199 TANKS LIMITED

💤Zombieactive
13949741 · ltd · incorporated 2022-03-02
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 Apr 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 74). 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 (73/100).

Data confidence

Overall: high (82/100)

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red 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£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Average employees1100

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

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-11-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-10-27
    BARBER, Colin David resigned
    director
  4. 2025-10-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-10-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-10-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-10-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2025-10-09
    LEIBOWITZ, Alan Jay appointed
    director
  9. 2025-10-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2025-10-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2025-10-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2025-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2023-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2023-05-18
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  15. 2022-03-02
    🏢
    Company incorporated
    As 199 TANKS LIMITED
  16. 2022-03-02
    BARBER, Colin David appointed
    director
  17. 2022-03-02
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • 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 Alan Jay Leibowitz
Individual · British · DOB 08/1952 · age 74
75100%
75–100%board control75-100% shares · 75-100% voting · board control09/10/2025
1 historic (ceased) PSC
  • Mr Colin David Barberceased 09/10/2025· 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.

🔒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

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.

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
Incorporated2022-03-02
Jurisdictionengland-wales
Primary SIC77390 — Renting and leasing of other machinery, equipment and tangible goods n.e.c.

Registered office

Ibex House
Baker Street
Weybridge
Surrey
KT13 8AH
England

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-10-27
Last: 2025-10-13

Officers (1 active · 1 resigned)

LEIBOWITZ, Alan Jay
director · ~74y · appointed 2025-10-09
View their other companies + combined net worth →
Active
BARBER, Colin David
director · ~90y · appointed 2022-03-02 · resigned 2025-10-27
Resigned

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

Recent filings (17 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-30
termination-director-company-with-name-termination-date
officers · TM01
2025-11-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-13
change-person-director-company-with-change-date
officers · CH01
2025-10-13
change-person-director-company-with-change-date
officers · CH01
2025-10-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-09
appoint-person-director-company-with-name-date
officers · AP01
2025-10-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
change-account-reference-date-company-current-extended
accounts · AA01
2023-05-18