AUTO SALES GROUP LTD

💤Zombieactive
10294512 · ltd · incorporated 2016-07-25
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 Jul 2025
Net worth
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45320Retail trade of motor vehicle parts and accessories
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 67/100 (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 (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Average employees00

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
1
filing
  • 1 confirmation-statement
Last 180 days
4
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-04-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-03-09
    AHMED, Bilal resigned
    secretary
  3. 2026-03-09
    AHMED, Bilal Basharat resigned
    director
  4. 2026-03-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2026-03-09
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2025-04-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2025-03-19
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  8. 2024-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-06-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-03-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2022-01-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2022-01-01
    AHMED, Bilal Basharat appointed
    director
  13. 2020-08-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2019-08-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2019-04-02
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  16. 2019-03-01
    AHMED, Bilal appointed
    secretary
  17. 2018-10-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2017-09-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2016-08-25
    AHMED, Bilal Basharat resigned
    director
  20. 2016-07-25
    🏢
    Company incorporated
    As AUTO SALES GROUP LTD
  21. 2016-07-25
    WAHID, Sajid appointed
    director
  22. 2016-07-25
    AHMED, Bilal Basharat 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

2 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: AHMED, Bilal resigned 2026-03-09; AHMED, Bilal Basharat resigned 2026-03-09

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-03-19: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Sajid Wahid
Individual · British · DOB 06/1973 · age 53
2550%
25-50% shares25/07/2016

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

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2016-07-25
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

3 Sunshine Mills
Wortley Road
Leeds
LS12 3HT
United Kingdom

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-04-02
Last: 2026-03-19

Officers (1 active · 3 resigned)

WAHID, Sajid
director · ~53y · appointed 2016-07-25
View their other companies + combined net worth →
Active
AHMED, Bilal
secretary · appointed 2019-03-01 · resigned 2026-03-09
Resigned
AHMED, Bilal Basharat
director · ~45y · appointed 2022-01-01 · resigned 2026-03-09
Resigned
AHMED, Bilal Basharat
director · ~53y · appointed 2016-07-25 · resigned 2016-08-25
Resigned

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

Recent filings (27 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-03
termination-director-company-with-name-termination-date
officers · TM01
2026-03-09
termination-secretary-company-with-name-termination-date
officers · TM02
2026-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-23
certificate-change-of-name-company
change-of-name · CERTNM
2025-03-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-11
appoint-person-director-company-with-name-date
officers · AP01
2022-03-12
accounts-with-accounts-type-dormant
accounts · AA
2022-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-30