NEED 4 WHEELS LTD
Opportunity 70/100 (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 (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 3 persons-with-significant-control
- • 2 officers
- • 1 change-of-name
- • 3 persons-with-significant-control
- • 2 confirmation-statement
- • 2 officers
Corporate timeline (19 events)Click to expand
- 2026-05-26✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2026-05-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-05-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-05-24➕OWUSU, Benjamin appointeddirector
- 2026-05-24➖SLAVEN, Christopher resigneddirector
- 2026-05-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-05-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-05-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-05-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-04-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-04-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-05-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-05-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-03-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-04-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-04-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-07-07🏢Company incorporatedAs NEED 4 WHEELS LTD
- 2017-07-07➕SLAVEN, Christopher appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2026-05-26: certificate-change-of-name-company
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Benjamin Owusu Individual · British · DOB 01/1995 · age 31 | 25–50% | — | 25-50% shares | 24/05/2026 |
Mr Omar Ofori Owusu Individual · British · DOB 06/1992 · age 34 | 25–50% | — | 25-50% shares | 24/05/2026 |
1 historic (ceased) PSC
- Mr Christopher Slavenceased 24/05/2026· significant influence
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
Active · Automotive · B postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A&H MOTORS LIMITED→ 15778069 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AAARC LIMITED→ 07172531 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| AC3 MOTORS LIMITED→ 16607211 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACCELERATE MECHANICAL SERVICES LTD→ 12596721 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACE MOTOR GROUP LTD→ 12776566 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACRE MOT & SERVICING LTD→ 11717451 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADI CAR SALES LTD→ 12267269 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADILAUTOS LTD→ 16460103 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADRIAN AUTOMOTIVE LIMITED→ 10132915 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ADVANCE AUTOS (UK) LTD→ 09096187 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ADVANCE MOTOR SERVICE AND TRADING LTD→ 14565490 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ADVANCE VEHICLE SECURITY LTD→ 14040060 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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 →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 (1 active · 1 resigned)
Click a director name to see their full track record across all companies.