M & G LOGISTICS LTD.
Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
4 live charges · 4 lenders · oldest 22.2y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 22.2 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Average employees | 1900 | 2100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 confirmation-statement
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (38 events)Click to expand
- 2026-04-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-24📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-10-23📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-10-18📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-10-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-10-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-10-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-16📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-10-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-08➕GALLAGHER, Christopher appointeddirector
- 2025-10-08➕GALLAGHER, Hayley appointeddirector
- 2025-10-08➖MILLER, Brian resignedsecretary
- 2025-10-08➖MILLER, Brian resigneddirector
- 2025-10-08🔒Charge registered #4Lender: Brian Miller
- 2025-10-08🔒Charge registered #3Lender: Close Invoice Finance Limited
- 2025-10-08🔒Charge registered #2Lender: Allica Bank Limited
- 2025-05-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-06🔓Charge satisfied #1
- 2025-02-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2004-03-02🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2003-02-25🏢Company incorporatedAs M & G LOGISTICS LTD.
- 2003-02-25➕GRANT, Martin appointeddirector
- 2003-02-25➕GRANT, Martin appointedsecretary
- 2003-02-25➖GRANT, Martin resignedsecretary
- 2003-02-25➕MILLER, Brian appointedsecretary
- 2003-02-25➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2003-02-25➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2003-02-25➕MILLER, Brian appointeddirector
- 2003-02-25➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2003-02-25➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Long-tenure founder: Senior director has been in place 23 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
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: MILLER, Brian resigned 2025-10-08; MILLER, Brian resigned 2025-10-08
Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2025-10-08: A registered charge; 2025-10-08: A registered charge; 2025-10-08: A registered charge
Group structure
The Chs Trans-Pro Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
The Chs Trans-Pro Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 08/10/2025 |
1 historic (ceased) PSC
- Mr Martin Grantceased 08/10/2025· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Transport & logistics · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LONGROW LTD→ SC655111 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| LUKES TRANSPORT LIMITED→ SC862322 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MANBART LTD→ SC613666 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| MARCEL LTD YANIS LIMITED→ SC869187 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MATRIX TRANSPORT SERVICES LIMITED→ SC202502 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| MCBARRON TRANSPORT SOLUTIONS LTD.→ SC577751 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| MCCOLL'S TRAVEL LIMITED→ SC163310 · est 1996 · no financials extracted | — | — | — | — | 30y | — | — |
| MCGUIRE TRANSPORT (SCOTLAND) LTD.→ SC519518 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| MD TRUST PARTNERS LTD→ SC860886 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MEARNS REMOVALS LTD→ SC724888 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| MEARNS TRANSPORT LTD→ SC804032 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| MELISSA COURIERS LTD→ SC849231 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
9 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 →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
Registered office
Filing status
Officers (3 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Brian Miller / Martin Grant | A registered charge | — | 08/10/2025 | — | |
| outstanding | Close Invoice Finance Close Invoice Finance Limited | A registered charge | 1 property | 08/10/2025 | — | |
| outstanding | Allica Bank Allica Bank Limited | A registered charge | — | 08/10/2025 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 02/03/2004 | 06/05/2025 |