ACCIDENT REPAIR CENTRE LEICESTER LTD
🚨Distressedactive
14201417 · ltd · incorporated 2022-06-28
Investment thesis
Distressed but structurally messy — likely a value trap without major surgery.
Why interesting: Headline may look cheap; sector may be recovering.
Why risky: Critical deal-killers in ownership or security; closing cost and post-deal clean-up likely to dominate.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2024
Net worth
£-55.9k
book net assets
Opportunity
58/100
Worth a look
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 58/100 (worth a look), bankability 50/100. 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: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.
Data confidence
Overall: medium (77/100)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
6 officers (1 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £55,924
Net assets shrinking
Down £59,436 YoY
Cash draining
Cash down 96% YoY
Cash YoY
-96%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1k
↓ 96% YoY
Net Worth
-£56k
↓ 1692% YoY
Current Assets
£88k
↑ 9.7% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Total assets | £-55.9k | £3.5k |
| Current assets | £87.7k | £80.0k |
| Cash | £1.4k | £31.3k |
| Debtors | £86.4k | £48.7k |
| Net assets | £-55.9k | £3.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2025-10-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-27📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-10-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-10-01➕WILLIAMS, Orville Jerome appointeddirector
- 2025-10-01➖KARIM, Imran resignedsecretary
- 2025-10-01➖KARIM, Imran resigneddirector
- 2025-07-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-12➖KARIM, Hanif Abdul resigneddirector
- 2023-06-12➕KARIM, Imran appointeddirector
- 2023-05-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-05-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-05-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-05-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-02-09📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-02-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-01-24📄change-person-director-company-with-change-dateofficers · CH01
- 2023-01-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-29➕KARIM, Adam appointeddirector
- 2022-11-29➖KARIM, Adam resigneddirector
- 2022-11-29📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-08-01➕KARIM, Imran appointedsecretary
- 2022-08-01➕KARIM, Hanif Abdul appointeddirector
- 2022-08-01➖KARIM, Imran resigneddirector
- 2022-06-28🏢Company incorporatedAs ACCIDENT REPAIR CENTRE LEICESTER LTD
- 2022-06-28➕KARIM, Imran appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
1 high · 1 med ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-03-31
2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: KARIM, Imran resigned 2025-10-01; KARIM, Imran resigned 2025-10-01
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Orville Jerome Williams Individual · British · DOB 03/1981 · age 45 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/10/2025 |
3 historic (ceased) PSCs
- Mr Hanif Abdul Karimceased 01/10/2025· 75-100% shares · 75-100% voting · board control
- Mr Adam Karimceased 13/02/2023· 25-50% shares · 25-50% voting · board control
- Mr Imran Karimceased 29/06/2022· 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.
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|---|---|---|---|---|---|---|---|
| 13 CARS LTD→ 16442312 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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| A & J AUTOS LTD→ 06318736 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
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| A1 POWDER COAT LTD→ 13375975 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A7 CARS LTD→ 15286353 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABABBEEL CARS LTD→ 10587288 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ABBASI AUTOMOBILE AND RECOVERY LTD→ 16763629 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABBEY MOTORCYCLES LIMITED→ 04714142 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ABULA GROUP OF COMPANIES LTD→ 16849736 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2022-06-28
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200
Registered office
109 Coleman Road
Leicester
LE5 4LE
England
Filing status
Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-11-06
Last: 2025-10-23
Officers (1 active · 5 resigned)
WILLIAMS, Orville Jerome→
Activedirector · ~45y · appointed 2025-10-01
View their other companies + combined net worth →
KARIM, Imran→
Resignedsecretary · appointed 2022-08-01 · resigned 2025-10-01
KARIM, Adam→
Resigneddirector · ~25y · appointed 2022-11-29 · resigned 2022-11-29
KARIM, Hanif Abdul→
Resigneddirector · ~73y · appointed 2022-08-01 · resigned 2023-06-12
KARIM, Imran→
Resigneddirector · ~47y · appointed 2023-06-12 · resigned 2025-10-01
KARIM, Imran→
Resigneddirector · ~47y · appointed 2022-06-28 · resigned 2022-08-01
Click a director name to see their full track record across all companies.
Recent filings (27 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-27
appoint-person-director-company-with-name-date
officers · AP01
2025-10-27
termination-director-company-with-name-termination-date
officers · TM01
2025-10-27
termination-secretary-company-with-name-termination-date
officers · TM02
2025-10-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-09
termination-director-company-with-name-termination-date
officers · TM01
2024-03-14
appoint-person-director-company-with-name-date
officers · AP01
2024-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-05-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-05-02