ALLWAYS FORKTRUCK SERVICES LIMITED

🌳Matureactive
03310394 · ltd · incorporated 1997-01-30
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
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Turnover
year to Dec 2025
Net worth
£4.13M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Repair of machinery
Sector: Manufacturing
ALSO REGISTERED FOR
  • 77120Renting and leasing of trucks and other heavy vehicles
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (83/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 24.4y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 24.4 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
82 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 · accounting standard not declared
Positive net assets
Net assets £4,133,171
Cash YoY
+52%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2.0m
↑ 52% YoY
Net Worth
£4.1m
↑ 9.5% YoY
Current Assets
£2.7m
↑ 34% YoY
Current Liabilities
£0£827k£1.7m£2.5m£3.3m£4.1mDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-31
Total assets£4.60M£4.27M
Current assets£2.66M£1.99M
Cash£2.03M£1.33M
Debtors£375.3k£398.3k
Net assets£4.13M£3.77M

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
1
filing
  • 1 officers
Last 180 days
3
filings
  • 1 officers
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-04-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-03-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-11-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-11-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-11-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-11-21
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2025-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2025-07-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2025-07-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2025-07-08
    🔓
    Charge satisfied #1
  11. 2024-07-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-07-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2023-01-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2023-01-01
    PILKINGTON, Linda Joyce appointed
    director
  15. 2022-08-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-08-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-12-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2020-04-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-04-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2002-02-18
    🔒
    Charge registered #4
    Lender: Mr Andrew Pilkington & Mrs Linda Pilkington
  21. 2002-02-05
    🔒
    Charge registered #2
    Lender: Yorkshire Bank PLC
  22. 2002-01-14
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Commercial Finance Limited T/a Alex Lawrie Factors
  23. 1997-01-31
    PILKINGTON, Linda Joyce appointed
    secretary
  24. 1997-01-31
    PILKINGTON, Andrew appointed
    director
  25. 1997-01-31
    ASHBURTON REGISTRARS LIMITED resigned
    corporate-nominee-secretary
  26. 1997-01-31
    AR NOMINEES LIMITED resigned
    corporate-nominee-director
  27. 1997-01-30
    🏢
    Company incorporated
    As ALLWAYS FORKTRUCK SERVICES LIMITED
  28. 1997-01-30
    ASHBURTON REGISTRARS LIMITED appointed
    corporate-nominee-secretary
  29. 1997-01-30
    AR NOMINEES LIMITED appointed
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Andrew Pilkington
Individual · British · DOB 12/1952 · age 74
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mrs Linda Joyce Pilkington
Individual · British · DOB 06/1953 · age 73
2550%
25-50% 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

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
Incorporated1997-01-30
Jurisdictionengland-wales
Primary SIC33120 — Repair of machinery

Registered office

Between 84 & 86 Victory Rd Victory Road
Derby
DE24 8ER
England

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-02-09
Last: 2026-01-26

Officers (3 active · 2 resigned)

PILKINGTON, Linda Joyce
secretary · appointed 1997-01-31
View their other companies + combined net worth →
Active
PILKINGTON, Andrew
director · ~74y · appointed 1997-01-31
View their other companies + combined net worth →
Active
PILKINGTON, Linda Joyce
director · ~73y · appointed 2023-01-01
View their other companies + combined net worth →
Active
ASHBURTON REGISTRARS LIMITED
corporate-nominee-secretary · appointed 1997-01-30 · resigned 1997-01-31
Resigned
AR NOMINEES LIMITED
corporate-nominee-director · appointed 1997-01-30 · resigned 1997-01-31
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Mr Andrew Pilkington & Mrs Linda Pilkington
Debenture1 property18/02/2002
outstanding
Virgin Money
Yorkshire Bank PLC
Debenture1 property05/02/2002
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited T/a Alex Lawrie Factors
All assets debenture1 property14/01/200208/07/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (82 total)

change-person-director-company-with-change-date
officers · CH01
2026-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-21
change-person-director-company-with-change-date
officers · CH01
2025-11-21
change-person-secretary-company-with-change-date
officers · CH03
2025-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-17
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-26