BORDER VANS LIMITED

💤Zombieactive

05910888 · ltd · incorporated 2006-08-21

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 2025

Net worth

£109

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Freight transport by road

Sector: Transportation & storage

Investor take

Pursue

Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 19.7y

45/100

under pressure

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

· Oldest live charge is 19.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

3 officers (2 active, 3 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

1 connected companies via shared directors

Filing history

44 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £109

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£109

Current Assets

£109

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-09-30	2024-09-30
Total assets	£109	—
Current assets	£109	—
Net assets	£109	—
Average employees	—	100

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

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2026-03-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-10-27
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2017-05-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-14
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-08-20
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-05-17
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-08-20
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-11-11
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-02-28
➖
BARRON, David resigned
director
2006-10-03
🔒
Charge registered #1
Lender: Hsbc Bank PLC
2006-08-21
🏢
Company incorporated
As BORDER VANS LIMITED
2006-08-21
➕
GORDON, Anthea Jayne appointed
secretary
2006-08-21
➕
ARMSTRONG, Stephen Derek appointed
director
2006-08-21
➕
BARRON, David appointed
director

Owner dependency

93/100

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 20 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

78/100

Likely off-market candidate

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 20 years.
secondaryStable-but-static management: Company is 20 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

clean

No 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 Stephen Derek Armstrong Individual · British · DOB 06/1965 · age 61	75–100%	75–100%	board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence	01/08/2016

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.

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Similar companies

Active · Transport & logistics · CA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ANDREW KELLY COURIERS LTD→ 16989424 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ANTHONY BELL LTD→ 16950202 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ART SERVICES (CUMBRIA) LIMITED→ 11015908 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
AWT TRANSPORT LIMITED→ 11821957 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
BAE TRADING LTD→ 11060690 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
BEACHES LOGISTICS (NORTH WEST) LTD→ 10897905 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
BIMSON HAULAGE LIMITED→ 06184911 · est 2007 · no financials extracted	—	—	—	—	19y	—	—
BOB ATKINSON TRANSPORT LIMITED→ 05355048 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
BONNIE LAD LOGISTICS LTD→ 13848185 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
BORDER TAXIS CARLISLE LTD→ 16256139 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
BOSS DELIVERIES LTD→ 11710328 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
BREWERS ROAD HAULAGE LTD→ 04387362 · est 2002 · no financials extracted	—	—	—	—	24y	—	—

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

Incorporated2006-08-21

Jurisdictionengland-wales

Primary SIC49410 — Freight transport by road

Registered office

106 Newfield Drive

Carlisle

Cumbria

CA3 0AF

Filing status

Accounts

Next due: 2027-06-30

Last made up to: 2025-09-30

Confirmation statement

Next due: 2026-09-01

Last: 2025-08-18

Officers (2 active · 1 resigned)

GORDON, Anthea Jayne→

secretary · appointed 2006-08-21

View their other companies + combined net worth →

Active

ARMSTRONG, Stephen Derek→

director · ~61y · appointed 2006-08-21

View their other companies + combined net worth →

Active

BARRON, David→

director · ~61y · appointed 2006-08-21 · resigned 2007-02-28

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	HSBC Hsbc Bank PLC	Debenture	1 property	03/10/2006	—

Click column headers to sort. Use filters above to narrow by status and lender.