APL CARAVAN SALES LIMITED

🌿Early-stageactive
14540848 · ltd · incorporated 2022-12-14
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 Dec 2025
Net worth
£30.9k
book net assets
Opportunity
67/100
Strong
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What this business does
Primary activity: Other retail sale not in stores, stalls or markets
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 67/100 (strong), bankability 60/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -67% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (76/100)

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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £30,928
Cash draining
Cash down 67% YoY
Cash YoY
-67%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4k
↓ 67% YoY
Net Worth
£31k
↑ 103% YoY
Current Assets
£37k
↑ 130% YoY
Current Liabilities
£0£7k£15k£22k£30k£37kDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-12-312024-12-31
Total assets£30.9k£7.8k
Current assets£37.3k£16.2k
Cash£4.4k£13.4k
Debtors£1£1
Net assets£30.9k£15.2k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-02-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-11-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-04-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-12-14
    🏢
    Company incorporated
    As APL CARAVAN SALES LIMITED
  6. 2022-12-14
    LUTWYCHE, Ashley Paul appointed
    director
  7. 2022-12-14
    LUTWYCHE, Paul Leslie appointed
    director
  8. 2022-12-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2022-12-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-12-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

74/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

16/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — LUTWYCHE, Ashley Paul (same surname) appointed 2022-12-14. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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: 2025-12-27

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ashley Paul Lutwyche
Individual · British · DOB 07/1995 · age 31
75100%
75–100%75-100% shares · 75-100% voting14/12/2022
Mr Paul Leslie Lutwyche
Individual · British · DOB 06/1962 · age 64
2550%
25-50% shares14/12/2022

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

8 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.

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Company details

Statusactive
Typeltd
Incorporated2022-12-14
Jurisdictionengland-wales
Primary SIC47990 — Other retail sale not in stores, stalls or markets

Registered office

18 Grinshill Drive Grinshill Drive
Shrewsbury
SY2 5JE
England

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2025-12-27OVERDUE
Last: 2024-12-13

Officers (2 active · 0 resigned)

LUTWYCHE, Ashley Paul
director · ~31y · appointed 2022-12-14
View their other companies + combined net worth →
Active
LUTWYCHE, Paul Leslie
director · ~64y · appointed 2022-12-14
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-12-14
appoint-person-director-company-with-name-date
officers · AP01
2022-12-14
incorporation-company
incorporation · NEWINC
2022-12-14