BALKANS DIRECT LIMITED

🏛️Establishedactive
10848877 · ltd · incorporated 2017-07-04
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
—
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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 (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 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
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees600600

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

🔒Filing-note intelligence

4 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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
6
filings
  • • 2 persons-with-significant-control
  • • 2 capital
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-04-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-04-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2026-01-22
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2026-01-21
    📄
    capital-cancellation-shares
    capital · SH06
  5. 2026-01-21
    📄
    capital-return-purchase-own-shares
    capital · SH03
  6. 2025-12-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2025-04-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2025-04-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2025-04-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2025-04-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2025-04-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2025-01-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2024-12-20
    📄
    capital-return-purchase-own-shares
    capital · SH03
  14. 2024-12-19
    📄
    capital-cancellation-shares
    capital · SH06
  15. 2024-08-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2024-04-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2023-10-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-10-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2022-07-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2022-07-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2018-02-01
    ➖
    NAPIER, Stuart resigned
    director
  22. 2018-01-01
    ➖
    PETTIFER, Steven Russell resigned
    director
  23. 2017-07-04
    🏢
    Company incorporated
    As BALKANS DIRECT LIMITED
  24. 2017-07-04
    ➕
    NEWMAN, Colin appointed
    director
  25. 2017-07-04
    ➕
    PURCHASE, Geoffrey Mark appointed
    director
  26. 2017-07-04
    ➕
    NAPIER, Stuart appointed
    director
  27. 2017-07-04
    ➕
    PETTIFER, Steven Russell appointed
    director

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Freight Direct Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Freight Direct Limited
Corporate parent · holds 25-50% shares
significant stake
⬇
BALKANS DIRECT LIMITED
This company · 10848877

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Colin Newman
Individual · British · DOB 02/1971 · age 55
50–75%
50–75%board control50-75% shares · 50-75% voting · board control30/10/2024
Freight Direct Limited
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting04/07/2017
2 historic (ceased) PSCs
  • Mr Geoffrey Mark Purchaseceased 05/07/2017· 50-75% shares · 50-75% voting · board control
  • Mr Steven Russell Pettiferceased 05/07/2017· 50-75% shares · 50-75% 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2017-07-04
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road

Registered office

John Bywater House Pike Road Industrial Estate
Pike Road
Eythorne
Kent
CT15 4ND

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-18
Last: 2026-04-04

Officers (2 active · 2 resigned)

NEWMAN, Colin→
director · ~55y · appointed 2017-07-04
View their other companies + combined net worth →
Active
PURCHASE, Geoffrey Mark→
director · ~64y · appointed 2017-07-04
View their other companies + combined net worth →
Active
NAPIER, Stuart→
director · ~58y · appointed 2017-07-04 · resigned 2018-02-01
Resigned
PETTIFER, Steven Russell→
director · ~62y · appointed 2017-07-04 · resigned 2018-01-01
Resigned

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

Recent filings (38 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-04-01
resolution
resolution · RESOLUTIONS
2026-01-22
capital-cancellation-shares
capital · SH06
2026-01-21
capital-return-purchase-own-shares
capital · SH03
2026-01-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-07
change-person-director-company-with-change-date
officers · CH01
2025-04-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-04-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-13
capital-return-purchase-own-shares
capital · SH03
2024-12-20