ONLY WAY IS TRUCKING LTD

🌿Early-stageactive
SC781487 · ltd · incorporated 2023-09-05
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 Sept 2024
Net worth
£6.7k
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Retail sale of clothing in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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
Network not yet resolved
30
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
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 £6,698

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£7k
Current Assets
£4k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-30
Total assets£3.2k
Current assets£3.5k
Net assets£6.7k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (5 events)Click to expand
  1. 2025-05-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2023-09-05
    🏢
    Company incorporated
    As ONLY WAY IS TRUCKING LTD
  3. 2023-09-05
    DOUGLAS, Connie Fraser appointed
    director
  4. 2023-09-05
    NORRIS, Andrew Kenneth appointed
    director
  5. 2023-09-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +Young company: Only 2.7 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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
Miss Connie Fraser Douglas
Individual · Scottish · DOB 08/1994 · age 32
2550%
25–50%board control25-50% shares · 25-50% voting · board control05/09/2023
Mr Andrew Kenneth Norris
Individual · Scottish · DOB 09/1993 · age 33
2550%
25–50%board control25-50% shares · 25-50% voting · board control05/09/2023

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Retail · DG postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GRETNA GREEN LTD
SC052082 · est 1972
£861.4k
£646.1k£1.08M
24953y8876y
J. D. OWEN & SON (BUTCHERS) LIMITED
SC246487 · est 2003
£87.3k
£65.5k£109.1k
1223y8262y
CALMAC DEVELOPMENTS LIMITED
SC084696 · est 1983
£3.65M42y8275y
GRANITE WORKS LIMITED
SC204911 · est 2000
£999.8k26y8258y
HOME & GARDENS LIMITED
SC281966 · est 2005
£2.17M21y8268y
MONAGHAN JEWELLERS LIMITED
SC257901 · est 2003
170022y8273y
POUNDSAVER STORES LIMITED
SC227065 · est 2002
£263.4k24y8276y
R. BARBOUR & SONS. LIMITED
SC010111 · est 1918
£3.34M107y8261y
T.B. WATSON LIMITED
SC013260 · est 1924
1300101y8266y
CELSTEEL LIMITED
SC039247 · est 1963
£1.71M62y8194y
ALTERNATIVE CENTRE (DUMFRIES) LIMITED
SC250007 · est 2003
£47.9k22y8080y
B & N ROBERTSON LIMITED
SC350499 · est 2008
30017y8062y
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
Incorporated2023-09-05
Jurisdictionscotland
Primary SIC47710 — Retail sale of clothing in specialised stores

Registered office

58 Main Street
Kirkcolm
Stranraer
DG9 0NN
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-18
Last: 2025-09-04

Officers (2 active · 0 resigned)

DOUGLAS, Connie Fraser
director · ~32y · appointed 2023-09-05
View their other companies + combined net worth →
Active
NORRIS, Andrew Kenneth
director · ~33y · appointed 2023-09-05
View their other companies + combined net worth →
Active

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

Recent filings (4 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-05
incorporation-company
incorporation · NEWINC
2023-09-05