APPROVED AUTOMOTIVE SOLUTIONS LTD
🌿Early-stageactive
13845246 · ltd · incorporated 2022-01-12
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
PursueStrong opportunity: active trading company 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. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (80/100)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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
13 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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 | 2024-01-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
- 2025-10-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-12-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-12-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-12-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-10-01➕BANCROFT, Nicola appointeddirector
- 2024-10-01➕BANCROFT, Oliver Joseph appointeddirector
- 2024-10-01➖BANCROFT, Justin David resigneddirector
- 2023-10-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-01-12🏢Company incorporatedAs APPROVED AUTOMOTIVE SOLUTIONS LTD
- 2022-01-12➕BANCROFT, Justin David appointeddirector
- 2022-01-12📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Oliver Joseph Bancroft Individual · British · DOB 12/2003 · age 23 | — | 25–50% | 25-50% voting | 01/10/2024 |
1 historic (ceased) PSC
- Mr Justin David Bancroftceased 01/10/2024· 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.
🔒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 →Similar companies
Active · Transport & logistics · DY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A R TRANSPORT LOGISTICS LTD→ 16494279 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A SHAH LTD→ 17077436 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AKAAL COURIER SERVICES LIMITED→ 11603319 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AMTECH FREIGHT SERVICES LIMITED→ 12451112 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ANAS AJ LTD→ 16885771 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APEX TAXI LTD→ 16829106 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APG CARGO LIMITED→ 05081128 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| APOLLO AEROSPACE COMPONENTS LIMITED→ 02083500 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| APOLLO SECURE TRANSPORT LTD→ 14055137 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| APPROVED LOGISTICS LTD→ 17077986 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AQUADOVE LIMITED→ 05280462 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ARA.IA LOGISTICS LTD→ 15565770 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2022-01-12
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road
Registered office
Heame House 23 Bilston Street
Sedgley
Dudley
West Midlands
DY3 1JA
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-12-27
Last: 2025-12-13
Officers (2 active · 1 resigned)
BANCROFT, Nicola→
Activedirector · ~53y · appointed 2024-10-01
View their other companies + combined net worth →
BANCROFT, Oliver Joseph→
Activedirector · ~23y · appointed 2024-10-01
View their other companies + combined net worth →
BANCROFT, Justin David→
Resigneddirector · ~51y · appointed 2022-01-12 · resigned 2024-10-01
Click a director name to see their full track record across all companies.
Recent filings (13 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-09
accounts-with-accounts-type-dormant
accounts · AA
2025-10-23
appoint-person-director-company-with-name-date
officers · AP01
2024-12-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-13
termination-director-company-with-name-termination-date
officers · TM01
2024-12-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-12-13
appoint-person-director-company-with-name-date
officers · AP01
2024-12-13
accounts-with-accounts-type-dormant
accounts · AA
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-28
accounts-with-accounts-type-dormant
accounts · AA
2023-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-11
incorporation-company
incorporation · NEWINC
2022-01-12