ACTION ROADWAYS LIMITED

🌳Matureactive
01600790 · ltd · incorporated 1981-11-30
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
year to Dec 2024
Net worth
£366.1k
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
ALSO REGISTERED FOR
  • 50200SIC 50200
  • 51210SIC 51210
  • 52290Other transportation support activities
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 80/100 (exceptional), bankability 85/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -82% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 14.8y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 14.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
127 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
75
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 · accounting standard not declared
Positive net assets
Net assets £366,126
Net assets shrinking
Down £163,200 YoY
Cash draining
Cash down 82% YoY
Cash YoY
-82%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£13k
↓ 82% YoY
Net Worth
£366k
↓ 31% YoY
Current Assets
£641k
↓ 15% YoY
Current Liabilities
£0£150k£301k£451k£602k£752kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£445.0k£640.1k
Current assets£641.3k£752.4k
Cash£13.0k£71.8k
Debtors£628.3k£680.6k
Net assets£366.1k£529.3k

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-09-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2025-03-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-03-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-11-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-04-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-03-31
    THOMPSON, Stephen Alexander resigned
    director
  10. 2023-10-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2023-10-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2023-10-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2023-02-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2023-02-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2023-02-02
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2022-12-01
    KOYDENGOCTU, Pinar appointed
    director
  18. 2022-11-30
    KOYDENGOCTU, Pinar resigned
    secretary
  19. 2022-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2021-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2020-12-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2018-07-26
    KOYDENGOCTU, Sela appointed
    director
  23. 2018-07-26
    KOYDENGOCTU, Pinar appointed
    secretary
  24. 2018-07-26
    SPENWYN, Sonia Michelle resigned
    secretary
  25. 2018-07-26
    ELLIS, Alan Alfred resigned
    director
  26. 2018-07-26
    SPENWYN, David Leslie resigned
    director
  27. 2018-06-13
    🔓
    Charge satisfied #1
  28. 2011-08-04
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  29. 2007-03-19
    ELLIS, Martin Lawrence resigned
    director
  30. 2005-08-01
    ELLIS, Martin Lawrence appointed
    director
  31. 2005-08-01
    THOMPSON, Stephen Alexander appointed
    director
  32. 2000-11-10
    SPENWYN, Sonia Michelle appointed
    secretary
  33. 2000-09-10
    SPENWYN, Leslie Victor resigned
    secretary
  34. 1981-11-30
    🏢
    Company incorporated
    As ACTION ROADWAYS LIMITED

Owner dependency

74/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

16/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — KOYDENGOCTU, Pinar (same surname) appointed 2022-12-01. Pattern consistent with intra-family handover.
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 44 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

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

🏛️
Atanak Forwarding Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ACTION ROADWAYS LIMITED
This company · 01600790

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
Atanak Forwarding Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control09/09/2025
4 historic (ceased) PSCs
  • Mr Sela Koydengoctuceased 09/09/2025· 25-50% shares · firm interest
  • Mr Selahittin Koydengoctuceased 11/02/2020· 75-100% shares · 75-100% voting · board control · significant influence · firm interest
  • Mr David Leslie Spenwynceased 26/07/2018· 50-75% shares
  • Mr Alan Alfred Ellisceased 26/07/2018· 25-50% shares

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

6 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
Incorporated1981-11-30
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road

Registered office

Action Roadways Ltd
Unit 4 & 5, Viking Way
Erith
DA8 1EW
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-11
Last: 2025-11-27

Officers (2 active · 7 resigned)

KOYDENGOCTU, Pinar
director · ~47y · appointed 2022-12-01
View their other companies + combined net worth →
Active
KOYDENGOCTU, Sela
director · ~58y · appointed 2018-07-26
View their other companies + combined net worth →
Active
KOYDENGOCTU, Pinar
secretary · appointed 2018-07-26 · resigned 2022-11-30
Resigned
SPENWYN, Leslie Victor
secretary · resigned 2000-09-10
Resigned
SPENWYN, Sonia Michelle
secretary · appointed 2000-11-10 · resigned 2018-07-26
Resigned
ELLIS, Alan Alfred
director · ~85y · resigned 2018-07-26
Resigned
ELLIS, Martin Lawrence
director · ~61y · appointed 2005-08-01 · resigned 2007-03-19
Resigned
SPENWYN, David Leslie
director · ~68y · resigned 2018-07-26
Resigned
THOMPSON, Stephen Alexander
director · ~60y · appointed 2005-08-01 · resigned 2024-03-31
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property04/08/201113/06/2018

Recent filings (127 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-09-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-24
change-person-director-company-with-change-date
officers · CH01
2025-03-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-19
termination-director-company-with-name-termination-date
officers · TM01
2024-04-18
change-person-director-company-with-change-date
officers · CH01
2023-10-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29