ADDLESTONE TYRES LTD

🌿Early-stageactive
15055195 · ltd · incorporated 2023-08-07
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 Aug 2024
Net worth
£279
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: SIC 22110
Sector: Manufacturing
Investor take
Special-situation opportunity
Distressed manufacturing with salvageable qualities — special-situations priority.

Opportunity 61/100 (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 (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth 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
50
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 £279

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£279
Current Assets
£4k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-31
Total assets£17.2k
Current assets£3.9k
Net assets£279

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
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-04-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-05-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-02-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2025-02-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-02-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-02-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2025-01-01
    ARSENE, Cornel-Ioan appointed
    director
  8. 2025-01-01
    HASAN, Rawand resigned
    director
  9. 2023-08-07
    🏢
    Company incorporated
    As ADDLESTONE TYRES LTD
  10. 2023-08-07
    HASAN, Rawand appointed
    director
  11. 2023-08-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Young company: Only 2.8 years old — management layer unlikely to be developed.

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: 2026-01-15

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Cornel-Ioan Arsene
Individual · Romanian · DOB 01/1974 · age 52
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/01/2025
1 historic (ceased) PSC
  • Mr Rawand Hasanceased 01/01/2025· 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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2023-08-07
Jurisdictionengland-wales
Primary SIC22110 — SIC 22110

Registered office

1-3 New Haw Road
Addlestone
KT15 2BZ
England

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-01-15OVERDUE
Last: 2025-01-01

Officers (1 active · 1 resigned)

ARSENE, Cornel-Ioan
director · ~52y · appointed 2025-01-01
View their other companies + combined net worth →
Active
HASAN, Rawand
director · ~34y · appointed 2023-08-07 · resigned 2025-01-01
Resigned

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

Recent filings (9 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-02-11
appoint-person-director-company-with-name-date
officers · AP01
2025-02-11
termination-director-company-with-name-termination-date
officers · TM01
2025-02-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-07
incorporation-company
incorporation · NEWINC
2023-08-07