J & T MORRISON HAULAGE LTD
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-07-31 | 2023-07-31 |
|---|---|---|
| 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.
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
Corporate timeline (16 events)Click to expand
- 2025-07-04📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2025-04-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-07-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-04-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-08-27📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2019-08-27📍change-sail-address-company-with-new-addressaddress · AD02
- 2019-07-12🏢Company incorporatedAs J & T MORRISON HAULAGE LTD
- 2019-07-12➕MORRISON, John appointeddirector
- 2019-07-12➕MORRISON, Tracey Dorothy appointeddirector
- 2019-07-12📄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.
- +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
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Tracey Dorothy Morrison Individual · British · DOB 03/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 12/07/2019 |
John Morrison Individual · British · DOB 11/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 12/07/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 (2 active · 0 resigned)
Click a director name to see their full track record across all companies.