BALAN HGV DELIVERY LTD
💤Zombieactive
10454130 · ltd · incorporated 2016-10-31
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 Oct 2024
Net worth
£390
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £390
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£390
Current Assets
£5k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £6.6k | — |
| Current assets | £5.5k | — |
| Net assets | £390 | — |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2025-09-24➖BALAN, Marian resigneddirector
- 2025-09-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-09-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-01-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-09-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-09-27➕BALAN, Marian appointeddirector
- 2022-03-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-10-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-01-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-14➕BALAN, Ovidiu appointeddirector
- 2020-08-14➖BALAN, Marian resigneddirector
- 2020-08-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-08-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-08-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-07-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-23➖BALAN, Ovidiu resigneddirector
- 2018-09-01➕BALAN, Marian appointeddirector
- 2016-10-31🏢Company incorporatedAs BALAN HGV DELIVERY LTD
- 2016-10-31➕BALAN, Ovidiu appointeddirector
Owner dependency
90/100
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.
- +Founder name in company name: Company name contains director surname "BALAN" — strong identity link between founder and business.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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 Ovidiu Balan Individual · Romanian · DOB 07/1988 · age 38 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 14/08/2020 |
2 historic (ceased) PSCs
- Mr Marian Balanceased 24/09/2025· 25-50% shares · 25-50% voting · board control
- Mr Ovidiu Balanceased 23/09/2019· 75-100% shares · 75-100% voting · board control
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 →Similar companies
Active · Transport & logistics · HP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ASPIRE CARS G/X LIMITED→ 14311439 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ASPIRE EXECUTIVE CARS LTD→ 14656654 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AWAY RESORTS (TRANSPORT) LIMITED→ 06561381 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| AYLESBURY SERVICES LTD→ 15005837 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| B2 EXECUTIVE CARS LTD→ 14554765 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BAL COURIER1 LTD→ 15155828 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BARTEKKALAN LTD→ 10025911 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BBQ ORIGINAL LIMITED→ 09521802 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| BEACONSFIELD TAXI SERVICES LIMITED→ 14234179 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BEESKNEESEXECUTIVE LTD→ 16606393 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BENTLEY LOGISTICS LIMITED→ 14757169 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BERKHAMSTED AIRPORT TAXI LTD→ 16429439 · 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
Incorporated2016-10-31
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road
Registered office
88 Westfield Road
Berkhamsted
HP4 3PW
England
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-09-25
Last: 2025-09-11
Officers (1 active · 3 resigned)
BALAN, Ovidiu→
Activedirector · ~38y · appointed 2020-08-14
View their other companies + combined net worth →
BALAN, Marian→
Resigneddirector · ~33y · appointed 2022-09-27 · resigned 2025-09-24
BALAN, Marian→
Resigneddirector · ~33y · appointed 2018-09-01 · resigned 2020-08-14
BALAN, Ovidiu→
Resigneddirector · ~38y · appointed 2016-10-31 · resigned 2019-09-23
Click a director name to see their full track record across all companies.
Recent filings (38 total)
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-24
termination-director-company-with-name-termination-date
officers · TM01
2025-09-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-28
appoint-person-director-company-with-name-date
officers · AP01
2022-09-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-23