AA XPRESS LTD

💤Zombieactive
12176066 · ltd · incorporated 2019-08-27
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
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Turnover
year to Aug 2024
Net worth
£182.0k
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
ALSO REGISTERED FOR
  • 52103SIC 52103
  • 53100Postal activities under universal service obligation
Investor take
Special-situation opportunity
Distressed transport with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), 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: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £181,978

Key financials

2 years extracted from filed iXBRL accounts
Cash
£25k
Net Worth
£182k
Current Assets
£424k
Current Liabilities
£0£85k£170k£255k£340k£424kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£252.7k
Current assets£424.5k
Cash£24.6k
Debtors£307.3k
Net assets£182.0k

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
4
filings
  • 3 persons-with-significant-control
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-02-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-02-02
    BHULLAR, Kulvinder Kaur resigned
    director
  3. 2026-02-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2026-02-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2026-02-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-01-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-11-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-10-20
    📄
    capital-allotment-shares
    capital · SH01
  10. 2022-02-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-08-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2021-08-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-08-01
    BHULLAR, Kulvinder Kaur appointed
    director
  14. 2021-04-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-01-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2021-01-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2020-08-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2019-08-27
    🏢
    Company incorporated
    As AA XPRESS LTD
  19. 2019-08-27
    BHULLAR, Baltej Singh appointed
    director
  20. 2019-08-27
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some 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

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-27

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Baltej Singh Bhullar
Individual · British · DOB 01/1983 · age 43
75100%
75–100%board control75-100% shares · 75-100% voting · board control02/02/2026
2 historic (ceased) PSCs
  • Mrs Kulvinder Kaur Bhullarceased 01/02/2026· 75-100% shares · 75-100% voting · board control
  • Mr Baltej Singh Bhullarceased 01/01/2021· 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 →

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

8 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
Incorporated2019-08-27
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road

Registered office

Unit 3 Blezard Court
Transbritannia Enterprise Park
Blaydon-On-Tyne
NE21 5NH
England

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-02-27OVERDUE
Last: 2025-02-13

Officers (1 active · 1 resigned)

BHULLAR, Baltej Singh
director · ~43y · appointed 2019-08-27
View their other companies + combined net worth →
Active
BHULLAR, Kulvinder Kaur
director · ~45y · appointed 2021-08-01 · resigned 2026-02-02
Resigned

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

Recent filings (22 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-02
termination-director-company-with-name-termination-date
officers · TM01
2026-02-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-07
capital-allotment-shares
capital · SH01
2022-10-20
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-16
appoint-person-director-company-with-name-date
officers · AP01
2021-08-19
change-person-director-company-with-change-date
officers · CH01
2021-08-17