021 NETWORK LIMITED
🌳Matureactive
04161880 · ltd · incorporated 2001-02-16
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
—
Upgrade to see
Turnover
—
year to Dec 2023
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
PursueActive trading company with a 65-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
8 live charges · 6 lenders · oldest 23.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 23.1 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (73/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
15 officers (2 active, 15 linked, 9 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
117 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2023-12-31 |
|---|---|
| Average employees | 0 |
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
2
filings
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (63 events)Click to expand
- 2026-02-02📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-06📄accounts-with-accounts-type-smallaccounts · AA
- 2025-03-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-02📄resolutionresolution · RESOLUTIONS
- 2024-11-02📄memorandum-articlesincorporation · MA
- 2024-10-30📄statement-of-companys-objectschange-of-constitution · CC04
- 2024-09-30📄accounts-with-accounts-type-smallaccounts · AA
- 2024-08-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-07🔒Charge registered #8Lender: Hsbc UK Bank PLC
- 2024-08-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-08-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-20➕RODRIGUES, Phillip Alexander appointeddirector
- 2024-07-20➖WRIGHT, Troy Kent, Mr. resignedsecretary
- 2024-07-20➖WRIGHT, Troy Kent, Mr. resigneddirector
- 2023-09-26📄accounts-with-accounts-type-smallaccounts · AA
- 2023-04-12📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-04-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-04-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-04-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-23➖CARMINE, Giuseppe Luigi resigneddirector
- 2023-03-21➕KYRZAKOS, Nicholas, Mr. appointeddirector
- 2023-03-21➕WRIGHT, Troy Kent, Mr. appointedsecretary
- 2023-03-21➖STRACEY, Thomas George resigneddirector
- 2023-03-21➖STRACEY, William Russell resigneddirector
- 2023-03-21➕WRIGHT, Troy Kent, Mr. appointeddirector
- 2023-03-21🔒Charge registered #7Lender: Hsbc UK Bank PLC
- 2022-09-28📄accounts-with-accounts-type-smallaccounts · AA
- 2020-12-07🔓Charge satisfied #5
- 2020-12-03➕STRACEY, Thomas George appointeddirector
- 2020-12-03➕STRACEY, William Russell appointeddirector
- 2020-12-03🔓Charge satisfied #6
- 2020-12-01➖GILHESPY, Norman Richard resignedsecretary
- 2020-12-01➕CARMINE, Giuseppe Luigi appointeddirector
- 2020-12-01➖HARRIS, Geoffrey Christopher resigneddirector
- 2020-11-30🔓Charge satisfied #4
- 2020-11-30🔓Charge satisfied #3
- 2020-11-30🔓Charge satisfied #2
- 2020-11-30🔓Charge satisfied #1
- 2010-03-19🔒Charge registered #6Lender: Hitachi Capital (UK) PLC
- 2010-02-08🔒Charge registered #5Lender: Barclays Bank PLC
- 2007-04-22➖JACKSON, David Keith resigneddirector
- 2004-01-30🔒Charge registered #4Lender: London Scottish Invoice Finance LTD
- 2003-11-03🔒Charge registered #3Lender: London Scottish Finance LTD
- 2003-08-18🔒Charge registered #2Lender: Barclays Bank PLC
- 2003-04-14🔒Charge registered #1Lender: Sygnet Invoice Finance LTD
- 2001-11-14➕GILHESPY, Norman Richard appointedsecretary
Showing most recent 50 of 63 events
Owner dependency
73/100
High — earn-out structure requiredMaterial 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.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Rick White (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Rick White (Holdings) Limited
Corporate parent · holds 75-100% shares · board control
⬇
021 NETWORK LIMITED
This company · 04161880
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Rick White (Holdings) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/12/2020 |
1 historic (ceased) PSC
- Mr Geoffrey Christopher Harrisceased 01/12/2020· 75-100% shares · 75-100% voting · board control
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 →Similar companies
