CONVERTIBLE SALE AND HIRE LIMITED

⚰️Wound downdissolved
13137399 · ltd · incorporated 2021-01-15
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
book net assets
Opportunity
54/100
Worth a look
🔔
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What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45112SIC 45112
  • 45200SIC 45200
  • 77110Renting and leasing of cars and light motor vehicles
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (71/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 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
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
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£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-282024-01-31

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

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
2
filings
  • 2 gazette
Last 180 days
2
filings
  • 2 gazette
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2026-07-14
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2026-07-14
    🏁
    Company dissolved
  3. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-01-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-07-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-02-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2024-02-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2024-01-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2022-05-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2021-01-15
    🏢
    Company incorporated
    As CONVERTIBLE SALE AND HIRE LIMITED
  11. 2021-01-15
    KASEKE, Kudakwashe Gabriel appointed
    director
  12. 2021-01-15
    📄
    incorporation-company
    incorporation · NEWINC

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 6 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 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2026-07-14

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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

8 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.

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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.

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Company details

Statusdissolved
Typeltd
Incorporated2021-01-15
Jurisdictionengland-wales
Primary SIC45111 — Sale of new cars and light motor vehicles

Registered office

Sunny View East Charleton
South Hams
Kingsbridge
TQ7 2AR
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2025-01-28
Confirmation statement
Next due:
Last: 2025-01-14

Officers (0 active · 0 resigned)

KASEKE, Kudakwashe Gabriel
director · ~41y · appointed 2021-01-15
View their other companies + combined net worth →
Active

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

Recent filings (13 total)

gazette-dissolved-compulsory
gazette · GAZ2
2026-07-14
gazette-notice-compulsory
gazette · GAZ1
2026-04-28
accounts-with-accounts-type-dormant
accounts · AA
2025-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-28
accounts-with-accounts-type-dormant
accounts · AA
2024-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-01
gazette-filings-brought-up-to-date
gazette · DISS40
2024-02-24
accounts-with-accounts-type-dormant
accounts · AA
2024-02-23
gazette-notice-compulsory
gazette · GAZ1
2024-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-31
accounts-with-accounts-type-dormant
accounts · AA
2022-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-26
incorporation-company
incorporation · NEWINC
2021-01-15