CRENOON LIMITED
Company number 01543489 · Monitor this company
Executive summary
Crenoon Limited, a long-standing independent operator in the UK car leasing sector, has entered administration, underscoring the severe structural pressures facing asset-heavy, under-capitalized SMEs in the current macroeconomic climate. The company's failure reflects the sector's broader vulnerability to skyrocketing cost of capital and residual value volatility, which disproportionately punish smaller lessors lacking the economies of scale and funding diversification of larger consolidators. Ultimately, Crenoon could not sustain the margin compression brought on by high interest rates and fleet depreciation, leading to the collapse of a four-decade-old business.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1981-02-05
- Registered office
- C/O CURRIE YOUNG LIMITED, Riverside 2 No 3 Campbell Road, Stoke-On-Trent, ST4 4RJ
- Postcode
- ST4 4RJ
- Capital
- 20,000 GBP
- Accounts category
- Total Exemption Full
- Charges
- 11 outstanding
Accounts
- Last made up to
- 2024-09-30
- Next due by
- 2026-06-30
- Financial year end
- 30 September
Confirmation statement
- Last statement dated
- 2025-02-24
- Next due by
- 2026-03-10
Nature of business (SIC)
- 77110 Renting and leasing of cars and light motor vehicles
Officers 6 current · 1 resigned
Group structure
Controlled by CRENOON HOLDINGS LIMITED — since 2024-05-14
From persons-with-significant-control filings on the public register.
Previous registered addresses 2
| Address | Changed on |
|---|---|
| AFFORD RENT A CAR, VICTORIA ROAD, FENTON, STOKE-ON-TRENT ST4 2AQ | 1990-02-20 |
| 23 VICTORIA PLACE, FENTON, STOKE ON TRENT | 1987-04-13 |
The class of 1981
65%
of the 14,493 companies incorporated in 1981 are still active today; 29% have since been dissolved.
A fact about the year, not a forecast for this company.