J & T MORRISON HAULAGE LTD

🏛️Establishedactive
SC635908 · ltd · incorporated 2019-07-12
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 Jul 2024
Net worth
£86.6k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

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. 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
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 declared
Positive net assets
Net assets £86,613
Cash YoY
+61%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£10k
↑ 61% YoY
Net Worth
£87k
↑ 39% YoY
Current Assets
Current Liabilities
£0£17k£35k£52k£69k£87kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Cash£9.6k£6.0k
Net assets£86.6k£62.5k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-07-04
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  2. 2025-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-09-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-07-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-07-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-04-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-08-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2019-08-27
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  12. 2019-08-27
    📍
    change-sail-address-company-with-new-address
    address · AD02
  13. 2019-07-12
    🏢
    Company incorporated
    As J & T MORRISON HAULAGE LTD
  14. 2019-07-12
    MORRISON, John appointed
    director
  15. 2019-07-12
    MORRISON, Tracey Dorothy appointed
    director
  16. 2019-07-12
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

94/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "MORRISON" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Tracey Dorothy Morrison
Individual · British · DOB 03/1971 · age 55
2550%
25–50%25-50% shares · 25-50% voting12/07/2019
John Morrison
Individual · British · DOB 11/1967 · age 59
2550%
25–50%25-50% shares · 25-50% voting12/07/2019

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2019-07-12
Jurisdictionscotland
Primary SIC49410 — Freight transport by road

Registered office

4 Cedarwood Crescent
Inverness
Highland
IV2 6GT
Scotland

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-07-21
Last: 2025-07-07

Officers (2 active · 0 resigned)

MORRISON, John
director · ~59y · appointed 2019-07-12
View their other companies + combined net worth →
Active
MORRISON, Tracey Dorothy
director · ~55y · appointed 2019-07-12
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (19 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-07
move-registers-to-registered-office-company-with-new-address
address · AD04
2025-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-18
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-12
confirmation-statement-with-updates
confirmation-statement · CS01
2020-08-18