H LOGISTICS LIMITED

💤Zombieactive
SC242751 · ltd · incorporated 2003-01-22
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 46630
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 59113Television programme production activities
  • 93199Other sports activities
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 19.6y

30/100
under pressure

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

  • · Oldest live charge is 19.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 1 with DOB)
74
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2023-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-02-14
    HEAD, George Alec resigned
    secretary
  6. 2022-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-09-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-02-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-09-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-07-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2015-06-26
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  17. 2015-02-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2013-05-01
    HEAD, George Alec appointed
    secretary
  19. 2006-10-19
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  20. 2003-01-22
    🏢
    Company incorporated
    As H LOGISTICS LIMITED
  21. 2003-01-22
    HEAD, Lucy appointed
    secretary
  22. 2003-01-22
    HEAD, Robert Lyle appointed
    director
  23. 2003-01-22
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  24. 2003-01-22
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  25. 2003-01-22
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  26. 2003-01-22
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

93/100
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.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

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 Robert Lyle Head
Individual · British · DOB 05/1968 · age 58
2550%
25-50% shares06/04/2016
Mrs Lucy Pamela Alston Legacy-Head
Individual · British · DOB 04/1975 · age 51
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

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
Incorporated2003-01-22
Jurisdictionscotland
Primary SIC46630 — SIC 46630

Registered office

5 Young Road
Caldwellside Industrial Estate
Lanark
Lanarkshire
ML11 7SR

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-05
Last: 2026-01-22

Officers (2 active · 3 resigned)

HEAD, Lucy
secretary · appointed 2003-01-22
View their other companies + combined net worth →
Active
HEAD, Robert Lyle
director · ~58y · appointed 2003-01-22
View their other companies + combined net worth →
Active
HEAD, George Alec
secretary · appointed 2013-05-01 · resigned 2023-02-14
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2003-01-22 · resigned 2003-01-22
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 2003-01-22 · resigned 2003-01-22
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge26/06/2015
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property19/10/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (69 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-05
termination-secretary-company-with-name-termination-date
officers · TM02
2024-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-31