BEST STEER LTD

💤Zombieactive
11723799 · ltd · incorporated 2018-12-12
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 Dec 2024
Net worth
£-4.2k
book net assets
Opportunity
70/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Driving school activities
Sector: Education
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (78/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £4,206
Net assets shrinking
Down £5,041 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£4k
↓ 604% YoY
Current Assets
£185
↑ 219% YoY
Current Liabilities
-£4k-£3k-£2k-£1k-£173£835Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£-4.2k£835
Current assets£185£58
Net assets£-4.2k£835

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

🔒Filing-note intelligence

1 signal 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
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-09-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-08-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-08-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-06-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-06-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-03-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2024-04-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-09-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-06-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2022-05-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2022-05-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2022-05-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2022-05-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2021-10-11
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  18. 2021-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2021-01-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2018-12-12
    🏢
    Company incorporated
    As BEST STEER LTD
  21. 2018-12-12
    RAI, Ali appointed
    director

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ali Rai
Individual · British · DOB 02/1986 · age 40
75100%
75-100% shares12/12/2018

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Education & training · NP postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ABLE 2 TRAIN LIMITED
06012755 · est 2006 · no financials extracted
19y
AEROQUEST FLIGHT TRAINING LIMITED
15908364 · est 2024 · no financials extracted
1y
ALL THINGS SEN LTD
15717969 · est 2024 · no financials extracted
1y
ALUN FLYNN PSYCHOLOGY LIMITED
15589890 · est 2024 · no financials extracted
2y
AZIRA ACADEMY LTD
16085694 · est 2024 · no financials extracted
1y
BE MORE STRENGTH AND CONDITIONING LTD
16044469 · est 2024 · no financials extracted
1y
BED BUG FOUNDATION CIC
12231220 · est 2019 · no financials extracted
6y
BEN MARLOG TRAINING LTD
11870839 · est 2019 · no financials extracted
7y
BERRY THERAPY LIMITED
13875768 · est 2022 · no financials extracted
4y
BETA SCHOOL LIMITED
05903565 · est 2006 · no financials extracted
19y
BITWISE DEVELOPMENTS LTD
14580370 · est 2023 · no financials extracted
3y
BLACK KNIGHT EDUCATION,TRAINING AND MANAGEMENT LTD
16372223 · est 2025 · no financials extracted
1y
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 →
🔒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
Incorporated2018-12-12
Jurisdictionengland-wales
Primary SIC85530 — Driving school activities

Registered office

125 Somerton Road Somerton Road
Newport
NP19 4JZ
Wales

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-06
Last: 2025-07-23

Officers (1 active · 0 resigned)

RAI, Ali
director · ~40y · appointed 2018-12-12
View their other companies + combined net worth →
Active

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

Recent filings (29 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-27
change-person-director-company-with-change-date
officers · CH01
2025-08-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-06
change-person-director-company-with-change-date
officers · CH01
2025-06-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-29