LOCAR LIMITED
🏛️Establishedactive
12261935 · ltd · incorporated 2019-10-15
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 Oct 2025
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 77110Renting and leasing of cars and light motor vehicles
Investor take
PursueStrong opportunity: active trading company 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: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
25 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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-10-31 | 2024-10-31 |
|---|
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-08-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-08-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-08-01📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-01📄change-person-director-company-with-change-dateofficers · CH01
- 2025-03-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-02-07📄change-person-director-company-with-change-dateofficers · CH01
- 2022-05-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-07-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-04-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-04-24➕WHEELER, Chloe Melissa appointeddirector
- 2021-04-22📄resolutionresolution · RESOLUTIONS
- 2019-10-15🏢Company incorporatedAs LOCAR LIMITED
- 2019-10-15➕WHEELER, Adam James appointeddirector
- 2019-10-15📄incorporation-companyincorporation · NEWINC
Owner dependency
71/100
High — earn-out structure requiredMaterial 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.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Chloe Wheeler Individual · British · DOB 08/1994 · age 32 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 15/10/2019 |
Mr Adam James Wheeler Individual · British · DOB 04/1991 · age 35 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 15/10/2019 |
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 →Similar companies
Active · Automotive · EN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 121 DETAILING LTD→ 14700649 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| A TECHS SERVICES LTD→ 16978171 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A1 CAR AND COMMERCIALS LTD→ 10718122 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ABBEY SERVICE STATION LIMITED→ 00990816 · est 1970 · no financials extracted | — | — | — | — | 55y | — | — |
| AKAY MOTORS LIMITED→ 10532947 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AMARIO AUTOS LTD→ 15303098 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AMC COACHWORKS LTD→ 08964132 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| AMWELL STREET GARAGE LIMITED→ 06964863 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| APEXSTUDIOUK LTD→ 16941506 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ARC VEHICLE SALES LTD→ 12986291 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARKLEY AUTOMOTIVE LTD→ 14384004 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ARMANI BODYWORK LTD→ 14334235 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2019-10-15
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112
Registered office
62 The Enterprise Centre
Cranborne Road
Potters Bar
Hertfordshire
EN6 3DQ
England
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2027-04-23
Last: 2026-04-09
Officers (2 active · 0 resigned)
WHEELER, Adam James→
Activedirector · ~35y · appointed 2019-10-15
View their other companies + combined net worth →
WHEELER, Chloe Melissa→
Activedirector · ~32y · appointed 2021-04-24
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (25 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-20
change-person-director-company-with-change-date
officers · CH01
2025-08-01
change-person-director-company-with-change-date
officers · CH01
2025-08-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-02-07
change-person-director-company-with-change-date
officers · CH01
2023-02-07