CARS OF LUSSO LTD

💤Zombieactive
12922557 · ltd · incorporated 2020-10-02
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
£-235.8k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -69% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (81/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
16 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 · accounting standard not declared
Negative net assets
Liabilities exceed assets by £235,809
Cash draining
Cash down 69% YoY
Cash YoY
-69%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3k
↓ 69% YoY
Net Worth
-£236k
↓ 45% YoY
Current Assets
Current Liabilities
-£236k-£186k-£137k-£88k-£38k£11kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Cash£3.5k£11.1k
Net assets£-235.8k£-162.8k

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

🔒Filing-note intelligence

3 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
1
filing
  • 1 officers
Last 90 days
3
filings
  • 3 officers
Last 180 days
3
filings
  • 3 officers
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-04-27
    DORRILL, Mark appointed
    secretary
  2. 2026-04-27
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  3. 2026-04-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-04-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2026-04-22
    WELLS, Ann Mary appointed
    director
  6. 2026-04-15
    WELLS, Stephen Christopher resigned
    director
  7. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-11-29
    DORRILL, Mark resigned
    secretary
  11. 2022-11-29
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2022-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-10-08
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  14. 2020-10-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  15. 2020-10-02
    🏢
    Company incorporated
    As CARS OF LUSSO LTD
  16. 2020-10-02
    DORRILL, Mark appointed
    secretary
  17. 2020-10-02
    WELLS, Stephen Christopher appointed
    director
  18. 2020-10-02
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Rtb Private Equity Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Rtb Private Equity Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
CARS OF LUSSO LTD
This company · 12922557

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
Rtb Private Equity Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control02/10/2020

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

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
Incorporated2020-10-02
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

The New Works
Roughmoor Industrial Estate
Williton
TA4 4RF
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-15
Last: 2025-10-01

Officers (2 active · 2 resigned)

DORRILL, Mark
secretary · appointed 2026-04-27
View their other companies + combined net worth →
Active
WELLS, Ann Mary
director · ~40y · appointed 2026-04-22
View their other companies + combined net worth →
Active
DORRILL, Mark
secretary · appointed 2020-10-02 · resigned 2022-11-29
Resigned
WELLS, Stephen Christopher
director · ~59y · appointed 2020-10-02 · resigned 2026-04-15
Resigned

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

Recent filings (16 total)

appoint-person-secretary-company-with-name-date
officers · AP03
2026-04-27
termination-director-company-with-name-termination-date
officers · TM01
2026-04-23
appoint-person-director-company-with-name-date
officers · AP01
2026-04-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-03
termination-secretary-company-with-name-termination-date
officers · TM02
2022-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-12
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-12
change-account-reference-date-company-current-extended
accounts · AA01
2020-10-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2020-10-08