B A MORGAN LIMITED
🌳Matureactive
04896039 · ltd · incorporated 2003-09-11
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 15.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 82/100 (exceptional), bankability 85/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 15.2y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 15.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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 (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
64 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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 11 | 900 |
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 (28 events)Click to expand
- 2025-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-13➕MORGAN, Malcolm Kenneth appointeddirector
- 2023-09-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-06📄capital-allotment-sharescapital · SH01
- 2020-11-06📄capital-allotment-sharescapital · SH01
- 2020-11-06📄capital-allotment-sharescapital · SH01
- 2020-09-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-01-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-17📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-09-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-09-17📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-07-06🔓Charge satisfied #1
- 2011-03-24🔒Charge registered #1Lender: Finance Wales Investments (6) Limited
- 2003-09-11🏢Company incorporatedAs B A MORGAN LIMITED
- 2003-09-11➕MORGAN, Christine Ann appointedsecretary
- 2003-09-11➕MORGAN, Barry Alfred appointeddirector
- 2003-09-11➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2003-09-11➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2003-09-11➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
- 2003-09-11➖COMPANY DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
100/100
Critical — business is the founderThe 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.
- +Founder name in company name: Company name contains director surname "MORGAN" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 72 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFamily succession underway: Not a takeover target — MORGAN, Malcolm Kenneth (same surname) appointed 2023-11-13. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 72 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 23 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Barry Alfred Morgan Individual · British · DOB 11/1954 · age 72 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 · LD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ABERYSTWYTH STORAGE AND TRANSPORT LTD→ 10760551 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BLACK MIXEN LTD→ 16815022 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRECON STORAGE AND REMOVALS LTD→ 11220037 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BRECON TAKE AWAYS LIMITED→ 17052659 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CAPITAL TRANSPORT AND SHIPPING (UK) LIMITED→ 16276949 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ESPY LIMITED→ 03557386 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| EUROCONNEXXIONS LIMITED→ 05236245 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| GD MIDDLETON LIMITED→ 05614728 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| GEORGE'S TAXI 22 LTD→ 13346137 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| GUMISIL(UK) LTD→ 12101892 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| H. F. PUGH & SON LIMITED→ 07291914 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| HERDMAN COACHES LIMITED→ 09214814 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated2003-09-11
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road
Registered office
Wellfield House
Temple Street
Llandrindod Wells
Powys
LD1 5HG
United Kingdom
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-09-25
Last: 2025-09-11
Officers (3 active · 2 resigned)
MORGAN, Christine Ann→
Activesecretary · appointed 2003-09-11
View their other companies + combined net worth →
MORGAN, Barry Alfred→
Activedirector · ~72y · appointed 2003-09-11
View their other companies + combined net worth →
MORGAN, Malcolm Kenneth→
Activedirector · ~44y · appointed 2023-11-13
View their other companies + combined net worth →
TEMPLE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-09-11 · resigned 2003-09-11
COMPANY DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2003-09-11 · resigned 2003-09-11
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Finance Wales Investments (6) Finance Wales Investments (6) Limited | Debenture | 1 property | 24/03/2011 | 06/07/2016 |
Recent filings (64 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-14
appoint-person-director-company-with-name-date
officers · AP01
2023-11-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-11
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-27
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-01
capital-allotment-shares
capital · SH01
2020-11-06