LONDON CAB SALES LIMITED

🌳Matureactive
SC364448 · ltd · incorporated 2009-08-24
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 16.5y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does

Likely involved in the buying and selling of taxis and other vehicles — despite being Scotland-based, the name suggests a focus on London-style black cabs — operating as a small wholesale or retail motor vehicle dealership serving trade or private customers.

Primary activity: SIC 45190
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 76-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 16.5y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 16.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
42 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
-£641k-£507k-£373k-£239k-£104k£30kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Total assets£-591.4k
Current assets£29.9k
Cash£6.5k
Debtors£23.4k
Net assets£-641.3k
Average employees1

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

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-01-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-12-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2017-08-01
    HARRIS, Ian Colquhoun appointed
    director
  12. 2016-12-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-08-31
    📄
    second-filing-of-annual-return-with-made-up-date
    document-replacement · RP04AR01
  14. 2015-11-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-09-10
    📄
    annual-return-company
    annual-return · AR01
  16. 2015-01-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2012-12-19
    🔓
    Charge satisfied #1
  18. 2010-05-03
    HARRIS, Ian Colquhoun resigned
    director
  19. 2009-12-08
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  20. 2009-08-24
    🏢
    Company incorporated
    As LONDON CAB SALES LIMITED
  21. 2009-08-24
    HARRIS, Ross appointed
    secretary
  22. 2009-08-24
    HARRIS, Ross Aitken appointed
    director
  23. 2009-08-24
    HARRIS, Ian Colquhoun appointed
    director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

89/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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.)

Group structure

Jj Harris & Son Taxi Repairs (Glw) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Jj Harris & Son Taxi Repairs (Glw) Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
LONDON CAB SALES LIMITED
This company · SC364448

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Jj Harris & Son Taxi Repairs (Glw) Ltd
Corporate entity
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence01/05/2016

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 →

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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
Incorporated2009-08-24
Jurisdictionscotland
Primary SIC45190 — SIC 45190

Registered office

136 Boden Street
Glasgow
G40 3PX

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-09-07
Last: 2025-08-24

Officers (3 active · 1 resigned)

HARRIS, Ross
secretary · appointed 2009-08-24
View their other companies + combined net worth →
Active
HARRIS, Ian Colquhoun
director · ~76y · appointed 2017-08-01
View their other companies + combined net worth →
Active
HARRIS, Ross Aitken
director · ~48y · appointed 2009-08-24
View their other companies + combined net worth →
Active
HARRIS, Ian Colquhoun
director · ~76y · appointed 2009-08-24 · resigned 2010-05-03
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property08/12/200919/12/2012

Recent filings (42 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-28