COMMERCIAL HIRE LTD
- 45200SIC 45200
- 77110Renting and leasing of cars and light motor vehicles
- 77120Renting and leasing of trucks and other heavy vehicles
Opportunity 53/100 (worth a look), bankability 65/100. 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 (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £31.6k | £31.6k |
| Current assets | £37.3k | £37.3k |
| Net assets | £31.6k | £31.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 gazette
- • 1 gazette
- • 3 gazette
- • 2 officers
- • 2 persons-with-significant-control
Corporate timeline (17 events)Click to expand
- 2026-07-07📄gazette-dissolved-compulsorygazette · GAZ2
- 2026-07-07🏁Company dissolved
- 2026-04-21📄gazette-notice-compulsorygazette · GAZ1
- 2026-03-03📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-03-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-03-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-03-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-30📄gazette-notice-compulsorygazette · GAZ1
- 2025-02-03➕PETRUSKEVICIUS, Justinas appointeddirector
- 2025-02-03➖SIDA, Bharat Jivabhai resigneddirector
- 2024-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-29🏢Company incorporatedAs COMMERCIAL HIRE LTD
- 2021-10-29➕SIDA, Bharat Jivabhai appointeddirector
- 2021-10-29📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2026-07-07
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Justinas Petruskevicius Individual · Lithuanian · DOB 01/1999 · age 27 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 03/02/2025 |
1 historic (ceased) PSC
- Mr Bharat Jivabhai Sidaceased 03/02/2025· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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9 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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Registered office
Filing status
Officers (0 active · 1 resigned)
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