DOUGLAS TRANSPORT LIMITED

🌳Matureactive
NI058243 · ltd · incorporated 2006-02-22
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 7.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 70/100. Strong seller-intent signal (78/100, director aged 65). 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 (65/100).

🏦

Refinance opportunity

1 live charge · oldest 7.2y

85/100
ready

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

  • · Oldest live charge is 7.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 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
Average employees2200

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
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-09-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-08-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-10-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-03-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2019-03-14
    🔒
    Charge registered #1
    Lender: Northern Bank Limited
  10. 2018-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-12-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-04-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-12-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-03-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-08-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2014-03-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2010-12-12
    COULTER, Angela resigned
    director
  19. 2006-03-22
    KANE, Dorothy May resigned
    secretary
  20. 2006-02-22
    🏢
    Company incorporated
    As DOUGLAS TRANSPORT LIMITED
  21. 2006-02-22
    COULTER, Angela appointed
    secretary
  22. 2006-02-22
    COULTER, Angela appointed
    director
  23. 2006-02-22
    COULTER, Garry appointed
    director
  24. 2006-02-22
    KANE, Dorothy May appointed
    secretary
  25. 2006-02-22
    COULTER, Angela appointed
    director

Owner dependency

91/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

81/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.

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: 2026-03-08

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Garry Coulter
Individual · British · DOB 11/1961 · age 65
sig. influencesignificant influence22/02/2017

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
Incorporated2006-02-22
Jurisdictionnorthern-ireland
Primary SIC49410 — Freight transport by road

Registered office

263 Seven Mile Straight
Crumlin
BT29 4YT

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-08OVERDUE
Last: 2025-02-22

Officers (3 active · 2 resigned)

COULTER, Angela
secretary · appointed 2006-02-22
View their other companies + combined net worth →
Active
COULTER, Angela
director · ~64y · appointed 2006-02-22
View their other companies + combined net worth →
Active
COULTER, Garry
director · ~65y · appointed 2006-02-22
View their other companies + combined net worth →
Active
KANE, Dorothy May
secretary · appointed 2006-02-22 · resigned 2006-03-22
Resigned
COULTER, Angela
director · ~64y · appointed 2006-02-22 · resigned 2010-12-12
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Northern Bank
Northern Bank Limited
A registered charge14/03/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (46 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-02-28