CK USED CAR COMPANY LTD

💤Zombieactive
13796372 · ltd · incorporated 2021-12-13
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
£25.2k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

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.

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 (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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
Positive net assets
Net assets £25,234

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£25k
↑ 47% YoY
Current Assets
£14k
↓ 23% YoY
Current Liabilities
£0£5k£10k£15k£20k£25kDec 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
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

Last 30 days
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-09-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-11-22
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  4. 2024-09-14
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2024-09-14
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2024-09-10
    ALAGAPPAN, Sindhuja resigned
    secretary
  7. 2024-09-10
    MANICKAM, Sureshkumar resigned
    secretary
  8. 2024-07-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-07-05
    ALAGAPPAN, Sindhuja resigned
    director
  10. 2024-04-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2024-04-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2024-04-24
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  13. 2024-04-23
    ALAGAPPAN, Sindhuja appointed
    secretary
  14. 2023-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2022-11-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2022-11-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2022-09-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2022-09-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2022-09-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2022-01-10
    MANICKAM, Sureshkumar appointed
    director
  21. 2022-01-10
    MANICKAM, Sureshkumar appointed
    secretary
  22. 2022-01-10
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  23. 2022-01-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2021-12-13
    🏢
    Company incorporated
    As CK USED CAR COMPANY LTD
  25. 2021-12-13
    ALAGAPPAN, Sindhuja appointed
    director
  26. 2021-12-13
    📄
    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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Sureshkumar Manickam
Individual · British · DOB 06/1987 · age 39
75100%
board control75-100% shares · board control · trust interest · firm interest24/04/2024
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.

🔒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

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 →
🔒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
Incorporated2021-12-13
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

159 Wood Street
Bristol
Gloucestershire
BS34 5SW
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-07-06
Last: 2026-06-22

Officers (1 active · 3 resigned)

MANICKAM, Sureshkumar
director · ~39y · appointed 2022-01-10
View their other companies + combined net worth →
Active
ALAGAPPAN, Sindhuja
secretary · appointed 2024-04-23 · resigned 2024-09-10
Resigned
MANICKAM, Sureshkumar
secretary · appointed 2022-01-10 · resigned 2024-09-10
Resigned
ALAGAPPAN, Sindhuja
director · ~36y · appointed 2021-12-13 · resigned 2024-07-05
Resigned

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

Recent filings (24 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-07-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-25
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2024-11-22
termination-secretary-company-with-name-termination-date
officers · TM02
2024-09-14
termination-secretary-company-with-name-termination-date
officers · TM02
2024-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-06
termination-director-company-with-name-termination-date
officers · TM01
2024-07-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-24
appoint-person-secretary-company-with-name-date
officers · AP03
2024-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-03