GRANT HENDERSON TRANSPORT LTD.

💤Zombieactive
SC215998 · ltd · incorporated 2001-02-21
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
£1.16M
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
ALSO REGISTERED FOR
  • 38210SIC 38210
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 55). 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).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 22.0y

30/100
under pressure

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

  • · Oldest live charge is 22.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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, 2 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
6 officers (1 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,156,788
Cash YoY
-12%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£81k
↓ 12% YoY
Net Worth
£1.2m
↑ 1.5% YoY
Current Assets
£1.2m
↑ 7.5% YoY
Current Liabilities
—
£0£249k£498k£747k£995k£1.2mMar 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£1.32M£1.34M
Current assets£1.24M£1.16M
Cash£80.8k£92.2k
Debtors£1.16M£1.07M
Net assets£1.16M£1.14M

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

🔒Filing-note intelligence

2 signals 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
1
filing
  • • 1 confirmation-statement
Last 180 days
4
filings
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-02-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-02-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-03-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2022-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-02-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-10-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2021-10-04
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  12. 2021-09-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2021-09-24
    🔓
    Charge satisfied #2
  14. 2021-06-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2021-06-08
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2021-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-02-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2021-02-24
    🔓
    Charge satisfied #1
  19. 2019-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-05-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  21. 2019-05-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  22. 2011-10-20
    🔒
    Charge registered #2
    Lender: Bibby Factors Scotland Limited
  23. 2011-06-15
    ➖
    HENDERSON, Sarah Gillian resigned
    secretary
  24. 2011-06-15
    ➖
    HENDERSON, Sarah Gillian resigned
    director
  25. 2006-08-01
    ➕
    HENDERSON, Sarah Gillian appointed
    director
  26. 2006-07-03
    ➖
    CLIFT, William resigned
    director
  27. 2004-05-20
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  28. 2003-11-03
    ➕
    CLIFT, William appointed
    director
  29. 2001-02-21
    🏢
    Company incorporated
    As GRANT HENDERSON TRANSPORT LTD.
  30. 2001-02-21
    ➕
    HENDERSON, Grant Samuel appointed
    director
  31. 2001-02-21
    ➕
    HENDERSON, Sarah Gillian appointed
    secretary
  32. 2001-02-21
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  33. 2001-02-21
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  34. 2001-02-21
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  35. 2001-02-21
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "HENDERSON" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
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 Grant Samuel Henderson
Individual · British · DOB 02/1971 · age 55
75–100%
75–100%75-100% shares · 75-100% voting01/02/2017
1 historic (ceased) PSC
  • Mr Grant Samuel Hendersonceased 17/02/2026· 75-100% shares

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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——30012y7956y
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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 →
🔒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
Incorporated2001-02-21
Jurisdictionscotland
Primary SIC38110 — SIC 38110

Registered office

Unit 6, Argyle Crescent
Hillhouse Industrial Estate
Hamilton
Lanarkshire
ML3 9BH

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-07
Last: 2026-02-21

Officers (1 active · 5 resigned)

HENDERSON, Grant Samuel→
director · ~55y · appointed 2001-02-21
View their other companies + combined net worth →
Active
HENDERSON, Sarah Gillian→
secretary · appointed 2001-02-21 · resigned 2011-06-15
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2001-02-21 · resigned 2001-02-21
Resigned
CLIFT, William→
director · ~58y · appointed 2003-11-03 · resigned 2006-07-03
Resigned
HENDERSON, Sarah Gillian→
director · ~55y · appointed 2006-08-01 · resigned 2011-06-15
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2001-02-21 · resigned 2001-02-21
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
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—04/10/2021—
satisfied
Bibby Financial Services
Bibby Factors Scotland Limited
Floating charge1 property20/10/201124/09/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property20/05/200424/02/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (82 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-03-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-15
change-person-director-company-with-change-date
officers · CH01
2022-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-10-06