GHIA LOGISTICS LTD
💤Zombieactive
SC395815 · ltd · incorporated 2011-03-18
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 Mar 2025
Net worth
£-8.4k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other transportation support activities
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 75/100. 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).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 6.8y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £8,436
Net assets shrinking
Down £8,728 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£8k
↓ 2989% YoY
Current Assets
£207k
↑ 26% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £42.9k | £48.1k |
| Current assets | £207.0k | £164.0k |
| Net assets | £-8.4k | £292 |
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
- 2026-01-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-08🔒Charge registered #2Lender: Ecapital Commercial Finance (North) Limited
- 2024-03-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-06🔓Charge satisfied #1
- 2024-02-26📄mortgage-charge-whole-release-with-charge-numbermortgage · MR05
- 2023-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-11📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-07📄change-person-director-company-with-change-dateofficers · CH01
- 2021-05-29📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-05-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-25📄gazette-notice-compulsorygazette · GAZ1
- 2019-08-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-07-12🔒Charge registered #1Lender: Assetz Capital Trust Company Limited
- 2011-03-18🏢Company incorporatedAs GHIA LOGISTICS LTD
- 2011-03-18➕HAIG, Mark David 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.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 15 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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 |
|---|---|---|---|---|
Mr Mark David Haig Individual · British · DOB 03/1971 · age 55 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Transport & logistics · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| D L HAULAGE LTD→ SC496666 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| D.JANKIEWICZ LTD→ SC702710 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| DELIVERUP LIMITED→ SC777369 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DELIVRA LIMITED→ SC854850 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DYNAMIC FREIGHT SOLUTIONS LTD→ SC805583 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| FJX LTD→ SC850258 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| G & B CARS LIMITED→ SC216160 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| GG DELIVERY LIMITED→ SC594749 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| GPF TOURS AND TRANSFERS LIMITED→ SC785850 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| GRAEME J WARDROP ( HAULAGE ) LTD→ SC561061 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| GREER AVIATION LIMITED→ SC389318 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| GRIGORE COURIERS LTD→ SC778804 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2011-03-18
Jurisdictionscotland
Primary SIC52290 — Other transportation support activities
Registered office
4 Bairdsland View
Bellshill
Lanarkshire
ML4 1RZ
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-01
Last: 2026-03-18
Officers (1 active · 0 resigned)
HAIG, Mark David→
Activedirector · ~55y · appointed 2011-03-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ecapital Commercial Finance (North) Ecapital Commercial Finance (North) Limited | A registered charge | — | 08/03/2024 | — | |
| satisfied | Assetz Capital Trust Company Assetz Capital Trust Company Limited | A registered charge | 1 property | 12/07/2019 | 06/03/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (45 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-22
change-person-director-company-with-change-date
officers · CH01
2024-03-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-08
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-06
mortgage-charge-whole-release-with-charge-number
mortgage · MR05
2024-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-11
change-person-director-company-with-change-date
officers · CH01
2023-04-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-30