A & D LOGISTICS LIMITED

🌳Matureactive

SC227602 · ltd · incorporated 2002-01-31

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£2.41M

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: Freight transport by road

Sector: Transportation & storage

Investor take

Pursue

Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

7 live charges · 7 lenders · oldest 24.0y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 24.0 years old — likely at or near maturity.
· 7 lenders named — inter-creditor friction likely.
· Legal-friction score 33/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (72/100)

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

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

9 officers (4 active, 9 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

2 connected companies via shared directors

Filing history

94 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

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 £2,407,459

Key financials

1 year extracted from filed iXBRL accounts

Cash

£226k

Net Worth

£2.4m

Current Assets

£4.8m

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31
Total assets	£4.59M
Current assets	£4.76M
Cash	£226.3k
Debtors	£4.43M
Net assets	£2.41M

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

filing

• 1 accounts

Last 90 days

filings

• 2 officers
• 1 accounts
• 1 confirmation-statement

Last 180 days

filings

• 2 officers
• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (47 events)Click to expand

2026-03-31
📄
accounts-with-accounts-type-medium
accounts · AA
2026-03-13
📄
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-03-13
📄
change-person-director-company-with-change-date
officers · CH01
2025-06-02
📄
change-person-director-company-with-change-date
officers · CH01
2025-06-02
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-13
📄
accounts-with-accounts-type-full
accounts · AA
2024-10-24
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-10-22
➕
MCELWEE, Mark appointed
director
2024-10-22
➕
SMITH, Pamela appointed
director
2024-10-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-10-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-10-22
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-10-18
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-10-16
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-10-16
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2024-10-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-10-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-10-16
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-16
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-15
➕
BOLSWORTH, Alan appointed
secretary
2024-10-15
➖
BOLSWORTH, Andrew resigned
secretary
2024-10-15
➖
BOLSWORTH, Alan George resigned
director
2024-10-15
➖
BOLSWORTH, Andrew resigned
director
2024-10-15
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-15
🔓
Charge satisfied #5
2024-10-14
🔒
Charge registered #7
Lender: Andrew Bolsworth
2024-10-14
🔒
Charge registered #6
Lender: Barclays Bank PLC
2023-10-23
📄
accounts-with-accounts-type-full
accounts · AA
2022-12-21
📄
accounts-with-accounts-type-full
accounts · AA
2022-10-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-10-24
➕
BOLSWORTH, Alan appointed
director
2021-06-02
🔓
Charge satisfied #3
2021-06-02
🔓
Charge satisfied #2
2021-05-27
🔒
Charge registered #5
Lender: Bibby Invoice Discounting Limited
2021-05-27
🔒
Charge registered #4
Lender: Tc Security Trustee Limited (As Security Trustee)
2006-11-16
🔓
Charge satisfied #1
2006-03-27
🔒
Charge registered #3
Lender: The Royal Bank of Scotland PLC
2004-09-28
🔒
Charge registered #2
Lender: The Royal Bank of Scotland Commercial Services Limited
2002-04-12
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
2002-01-31
🏢
Company incorporated
As A & D LOGISTICS LIMITED
2002-01-31
➕
BOLSWORTH, Andrew appointed
secretary
2002-01-31
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2002-01-31
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
2002-01-31
➕
BOLSWORTH, Alan George appointed
director
2002-01-31
➕
BOLSWORTH, Andrew appointed
director
2002-01-31
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-nominee-director
2002-01-31
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director

Owner dependency

50/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100

Weak signal

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

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.

Group structure

A & D Logistics Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

A & D Logistics Holdings Ltd

Corporate parent · holds 75-100% shares

ultimate parent

⬇

A & D LOGISTICS LIMITED

This company · SC227602

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
A & D Logistics Holdings Ltd Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

2 historic (ceased) PSCs

Mr Andrew Bolsworthceased 06/04/2016· 25-50% shares · 25-50% voting
Mr Alan George Bolsworthceased 06/04/2016· 25-50% shares · 25-50% voting

