AUTO SOURCING LTD

🌿Early-stageactive
15460814 · ltd · incorporated 2024-02-02
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
not disclosed
Net worth
book net assets
Opportunity
50/100
Worth a look
🔔
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 40/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
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
7 connected companies via shared directors
66
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
46
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-02-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-12-16
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-12-09
    📍
    default-companies-house-service-address-applied-psc
    address · RP10
  4. 2025-12-09
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  5. 2025-12-09
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  6. 2025-06-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2025-04-22
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2024-02-02
    🏢
    Company incorporated
    As AUTO SOURCING LTD
  9. 2024-02-02
    OGENYI, Joshua Kubie appointed
    director
  10. 2024-02-02
    📄
    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 2.5 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

2 high · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-11-02

Confirmation statement overdue
high

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

Evidence: Next due: 2025-02-15

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Joshua Kubie Ogenyi
Individual · British · DOB 04/1993 · age 33
75100%
75–100%board control75-100% shares · 75-100% voting · board control02/02/2024

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

11 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
Incorporated2024-02-02
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112

Registered office

15460814 - COMPANIES HOUSE DEFAULT ADDRESS
Cardiff
CF14 8LH

Filing status

Accounts
Next due: 2025-11-02OVERDUE
Last made up to:
Confirmation statement
Next due: 2025-02-15OVERDUE
Last:

Officers (1 active · 0 resigned)

OGENYI, Joshua Kubie
director · ~33y · appointed 2024-02-02
View their other companies + combined net worth →
Active

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

Recent filings (8 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-03
gazette-notice-compulsory
gazette · GAZ1
2025-12-16
default-companies-house-service-address-applied-psc
address · RP10
2025-12-09
default-companies-house-service-address-applied-officer
address · RP09
2025-12-09
default-companies-house-registered-office-address-applied
address · RP05
2025-12-09
gazette-filings-brought-up-to-date
gazette · DISS40
2025-06-03
gazette-notice-compulsory
gazette · GAZ1
2025-04-22
incorporation-company
incorporation · NEWINC
2024-02-02