HANOVER CABS LTD.

💤Zombieactive

SC203888 · ltd · incorporated 2000-02-14

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Renting and leasing of cars and light motor vehicles

Sector: Administrative & support services

Investor take

Pursue

Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 66). 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 (73/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

9 officers (2 active, 9 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

71 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (32 events)Click to expand

2025-12-18
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-12-19
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-01-19
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-12-18
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-01-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-02-18
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-12-31
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-12-21
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-12-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-10-25
📄
change-person-secretary-company-with-change-date
officers · CH03
2017-10-25
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-10-25
📄
change-person-director-company-with-change-date
officers · CH01
2016-12-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-11-21
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-03-13
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2005-07-08
➖
FRASER, Ross Linton resigned
secretary
2005-07-08
➖
FRASER, Catherine Rose resigned
director
2005-07-08
➖
FRASER, Denis Joseph resigned
director
2005-07-08
➖
FRASER, Ross Linton resigned
director
2005-05-31
➕
KOROTKICH, Janis Angus appointed
secretary
2000-06-23
➖
BLAIR, Ramon resigned
director
2000-02-14
🏢
Company incorporated
As HANOVER CABS LTD.
2000-02-14
➕
SKEDD, Richard appointed
director
2000-02-14
➕
FRASER, Ross Linton appointed
secretary
2000-02-14
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2000-02-14
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2000-02-14
➕
BLAIR, Ramon appointed
director
2000-02-14
➕
FRASER, Catherine Rose appointed
director
2000-02-14
➕
FRASER, Denis Joseph appointed
director
2000-02-14
➕
FRASER, Ross Linton appointed
director
2000-02-14
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2000-02-14
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

100/100

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.
+Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

95/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 26 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Richard Skedd Individual · British · DOB 03/1960 · age 66	—	—	sig. influencesignificant influence · firm interest	05/05/2016

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

Similar companies

Active · Professional services · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CHARLES RIVER LABORATORIES EDINBURGH LIMITED→ SC091725 · est 1985	£131.60M £96.97M–£166.24M	£135.39M	—	135900	41y	85	67y
ROBERTSON EDUCATION (ABERDEENSHIRE) HOLDINGS LIMITED→ SC209010 · est 2000	£5.47M £4.03M–£6.91M	—	—	0	25y	85	60y
DSF (2003) LIMITED→ SC144009 · est 1993	£4.70M £3.46M–£5.93M	—	—	7	33y	87	61y
FCC (EAST AYRSHIRE) HOLDINGS LIMITED→ SC300470 · est 2006	£3.99M £2.94M–£5.03M	—	—	0	20y	87	60y
BLYTH & BLYTH CONSULTING ENGINEERS LIMITED→ SC241155 · est 2002	£2.78M £2.05M–£3.52M	—	—	93	23y	87	85y
SIBCAS LIMITED→ SC052604 · est 1973	£1.88M £1.39M–£2.38M	—	—	165	53y	88	68y
HORIZON (GP) LIMITED→ SC493523 · est 2014	£45.2k £33.3k–£57.1k	—	—	6	11y	95	66y
BURNDENE INVESTMENTS LIMITED→ SC015613 · est 1929	£14.3k £10.5k–£18.0k	—	—	0	96y	83	63y
3 ED HOLDINGS 2 LIMITED→ SC328040 · est 2007 · no financials extracted	—	—	—	—	18y	83	65y
ABACUS FINANCIAL MARKETING LIMITED→ SC197503 · est 1999	—	—	£3.4k	—	26y	83	59y
ACCOUNTING & TAXATION SERVICE LTD→ SC360357 · est 2009 · no financials extracted	—	—	—	—	16y	83	58y
BRINDLEY ASSOCIATES LIMITED→ SC290803 · est 2005	—	—	—	1300	20y	83	59y

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

Incorporated2000-02-14

Jurisdictionscotland

Primary SIC77110 — Renting and leasing of cars and light motor vehicles

Registered office

39/2 Malbet Park

Edinburgh

EH16 6SY

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-12-24

Last: 2025-12-10

Officers (2 active · 7 resigned)

KOROTKICH, Janis Angus→

secretary · appointed 2005-05-31

View their other companies + combined net worth →

Active

SKEDD, Richard→

director · ~66y · appointed 2000-02-14

View their other companies + combined net worth →

Active

FRASER, Ross Linton→

secretary · appointed 2000-02-14 · resigned 2005-07-08

Resigned

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2000-02-14 · resigned 2000-02-14

Resigned

BLAIR, Ramon→

director · ~88y · appointed 2000-02-14 · resigned 2000-06-23

Resigned

FRASER, Catherine Rose→

director · ~89y · appointed 2000-02-14 · resigned 2005-07-08

Resigned

FRASER, Denis Joseph→

director · ~90y · appointed 2000-02-14 · resigned 2005-07-08

Resigned

FRASER, Ross Linton→

director · ~62y · appointed 2000-02-14 · resigned 2005-07-08

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2000-02-14 · resigned 2000-02-14

Resigned

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