121 RYDES LTD
💤Zombieactive
12021937 · ltd · incorporated 2019-05-29
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 May 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
Investor take
PursueActive trading company with a 67-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 67). 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 (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
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | — | £23.5k |
| Current assets | — | £9.9k |
| Net assets | — | £11.1k |
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
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-02-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-04-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-27➖REHMAN, Fateh-Ur resigneddirector
- 2025-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-20📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2024-04-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-24➕SACHDEV, Parkash Singh appointeddirector
- 2022-11-24➖YAMAN, Eda resigneddirector
- 2022-11-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-11-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-11-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-08➕REHMAN, Fateh-Ur appointeddirector
- 2022-07-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-07-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-07-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-29🏢Company incorporatedAs 121 RYDES LTD
- 2019-05-29➕YAMAN, Eda appointeddirector
Owner dependency
90/100
Critical — business is the founderThe 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.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Parkash Singh Sachdev Individual · British · DOB 01/1959 · age 67 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control · trust interest | 24/11/2022 |
2 historic (ceased) PSCs
- Mr Fateh-Ur Rehmanceased 27/03/2025· 25-50% shares
- Miss Eda Yamanceased 24/11/2022· 50-75% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Transport & logistics · N postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 PARCEL LTD→ 10094925 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| 12 H H S CAR PARK LIMITED→ 14601272 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 1930S WEDDING CARS LIMITED→ 08393037 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| 1COACH PRO(UK) LTD→ 14155153 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1ST CLASS CARS (NE) LTD→ 13427146 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 1ST NEPHI LTD→ 16483501 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2065 LOGISTICS LTD→ 16918243 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2222 LONDON ROAD LTD→ 16183432 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 24 HOURS LOGISTICS LTD→ 15819028 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 24/7 UK MOBILE TYRES LTD→ 16583416 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3COMMERCE LTD→ 11285773 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 3MS LOGISTICS LIMITED→ 15316360 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2019-05-29
Jurisdictionengland-wales
Primary SIC49320 — SIC 49320
Registered office
349c High Road
Wood Green
London
N22 8JA
England
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-12-08
Last: 2025-11-24
Officers (1 active · 2 resigned)
SACHDEV, Parkash Singh→
Activedirector · ~67y · appointed 2022-11-24
View their other companies + combined net worth →
REHMAN, Fateh-Ur→
Resigneddirector · ~60y · appointed 2022-07-08 · resigned 2025-03-27
YAMAN, Eda→
Resigneddirector · ~34y · appointed 2019-05-29 · resigned 2022-11-24
Click a director name to see their full track record across all companies.
Recent filings (28 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-02
termination-director-company-with-name-termination-date
officers · TM01
2025-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-24
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2024-08-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-11-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-11-24