CHARING CROSS CARS LIMITED

💤Zombieactive
SC213715 · ltd · incorporated 2000-12-12
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
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Turnover
—
year to Mar 2025
Net worth
£124.8k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 25.2y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 25.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
75 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £124,836
Cash YoY
+73%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£129k
↑ 73% YoY
Net Worth
£125k
↑ 106% YoY
Current Assets
£325k
↓ 8.3% YoY
Current Liabilities
—
£0£71k£142k£212k£283k£354kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£128.4k£96.8k
Current assets£324.6k£353.8k
Cash£129.1k£74.7k
Debtors£44.7k£98.9k
Net assets£124.8k£60.5k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-09-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2025-08-25
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  3. 2025-08-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-06-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-02-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-07-08
    📄
    capital-return-purchase-own-shares
    capital · SH03
  9. 2022-07-06
    📄
    capital-allotment-shares
    capital · SH01
  10. 2021-11-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2021-11-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2021-11-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2021-10-26
    📄
    capital-cancellation-shares
    capital · SH06
  14. 2021-09-17
    ➖
    DAVIS, Thomas resigned
    director
  15. 2021-08-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-11-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2001-11-07
    ➕
    RANKIN, Graeme Mcnaught appointed
    secretary
  20. 2001-11-07
    ➖
    DAVIS, Elizaberth resigned
    secretary
  21. 2001-04-03
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  22. 2000-12-12
    🏢
    Company incorporated
    As CHARING CROSS CARS LIMITED
  23. 2000-12-12
    ➕
    RANKIN, Graeme Mcnaught appointed
    director
  24. 2000-12-12
    ➕
    DAVIS, Elizaberth appointed
    secretary
  25. 2000-12-12
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  26. 2000-12-12
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  27. 2000-12-12
    ➕
    DAVIS, Thomas appointed
    director

Owner dependency

93/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Graeme Mcnaught Rankin
Individual · British · DOB 07/1965 · age 61
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016
1 historic (ceased) PSC
  • Mr Thomas Davisceased 17/09/2021· 75-100% shares · 75-100% voting · significant influence · firm interest

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

7 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
Incorporated2000-12-12
Jurisdictionscotland
Primary SIC45112 — SIC 45112

Registered office

86 St. Andrews Drive
Bridge Of Weir
Renfrewshire
PA11 3JD
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-22
Last: 2025-12-08

Officers (2 active · 3 resigned)

RANKIN, Graeme Mcnaught→
secretary · appointed 2001-11-07
View their other companies + combined net worth →
Active
RANKIN, Graeme Mcnaught→
director · ~61y · appointed 2000-12-12
View their other companies + combined net worth →
Active
DAVIS, Elizaberth→
secretary · appointed 2000-12-12 · resigned 2001-11-07
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2000-12-12 · resigned 2000-12-12
Resigned
DAVIS, Thomas→
director · ~77y · appointed 2000-12-12 · resigned 2021-09-17
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property25/08/2025—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property03/04/2001—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (75 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-14
capital-return-purchase-own-shares
capital · SH03
2022-07-08
capital-allotment-shares
capital · SH01
2022-07-06
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-11-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-11-09