ADVANCE CAR SPECIALISTS LTD

🏛️Establishedactive
11083116 · ltd · incorporated 2017-11-27
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
year to Nov 2024
Net worth
£817.6k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £817,561

Key financials

1 year extracted from filed iXBRL accounts
Cash
£464k
Net Worth
£818k
Current Assets
£1.2m
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-30
Total assets£953.6k
Current assets£1.20M
Cash£464.4k
Debtors£740.0k
Net assets£817.6k

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

🔒Filing-note intelligence

2 signals 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
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-02-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-01-25
    MEGHJI, Nilesh resigned
    director
  3. 2025-11-12
    📄
    accounts-amended-with-made-up-date
    accounts · AAMD
  4. 2025-08-29
    📄
    accounts-amended-with-made-up-date
    accounts · AAMD
  5. 2025-05-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2025-03-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2025-03-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2025-03-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-03-12
    📄
    capital-allotment-shares
    capital · SH01
  10. 2025-03-12
    📄
    capital-allotment-shares
    capital · SH01
  11. 2025-03-11
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2024-11-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2024-11-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2024-11-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2024-11-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2024-11-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2024-11-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2024-11-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2024-11-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2024-01-19
    MEGHJI, Darshna Rajesh appointed
    director
  21. 2023-08-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  22. 2023-01-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  23. 2023-01-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2022-10-01
    MEGHJI, Minal Nilesh appointed
    director
  25. 2017-11-27
    🏢
    Company incorporated
    As ADVANCE CAR SPECIALISTS LTD
  26. 2017-11-27
    MEGHJI, Nilesh appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Nilesh Meghji
Individual · British · DOB 05/1991 · age 35
2550%
75–100%board control75-100% shares · 75-100% voting · board control27/11/2017

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2017-11-27
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200

Registered office

Unit C Braintree Road Industrial Estate
Braintree Road
Ruislip
HA4 0EJ
United Kingdom

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-01-03
Last: 2025-12-20

Officers (2 active · 1 resigned)

MEGHJI, Darshna Rajesh
director · ~39y · appointed 2024-01-19
View their other companies + combined net worth →
Active
MEGHJI, Minal Nilesh
director · ~36y · appointed 2022-10-01
View their other companies + combined net worth →
Active
MEGHJI, Nilesh
director · ~35y · appointed 2017-11-27 · resigned 2026-01-25
Resigned

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

Recent filings (43 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-24
termination-director-company-with-name-termination-date
officers · TM01
2026-02-23
accounts-amended-with-made-up-date
accounts · AAMD
2025-11-12
accounts-amended-with-made-up-date
accounts · AAMD
2025-08-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-05-29
gazette-filings-brought-up-to-date
gazette · DISS40
2025-03-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-13
appoint-person-director-company-with-name-date
officers · AP01
2025-03-12
capital-allotment-shares
capital · SH01
2025-03-12
capital-allotment-shares
capital · SH01
2025-03-12
gazette-notice-compulsory
gazette · GAZ1
2025-03-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-21
change-person-director-company-with-change-date
officers · CH01
2024-11-21