BER STREET USED CARS LIMITED

💤Zombieactive
10165058 · ltd · incorporated 2016-05-05
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
not disclosed
Net worth
book net assets
Opportunity
54/100
Worth a look
🔔
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), bankability 45/100. 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: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

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 (11 events)Click to expand
  1. 2021-08-20
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2019-01-15
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  3. 2019-01-15
    🏁
    Company dissolved
  4. 2018-06-29
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  5. 2018-04-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2018-02-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2016-11-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2016-09-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2016-05-05
    🏢
    Company incorporated
    As BER STREET USED CARS LIMITED
  10. 2016-05-05
    SNELLING, James Terry appointed
    director
  11. 2016-05-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

2 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: 2018-02-05

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2018-05-18

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr James Terry Snelling
Individual · British · DOB 11/1981 · age 45
5075%
50-75% shares06/04/2017

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 →
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Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated2016-05-05
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

147-153 Ber Street
Norwich
Norfolk
NR1 3EY
United Kingdom

Filing status

Accounts
Next due: 2018-02-05OVERDUE
Last made up to:
Confirmation statement
Next due: 2018-05-18OVERDUE
Last: 2017-05-04

Officers (1 active · 0 resigned)

SNELLING, James Terry
director · ~45y · appointed 2016-05-05
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

restoration-order-of-court
restoration · AC92
2021-08-20
gazette-dissolved-compulsory
gazette · GAZ2
2019-01-15
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2018-06-29
gazette-notice-compulsory
gazette · GAZ1
2018-04-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-02-26
confirmation-statement-with-updates
confirmation-statement · CS01
2017-05-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-11-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-09-27
incorporation-company
incorporation · NEWINC
2016-05-05