AFFORDABLE CARS (DRIFFIELD) LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £122.7k | £83.9k |
| Current assets | £649.3k | £648.0k |
| Cash | £69.3k | £48.0k |
| Net assets | £96.8k | £52.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 4 officers
- • 1 persons-with-significant-control
Corporate timeline (29 events)Click to expand
- 2026-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-02📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-02📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-30➕HONESS, Justin Robert appointeddirector
- 2026-01-30➖BURTON, Luke resigneddirector
- 2026-01-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-12-01➕BURTON, Luke appointeddirector
- 2024-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-04-24📄change-person-director-company-with-change-dateofficers · CH01
- 2022-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-25📄capital-allotment-sharescapital · SH01
- 2022-08-25📄capital-allotment-sharescapital · SH01
- 2022-08-25📄capital-allotment-sharescapital · SH01
- 2022-08-24📄capital-allotment-sharescapital · SH01
- 2022-07-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-06-01➕MILLS, Hayley appointeddirector
- 2021-09-01➕STONES, Nicholas David appointeddirector
- 2015-11-26🏢Company incorporatedAs AFFORDABLE CARS (DRIFFIELD) LIMITED
- 2015-11-26➕TATE, Heather Jane appointeddirector
- 2015-11-26➕TATE, Kevin Ian appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nicholas David Stones Individual · British · DOB 03/1987 · age 39 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
2 historic (ceased) PSCs
- Mrs Heather Jane Tateceased 27/07/2022· 25-50% shares · 25-50% voting · board control · firm interest
- Mr. Kevin Ian Tateceased 28/10/2021· 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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| ADDAUTO LIMITED→ 15291375 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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| AUTOTHENTIC LTD→ 13396097 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
6 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 →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
Registered office
Filing status
Officers (5 active · 1 resigned)
Click a director name to see their full track record across all companies.