GN LOGISTICS GROUP LTD

💤Zombieactive
SC750767 · ltd · incorporated 2022-11-18
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 Nov 2024
Net worth
£776
book net assets
Opportunity
68/100
Strong
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
ALSO REGISTERED FOR
  • 52103SIC 52103
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 68/100 (strong), bankability 70/100. 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: high (80/100)

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

Company profile
address, 2 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 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
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 £776

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£776
Current Assets
£43k
Current Liabilities
£0£9k£17k£26k£34k£43kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£4.2k
Current assets£42.9k
Net assets£776

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
6
filings
  • 4 officers
  • 2 persons-with-significant-control
Last 180 days
8
filings
  • 4 officers
  • 3 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-03-10
    HARDIE, Charles Findlay resigned
    director
  2. 2026-03-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2026-03-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-03-05
    EASTON, Brian Alexander appointed
    director
  5. 2026-03-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2026-03-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2026-03-04
    HARDIE, Charles Findlay appointed
    director
  8. 2026-03-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2026-03-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2026-03-01
    CRICHTON, Nigel Martin resigned
    director
  11. 2025-12-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2025-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2025-08-26
    📄
    legacy
    miscellaneous · ANNOTATION
  14. 2025-06-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2024-12-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2024-12-06
    HARAN, Gordon resigned
    director
  17. 2024-05-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2023-11-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2022-11-18
    🏢
    Company incorporated
    As GN LOGISTICS GROUP LTD
  20. 2022-11-18
    CRICHTON, Nigel Martin appointed
    director
  21. 2022-11-18
    HARAN, Gordon appointed
    director
  22. 2022-11-18
    📄
    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

1 med ·
2 director resignations in last 12 months
medium

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

Evidence: CRICHTON, Nigel Martin resigned 2026-03-01; HARDIE, Charles Findlay resigned 2026-03-10

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Brian Alexander Easton
Individual · British · DOB 07/1975 · age 51
sig. influencesignificant influence07/03/2026
2 historic (ceased) PSCs
  • Mr Nigel Martin Crichtonceased 01/03/2026· 25-50% shares · 25-50% voting · board control
  • Mr Gordon Haranceased 12/11/2025· 25-50% shares · 25-50% voting · board control

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.

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Company details

Statusactive
Typeltd
Incorporated2022-11-18
Jurisdictionscotland
Primary SIC49410 — Freight transport by road

Registered office

Suite 3/3 45 Vicar Street
Falkirk
FK1 1LL
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17

Officers (1 active · 3 resigned)

EASTON, Brian Alexander
director · ~51y · appointed 2026-03-05
View their other companies + combined net worth →
Active
CRICHTON, Nigel Martin
director · ~56y · appointed 2022-11-18 · resigned 2026-03-01
Resigned
HARAN, Gordon
director · ~60y · appointed 2022-11-18 · resigned 2024-12-06
Resigned
HARDIE, Charles Findlay
director · ~65y · appointed 2026-03-04 · resigned 2026-03-10
Resigned

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

Recent filings (17 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-10
termination-director-company-with-name-termination-date
officers · TM01
2026-03-10
appoint-person-director-company-with-name-date
officers · AP01
2026-03-05
appoint-person-director-company-with-name-date
officers · AP01
2026-03-05
termination-director-company-with-name-termination-date
officers · TM01
2026-03-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-30
legacy
miscellaneous · ANNOTATION
2025-08-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-20
termination-director-company-with-name-termination-date
officers · TM01
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-25
accounts-with-accounts-type-dormant
accounts · AA
2024-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-22