CARTECH WELWYN LTD
💤Zombieactive
10033964 · ltd · incorporated 2016-03-01
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
£-96.0k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
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: distressed disposal / insolvency (65/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
3 connected companies via shared directors
54
Filing history
36 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 · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £96,034
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£96k
↓ 48% YoY
Current Assets
-£24k
↓ 138% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-69.8k | £-40.3k |
| Current assets | £-23.8k | £-10.0k |
| Net assets | £-96.0k | £-65.0k |
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 (25 events)Click to expand
- 2025-12-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-08➕WARD, Ian James appointeddirector
- 2024-04-08➖MATANOVA, Penka resigneddirector
- 2024-04-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-20➕MATANOVA, Penka appointeddirector
- 2022-10-20➖WARD, Ian James resigneddirector
- 2022-10-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-10-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-10-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-28📄change-person-director-company-with-change-dateofficers · CH01
- 2022-09-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-03-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-08-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-03-01🏢Company incorporatedAs CARTECH WELWYN LTD
- 2016-03-01➕WARD, Ian James 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 Ian James Ward Individual · British · DOB 04/1972 · age 54 | 75–100% | — | 75-100% shares | 08/04/2024 |
2 historic (ceased) PSCs
- Ms Penka Matanovaceased 08/04/2024· 75-100% shares · 75-100% voting
- Mr Ian James Wardceased 20/10/2022· 75-100% shares
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
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|---|---|---|---|---|---|---|---|
| ABN TRADE LTD→ 15542856 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALL VAN SALES LIMITED→ 15221474 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AML MOTORS LTD→ 15985611 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AR CAR SPECIALIST LIMITED→ 16572157 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARK AUTOS LIMITED→ 15363115 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AYLMER MOTORWORKS LIMITED→ 01813882 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
| B&A MANAGEMENT SERVICES LTD→ 13622493 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BCG AUTO LTD→ 10820572 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| CANNSTATT LTD→ 13105902 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CAR SAINTS LTD→ 16562651 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CARVISOR LTD→ 17099537 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CATO MOTORS LIMITED→ 16712728 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2016-03-01
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200
Registered office
15 Tewin Court
Welwyn Garden City
Herts
AL7 1AU
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-03
Last: 2025-10-20
Officers (1 active · 2 resigned)
WARD, Ian James→
Activedirector · ~54y · appointed 2024-04-08
View their other companies + combined net worth →
MATANOVA, Penka→
Resigneddirector · ~47y · appointed 2022-10-20 · resigned 2024-04-08
WARD, Ian James→
Resigneddirector · ~54y · appointed 2016-03-01 · resigned 2022-10-20
Click a director name to see their full track record across all companies.
Recent filings (36 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-08
termination-director-company-with-name-termination-date
officers · TM01
2024-04-08
appoint-person-director-company-with-name-date
officers · AP01
2024-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-10-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-10-20