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

Active · Transport & logistics · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
8 SEATER TRAVEL LTD→ SC766692 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
AAI INTERNATIONAL SCOTLAND LIMITED→ SC383141 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
AIR SEA SCOTLAND LIMITED→ SC099791 · est 1986 · no financials extracted	—	—	—	—	39y	—	—
ALLMAR MARINE SERVICES LTD.→ SC588982 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
ANDO CONTRACTS LTD→ SC626061 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
ARBAT HAULPRO LTD→ SC862648 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AS AVIATION CONSULTANTS LTD→ SC737440 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
B & S TAYLOR LIMITED→ SC269636 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
BALMORE STORAGE LTD→ SC850033 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BERNARD TSURO LIMITED→ SC882526 · est 2026 · no financials extracted	—	—	—	—	—	—	—
BUTE BERTHING CO LIMITED→ SC142148 · est 1993 · no financials extracted	—	—	—	—	33y	—	—
BUTE BOAT TOURS LTD→ SC650434 · est 2019 · no financials extracted	—	—	—	—	6y	—	—

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

Incorporated2002-01-31

Jurisdictionscotland

Primary SIC49410 — Freight transport by road

Registered office

23 Pegasus Avenue

Linwood

Renfrewshire

PA1 2FE

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-02-14

Last: 2026-01-31

Officers (4 active · 5 resigned)

BOLSWORTH, Alan→

secretary · appointed 2024-10-15

View their other companies + combined net worth →

Active

BOLSWORTH, Alan→

director · ~47y · appointed 2022-10-24

View their other companies + combined net worth →

Active

MCELWEE, Mark→

director · ~40y · appointed 2024-10-22

View their other companies + combined net worth →

Active

SMITH, Pamela→

director · ~35y · appointed 2024-10-22

View their other companies + combined net worth →

Active

BOLSWORTH, Andrew→

secretary · appointed 2002-01-31 · resigned 2024-10-15

Resigned

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2002-01-31 · resigned 2002-01-31

Resigned

BOLSWORTH, Alan George→

director · ~71y · appointed 2002-01-31 · resigned 2024-10-15

Resigned

BOLSWORTH, Andrew→

director · ~67y · appointed 2002-01-31 · resigned 2024-10-15

Resigned

JORDANS (SCOTLAND) LIMITED→

corporate-nominee-director · appointed 2002-01-31 · resigned 2002-01-31

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:7 of 7 shown

		Type	Properties
outstanding	Andrew Bolsworth / Alan George Bolsworth	A registered charge	—	14/10/2024	—
outstanding	Barclays Barclays Bank PLC	A registered charge	—	14/10/2024	—
satisfied	Bibby Financial Services Bibby Invoice Discounting Limited	A registered charge	—	27/05/2021	15/10/2024
outstanding	Tc Security Trustee (As Security Trustee) Tc Security Trustee Limited (As Security Trustee)	A registered charge	—	27/05/2021	—
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	27/03/2006	02/06/2021
satisfied	Lloyds Banking Group The Royal Bank of Scotland Commercial Services Limited	Floating charge	1 property	28/09/2004	02/06/2021
satisfied	Virgin Money Clydesdale Bank Public Limited Company	Floating charge	1 property	12/04/2002	16/11/2006

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (94 total)

accounts-with-accounts-type-medium

accounts · AA

2026-03-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-03-13

replacement-filing-of-director-appointment-with-name

officers · RP01AP01

2026-03-13

change-person-director-company-with-change-date

officers · CH01

2026-03-13

change-person-director-company-with-change-date

officers · CH01

2025-06-02

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-06-02

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-02-20

accounts-with-accounts-type-full

accounts · AA

2024-11-13

mortgage-alter-floating-charge-with-number

mortgage · 466(Scot)

2024-10-24

appoint-person-director-company-with-name-date

officers · AP01

2024-10-22

appoint-person-director-company-with-name-date

officers · AP01

2024-10-22

mortgage-alter-floating-charge-with-number

mortgage · 466(Scot)

2024-10-22

mortgage-alter-floating-charge-with-number

mortgage · 466(Scot)

2024-10-18

termination-secretary-company-with-name-termination-date

officers · TM02

2024-10-16

appoint-person-secretary-company-with-name-date

officers · AP03

2024-10-16