A & F HAULAGE LIMITED
Opportunity 79/100 (strong), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (78/100).
Refinance opportunity
7 live charges · 4 lenders · oldest 19.3y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 19.3 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: medium (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2024-07-31 |
|---|---|
| Turnover | £20.57M |
| Gross profit | £20.57M |
| Profit before tax | £1.88M |
| Average employees | 17500 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 mortgage
- • 1 confirmation-statement
- • 1 mortgage
- • 1 confirmation-statement
Corporate timeline (41 events)Click to expand
- 2026-03-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-26🔓Charge satisfied #7
- 2025-07-08📄accounts-with-accounts-type-fullaccounts · AA
- 2025-03-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-06🔒Charge registered #7Lender: Arkle Finance LTD
- 2025-01-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-05-13📄accounts-with-accounts-type-fullaccounts · AA
- 2023-02-16📄accounts-amended-with-made-up-dateaccounts · AAMD
- 2023-01-08📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-11-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-11-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-09-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-09-01➕MAJEED, Hammad appointeddirector
- 2021-09-01➖RAZA, Masood resigneddirector
- 2020-12-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-07-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-09-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-09-10🔒Charge registered #6Lender: Hsbc UK Bank PLC
- 2019-07-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-07-09➕RAZA, Masood appointeddirector
- 2019-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-04-29🔒Charge registered #5Lender: Hsbc UK Bank PLC
- 2019-04-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-03-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-03-18🔓Charge satisfied #4
- 2019-03-18🔓Charge satisfied #3
- 2019-03-18🔓Charge satisfied #2
- 2019-03-16🔓Charge satisfied #1
- 2013-04-30🔒Charge registered #4Lender: Rbs Invoice Finance Limited
- 2012-03-28🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2010-10-01➕MAJEED, Liaqat Ali appointeddirector
- 2010-10-01➖NAZIR, Razia resigneddirector
- 2007-09-19🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2007-01-15🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2006-02-14➕MAJEED, Liaqat Ali appointedsecretary
- 2006-02-14➕NAZIR, Razia appointeddirector
- 2005-07-25🏢Company incorporatedAs A & F HAULAGE LIMITED
- 2005-07-25➕HCS SECRETARIAL LIMITED appointedcorporate-nominee-secretary
- 2005-07-25➖HCS SECRETARIAL LIMITED resignedcorporate-nominee-secretary
- 2005-07-25➕HANOVER DIRECTORS LIMITED appointedcorporate-nominee-director
- 2005-07-25➖HANOVER DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- primaryFamily succession underway: Not a takeover target — MAJEED, Hammad (same surname) appointed 2021-09-01. Pattern consistent with intra-family handover.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 16 years.
- 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
1 med ·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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Liaquat Ali Majeed Individual · British · DOB 06/1968 · age 58 | 50–75% | — | 50-75% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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6 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 →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
Registered office
Filing status
Officers (3 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Arkle Finance Arkle Finance LTD | A registered charge | 1 property | 06/03/2025 | 26/03/2026 | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 10/09/2019 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 29/04/2019 | — | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | A registered charge | 1 property | 30/04/2013 | 18/03/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 2 properties | 28/03/2012 | 18/03/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Charge of deposit | 1 property | 19/09/2007 | 18/03/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 15/01/2007 | 16/03/2019 |