CARREX FLEXIBLE STORAGE LIMITED

🏛️Establishedactive
11504378 · ltd · incorporated 2018-08-07
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
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), bankability 70/100. 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 (65/100).

🏦

Refinance opportunity

4 live charges · oldest 0.6y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 0.6 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
23 connected companies via shared directors
90
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31

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

Recent activity

Last 30 days
2
filings
  • 2 persons-with-significant-control
Last 90 days
4
filings
  • 2 persons-with-significant-control
  • 2 mortgage
Last 180 days
4
filings
  • 2 persons-with-significant-control
  • 2 mortgage
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-05-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2026-05-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-05-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2026-05-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2026-05-06
    🔒
    Charge registered #4
    Lender: Lloyds Bank PLC
  6. 2026-05-06
    🔒
    Charge registered #3
    Lender: Lloyds Bank PLC
  7. 2025-11-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2025-11-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-11-03
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  10. 2025-11-03
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  11. 2025-10-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2025-09-11
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2025-09-11
    📄
    memorandum-articles
    incorporation · MA
  14. 2025-09-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2025-09-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2025-08-15
    WRIGHT, Benedict William John Thorpe appointed
    director
  17. 2025-06-06
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  18. 2024-11-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2023-11-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2023-09-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2022-10-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2021-11-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  23. 2021-04-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2020-11-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  25. 2018-08-07
    🏢
    Company incorporated
    As CARREX FLEXIBLE STORAGE LIMITED
  26. 2018-08-07
    TROUP, Andrew Richard Gordon appointed
    director
  27. 2018-08-07
    VERNON, Thomas Andrew appointed
    director

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.

Red flags

2 med ·
4 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-05-06: A registered charge; 2026-05-06: A registered charge; 2025-11-03: A registered charge

Name changed recently
medium

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

Evidence: 2025-06-06: certificate-change-of-name-company

Group structure

Statera Operating Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Statera Operating Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
CARREX FLEXIBLE STORAGE LIMITED
This company · 11504378

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Statera Operating Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/05/2026
1 historic (ceased) PSC
  • Statera Energy Limitedceased 06/05/2026· 75-100% shares

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

9 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
Incorporated2018-08-07
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110

Registered office

5th Floor 80 Victoria Street
London
SW1E 5JL
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-18
Last: 2025-08-04

Officers (3 active · 0 resigned)

TROUP, Andrew Richard Gordon
director · ~69y · appointed 2018-08-07
View their other companies + combined net worth →
Active
VERNON, Thomas Andrew
director · ~43y · appointed 2018-08-07
View their other companies + combined net worth →
Active
WRIGHT, Benedict William John Thorpe
director · ~54y · appointed 2025-08-15
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property06/05/2026
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property06/05/2026
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge2 properties03/11/2025
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property03/11/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (29 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-05-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-05-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-05
accounts-with-accounts-type-dormant
accounts · AA
2025-10-31
resolution
resolution · RESOLUTIONS
2025-09-11
memorandum-articles
incorporation · MA
2025-09-11
appoint-person-director-company-with-name-date
officers · AP01
2025-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-08
certificate-change-of-name-company
change-of-name · CERTNM
2025-06-06
accounts-with-accounts-type-dormant
accounts · AA
2024-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-15