ALBANY STORAGE COMPANY LIMITED
💤Zombieactive
00740230 · ltd · incorporated 1962-11-08
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 Oct 2024
Net worth
£127.1k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
PursueAsset-holding vehicle with a 63-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 63). 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).
🏦
Refinance opportunity
2 live charges · oldest 50.3y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 50.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
93 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £127,124
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£127k
↑ 6.1% YoY
Current Assets
£208k
↑ 14% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £127.1k | £119.8k |
| Current assets | £208.3k | £183.2k |
| Net assets | £127.1k | £119.8k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2025-07-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30🔓Charge satisfied #2
- 2023-11-30🔓Charge satisfied #1
- 2023-07-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-07-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-02-26📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-02-26📄change-person-director-company-with-change-dateofficers · CH01
- 2018-07-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-11-07📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2017-11-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-11-07📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2017-10-19➕ROWLAND, Janette Cynthia appointedsecretary
- 2017-10-18➖BOWMAN, Jean resignedsecretary
- 2017-10-18➖BOWMAN, Jean resigneddirector
- 1997-01-24➕BOWMAN, Jeffrey, Mr. appointeddirector
- 1996-11-09➖BOWMAN, Thomas resigneddirector
- 1976-01-27🔒Charge registered #2Lender: Midland Bank PLC
- 1976-01-27🔒Charge registered #1Lender: Midland Bank PLC
- 1962-11-08🏢Company incorporatedAs ALBANY STORAGE COMPANY LIMITED
Owner dependency
93/100
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.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
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.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 64 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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. Jeffrey Bowman Individual · British · DOB 08/1963 · age 63 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Jean Bowmanceased 18/10/2017· 50-75% shares · 50-75% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| 3SIXTY 3PL LTD→ 13514559 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A GHUMMAN LTD→ 12941944 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AATRANSPORTEXPRESS LTD→ 16576960 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACTIVE TRAVEL TYNEDALE (ACTT) CIC→ 13042034 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADDOQUE MARINE CONSULTANTS LTD→ 14455808 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADELINO ARAUJO LOGISTICS LIMITED→ 16584362 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AEC TRANSPORT (NE) LTD→ 16904868 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AF AND H MINIBUSES LTD→ 16834222 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIRPORT TAXIS 24/7 LIMITED→ 11931069 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AJ LOGISTIC CONSULTANTS LTD.→ 10672577 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ALAN JEFFERS LTD→ 17000588 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALBION INVESTMENTS (NORTH EAST) LIMITED→ 03718108 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
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
Incorporated1962-11-08
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road
Registered office
Saltmeadows Road
Gateshead
Tyne & Wear
NE8 3AH
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-04-29
Last: 2026-04-15
Officers (2 active · 3 resigned)
ROWLAND, Janette Cynthia→
Activesecretary · appointed 2017-10-19
View their other companies + combined net worth →
BOWMAN, Jeffrey, Mr.→
Activedirector · ~63y · appointed 1997-01-24
View their other companies + combined net worth →
BOWMAN, Jean→
Resignedsecretary · resigned 2017-10-18
BOWMAN, Jean→
Resigneddirector · ~94y · resigned 2017-10-18
BOWMAN, Thomas→
Resigneddirector · ~97y · resigned 1996-11-09
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Midland Bank Midland Bank PLC | Floating charge | 1 property | 27/01/1976 | 30/11/2023 | |
| satisfied | Midland Bank Midland Bank PLC | Mortgage | 1 property | 27/01/1976 | 30/11/2023 |
Recent filings (93 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-28