ABG NETWORK NW LOGISTICS LTD

🏛️Establishedactive
13370965 · ltd · incorporated 2021-05-03
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 3.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£211
book net assets
Opportunity
65/100
Strong
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Special-situation opportunity
Distressed transport with salvageable qualities — special-situations priority.

Opportunity 65/100 (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: 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).

🏦

Refinance opportunity

1 live charge · oldest 3.3y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Charge age ~3.3 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

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

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £211
Net assets shrinking
Down £5,727 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
£31k
Net Worth
£211
↓ 96% YoY
Current Assets
£296k
↑ 897% YoY
Current Liabilities
£0£59k£118k£178k£237k£296kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Total assets£211£22.9k
Current assets£296.0k£29.7k
Cash£30.5k
Debtors£265.4k
Net assets£211£5.9k

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

🔒Filing-note intelligence

2 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
1
filing
  • 1 mortgage
Last 180 days
1
filing
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-04-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-04-24
    🔓
    Charge satisfied #1
  3. 2025-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-08-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-09-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-07-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-03-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2023-03-02
    🔒
    Charge registered #1
    Lender: Ultimate Finance Limited
  9. 2023-02-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-04-25
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  11. 2022-04-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2021-05-03
    🏢
    Company incorporated
    As ABG NETWORK NW LOGISTICS LTD
  13. 2021-05-03
    CIUCULETE, Marian-Cristian appointed
    director
  14. 2021-05-03
    LUPU, Catalin appointed
    director
  15. 2021-05-03
    📄
    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: 2026-05-16

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Catalin Lupu
Individual · Romanian · DOB 08/1977 · age 49
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/05/2021
Mr Marian-Cristian Ciuculete
Individual · Romanian · DOB 06/1984 · age 42
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/05/2021

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.

See pricing →

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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.

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
Incorporated2021-05-03
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road

Registered office

Suite 111 Newton House
Birchwood Park
Warrington
WA3 6FW
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-16OVERDUE
Last: 2025-05-02

Officers (2 active · 0 resigned)

CIUCULETE, Marian-Cristian
director · ~42y · appointed 2021-05-03
View their other companies + combined net worth →
Active
LUPU, Catalin
director · ~49y · appointed 2021-05-03
View their other companies + combined net worth →
Active

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
TypeProperties
satisfied
Ultimate Finance
Ultimate Finance Limited
A registered charge1 property02/03/202324/04/2026

Recent filings (14 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-12
certificate-change-of-name-company
change-of-name · CERTNM
2022-04-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-04-22
incorporation-company
incorporation · NEWINC
2021-05-03