38 KINGSWAY LEASE LTD
Opportunity 68/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £262.8k | — |
| Current assets | £86.0k | — |
| Net assets | £-436.5k | — |
| Average employees | — | 300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (22 events)Click to expand
- 2025-11-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-05✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2025-03-03➕EKIZ, Hayrullah appointeddirector
- 2025-03-03➖NELLY, Hannae resigneddirector
- 2025-03-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-03-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-03-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-06-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-19📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-10-05📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-10-03➕NELLY, Hannae appointeddirector
- 2023-10-03➖PENBEGULLU, Ebubekir resigneddirector
- 2023-10-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-03🏢Company incorporatedAs 38 KINGSWAY LEASE LTD
- 2023-03-03➕PENBEGULLU, Ebubekir appointeddirector
- 2023-03-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-03-03📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2025-03-05: certificate-change-of-name-company
Group structure
Zeren Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Zeren Group Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 03/03/2025 |
2 historic (ceased) PSCs
- Beboz Ltdceased 03/03/2025· 75-100% shares · 75-100% voting · board control
- Zeren Group Ltdceased 08/05/2024· 75-100% shares · 75-100% voting · board control · firm interest
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Retail · WC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 BULLION LTD→ 12741831 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 13 CLOTHING LTD→ 14133420 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 16226990 LTD→ 16226990 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 17COSMETICSTORE LTD→ 16423651 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 19$5 LIMITED→ 16379049 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 1KMARLON LTD→ 16618521 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 1M PARTNERS LTD→ 17090833 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 360-N5 LTD→ 15652914 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 360CREATIVEONLINE LTD→ 14935848 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 360SOLUTIONZ LTD→ 14483101 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 3A STAR LTD→ 15693290 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3B UCR LIMITED→ 16268857 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 2 resigned)
Click a director name to see their full track record across all companies.