99SK LTD

🌿Early-stageactive
15159813 · ltd · incorporated 2023-09-23
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 Sept 2025
Net worth
£-21.0k
book net assets
Opportunity
70/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
5 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £21,023
Cash YoY
+121%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
↑ 121% YoY
Net Worth
-£21k
↓ 2.4% YoY
Current Assets
£12k
↑ 5.4% YoY
Current Liabilities
-£21k-£14k-£8k-£1k£6k£12kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
Total assets£-21.0k£-20.5k
Current assets£12.1k£11.5k
Cash£1.1k£514
Debtors£11.0k
Net assets£-21.0k£-20.5k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (5 events)Click to expand
  1. 2026-04-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-23
    🏢
    Company incorporated
    As 99SK LTD
  4. 2023-09-23
    KOTECHA, Shivam Dinesh appointed
    director
  5. 2023-09-23
    📄
    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 2.6 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Shivam Dinesh Kotecha
Individual · British · DOB 02/1991 · age 35
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/09/2023

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Automotive · LE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
101 PARTS LTD
12143038 · est 2019 · no financials extracted
6y
10TEN AUTO REPAIRS LTD
16863746 · est 2025 · no financials extracted
115B GARAGE LTD
13200981 · est 2021 · no financials extracted
5y
13 CARS LTD
16442312 · est 2025 · no financials extracted
2REFINISH LIMITED
12398198 · est 2020 · no financials extracted
6y
4X4HQ LTD
12162254 · est 2019 · no financials extracted
6y
A B & C WINDSCREENS LIMITED
09656198 · est 2015 · no financials extracted
10y
A B SOLUTIONS (MIDLANDS) LIMITED
07226478 · est 2010 · no financials extracted
16y
A.B.R. VEHICLE GLAZING LTD
05346959 · est 2005 · no financials extracted
21y
A&B AUTOS (LEICS) LTD
14533448 · est 2022 · no financials extracted
3y
A1 AUTO REPAIRS LTD
15164382 · est 2023 · no financials extracted
2y
A1 CAR SALE LEICESTER LTD
15708276 · est 2024 · no financials extracted
1y
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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2023-09-23
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

27 Lady Hay Road
Leicester
LE3 9QW
England

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-10-06
Last: 2025-09-22

Officers (1 active · 0 resigned)

KOTECHA, Shivam Dinesh
director · ~35y · appointed 2023-09-23
View their other companies + combined net worth →
Active

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

Recent filings (5 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-01
incorporation-company
incorporation · NEWINC
2023-09-23