256 LOGISTICS LTD

💤Zombieactive
13931439 · ltd · incorporated 2022-02-22
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 Feb 2025
Net worth
£-19.9k
book net assets
Opportunity
68/100
Strong
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
ALSO REGISTERED FOR
  • 68201Renting and operating of Housing Association real estate
  • 77110Renting and leasing of cars and light motor vehicles
  • 77120Renting and leasing of trucks and other heavy vehicles
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 70/100. 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: distressed disposal / insolvency (65/100).

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
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 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
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £19,941
Net assets shrinking
Down £21,170 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£20k
↓ 1723% YoY
Current Assets
Current Liabilities
-£20k-£15k-£10k-£6k-£959£4kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Total assets£-19.9k£1.2k
Current assets£3.8k
Debtors£3.8k£3.8k
Net assets£-19.9k£1.2k

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-10-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-10-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2025-09-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2025-09-12
    OWUSU-WIAFE, Andrews appointed
    director
  7. 2025-09-12
    NAMPIJJA, Carlorine resigned
    director
  8. 2025-09-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-09-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-08-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2025-08-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-08-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2025-08-01
    LUBEGA, Leonard Kibira resigned
    director
  14. 2025-08-01
    NAMPIJJA, Carlorine appointed
    director
  15. 2025-02-04
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  16. 2025-01-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2024-07-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2023-12-28
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  19. 2023-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2022-12-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  21. 2022-02-22
    🏢
    Company incorporated
    As 256 LOGISTICS LTD
  22. 2022-02-22
    LUBEGA, Leonard Kibira appointed
    director
  23. 2022-02-22
    📄
    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 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: LUBEGA, Leonard Kibira resigned 2025-08-01; NAMPIJJA, Carlorine resigned 2025-09-12

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Andrews Owusu-Wiafe
Individual · British · DOB 01/1988 · age 38
75100%
75–100%75-100% shares · 75-100% voting01/08/2025
1 historic (ceased) PSC
  • Mr Leonard Kibira Lubegaceased 01/08/2025· 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.

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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
Incorporated2022-02-22
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road

Registered office

Unit 7, Courtyard 31 Pontefract Road
Normanton Industrial Estate
Normanton
WF6 1JU
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-07
Last: 2026-02-21

Officers (1 active · 2 resigned)

OWUSU-WIAFE, Andrews
director · ~38y · appointed 2025-09-12
View their other companies + combined net worth →
Active
LUBEGA, Leonard Kibira
director · ~43y · appointed 2022-02-22 · resigned 2025-08-01
Resigned
NAMPIJJA, Carlorine
director · ~38y · appointed 2025-08-01 · resigned 2025-09-12
Resigned

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

Recent filings (21 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-03
change-person-director-company-with-change-date
officers · CH01
2025-10-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-03
gazette-filings-brought-up-to-date
gazette · DISS40
2025-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-12
termination-director-company-with-name-termination-date
officers · TM01
2025-09-12
appoint-person-director-company-with-name-date
officers · AP01
2025-09-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-07
termination-director-company-with-name-termination-date
officers · TM01
2025-08-07
appoint-person-director-company-with-name-date
officers · AP01
2025-08-07
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-02-04
gazette-notice-compulsory
gazette · GAZ1
2025-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-15