HAULAGE EXPRESS LIMITED

🌳Matureactive

SC031221 · ltd · incorporated 1955-12-29

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

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£2.06M

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Freight transport by road

Sector: Transportation & storage

Investor take

Pursue

Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 79/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

7 officers (6 active, 7 linked, 6 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

3 connected companies via shared directors

Filing history

99 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £2,059,333

Cash YoY

+19%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£935k

↑ 19% YoY

Net Worth

£2.1m

↑ 22% YoY

Current Assets

£1.7m

↑ 14% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£2.28M	£1.83M
Current assets	£1.73M	£1.52M
Cash	£935.2k	£784.3k
Debtors	£737.1k	£670.8k
Net assets	£2.06M	£1.69M

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

🔒Filing-note intelligence

3 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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (20 events)Click to expand

2025-10-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-05
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-12-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-10-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-10-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-14
➕
PROUDFOOT, John James appointed
director
2023-09-14
➕
PROUDFOOT, Raymond Neil appointed
director
2023-09-14
➕
PROUDFOOT, Stephen Andrew appointed
director
2022-10-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-19
📄
change-person-director-company-with-change-date
officers · CH01
2019-11-19
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-11-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-09-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
1992-12-17
➖
PROUDFOOT, Herbert Cyril resigned
director
1955-12-29
🏢
Company incorporated
As HAULAGE EXPRESS LIMITED

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

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 81 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

20/100

No succession signal

No meaningful acquirability indicators from public data.

SIGNALS

primaryFamily succession underway: Not a takeover target — PROUDFOOT, John James (same surname) appointed 2023-09-14. Pattern consistent with intra-family handover.
primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Fred Proudfoot Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Fred Proudfoot Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

HAULAGE EXPRESS LIMITED

This company · SC031221

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Fred Proudfoot Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016
Mr Brian Cyril Proudfoot Individual · British · DOB 04/1945 · age 81	—	—	sig. influencesignificant influence	06/04/2016

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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Similar companies

Active · Transport & logistics · DG postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
JOHN MILLER LIMITED→ SC098434 · est 1986	£3.29M £2.46M–£4.11M	£11.59M	—	6900	40y	84	72y
MC CALL'S COACHES LIMITED→ SC293378 · est 2005	—	—	£154.1k	—	20y	83	62y
A J SLAVIN & SONS LIMITED→ SC262782 · est 2004	—	—	—	3	22y	82	59y
CALGOW TRANSPORT LIMITED→ SC209835 · est 2000	—	—	—	100	25y	82	66y
FINNIE HEAVY HAULAGE LIMITED→ SC230925 · est 2002	—	—	£3.05M	—	23y	82	59y
G A TRANSPORT LIMITED→ SC261778 · est 2004	—	—	—	1	22y	82	67y
LINES DISTRIBUTION SERVICES LIMITED→ SC246460 · est 2003	—	—	—	2700	23y	82	63y
MARTIN JOLLY TRUCK HIRE LIMITED→ SC117282 · est 1989	—	—	—	2700	37y	82	75y
ANNANDALE COMMUNITY TRANSPORT SERVICES→ SC200686 · est 1999 · no financials extracted	—	—	—	—	26y	81	92y
AML HAULAGE LIMITED→ SC520747 · est 2015	—	—	—	1000	10y	80	67y
BLUAPPLE LIMITED→ SC233921 · est 2002	—	—	£517.2k	—	23y	80	65y
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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.

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Company details

Statusactive

Typeltd

Incorporated1955-12-29

Jurisdictionscotland

Primary SIC49410 — Freight transport by road

Registered office

51 Rae Street

Dumfries

DG1 1JD

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-09-15

Last: 2025-09-01