GO GREEN DELIVERIES LIMITED

💤Zombieactive
SC690948 · ltd · incorporated 2021-03-02
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: SIC 53201
Sector: Transportation & storage
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 1.1y

0/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 1.1 years old — likely still in initial term.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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

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
3 charges (3/3 with lender, 3/3 with type)
90
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
10 connected companies via shared directors
75
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
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
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31

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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-01-04
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-10-15
    MCLEISH, Kayleigh Anne resigned
    director
  3. 2025-10-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-09-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-09-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2025-09-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2025-09-28
    🔓
    Charge satisfied #2
  8. 2025-09-28
    🔓
    Charge satisfied #1
  9. 2025-09-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2025-09-21
    MCDONALD, Barry Robert resigned
    director
  11. 2025-09-18
    🔒
    Charge registered #3
    Lender: Nucleus Cash Flow FINANCE2 Limited
  12. 2025-06-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2025-06-06
    🔒
    Charge registered #2
    Lender: Morley Capital LTD Trading as Simply Funded
  14. 2025-04-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2025-04-17
    🔒
    Charge registered #1
    Lender: Finbiz Funding Limited
  16. 2024-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2024-10-17
    📄
    accounts-amended-with-made-up-date
    accounts · AAMD
  18. 2023-11-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2023-04-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2023-03-24
    EARLY, Lisa, Msq resigned
    director
  21. 2022-09-08
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  22. 2022-08-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2022-08-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2022-08-01
    MCDONALD, Barry Robert appointed
    director
  25. 2022-06-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  26. 2022-06-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  27. 2022-06-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  28. 2021-10-21
    EARLY, Lisa, Msq appointed
    director
  29. 2021-10-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  30. 2021-09-21
    MCLEISH, Kayleigh Anne appointed
    director
  31. 2021-09-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  32. 2021-03-02
    🏢
    Company incorporated
    As GO GREEN DELIVERIES LIMITED
  33. 2021-03-02
    CONNELL, Alan appointed
    director

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

2 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: MCDONALD, Barry Robert resigned 2025-09-21; MCLEISH, Kayleigh Anne resigned 2025-10-15

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Alan Connell
Individual · British · DOB 09/1979 · age 47
75100%
75–100%board control75-100% shares · 75-100% voting · board control02/03/2021

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 →

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

8 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
Incorporated2021-03-02
Jurisdictionscotland
Primary SIC53201 — SIC 53201

Registered office

272 Bath Street
Glasgow
G2 4JR
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-02
Last: 2025-05-19

Officers (1 active · 3 resigned)

CONNELL, Alan
director · ~47y · appointed 2021-03-02
View their other companies + combined net worth →
Active
EARLY, Lisa, Msq
director · ~42y · appointed 2021-10-21 · resigned 2023-03-24
Resigned
MCDONALD, Barry Robert
director · ~39y · appointed 2022-08-01 · resigned 2025-09-21
Resigned
MCLEISH, Kayleigh Anne
director · ~35y · appointed 2021-09-21 · resigned 2025-10-15
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Nucleus Cash Flow FINANCE2
Nucleus Cash Flow FINANCE2 Limited
A registered charge18/09/2025
satisfied
Morley Capital Trading as Simply Funded
Morley Capital LTD Trading as Simply Funded
A registered charge06/06/202528/09/2025
satisfied
Finbiz Funding
Finbiz Funding Limited
A registered charge1 property17/04/202528/09/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (26 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-01-04
termination-director-company-with-name-termination-date
officers · TM01
2025-10-15
termination-director-company-with-name-termination-date
officers · TM01
2025-09-28
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-28
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-31
accounts-amended-with-made-up-date
accounts · AAMD
2024-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-24
termination-director-company-with-name-termination-date
officers · TM01
2023-04-16