ASPIRED LOGISTICS LIMITED

🏛️Establishedactive
13343614 · ltd · incorporated 2021-04-19
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
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Turnover
year to Mar 2025
Net worth
£-59.5k
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
  • 53201SIC 53201
  • 53202Unlicenced Carrier
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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: distressed disposal / insolvency (65/100).

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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
12 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 · FRS 102
Negative net assets
Liabilities exceed assets by £59,538
Net assets shrinking
Down £74,226 YoY
Cash YoY
+1813%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3k
↑ 1813% YoY
Net Worth
-£60k
↓ 505% YoY
Current Assets
£28k
↑ 48% YoY
Current Liabilities
-£60k-£42k-£25k-£7k£10k£28kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£133.7k£211.7k
Current assets£27.7k£18.7k
Cash£2.9k£150
Debtors£12.9k£2.1k
Net assets£-59.5k£14.7k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-12-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-02-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-09-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-02-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2021-10-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2021-10-10
    ORANGE, Maria Louise appointed
    director
  8. 2021-04-30
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  9. 2021-04-19
    🏢
    Company incorporated
    As ASPIRED LOGISTICS LIMITED
  10. 2021-04-19
    MERRIE, Jonathan appointed
    director
  11. 2021-04-19
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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: 2026-05-02

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Jonathan Merrie
Individual · British · DOB 05/1984 · age 42
sig. influencesignificant influence19/04/2021

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.

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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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2021-04-19
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road

Registered office

Unit 2, Gemini Point
Birch Wood Drive
Peterlee
SR8 2RS
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-02OVERDUE
Last: 2025-04-18

Officers (2 active · 0 resigned)

MERRIE, Jonathan
director · ~42y · appointed 2021-04-19
View their other companies + combined net worth →
Active
ORANGE, Maria Louise
director · ~48y · appointed 2021-10-10
View their other companies + combined net worth →
Active

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

Recent filings (12 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-02-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-07
appoint-person-director-company-with-name-date
officers · AP01
2021-10-20
change-account-reference-date-company-current-shortened
accounts · AA01
2021-04-30
incorporation-company
incorporation · NEWINC
2021-04-19