CRONIN TAXIS LIMITED
Opportunity 68/100 (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 (73/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 accounts
Corporate timeline (18 events)Click to expand
- 2025-12-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-03-01📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-02-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-02-04📄gazette-notice-compulsorygazette · GAZ1
- 2024-09-02➕MCINTYRE, Marcis appointeddirector
- 2024-09-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-06-07📄resolutionresolution · RESOLUTIONS
- 2023-06-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-06-06📄administrative-restoration-companyrestoration · RT01
- 2023-05-02📄gazette-dissolved-compulsorygazette · GAZ2
- 2023-01-24📄gazette-notice-compulsorygazette · GAZ1
- 2021-12-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-07-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-05-25📄gazette-notice-compulsorygazette · GAZ1
- 2020-02-05🏢Company incorporatedAs CRONIN TAXIS LIMITED
- 2020-02-05➕CRONIN, Michael appointeddirector
- 2020-02-05📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "CRONIN" — strong identity link between founder and business.
- +Founder age: Director aged approximately 83 — succession pressure is live.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-02-18
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Cronin Individual · British · DOB 01/1943 · age 83 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 05/02/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Transport & logistics · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CEC 2013 LIMITED→ SC219797 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| CENTRAL EXECUTIVE HIRE LTD→ SC857851 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CITY EXECUTIVE TRAVEL LTD→ SC588086 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| CRAIGBRIDGE LIMITED→ SC203027 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| CRAIGPORT LIMITED→ SC222003 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| DANIEL’S DIRECT DELIVERIES LTD→ SC869867 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DINU MIHAI POPA LTD→ SC854485 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DL TRANSPORT SERVICES LTD→ SC704094 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| DP SPEED LTD→ SC776975 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DROBIAZG LTD→ SC829424 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| DUNBAR CONTAINER STORAGE LTD→ SC634410 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| DUNBAR REMOVALS AND STORAGE LTD.→ SC165409 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.