Active · Transport & logistics · WR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 35006 LOCOMOTIVE COMPANY LIMITED(THE)→ 01762406 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| 4U EMPLOYMENT LTD→ 15307354 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 50-CENT-ER LTD→ 10584560 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 91PS LTD→ 11569479 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A.P. HODGETTS LIMITED→ 04511388 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| A2P LOGISTICS LTD→ 16068126 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACCIDENT CLAIMS WORCESTER LIMITED→ 06561117 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| ACE CARS WORCESTER LTD→ 16096146 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACE DRIVER HIRE LTD→ 15277009 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACE TAXIS AND PRIVATE HIRE LIMITED→ 10388718 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ADAM MALACHOWSKI LTD→ 15047830 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADELIN TRANSPORT LTD→ 15194355 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2001-02-16
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road
Registered office
C/O White Logistics & Storage, Unit A Abbeyview Abbey View Road
Pinvin
Pershore
WR10 2DS
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-14
Last: 2026-01-31
Officers (2 active · 13 resigned)
KYRZAKOS, Nicholas, Mr.→
Activedirector · ~65y · appointed 2023-03-21
View their other companies + combined net worth →
RODRIGUES, Phillip Alexander→
Activedirector · ~59y · appointed 2024-07-20
View their other companies + combined net worth →
DAVIES, Dunstana Adeshola→
Resignedsecretary · appointed 2001-02-16 · resigned 2001-05-11
GILHESPY, Norman Richard→
Resignedsecretary · appointed 2001-11-14 · resigned 2020-12-01
TURNER, Keith→
Resignedsecretary · appointed 2001-05-11 · resigned 2001-11-14
WRIGHT, Troy Kent, Mr.→
Resignedsecretary · appointed 2023-03-21 · resigned 2024-07-20
CARMINE, Giuseppe Luigi→
Resigneddirector · ~56y · appointed 2020-12-01 · resigned 2023-03-23
DUFFY, Tyrone William→
Resigneddirector · ~67y · appointed 2001-05-11 · resigned 2001-11-14
HARRIS, Geoffrey Christopher→
Resigneddirector · ~73y · appointed 2001-05-11 · resigned 2020-12-01
JACKSON, David Keith→
Resigneddirector · ~75y · appointed 2001-05-11 · resigned 2007-04-22
STRACEY, Thomas George→
Resigneddirector · ~50y · appointed 2020-12-03 · resigned 2023-03-21
STRACEY, William Russell→
Resigneddirector · ~46y · appointed 2020-12-03 · resigned 2023-03-21
WRIGHT, Troy Kent, Mr.→
Resigneddirector · ~62y · appointed 2023-03-21 · resigned 2024-07-20
WATERLOW NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 2001-02-16 · resigned 2001-05-11
WATERLOW SECRETARIES LIMITED→
Resignedcorporate-nominee-director · appointed 2001-02-16 · resigned 2001-05-11
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
2
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | — | 07/08/2024 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | — | 21/03/2023 | — | |
| satisfied | Hitachi Capital (UK) Hitachi Capital (UK) PLC | Debenture | 1 property | 19/03/2010 | 03/12/2020 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 08/02/2010 | 07/12/2020 | |
| satisfied | London Scottish Invoice Finance London Scottish Invoice Finance LTD | Agreement | 1 property | 30/01/2004 | 30/11/2020 | |
| satisfied | London Scottish Finance London Scottish Finance LTD | Agreement | 1 property | 03/11/2003 | 30/11/2020 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 2 properties | 18/08/2003 | 30/11/2020 | |
| satisfied | Sygnet Invoice Finance Sygnet Invoice Finance LTD | Agreement | 1 property | 14/04/2003 | 30/11/2020 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (117 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-13
change-person-director-company-with-change-date
officers · CH01
2026-02-02
accounts-with-accounts-type-small
accounts · AA
2025-10-06
change-person-director-company-with-change-date
officers · CH01
2025-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-13
resolution
resolution · RESOLUTIONS
2024-11-02
memorandum-articles
incorporation · MA
2024-11-02
statement-of-companys-objects
change-of-constitution · CC04
2024-10-30
accounts-with-accounts-type-small
accounts · AA
2024-09-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-09
termination-secretary-company-with-name-termination-date
officers · TM02
2024-08-01
termination-director-company-with-name-termination-date
officers · TM01
2024-08-01
appoint-person-director-company-with-name-date
officers · AP01
2024-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-04
accounts-with-accounts-type-small
accounts · AA
2023-09-26