resigned
DAY, Natalie
director · ~53y · appointed 2014-09-01 · resigned 2019-05-03
Resigned

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

Recent filings (33 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-25
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-10-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-10-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-02
accounts-with-accounts-type-dormant
accounts · AA
2022-04-27
termination-director-company-with-name-termination-date
officers · TM01
2022-03-15
appoint-person-director-company-with-name-date
officers · AP01
2022-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-02
accounts-with-accounts-type-dormant
accounts · AA
2021-05-12