F.M. TRANSPORT LIMITED
💤Zombieactive
SC360099 · ltd · incorporated 2009-05-22
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 May 2024
Net worth
£-4.4k
book net assets
Opportunity
78/100
Strong
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 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 80). 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: share sale to pe / searcher (73/100).
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, 1 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
6 officers (1 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £4,407
Key financials
2 years extracted from filed iXBRL accountsCash
£4k
Net Worth
-£4k
Current Assets
£195k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-05-31 | 2023-05-31 |
|---|---|---|
| Total assets | £-4.4k | — |
| Current assets | £195.3k | — |
| Cash | £4.4k | — |
| Debtors | £148.4k | — |
| Net assets | £-4.4k | — |
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
3
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-01-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-21➖MACDONALD, Francoise Marie Eugenie resigneddirector
- 2025-02-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-01-01➕MACDONALD, Hartley appointeddirector
- 2024-03-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-03-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-01-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-03-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-11-26➖MACDONALD, Ronald resigneddirector
- 2018-11-26📄change-person-director-company-with-change-dateofficers · CH01
- 2018-11-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-11-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-11-26📄change-person-director-company-with-change-dateofficers · CH01
- 2018-11-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-11-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-10-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-03-09➕MACDONALD, Ronald appointeddirector
- 2016-05-23➖MACDONALD, Ronald resigneddirector
- 2013-11-27➖MACDONALD, William resigneddirector
- 2013-10-01➕MACDONALD, William appointeddirector
- 2011-09-06➕MACDONALD, Francoise Marie Eugenie appointeddirector
- 2010-07-31➖MCDONALD, Francois Marie Eugenie resigneddirector
- 2010-07-01➕MCDONALD, Francois Marie Eugenie appointeddirector
- 2009-05-22🏢Company incorporatedAs F.M. TRANSPORT LIMITED
- 2009-05-22➕MACDONALD, Ronald appointeddirector
Owner dependency
90/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Hartley Macdonald Individual · British · DOB 07/1946 · age 80 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 21/07/2025 |
2 historic (ceased) PSCs
- Mrs Francoise Marie Eugenie Macdonaldceased 21/07/2025· 75-100% shares · 75-100% voting · board control
- Mr Ronald Macdonaldceased 26/11/2018· 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.
Similar companies
Active · Transport & logistics · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| D.S. CARRIERS LTD.→ SC353512 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| DJ TURNER SERVICES LTD→ SC830883 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ERIC DELIVERY LIMITED→ SC880785 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ESMART RENTALS LIMITED→ SC750505 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| F CALLAGHAN TRANSPORT LTD→ SC751616 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| FALCON TECH EXPORT LTD→ SC812312 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FAST AND FAIR TRANSPORT LTD→ SC866865 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FAST TRACK AIRPORT TRANSFER LTD→ SC821251 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FERGUSON’S MAN & VAN + FURNITURE LTD→ SC668085 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| FIRST GLASGOW (NO.2) LIMITED→ SC127012 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| FK LOGISTICS LIMITED→ SC828241 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FLEETXPRESS TRANSPORT LTD→ SC858458 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2009-05-22
Jurisdictionscotland
Primary SIC49410 — Freight transport by road
Registered office
22 Backbrae Street
Kilsyth
Glasgow
G65 0NH
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-12-10
Last: 2025-11-26
Officers (1 active · 5 resigned)
MACDONALD, Hartley→
Activedirector · ~80y · appointed 2025-01-01
View their other companies + combined net worth →
MACDONALD, Francoise Marie Eugenie→
Resigneddirector · ~76y · appointed 2011-09-06 · resigned 2025-07-21
MACDONALD, Ronald→
Resigneddirector · ~57y · appointed 2017-03-09 · resigned 2018-11-26
MACDONALD, Ronald→
Resigneddirector · ~57y · appointed 2009-05-22 · resigned 2016-05-23
MACDONALD, William→
Resigneddirector · ~80y · appointed 2013-10-01 · resigned 2013-11-27
MCDONALD, Francois Marie Eugenie→
Resigneddirector · ~76y · appointed 2010-07-01 · resigned 2010-07-31
Click a director name to see their full track record across all companies.
Recent filings (54 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-21
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-20
termination-director-company-with-name-termination-date
officers · TM01
2025-08-22
appoint-person-director-company-with-name-date
officers · AP01
2025-07-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-18