88 WASHINGTON STREET LIMITED

💤Zombieactive
SC625095 · ltd · incorporated 2019-03-21
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.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: SIC 52103
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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: high (81/100)

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
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
19 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 accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees00

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

🔒Filing-note intelligence

1 signal 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 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-07-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2024-10-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2024-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-10-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-07-23
    PARTTIL LIMITED resigned
    corporate-director
  9. 2021-07-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2021-06-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-03-19
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  12. 2020-08-21
    📄
    appoint-corporate-director-company-with-name-date
    officers · AP02
  13. 2020-08-01
    PARTTIL LIMITED appointed
    corporate-director
  14. 2019-03-21
    🏢
    Company incorporated
    As 88 WASHINGTON STREET LIMITED
  15. 2019-03-21
    SPENCE, Stuart John appointed
    director
  16. 2019-03-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Autoporto Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Autoporto Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
88 WASHINGTON STREET LIMITED
This company · SC625095

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
Autoporto Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control08/10/2024
1 historic (ceased) PSC
  • Mr Stuart John Spenceceased 08/10/2024· 75-100% shares · 75-100% voting · board control

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
Incorporated2019-03-21
Jurisdictionscotland
Primary SIC52103 — SIC 52103

Registered office

9 Newton Place
Glasgow
G3 7PR
United Kingdom

Filing status

Accounts
Next due: 2026-12-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-05
Last: 2025-11-21

Officers (1 active · 1 resigned)

SPENCE, Stuart John
director · ~63y · appointed 2019-03-21
View their other companies + combined net worth →
Active
PARTTIL LIMITED
corporate-director · appointed 2020-08-01 · resigned 2021-07-23
Resigned

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

Recent filings (19 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-21
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-23
termination-director-company-with-name-termination-date
officers · TM01
2021-07-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-22