PPS - PRIME PARCEL SERVICES LTD
Opportunity 73/100 (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 (58/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 3.1y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~3.1 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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 | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £1.10M | £846.3k |
| Current assets | £2.11M | £1.55M |
| Cash | — | £185.8k |
| Debtors | £2.11M | £1.37M |
| Net assets | £343.9k | £292.6k |
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
- • 1 accounts
Corporate timeline (14 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-08-28🔓Charge satisfied #1
- 2024-08-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-07🔒Charge registered #2Lender: Barclays Security Trustee Limited
- 2024-02-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-04-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-28🔒Charge registered #1Lender: Bibby Factors Scotland Limited
- 2023-01-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-07-08🏢Company incorporatedAs PPS - PRIME PARCEL SERVICES LTD
- 2020-07-08➕MUIR, Andrew Martin appointeddirector
- 2020-07-08📄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.
- +No director turnover: Company is 6 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.
- 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 Andrew Martin Muir Individual · Scottish · DOB 08/1989 · age 37 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 08/07/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 07/08/2024 | — | |
| satisfied | Bibby Financial Services Bibby Factors Scotland Limited | A registered charge | — | 28/03/2023 | 28/08/2024 |