ACLE A'S CLASSIC VW CAMPERVAN HIRE LTD

🚨Distressedactive
12698145 · ltd · incorporated 2020-06-25
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
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Turnover
year to Jun 2024
Net worth
£-28.4k
book net assets
Opportunity
67/100
Strong
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What this business does
Primary activity: Renting and leasing of cars and light motor vehicles
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. 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
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
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £28,441

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£28k
↓ 19% YoY
Current Assets
£0
Current Liabilities
-£28k-£23k-£17k-£11k-£6k£0Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Total assets£5.2k£6.7k
Current assets£0£0
Net assets£-28.4k£-23.8k

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

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 (8 events)Click to expand
  1. 2025-06-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-05-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2020-06-25
    🏢
    Company incorporated
    As ACLE A'S CLASSIC VW CAMPERVAN HIRE LTD
  6. 2020-06-25
    HILLER, Thomas Matthew, Dr appointed
    director
  7. 2020-06-25
    NEAVE, Jason Andrew appointed
    director
  8. 2020-06-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
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.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Dr Thomas Matthew Hiller
Individual · British · DOB 07/1966 · age 60
2550%
25–50%25-50% shares · 25-50% voting25/06/2020
Mr Jason Andrew Neave
Individual · British · DOB 05/1980 · age 46
2550%
25–50%25-50% shares · 25-50% voting25/06/2020

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

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

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Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated2020-06-25
Jurisdictionengland-wales
Primary SIC77110 — Renting and leasing of cars and light motor vehicles

Registered office

Unit 8 Damgate Lane Industrial Estate Damgate Lane
Acle
Norwich
Norfolk
NR13 3DJ
England

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-07-08
Last: 2025-06-24

Officers (2 active · 0 resigned)

HILLER, Thomas Matthew, Dr
director · ~60y · appointed 2020-06-25
View their other companies + combined net worth →
Active
NEAVE, Jason Andrew
director · ~46y · appointed 2020-06-25
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-09
incorporation-company
incorporation · NEWINC
2020-06-25