OLIVER DISTRIBUTION LTD

💤Zombieactive
SC662625 · ltd · incorporated 2020-06-01
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 Jun 2024
Net worth
£-759
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 46160
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46190Agents involved in the sale of a variety of goods
  • 46420Wholesale of clothing and footwear
  • 47910Retail sale via mail order houses or via Internet
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (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).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 4 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
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
4 connected companies via shared directors
57
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £759

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£759
↓ 572% YoY
Current Assets
£10k
↓ 28% YoY
Current Liabilities
-£759£2k£5k£8k£11k£14kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-06-302023-06-30
Total assets£-759£-113
Current assets£10.1k£14.1k
Net assets£-759£-113

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
0
filings
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2025-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2020-06-01
    🏢
    Company incorporated
    As OLIVER DISTRIBUTION LTD
  6. 2020-06-01
    RUDDIMAN, Allan Graham appointed
    director
  7. 2020-06-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Allan Graham Ruddiman
Individual · Scottish · DOB 01/1984 · age 42
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/06/2020

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Wholesale & distribution · KA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CROWN STREET LIGHTING LTD
SC602203 · est 2018 · no financials extracted
7y
CUNNINGHAM TRUCK PARTS LIMITED
SC285268 · est 2005 · no financials extracted
20y
IRVINE TRADE HUB LTD
SC796363 · est 2024 · no financials extracted
2y
JAYLINE BEARINGS LIMITED
SC207620 · est 2000 · no financials extracted
25y
LM APPLIANCES LIMITED
SC555188 · est 2017 · no financials extracted
9y
NOBEL NC EUROPE LIMITED
SC355464 · est 2009 · no financials extracted
17y
OMNIA FERRUM TRADE LIMITED
SC706906 · est 2021 · no financials extracted
4y
ON TEE LIMITED
SC128110 · est 1990 · no financials extracted
35y
PAMCHI LTD
SC838312 · est 2025 · no financials extracted
1y
RAMARAM LTD
SC842246 · est 2025 · no financials extracted
1y
RAMSAY & JACKSON LIMITED
SC298598 · est 2006 · no financials extracted
20y
RASPUTIN LEISURE LTD
SC424636 · est 2012 · no financials extracted
13y
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
Incorporated2020-06-01
Jurisdictionscotland
Primary SIC46160 — SIC 46160

Registered office

11 Portland Road
Kilmarnock
KA1 2BT
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-06-14
Last: 2025-05-31

Officers (1 active · 0 resigned)

RUDDIMAN, Allan Graham
director · ~42y · appointed 2020-06-01
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-13
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-04
incorporation-company
incorporation · NEWINC
2020-06-01