SPENCER JAMES LOGISTICS LTD

💤Zombieactive
SC687417 · ltd · incorporated 2021-01-28
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 Mar 2025
Net worth
£5.9k
book net assets
Opportunity
72/100
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 72/100 (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).

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
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
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 £5,860

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£6k
Current Assets
£9k
Current Liabilities
—
£0£2k£4k£5k£7k£9kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£14.5k—
Current assets£8.8k—
Net assets£5.9k—
Average employees—100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-02-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-02-01
    ➖
    MARTIN, Ross William James resigned
    director
  5. 2025-02-01
    ➖
    SHERRY, Craig John resigned
    director
  6. 2024-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-06-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-06-01
    ➕
    MARTIN, Ross William James appointed
    director
  9. 2023-09-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2023-08-25
    ➕
    SHERRY, Craig John appointed
    director
  11. 2023-04-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-09-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2022-08-28
    ➖
    MARTIN, Ross William James resigned
    director
  14. 2022-05-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2022-05-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2022-04-29
    ➕
    MARTIN, Ross William James appointed
    director
  17. 2021-02-09
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  18. 2021-01-28
    🏢
    Company incorporated
    As SPENCER JAMES LOGISTICS LTD
  19. 2021-01-28
    ➕
    SHERRY, Spencer James appointed
    director
  20. 2021-01-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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 Spencer James Sherry
Individual · British · DOB 04/1994 · age 32
75–100%
75–100%board control75-100% shares · 75-100% voting · board control28/01/2021

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

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2021-01-28
Jurisdictionscotland
Primary SIC49410 — Freight transport by road

Registered office

35 George Street
Hamilton
ML3 0NU
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-28
Last: 2025-05-14

Officers (1 active · 3 resigned)

SHERRY, Spencer James→
director · ~32y · appointed 2021-01-28
View their other companies + combined net worth →
Active
MARTIN, Ross William James→
director · ~34y · appointed 2024-06-01 · resigned 2025-02-01
Resigned
MARTIN, Ross William James→
director · ~34y · appointed 2022-04-29 · resigned 2022-08-28
Resigned
SHERRY, Craig John→
director · ~55y · appointed 2023-08-25 · resigned 2025-02-01
Resigned

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

Recent filings (17 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-26
termination-director-company-with-name-termination-date
officers · TM01
2025-02-03
termination-director-company-with-name-termination-date
officers · TM01
2025-02-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-29
appoint-person-director-company-with-name-date
officers · AP01
2024-06-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-30
appoint-person-director-company-with-name-date
officers · AP01
2023-09-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-10
termination-director-company-with-name-termination-date
officers · TM01
2022-09-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-19
appoint-person-director-company-with-name-date
officers · AP01
2022-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-27