365 LOGISTICS LIMITED
💤Zombieactive
05379988 · ltd · incorporated 2005-03-02
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 Mar 2025
Net worth
£149.1k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Postal activities under universal service obligation
Sector: Transportation & storage
Investor take
PursueStrong 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: Cash flow review and working-capital discipline. Cash down -99% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 4.9y
35/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.9 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (76/100)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
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
53 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 · FRS 102Positive net assets
Net assets £149,077
Net assets shrinking
Down £46,538 YoY
Cash draining
Cash down 99% YoY
Cash YoY
-99%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£228
↓ 99% YoY
Net Worth
£149k
↓ 24% YoY
Current Assets
£288k
↓ 35% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £311.9k | £258.0k |
| Current assets | £288.2k | £442.9k |
| Cash | £228 | £26.1k |
| Debtors | £287.9k | £416.9k |
| Net assets | £149.1k | £195.6k |
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 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-07-02🔒Charge registered #1Lender: Barclays Security Trustee Limited
- 2020-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-09-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-18📄capital-allotment-sharescapital · SH01
- 2015-11-15📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2005-03-03➕STREETER, Andrew William appointedsecretary
- 2005-03-03➕BANNISTER, Richard Frederick appointeddirector
- 2005-03-02🏢Company incorporatedAs 365 LOGISTICS LIMITED
- 2005-03-02➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2005-03-02➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2005-03-02➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
- 2005-03-02➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
Owner dependency
85/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong 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 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 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
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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Frederick Bannister Individual · British · DOB 08/1975 · age 51 | — | — | sig. influencesignificant influence | 02/03/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Transport & logistics · NG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 365 PLANT AND WASTE MANAGEMENT LTD→ 15756315 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 365-247 COURIERS LIMITED→ 16722881 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3A COURIER LTD→ 16919278 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3D CONSULTING SERVICES LIMITED→ 15724742 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 4 GARDEN LTD→ 10609989 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 500BP LIMITED→ 15562130 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 6 FIVE 2'S MANSFIELD LIMITED→ 16462994 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 816 LOGISTICS LIMITED→ 13651257 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A & C PARKER LTD→ 10635277 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| A 1 GURKHA TRAVELS LTD→ 16123982 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A BRITISH COURIER LTD→ 16385735 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A-CREED HAULAGE LTD→ 16616235 · 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
Incorporated2005-03-02
Jurisdictionengland-wales
Primary SIC53100 — Postal activities under universal service obligation
Registered office
550 Valley Road
Basford
Nottingham
Nottinghamshire
NG5 1JJ
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-16
Last: 2026-03-02
Officers (2 active · 2 resigned)
STREETER, Andrew William→
Activesecretary · appointed 2005-03-03
View their other companies + combined net worth →
BANNISTER, Richard Frederick→
Activedirector · ~51y · appointed 2005-03-03
View their other companies + combined net worth →
FORM 10 SECRETARIES FD LTD→
Resignedcorporate-nominee-secretary · appointed 2005-03-02 · resigned 2005-03-02
FORM 10 DIRECTORS FD LTD→
Resignedcorporate-nominee-director · appointed 2005-03-02 · resigned 2005-03-02
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 02/07/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (53 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-16