BAY FREIGHT LIMITED

🌳Matureactive
01506710 · ltd · incorporated 1980-07-08
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
£8.63M
year to Dec 2024
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 77/100 (strong), bankability 57/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 13 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

18 live charges · 13 lenders · oldest 42.1y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 42.1 years old — likely at or near maturity.
  • · 13 lenders named — inter-creditor friction likely.
  • · Legal-friction score 48/100 (high).

Data confidence

Overall: high (84/100)

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
18 charges (18/18 with lender, 18/18 with type)
90
Directors & officers
14 officers (4 active, 14 linked, 13 with DOB)
89
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
160 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Loss-making
Loss before tax £203,103
Turnover YoY
-1%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Turnover£8.63M£8.70M
Gross profit£1.29M£1.04M
Operating profit£-142.0k£-270.0k
Profit before tax£-203.1k£-344.8k
Average employees72007600

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

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
1
filing
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (73 events)Click to expand
  1. 2026-03-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-02-01
    BLAKELEY, Allan appointed
    director
  3. 2026-01-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-12-10
    GERMANY, Barry John resigned
    director
  5. 2025-09-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2025-04-07
    COX, Graham John appointed
    director
  7. 2025-04-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-03-14
    📄
    second-filing-of-director-appointment-with-name
    officers · RP04AP01
  9. 2025-01-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2025-01-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2025-01-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-01-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2025-01-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2025-01-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2024-12-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2024-12-21
    JENKINS, Gareth appointed
    director
  17. 2024-12-21
    WARRILLOW, Benjamin James appointed
    director
  18. 2024-12-21
    FIELDS, Peter Richard resigned
    director
  19. 2024-12-21
    GERMANY, Barry John appointed
    director
  20. 2024-12-21
    NORFOLK, Graham Richard resigned
    director
  21. 2024-12-21
    🔒
    Charge registered #18
    Lender: Apex Group Hold Co (UK) Limited
  22. 2023-09-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2023-07-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2022-08-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  25. 2022-03-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  26. 2022-03-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  27. 2022-03-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  28. 2022-03-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  29. 2022-03-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  30. 2022-03-15
    🔓
    Charge satisfied #16
  31. 2022-03-15
    🔓
    Charge satisfied #15
  32. 2022-03-15
    🔓
    Charge satisfied #14
  33. 2022-03-15
    🔓
    Charge satisfied #11
  34. 2022-03-15
    🔓
    Charge satisfied #10
  35. 2022-03-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  36. 2022-03-03
    🔒
    Charge registered #17
    Lender: Sanne Group (UK) Limited
  37. 2021-12-17
    🔒
    Charge registered #16
    Lender: Sanne Fiduciary Services Limited for Itself and as Security Agent.
  38. 2021-10-01
    BAILEY, Daniel Ernest resigned
    director
  39. 2019-04-05
    🔒
    Charge registered #15
    Lender: Sanne Fiduciary Services Limited (As Security Agent)
  40. 2018-10-04
    🔒
    Charge registered #14
    Lender: Sanne Fiduciary Services Limied (As Security Agent)
  41. 2017-06-07
    🔒
    Charge registered #13
    Lender: Hsbc Invoice Finance (UK) LTD
  42. 2017-06-07
    🔒
    Charge registered #12
    Lender: Hsbc Invoice Finance (UK) LTD
  43. 2017-02-02
    🔒
    Charge registered #11
    Lender: Sanne Fiduciary Services Limited
  44. 2015-06-03
    🔓
    Charge satisfied #9
  45. 2015-06-03
    🔓
    Charge satisfied #8
  46. 2015-03-11
    🔒
    Charge registered #10
    Lender: Sanne Fiduciary Services Limited as the Security Agent
  47. 2012-01-09
    🔓
    Charge satisfied #6
  48. 2012-01-09
    🔓
    Charge satisfied #4
  49. 2012-01-09
    🔓
    Charge satisfied #3
  50. 2012-01-09
    🔓
    Charge satisfied #2
Showing most recent 50 of 73 events

Owner dependency

48/100
Moderate — manageable with handover

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

40/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Kinaxia Transport & Warehousing Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Kinaxia Transport & Warehousing Limited
Corporate parent · holds 75-100% shares
ultimate parent
BAY FREIGHT LIMITED
This company · 01506710

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
Kinaxia Transport & Warehousing Limited
Corporate entity
75100%
75-100% shares06/04/2016

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

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 →
🔒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
Incorporated1980-07-08
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road

Registered office

Tameside Freight Terminal
Premier House Tame Street
Stalybridge
Cheshire
SK15 1ST

