AB PERFORMANCE CARS LIMITED

🌱Startupactive
15720264 · ltd · incorporated 2024-05-14
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45112SIC 45112
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 67/100 (strong), bankability 65/100. 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: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
10 filings on record
85
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
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-31

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
1
filing
  • 1 confirmation-statement
Last 90 days
5
filings
  • 2 persons-with-significant-control
  • 1 confirmation-statement
  • 1 officers
Last 180 days
5
filings
  • 2 persons-with-significant-control
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-03-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2026-03-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-03-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-02-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2026-02-20
    BINYAMEEN, Aseem resigned
    director
  6. 2025-09-13
    BINYAMEEN, Mohammed appointed
    director
  7. 2025-09-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-08-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-08-10
    BINYAMEEN, Mohammed resigned
    director
  10. 2025-06-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-06-21
    BINYAMEEN, Mohammed appointed
    director
  12. 2024-05-14
    🏢
    Company incorporated
    As AB PERFORMANCE CARS LIMITED
  13. 2024-05-14
    BINYAMEEN, Aseem appointed
    director
  14. 2024-05-14
    📄
    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 1.9 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 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BINYAMEEN, Aseem resigned 2026-02-20; BINYAMEEN, Mohammed resigned 2025-08-10

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Mohammed Binyameen
Individual · British · DOB 01/1972 · age 54
2550%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · trust interest · firm interest25/02/2026
1 historic (ceased) PSC
  • Aseem Binyameenceased 20/02/2026· 75-100% shares

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.

See pricing →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2024-05-14
Jurisdictionengland-wales
Primary SIC45111 — Sale of new cars and light motor vehicles

Registered office

2 Argyll Road
Stoke On Trent
Staffordshire
ST3 4RB
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-04-22
Last: 2026-04-08

Officers (1 active · 2 resigned)

BINYAMEEN, Mohammed
director · ~54y · appointed 2025-09-13
View their other companies + combined net worth →
Active
BINYAMEEN, Aseem
director · ~30y · appointed 2024-05-14 · resigned 2026-02-20
Resigned
BINYAMEEN, Mohammed
director · ~54y · appointed 2025-06-21 · resigned 2025-08-10
Resigned

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

Recent filings (10 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-04
termination-director-company-with-name-termination-date
officers · TM01
2026-03-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-02-24
appoint-person-director-company-with-name-date
officers · AP01
2025-09-13
termination-director-company-with-name-termination-date
officers · TM01
2025-08-23
appoint-person-director-company-with-name-date
officers · AP01
2025-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-02
incorporation-company
incorporation · NEWINC
2024-05-14