24TRANS LTD
💤Zombieactive
11886090 · ltd · incorporated 2019-03-15
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 Mar 2025
Net worth
£-9.7k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Wholesale of coffee, tea, cocoa and spices
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 49410Freight transport by road
- 49420Removal services
- 52290Other transportation support activities
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 78/100 (strong), bankability 85/100. 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 (73/100).
🏦
Refinance opportunity
1 live charge · oldest 6.3y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £9,659
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£10k
↓ 4.8% YoY
Current Assets
—
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 | £-9.7k | £-6.3k |
| Current assets | — | £393 |
| Cash | — | £393 |
| Net assets | £-9.7k | £-9.2k |
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
3
filings
- • 2 persons-with-significant-control
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2026-01-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-12-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-12-18📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2024-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-05➖GEORGIEVA, Ekaterina resigneddirector
- 2021-06-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-05-26➕GEORGIEVA, Ekaterina appointeddirector
- 2020-12-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-10-15🔓Charge satisfied #1
- 2020-04-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-01-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-01-15🔒Charge registered #1Lender: Skipton Business Finance Limited
- 2019-03-15🏢Company incorporatedAs 24TRANS LTD
- 2019-03-15➕KOSTADINOV, Ivan appointeddirector
- 2019-03-15📄incorporation-companyincorporation · NEWINC
Owner dependency
83/100
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.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple 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.
- 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ivan Slavchev Kostadinov Individual · Bulgarian · DOB 06/1962 · age 64 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 15/03/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · CR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 3FOLD TRADING LTD→ 16238661 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 9G MOBILE & VAPE LTD→ 16077462 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACACIAEXOTICS LTD→ 15894679 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACTION LONDON LIMITED→ 13307252 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ADVENTURE SPORTS & WORKWEAR LTD→ 16981969 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AIMTAH LTD→ 12922591 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AIRCRAFT PARTS & LOGISTICS LIMITED→ 04609439 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| AIZEL TRADERS LTD→ 15661203 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AJ'S BAZAAR LTD→ 12894197 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AL SHAMS GLOBAL TRADING LTD→ 17114856 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AL.SARAA LIMITED→ 16949332 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALASKA HORIZON LTD→ 09678634 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated2019-03-15
Jurisdictionengland-wales
Primary SIC46370 — Wholesale of coffee, tea, cocoa and spices
Registered office
Flat 4, Bluesky House
2a Brighton Road
South Croydon
CR2 6AA
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-31
Last: 2025-10-17
Officers (1 active · 1 resigned)
KOSTADINOV, Ivan→
Activedirector · ~64y · appointed 2019-03-15
View their other companies + combined net worth →
GEORGIEVA, Ekaterina→
Resigneddirector · ~37y · appointed 2021-05-26 · resigned 2021-10-05
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Skipton Business Finance Skipton Business Finance Limited | A registered charge | 1 property | 15/01/2020 | 15/10/2020 |
Recent filings (21 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-18
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-07
termination-director-company-with-name-termination-date
officers · TM01
2021-10-18
appoint-person-director-company-with-name-date
officers · AP01
2021-06-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-17