SB COURIERS NORTH EAST LIMITED

🌿Early-stageactive
SC724200 · ltd · incorporated 2022-02-23
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£-162.2k
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Unlicenced Carrier
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 76/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (79/100)

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
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
Negative net assets
Liabilities exceed assets by £162,205
Cash YoY
+47450%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£10k
↑ 47450% YoY
Net Worth
-£162k
↓ 33% YoY
Current Assets
£10k
↑ 14% YoY
Current Liabilities
—
-£162k-£128k-£94k-£59k-£25k£10kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-28
Total assets£-124.6k£-95.9k
Current assets£9.5k£8.3k
Cash£9.5k£20
Debtors—£8.3k
Net assets£-162.2k£-122.4k

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
3
filings
  • • 1 confirmation-statement
  • • 1 officers
  • • 1 persons-with-significant-control
Last 180 days
4
filings
  • • 1 confirmation-statement
  • • 1 officers
  • • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-03-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-02-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-03-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-03-01
    ➕
    HADFIELD, Serena appointed
    director
  6. 2024-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-10-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-02-23
    🏢
    Company incorporated
    As SB COURIERS NORTH EAST LIMITED
  10. 2022-02-23
    ➕
    HADFIELD, William Kelly appointed
    director
  11. 2022-02-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

74/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr William Kelly Hadfield
Individual · British · DOB 12/1967 · age 59
25–50%
25–50%25-50% shares · 25-50% voting23/02/2022
Mrs Serena Hadfield
Individual · British · DOB 05/1997 · age 29
25–50%
25–50%25-50% shares · 25-50% voting23/02/2022

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

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——4680025y8471y
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£41.24M—2450045y8574y
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——£246.4k—22y8361y
BOX POOL SOLUTIONS LIMITED→
SC286718 · est 2005
——£2.66M—20y8377y
CALEY COLD STORE LIMITED→
SC270634 · est 2004
——£3.28M—21y8373y
ENLIM (SCOTLAND) LTD.→
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———50022y8362y
HARBOUR HAULAGE LIMITED→
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——£951.9k—26y8362y
PREMIER COACHES (KINTORE) LIMITED→
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————16y——
SEA-CARGO ABERDEEN LIMITED→
SC310601 · est 2006 · no financials extracted
————19y——
SPACE COURIERS LTD→
SC812221 · est 2024 · no financials extracted
————1y——
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————3y——
V.G. MATHERS LIMITED→
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————31y——
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
Incorporated2022-02-23
Jurisdictionscotland
Primary SIC53202 — Unlicenced Carrier

Registered office

5 Cherry Row
Udny Station
Ellon
AB41 6QF
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-08
Last: 2026-02-22

Officers (2 active · 0 resigned)

HADFIELD, Serena→
director · ~29y · appointed 2025-03-01
View their other companies + combined net worth →
Active
HADFIELD, William Kelly→
director · ~59y · appointed 2022-02-23
View their other companies + combined net worth →
Active

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

Recent filings (12 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-20
change-person-director-company-with-change-date
officers · CH01
2026-03-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-26
appoint-person-director-company-with-name-date
officers · AP01
2025-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-24
incorporation-company
incorporation · NEWINC
2022-02-23