KERSE CABS LTD
No material changes in the last 30 days.
No snapshot from 90 days ago — start tracking from today.
No snapshot from 180 days ago — start tracking from today.
Opportunity 76/100 (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: 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key 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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-10.0k | £3.6k |
| Current assets | £795 | £305 |
| Cash | £795 | £305 |
| Net assets | £-26.3k | £-21.4k |
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
Corporate timeline (14 events)Click to expand
- 2025-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-07📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-09-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-10-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-12-06🏢Company incorporatedAs KERSE CABS LTD
- 2018-12-06➕WADDELL, Gordon appointeddirector
- 2018-12-06📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gordon Waddell Individual · British · DOB 05/1968 · age 58 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/12/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Transport & logistics · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MIDLAND BLUEBIRD LIMITED→ SC016923 · est 1932 | £7.30M £5.47M–£9.12M | £25.59M | — | 28800 | 93y | 97 | 63y |
| JBP TRANSPORT LIMITED→ SC108240 · est 1987 | — | — | £1.41M | — | 38y | 83 | 84y |
| A A K HAULAGE LIMITED→ SC237856 · est 2002 | — | — | — | 200 | 23y | 82 | 61y |
| ARTIC TRAILER SERVICES (FALKIRK) LIMITED→ SC051346 · est 1972 · no financials extracted | — | — | — | — | 53y | 82 | 68y |
| CALEDONIAN FREIGHT LIMITED→ SC084213 · est 1983 | — | — | £570.7k | — | 42y | 82 | 69y |
| ECOSSE HOLDINGS LIMITED→ SC044163 · est 1966 | — | — | £4.61M | — | 59y | 82 | 91y |
| HUNTER TRANSPORT LTD.→ SC324530 · est 2007 | — | — | £153.1k | — | 19y | 82 | 61y |
| IMB TRANSPORT LTD.→ SC375046 · est 2010 | — | — | — | 22 | 16y | 82 | 59y |
| MCCLENAGHAN OF SLAMANNAN LTD.→ SC223696 · est 2001 | — | — | £1.79M | — | 24y | 82 | 71y |
| MILLAR INTERNATIONAL FREIGHT TRANSPORT LIMITED→ SC126477 · est 1990 | — | — | £390.4k | — | 35y | 82 | 61y |
| MORRISON HORNER TRANSPORT LTD.→ SC188481 · est 1998 | — | — | — | 52 | 27y | 82 | 59y |
| PROFESSIONAL DIRECT LOGISTICS UK LTD→ SC314130 · est 2007 · no financials extracted | — | — | — | — | 19y | 82 | 71y |
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 →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 (1 active · 0 resigned)
Click a director name to see their full track record across all companies.