ANDREWS SHIPPING AND FORWARDING LIMITED

🌳Matureactive

05640055 · ltd · incorporated 2005-11-30

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£1.18M

book net assets

Opportunity

73/100

Strong

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What this business does

Primary activity: SIC 50200

Sector: Transportation & storage

ALSO REGISTERED FOR

52101SIC 52101
52241SIC 52241
52290Other transportation support activities

Investor take

Special-situation opportunity

Distressed transport with salvageable qualities — special-situations priority.

Opportunity 73/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

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, 4 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

7 officers (4 active, 7 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

59 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £1,180,850

Cash YoY

-9%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£1.0m

↓ 8.6% YoY

Net Worth

£1.2m

↑ 2.4% YoY

Current Assets

£2.4m

↑ 38% 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	£1.18M	£1.15M
Current assets	£2.41M	£1.74M
Cash	£1.04M	£1.14M
Debtors	£1.37M	£604.1k
Net assets	£1.18M	£1.15M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2025-12-31
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-31
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-31
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-29
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-03-30
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-03-26
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-12-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-03-19
📄
change-account-reference-date-company-current-extended
accounts · AA01
2019-02-06
📄
second-filing-of-director-appointment-with-name
officers · RP04AP01
2018-12-06
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2018-12-04
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2018-12-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-12-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-12-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-11-28
➕
SPYROU, Andrew appointed
director
2018-11-28
➕
SPYROU, Despina appointed
director
2018-11-28
➕
SPYROU, Kristy appointed
director
2018-11-28
➖
SPYROU, Despina resigned
secretary
2018-08-31
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-03-03
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2005-11-30
🏢
Company incorporated
As ANDREWS SHIPPING AND FORWARDING LIMITED
2005-11-30
➕
SPYROU, Spyrakis Andreas appointed
director
2005-11-30
➕
SPYROU, Despina appointed
secretary
2005-11-30
➕
TEMPLE SECRETARIES LIMITED appointed
corporate-nominee-secretary
2005-11-30
➖
TEMPLE SECRETARIES LIMITED resigned
corporate-nominee-secretary
2005-11-30
➕
COMPANY DIRECTORS LIMITED appointed
corporate-nominee-director
2005-11-30
➖
COMPANY DIRECTORS LIMITED resigned
corporate-nominee-director

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 71 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

85/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
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.

Red flags

1 high ·

Confirmation statement overdue

high

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

Evidence: Next due: 2026-04-26

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Despina Spyrou Individual · British · DOB 03/1960 · age 66	25–50%	—	25-50% shares	28/11/2018
Mr Spyrakis Andreas Spyrou Individual · British · DOB 01/1955 · age 71	25–50%	—	25-50% shares	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 →

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AM TRANS SERVICE LTD→ 12822706 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
AMIGOS TRANSPORT LTD→ 09183491 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
ANAMAR LIMITED→ 04607766 · est 2002 · no financials extracted	—	—	—	—	23y	—	—
ANDREW SERVICES LTD→ 11778897 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
ANDRZEJ TRANSPORT LONDON LTD→ 11212776 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
ANGURA TRADE & COURIER SERVICES LTD→ 16160044 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ANTOINE MENDY LIMITED→ 12200598 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
ANTONY JON LTD→ 14450058 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ANYDAYSOON LTD→ 12405457 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
AONDOVER INVESTMENT LIMITED→ 10966208 · est 2017 · no financials extracted	—	—	—	—	8y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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.

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Company details

Statusactive

Typeltd

Incorporated2005-11-30

Jurisdictionengland-wales

Primary SIC50200 — SIC 50200

Registered office

178 Seven Sisters Road

London

N7 7PX

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-04-26OVERDUE

Last: 2025-04-12

Officers (4 active · 3 resigned)

SPYROU, Andrew→

director · ~42y · appointed 2018-11-28

View their other companies + combined net worth →

Active

SPYROU, Despina→

director · ~66y · appointed 2018-11-28

View their other companies + combined net worth →

Active

SPYROU, Kristy→

director · ~42y · appointed 2018-11-28

View their other companies + combined net worth →

Active

SPYROU, Spyrakis Andreas→

director · ~71y · appointed 2005-11-30

View their other companies + combined net worth →

Active

SPYROU, Despina→

secretary · appointed 2005-11-30 · resigned 2018-11-28

Resigned

TEMPLE SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 2005-11-30 · resigned 2005-11-30

Resigned

COMPANY DIRECTORS LIMITED→

corporate-nominee-director · appointed 2005-11-30 · resigned 2005-11-30

Resigned

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