43 CABS LTD

💤Zombieactive
14014754 · ltd · incorporated 2022-03-31
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
not disclosed
Net worth
book net assets
Opportunity
52/100
Worth a look
🔔
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What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 52/100 (worth a look), bankability 40/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (58/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 4 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
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-06-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-06-25
    AHMED, Tauseef resigned
    director
  3. 2025-02-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-02-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-02-10
    📄
    administrative-restoration-company
    restoration · RT01
  6. 2024-12-10
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  7. 2024-10-15
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  8. 2024-09-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2024-04-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2024-04-16
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  11. 2024-03-12
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2024-02-28
    AHMED, Tauseef appointed
    director
  13. 2024-02-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2024-01-15
    RASHID, Faisle resigned
    director
  15. 2024-01-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2024-01-12
    AHMED, Atique appointed
    director
  17. 2024-01-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2022-06-15
    AHMED, Atique resigned
    director
  19. 2022-06-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  20. 2022-06-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2022-06-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2022-06-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2022-05-15
    RASHID, Faisle appointed
    director
  24. 2022-03-31
    🏢
    Company incorporated
    As 43 CABS LTD
  25. 2022-03-31
    AHMED, Atique appointed
    director
  26. 2022-03-31
    📄
    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

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-13

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Faisle Rashid
Individual · British · DOB 07/1995 · age 31
75100%
75-100% shares15/05/2022
1 historic (ceased) PSC
  • Mr Atique Ahmedceased 15/05/2022· 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

11 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
Incorporated2022-03-31
Jurisdictionengland-wales
Primary SIC49320 — SIC 49320

Registered office

1 Robinsons Walk
(Wilkos Car Park)
Burton Upon Trent
DE14 1DT
United Kingdom

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-04-13OVERDUE
Last: 2025-03-30

Officers (1 active · 3 resigned)

AHMED, Atique
director · ~28y · appointed 2024-01-12
View their other companies + combined net worth →
Active
AHMED, Atique
director · ~28y · appointed 2022-03-31 · resigned 2022-06-15
Resigned
AHMED, Tauseef
director · ~39y · appointed 2024-02-28 · resigned 2025-06-25
Resigned
RASHID, Faisle
director · ~31y · appointed 2022-05-15 · resigned 2024-01-15
Resigned

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

Recent filings (21 total)

termination-director-company-with-name-termination-date
officers · TM01
2025-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-10
administrative-restoration-company
restoration · RT01
2025-02-10
gazette-dissolved-compulsory
gazette · GAZ2
2024-12-10
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-10-15
gazette-notice-compulsory
gazette · GAZ1
2024-09-10
gazette-filings-brought-up-to-date
gazette · DISS40
2024-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-25
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-04-16
gazette-notice-compulsory
gazette · GAZ1
2024-03-12
appoint-person-director-company-with-name-date
officers · AP01
2024-02-28
termination-director-company-with-name-termination-date
officers · TM01
2024-01-15
appoint-person-director-company-with-name-date
officers · AP01
2024-01-12