THE CAR LEASING NETWORK LIMITED

💤Zombieactive
SC324032 · ltd · incorporated 2007-05-21
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 opening · high confidence
More negotiable than before — 3 signals weakening over the last 30 days.
  • · Hygiene score: 85 → 65
  • · Opportunity score: 75 → 67
  • · Bankability: 75 → 65
  • · Distress / opportunity: avoid → attractive
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 3 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

  • ↓Opportunity score: 75 → 67
  • ↓Hygiene score: 85 → 65
  • ↓Bankability: 75 → 65
  • ·Distress / opportunity: avoid → attractive
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
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£31.1k
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
Special-situation opportunity
Distressed automotive with salvageable qualities — special-situations priority.

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: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

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, 2 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
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
61 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
60
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £31,110

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£31k
↑ 8308% YoY
Current Assets
£66k
↓ 27% YoY
Current Liabilities
—
£0£18k£36k£54k£72k£90kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£11£31.4k
Current assets£66.2k£90.3k
Net assets£31.1k£370

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
  • • 2 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-03-18
    ➖
    KRIEL, Kathryn resigned
    secretary
  2. 2026-03-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2026-03-18
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2026-03-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-04-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-01-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-11-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2021-09-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-06-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2021-06-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2021-06-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-06-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2021-06-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2021-01-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-10-20
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  17. 2020-10-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2020-10-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2020-01-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2020-01-14
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  21. 2007-06-07
    ➖
    KRIEL, Kathryn resigned
    director
  22. 2007-05-21
    🏢
    Company incorporated
    As THE CAR LEASING NETWORK LIMITED
  23. 2007-05-21
    ➕
    KRIEL, Conrad Paul appointed
    director
  24. 2007-05-21
    ➕
    KRIEL, Kathryn appointed
    secretary
  25. 2007-05-21
    ➕
    KRIEL, Kathryn appointed
    director

Owner dependency

85/100
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 19 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

63/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-06-04

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Conrad Paul Kriel
Individual · British · DOB 05/1972 · age 54
25–50%
—25-50% shares06/04/2016
Mrs Kathryn Kriel
Individual · British · DOB 02/1975 · age 51
25–50%
—25-50% shares06/04/2016

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 →

Similar companies

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COOPER BROS LTD.→
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——6316y8382y
BROWNSBURN GARAGE LIMITED→
SC242933 · est 2003
———60023y8358y
GOPAL MOTORS LIMITED→
SC132600 · est 1991
——£29.5k—34y8378y
J.M.T. MANUFACTURING LIMITED→
SC099682 · est 1986
———40040y8375y
A. GRAY & SONS LTD.→
SC239040 · est 2002
——£252.5k—23y8289y
AUTO-TEK LIMITED→
SC085669 · est 1983
———642y8278y
B & B COMMERCIALS LIMITED→
SC371046 · est 2010
———60016y8270y
CANDERRIGG SERVICES LIMITED→
SC063543 · est 1977
——£40.0k—48y8261y
GRANT MILLER VEHICLES LIMITED→
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——£382.7k—22y8272y
HAMILTON TRACTORS (CARNWATH) LIMITED→
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——£568.9k—17y8267y
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————39y8277y
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———016y8259y
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
Incorporated2007-05-21
Jurisdictionscotland
Primary SIC45111 — Sale of new cars and light motor vehicles

Registered office

83 Cadzow Street
Hamilton
ML3 6DY
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-04OVERDUE
Last: 2025-05-21

Officers (1 active · 2 resigned)

KRIEL, Conrad Paul→
director · ~54y · appointed 2007-05-21
View their other companies + combined net worth →
Active
KRIEL, Kathryn→
secretary · appointed 2007-05-21 · resigned 2026-03-18
Resigned
KRIEL, Kathryn→
director · ~51y · appointed 2007-05-21 · resigned 2007-06-07
Resigned

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

Recent filings (61 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-18
termination-secretary-company-with-name-termination-date
officers · TM02
2026-03-18
change-person-director-company-with-change-date
officers · CH01
2026-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-06-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-06-08
change-person-director-company-with-change-date
officers · CH01
2021-06-08