BELT TRANSPORT LIMITED

💤Zombieactive
04322241 · ltd · incorporated 2001-11-14
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 Sept 2025
Net worth
£79.6k
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
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 bankable structure.

Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

1 live charge · oldest 11.1y

45/100
under pressure

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

  • · Oldest live charge is 11.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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, 1 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
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
60
Some acquirability indicators.
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 £79,619
Net assets shrinking
Down £11,171 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£80k
↓ 12% YoY
Current Assets
£142k
↑ 27% YoY
Current Liabilities
—
£0£28k£57k£85k£113k£142kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Total assets£252.4k£150.6k
Current assets£141.6k£111.9k
Cash—£30.8k
Debtors£141.6k£81.1k
Net assets£79.6k£90.8k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-02-02
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  5. 2023-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-08-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2021-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-08-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-08-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-11-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-06-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2015-06-22
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  16. 2015-06-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2013-09-09
    ➖
    BELT, Rachel resigned
    secretary
  18. 2013-09-09
    ➖
    BELT, Rachel Perdiguero resigned
    director
  19. 2001-11-14
    🏢
    Company incorporated
    As BELT TRANSPORT LIMITED
  20. 2001-11-14
    ➕
    BELT, Lyndon Bernard appointed
    director
  21. 2001-11-14
    ➕
    BELT, Rachel appointed
    secretary
  22. 2001-11-14
    ➕
    SAME-DAY COMPANY SERVICES LIMITED appointed
    corporate-nominee-secretary
  23. 2001-11-14
    ➖
    SAME-DAY COMPANY SERVICES LIMITED resigned
    corporate-nominee-secretary
  24. 2001-11-14
    ➕
    BELT, Rachel Perdiguero appointed
    director
  25. 2001-11-14
    ➕
    WILDMAN & BATTELL LIMITED appointed
    corporate-nominee-director
  26. 2001-11-14
    ➖
    WILDMAN & BATTELL LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "BELT" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Lyndon Bernard Belt
Individual · British · DOB 01/1971 · age 55
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

Similar companies

Active · Transport & logistics · SA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BLACK BELT DRIVER LTD→
16448243 · est 2025 · no financials extracted
———————
BRAVEY TRAVEL LTD→
16431091 · est 2025 · no financials extracted
———————
BRIAN RANNS TRADING LTD→
16560755 · est 2025 · no financials extracted
———————
BRIDGEND SELF STORAGE LTD→
03925385 · est 2000 · no financials extracted
————26y——
BTMC GROUP LIMITED→
16857200 · est 2025 · no financials extracted
———————
C K TRAVEL LIMITED→
08644371 · est 2013 · no financials extracted
————12y——
C.K. GOLDER LIMITED→
08662034 · est 2013 · no financials extracted
————12y——
CALL A CAB (CARMARTHENSHIRE) LTD→
08737281 · est 2013 · no financials extracted
————12y——
CAMERON NICHOLS LTD→
16225898 · est 2025 · no financials extracted
————1y——
CANOLFAN MAERDY→
06768110 · est 2008 · no financials extracted
————17y——
CARDIGAN BAY LEISURE VEHICLE STORAGE LTD→
11376959 · est 2018 · no financials extracted
————7y——
CARGO NOVA LOGISTICS LIMITED→
16443008 · est 2025 · no financials extracted
———————
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
Incorporated2001-11-14
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road

Registered office

Goose Green
Templeton
Narberth
Pembrokeshire
SA67 8SD

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-08-15
Last: 2025-08-01

Officers (1 active · 4 resigned)

BELT, Lyndon Bernard→
director · ~55y · appointed 2001-11-14
View their other companies + combined net worth →
Active
BELT, Rachel→
secretary · appointed 2001-11-14 · resigned 2013-09-09
Resigned
SAME-DAY COMPANY SERVICES LIMITED→
corporate-nominee-secretary · appointed 2001-11-14 · resigned 2001-11-14
Resigned
BELT, Rachel Perdiguero→
director · ~55y · appointed 2001-11-14 · resigned 2013-09-09
Resigned
WILDMAN & BATTELL LIMITED→
corporate-nominee-director · appointed 2001-11-14 · resigned 2001-11-14
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property22/06/2015—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (65 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-25
change-account-reference-date-company-current-shortened
accounts · AA01
2024-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-14