EXPERT AUTO LTD

💤Zombieactive
SC679738 · ltd · incorporated 2020-11-03
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
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Turnover
year to May 2025
Net worth
£389
book net assets
Opportunity
63/100
Worth a look
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Distressed automotive with salvageable qualities — special-situations priority.

Opportunity 63/100 (worth a look), 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 (58/100).

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £389

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£389
↑ 24% YoY
Current Assets
£406
↑ 29% YoY
Current Liabilities
£0£81£162£244£325£406May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£389£314
Current assets£406£314
Net assets£389£314

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
3
filings
  • 2 gazette
  • 1 accounts
Last 180 days
3
filings
  • 2 gazette
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-03-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2026-01-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-07-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2025-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2025-05-02
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  7. 2025-04-22
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2024-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2024-02-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2024-01-23
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2023-08-30
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  12. 2022-08-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-11-03
    🏢
    Company incorporated
    As EXPERT AUTO LTD
  14. 2020-11-03
    GRANCEA, David Daniel appointed
    director
  15. 2020-11-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-11-16

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Daniel Grancea
Individual · Romanian · DOB 06/1992 · age 34
75100%
75–100%board control75-100% shares · 75-100% voting · board control03/11/2020

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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 →
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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

Statusactive
Typeltd
Incorporated2020-11-03
Jurisdictionscotland
Primary SIC45112 — SIC 45112

Registered office

5 Lumsden Road
Glenrothes
KY7 4LS
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2025-11-16OVERDUE
Last: 2024-11-02

Officers (1 active · 0 resigned)

GRANCEA, David Daniel
director · ~34y · appointed 2020-11-03
View their other companies + combined net worth →
Active

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

Recent filings (17 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-28
gazette-notice-compulsory
gazette · GAZ1
2026-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-15
gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-05-02
gazette-notice-compulsory
gazette · GAZ1
2025-04-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-31
gazette-filings-brought-up-to-date
gazette · DISS40
2024-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-12
gazette-notice-compulsory
gazette · GAZ1
2024-01-23
change-account-reference-date-company-previous-extended
accounts · AA01
2023-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-03