RIDEESHIFT LTD

💤Zombieactive
11075328 · ltd · incorporated 2017-11-21
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 Nov 2025
Net worth
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: SIC 45190
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (69/100)

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

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
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
59
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£0Nov 2024Nov 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-11-302024-11-30

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 change-of-name
Last 90 days
1
filing
  • 1 change-of-name
Last 180 days
1
filing
  • 1 change-of-name
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-07-07
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2026-01-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2025-01-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-04-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-08-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-02-21
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2023-02-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-03-12
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  9. 2022-03-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-03-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2022-03-06
    ZULFIQAR, Salman appointed
    director
  12. 2022-03-06
    WHYLIE, Richard Scott resigned
    director
  13. 2022-02-08
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2021-08-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2021-01-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  16. 2021-01-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2021-01-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  18. 2020-05-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2020-05-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2020-05-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2020-04-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  22. 2017-11-28
    RAEES, Usman resigned
    director
  23. 2017-11-28
    WHYLIE, Richard Scott appointed
    director
  24. 2017-11-21
    🏢
    Company incorporated
    As RIDEESHIFT LTD
  25. 2017-11-21
    RAEES, Usman 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

1 high · 1 med ·
Confirmation statement overdue
high

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

Evidence: Next due: 2025-11-28

Name changed recently
medium

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

Evidence: 2026-07-07: certificate-change-of-name-company

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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8 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.

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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
Incorporated2017-11-21
Jurisdictionengland-wales
Primary SIC45190 — SIC 45190

Registered office

2a Sturton Grove
Halifax
HX2 9EE
England

Filing status

Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2025-11-28OVERDUE
Last: 2024-11-14

Officers (1 active · 2 resigned)

ZULFIQAR, Salman
director · ~38y · appointed 2022-03-06
View their other companies + combined net worth →
Active
RAEES, Usman
director · ~31y · appointed 2017-11-21 · resigned 2017-11-28
Resigned
WHYLIE, Richard Scott
director · ~40y · appointed 2017-11-28 · resigned 2022-03-06
Resigned

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

Recent filings (33 total)

certificate-change-of-name-company
change-of-name · CERTNM
2026-07-07
accounts-with-accounts-type-dormant
accounts · AA
2026-01-01
accounts-with-accounts-type-dormant
accounts · AA
2025-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-14
accounts-with-accounts-type-dormant
accounts · AA
2024-04-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-14
accounts-with-accounts-type-dormant
accounts · AA
2023-08-16
gazette-filings-brought-up-to-date
gazette · DISS40
2023-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-20
accounts-with-accounts-type-dormant
accounts · AA
2023-02-20
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2022-03-12
appoint-person-director-company-with-name-date
officers · AP01
2022-03-10
termination-director-company-with-name-termination-date
officers · TM01
2022-03-10
gazette-notice-compulsory
gazette · GAZ1
2022-02-08