CK USED CAR COMPANY LTD
Opportunity 71/100 (strong), 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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £25.2k | £17.2k |
| Current assets | £13.8k | £18.0k |
| Net assets | £25.2k | £17.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (26 events)Click to expand
- 2025-09-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-22📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2024-09-14📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-09-14📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-09-10➖ALAGAPPAN, Sindhuja resignedsecretary
- 2024-09-10➖MANICKAM, Sureshkumar resignedsecretary
- 2024-07-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-05➖ALAGAPPAN, Sindhuja resigneddirector
- 2024-04-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-24📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-04-23➕ALAGAPPAN, Sindhuja appointedsecretary
- 2023-12-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-11-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-05📄change-person-director-company-with-change-dateofficers · CH01
- 2022-09-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-09-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-01-10➕MANICKAM, Sureshkumar appointeddirector
- 2022-01-10➕MANICKAM, Sureshkumar appointedsecretary
- 2022-01-10📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-01-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-12-13🏢Company incorporatedAs CK USED CAR COMPANY LTD
- 2021-12-13➕ALAGAPPAN, Sindhuja appointeddirector
- 2021-12-13📄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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Sureshkumar Manickam Individual · British · DOB 06/1987 · age 39 | 75–100% | — | board control75-100% shares · board control · trust interest · firm interest | 24/04/2024 |
3 historic (ceased) PSCs
- Mrs Sindhuja Alagappanceased 22/04/2024· significant influence · trust interest · firm interest
- Mr Sureshkumar Manickamceased 24/11/2022· 75-100% shares
- Mrs Sindhuja Alagappanceased 04/05/2022· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · BS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CAR STAR LTD→ 15907570 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CARNATION UK DIRECT LIMITED→ 11553992 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CAT-UK SERVICES LIMITED→ 02002346 · est 1986 · no financials extracted | — | — | — | — | 40y | — | — |
| CATER ROAD CARS LTD→ 11939037 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| CC MOTOR COMPANY (UK) LIMITED→ 10178367 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CFS BRISTOL LIMITED→ 06155054 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| CHALKY AUTO CENTER LTD→ 16198584 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CHUKSTORIA GLOBAL LTD→ 16949538 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CHYKESTALLION LOGISTICS LTD→ 17031695 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CITYGATE MOTORS LTD→ 16470754 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CJSAN LIMITED→ 17026921 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CLARK & TAYLOR MOTORS LIMITED→ 01135215 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
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.
See pricing →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
Registered office
Filing status
Officers (1 active · 3 resigned)
Click a director name to see their full track record across all companies.