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-29
Last: 2025-12-15

Officers (4 active · 10 resigned)

BLAKELEY, Allan
director · ~55y · appointed 2026-02-01
View their other companies + combined net worth →
Active
COX, Graham John
director · ~58y · appointed 2025-04-07
View their other companies + combined net worth →
Active
JENKINS, Gareth
director · ~59y · appointed 2024-12-21
View their other companies + combined net worth →
Active
WARRILLOW, Benjamin James
director · ~52y · appointed 2024-12-21
View their other companies + combined net worth →
Active
BAILEY, Susan Joyce
secretary · resigned 2011-12-23
Resigned
BAILEY, Daniel Ernest
director · ~72y · appointed 2011-12-23 · resigned 2021-10-01
Resigned
BAILEY, Daniel Ernest
director · ~72y · resigned 2011-12-23
Resigned
BAILEY, Ernest
director · ~98y · resigned 2011-12-23
Resigned
BAILEY, Graham Robert
director · ~69y · appointed 1999-02-04 · resigned 2006-10-19
Resigned
BAILEY, Susan Joyce
director · ~97y · resigned 2011-12-23
Resigned
FIELDS, Peter Richard
director · ~66y · appointed 2011-12-28 · resigned 2024-12-21
Resigned
GERMANY, Barry John
director · ~58y · appointed 2024-12-21 · resigned 2025-12-10
Resigned
MOORE, Harry Charles
director · ~104y · resigned 1999-02-15
Resigned
NORFOLK, Graham Richard
director · ~65y · appointed 2011-12-23 · resigned 2024-12-21
Resigned

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

Mortgages & charges

18
Total charges
4
Outstanding
3
Active lenders
Status:Lender:18 of 18 shown
TypeProperties
outstanding
Apex Group Hold Co (UK)
Apex Group Hold Co (UK) Limited
A registered charge21/12/2024
outstanding
Sanne Group (UK)
Sanne Group (UK) Limited
A registered charge03/03/2022
satisfied
Sanne Fiduciary Services for Itself and as Security Agent.
Sanne Fiduciary Services Limited for Itself and as Security Agent.
A registered charge1 property17/12/202115/03/2022
satisfied
Sanne Fiduciary Services (As Security Agent)
Sanne Fiduciary Services Limited (As Security Agent)
A registered charge1 property05/04/201915/03/2022
satisfied
Sanne Fiduciary Services Limied (As Security Agent)
A registered charge1 property04/10/201815/03/2022
outstanding
HSBC
Hsbc Invoice Finance (UK) LTD
A registered charge07/06/2017
outstanding
HSBC
Hsbc Invoice Finance (UK) LTD
A registered charge07/06/2017
satisfied
Sanne Fiduciary Services
Sanne Fiduciary Services Limited
A registered charge1 property02/02/201715/03/2022
satisfied
Sanne Fiduciary Services as the Security Agent
Sanne Fiduciary Services Limited as the Security Agent
A registered charge1 property11/03/201515/03/2022
satisfied
Barclays
Barclays Bank PLC
Guarantee & debenture1 property23/12/201103/06/2015
satisfied
Barclays
Barclays Bank PLC
Fixed & floating charge1 property23/12/201103/06/2015
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property03/11/200614/09/2010
satisfied
Griffin Credit Services
Griffin Credit Services Limited
Fixed charge on receivables and related rights1 property18/03/199809/01/2012
satisfied
Close Brothers
Close Brothers Limited
A credit agreement entitled "prompt credit application"1 property07/12/199202/06/1995
satisfied
Midland Bank
Midland Bank PLC
Charge2 properties30/03/199209/01/2012
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property06/03/199209/01/2012
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property06/02/198509/01/2012
satisfied
Midland Bank
Midland Bank PLC
Charge1 property29/05/198409/01/2012
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (160 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-03-06
termination-director-company-with-name-termination-date
officers · TM01
2026-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-16
accounts-with-accounts-type-full
accounts · AA
2025-09-29
appoint-person-director-company-with-name-date
officers · AP01
2025-04-07
second-filing-of-director-appointment-with-name
officers · RP04AP01
2025-03-14
accounts-with-accounts-type-full
accounts · AA
2025-01-31
termination-director-company-with-name-termination-date
officers · TM01
2025-01-09
termination-director-company-with-name-termination-date
officers · TM01
2025-01-09
appoint-person-director-company-with-name-date
officers · AP01
2025-01-09
appoint-person-director-company-with-name-date
officers · AP01
2025-01-09
appoint-person-director-company-with-name-date
officers · AP01
2025-01-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-09