FLEXAUTO LIMITED

⚰️Wound downdissolved
SC621477 · ltd · incorporated 2019-02-18
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2020
Net worth
book net assets
Opportunity
54/100
Worth a look
🔔
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What this business does
Primary activity: Renting and leasing of cars and light motor vehicles
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), bankability 70/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (83/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2019Dec 2020

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2020-12-312019-12-31

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
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2022-04-05
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2022-04-05
    🏁
    Company dissolved
  3. 2022-01-18
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2022-01-06
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2021-09-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-08-13
    MAITH, Claire Elizabeth appointed
    director
  7. 2021-08-13
    BARBER, Christopher Derek resigned
    director
  8. 2021-08-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2021-08-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2021-01-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2021-01-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2020-12-16
    MCLELLAN, Colin Wilson resigned
    director
  13. 2020-12-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2020-12-01
    BARBER, Christopher Derek appointed
    director
  15. 2020-05-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2020-04-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2020-04-01
    MCLELLAN, Colin Wilson appointed
    director
  18. 2019-02-22
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  19. 2019-02-18
    🏢
    Company incorporated
    As FLEXAUTO LIMITED
  20. 2019-02-18
    VARDY, Peter Daniel David appointed
    director
  21. 2019-02-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2022-04-05

Group structure

Peter Vardy Holdings Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Peter Vardy Holdings Limited
Corporate parent
FLEXAUTO LIMITED
This company · SC621477

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

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Peter Daniel David Vardy
Individual · British · DOB 06/1978 · age 48
75100%
75-100% shares18/02/2019
Peter Vardy Holdings Limited
Corporate entity
sig. influencesignificant influence18/02/2019

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.

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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.

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Company details

Statusdissolved
Typeltd
Incorporated2019-02-18
Jurisdictionscotland
Primary SIC77110 — Renting and leasing of cars and light motor vehicles

Registered office

Pioneer House Renshaw Place
Holytown
Motherwell
ML1 4UF
Scotland

Filing status

Accounts
Next due:
Last made up to: 2020-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 2 resigned)

MAITH, Claire Elizabeth
director · ~41y · appointed 2021-08-13
View their other companies + combined net worth →
Active
VARDY, Peter Daniel David
director · ~48y · appointed 2019-02-18
View their other companies + combined net worth →
Active
BARBER, Christopher Derek
director · ~48y · appointed 2020-12-01 · resigned 2021-08-13
Resigned
MCLELLAN, Colin Wilson
director · ~44y · appointed 2020-04-01 · resigned 2020-12-16
Resigned

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

Recent filings (16 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2022-04-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07
gazette-notice-voluntary
gazette · GAZ1(A)
2022-01-18
dissolution-application-strike-off-company
dissolution · DS01
2022-01-06
accounts-with-accounts-type-dormant
accounts · AA
2021-09-29
termination-director-company-with-name-termination-date
officers · TM01
2021-08-13
appoint-person-director-company-with-name-date
officers · AP01
2021-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-07
appoint-person-director-company-with-name-date
officers · AP01
2021-01-07
termination-director-company-with-name-termination-date
officers · TM01
2021-01-07
accounts-with-accounts-type-dormant
accounts · AA
2020-12-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-05-06
appoint-person-director-company-with-name-date
officers · AP01
2020-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-12
change-account-reference-date-company-current-shortened
accounts · AA01
2019-02-22