ASK CARS GATWICK LTD

💤Zombieactive
14490975 · ltd · incorporated 2022-11-17
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
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Turnover
year to Oct 2024
Net worth
£251
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
Investor take
Special-situation opportunity
Distressed transport with salvageable qualities — special-situations priority.

Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. 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
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
Network not yet resolved
30
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £251
Net assets shrinking
Down £334 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£251
↓ 57% YoY
Current Assets
£1k
↓ 71% YoY
Current Liabilities
£0£898£2k£3k£4k£4kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£251£585
Current assets£1.3k£4.5k
Net assets£251£585

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
2
filings
  • 1 dissolution
  • 1 gazette
Last 180 days
2
filings
  • 1 dissolution
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-05-20
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2026-04-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-01-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-01-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2025-01-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-01-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2025-01-05
    ASHIQ BIBI, Inam appointed
    director
  8. 2025-01-05
    MUKHTAR, Muhammad Arslan resigned
    director
  9. 2024-12-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2024-12-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2023-11-20
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2022-11-17
    🏢
    Company incorporated
    As ASK CARS GATWICK LTD
  14. 2022-11-17
    MUKHTAR, Muhammad Arslan appointed
    director
  15. 2022-11-17
    📄
    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

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-01-25

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Inam Ashiq Bibi
Individual · Spanish · DOB 01/1981 · age 45
75100%
75–100%75-100% shares · 75-100% voting05/01/2025
1 historic (ceased) PSC
  • Mr Muhammad Arslan Mukhtarceased 05/01/2025· 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.

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2022-11-17
Jurisdictionengland-wales
Primary SIC49320 — SIC 49320

Registered office

Challenge House, Slz1
616 Mitcham Road
Croydon
CR0 3AA
United Kingdom

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-01-25OVERDUE
Last: 2025-01-11

Officers (1 active · 1 resigned)

ASHIQ BIBI, Inam
director · ~45y · appointed 2025-01-05
View their other companies + combined net worth →
Active
MUKHTAR, Muhammad Arslan
director · ~40y · appointed 2022-11-17 · resigned 2025-01-05
Resigned

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

Recent filings (14 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-05-20
gazette-notice-compulsory
gazette · GAZ1
2026-04-21
termination-director-company-with-name-termination-date
officers · TM01
2025-01-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-11
appoint-person-director-company-with-name-date
officers · AP01
2025-01-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-31
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-20
incorporation-company
incorporation · NEWINC
2022-11-17