ALLENSWAY TRANSPORT LIMITED

💤Zombieactive
05079635 · ltd · incorporated 2004-03-22
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 2023
Net worth
£789.2k
book net assets
Opportunity
56/100
Worth a look
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 56/100 (worth a look), bankability 47/100. Strong seller-intent signal (63/100, director aged 53). Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 21.8y

15/100
under pressure

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

  • · Oldest live charge is 21.8 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
51 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
56/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
60
Some acquirability indicators.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £789,160

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£789k
↑ 3.1% YoY
Current Assets
£790k
↓ 77% YoY
Current Liabilities
£0£680k£1.4m£2.0m£2.7m£3.4mSept 2022Sept 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2023-09-302022-09-30
Total assets£789.2k£1.55M
Current assets£789.8k£3.40M
Net assets£789.2k£765.7k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2024-06-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2023-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2022-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2021-09-27
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  5. 2021-04-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2019-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2018-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2017-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-10-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2017-10-04
    🔓
    Charge satisfied #3
  11. 2017-07-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2017-07-21
    🔓
    Charge satisfied #2
  13. 2017-03-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2017-03-03
    🔒
    Charge registered #3
    Lender: Bibby Financial Services LTD (As Security Trustee)
  15. 2016-12-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-03-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2016-02-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2016-02-05
    🔓
    Charge satisfied #1
  19. 2015-12-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2015-03-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2015-03-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2013-12-10
    🔒
    Charge registered #2
    Lender: Lloyds Bank Commercial Finance LTD
  23. 2004-08-31
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  24. 2004-03-22
    🏢
    Company incorporated
    As ALLENSWAY TRANSPORT LIMITED
  25. 2004-03-22
    WILLIAMSON, Shirley appointed
    secretary
  26. 2004-03-22
    WILLIAMSON, Allen appointed
    director

Owner dependency

90/100
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.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 22 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-06-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-04-05

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Allen Williamson
Individual · British · DOB 12/1973 · age 53
75100%
75-100% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2004-03-22
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road

Registered office

Prospect House Howden Road
Holme On Spalding Moor
York
North Yorkshire
YO43 4BT

Filing status

Accounts
Next due: 2025-06-30OVERDUE
Last made up to: 2023-09-30
Confirmation statement
Next due: 2025-04-05OVERDUE
Last: 2024-03-22

Officers (2 active · 0 resigned)

WILLIAMSON, Shirley
secretary · appointed 2004-03-22
View their other companies + combined net worth →
Active
WILLIAMSON, Allen
director · ~53y · appointed 2004-03-22
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Bibby Financial Services
Bibby Financial Services LTD (As Security Trustee)
A registered charge4 properties03/03/201704/10/2017
satisfied
Lloyds Banking Group
Lloyds Bank Commercial Finance LTD
A registered charge1 property10/12/201321/07/2017
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property31/08/200405/02/2016

Recent filings (51 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-13
change-account-reference-date-company-current-extended
accounts · AA01
2021-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-03-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-12-28