CARGOWAYS LOGISTICS & TRANSPORT LTD
Opportunity 65/100 (strong), bankability 65/100. 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 -59% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total assets | £366.3k | £645.7k |
| Current assets | £730.8k | £1.07M |
| Cash | £225.7k | £548.2k |
| Debtors | £505.1k | £519.2k |
| Net assets | £366.0k | £645.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
Corporate timeline (17 events)Click to expand
- 2026-05-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-08-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-08-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-05-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-05-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-04-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-06-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-10-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-10-21📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-09-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-09-22📄accounts-with-accounts-type-audited-abridgedaccounts · AA
- 2017-03-16📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2016-05-25🏢Company incorporatedAs CARGOWAYS LOGISTICS & TRANSPORT LTD
- 2016-05-25➕DUBEN, Michael appointeddirector
- 2016-05-25➕FRAGNER, Stefan appointeddirector
- 2016-05-25📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-06-07
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Duben Individual · Austrian · DOB 10/1982 · age 44 | — | — | board controlboard control | 01/10/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 (2 active · 0 resigned)
Click a director name to see their full track record across all companies.