ALLAN STEEL HAULAGE LTD

🌳Matureactive
SC411407 · ltd · incorporated 2011-11-16
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 Dec 2024
Net worth
£-162.5k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

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, 1 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
8 officers (2 active, 8 linked, 6 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £162,457

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£162k
↓ 24% YoY
Current Assets
£87k
↑ 85% YoY
Current Liabilities
-£162k-£113k-£63k-£13k£37k£87kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£110.2k£47.7k
Current assets£87.2k£47.1k
Net assets£-162.5k£-130.8k

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-06-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-10-02
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  4. 2023-10-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2023-09-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2023-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-09-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2023-08-28
    STEEL, Archie Campbell appointed
    director
  9. 2023-08-28
    STEEL, Archie Campbell resigned
    director
  10. 2023-08-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2022-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-03-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2021-07-09
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  14. 2021-06-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-01-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2021-01-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2021-01-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2021-01-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2021-01-01
    STEEL, Allan resigned
    director
  20. 2020-12-16
    STEEL, Amy Russell appointed
    director
  21. 2020-12-16
    STEEL, Archie Campbell appointed
    director
  22. 2020-12-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2020-12-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2020-01-01
    STEEL SNR, Allan resigned
    director
  25. 2011-12-01
    STEEL, Allan appointed
    director
  26. 2011-12-01
    STEEL SNR, Allan appointed
    director
  27. 2011-11-16
    🏢
    Company incorporated
    As ALLAN STEEL HAULAGE LTD
  28. 2011-11-16
    COSEC LIMITED appointed
    corporate-secretary
  29. 2011-11-16
    COSEC LIMITED resigned
    corporate-secretary
  30. 2011-11-16
    MCMEEKIN, James Stuart appointed
    director
  31. 2011-11-16
    MCMEEKIN, James Stuart resigned
    director
  32. 2011-11-16
    COSEC LIMITED appointed
    corporate-director
  33. 2011-11-16
    COSEC LIMITED resigned
    corporate-director

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "STEEL" — strong identity link between founder and business.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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
Mr Archie Campbell Steel
Individual · British · DOB 12/1978 · age 48
2550%
25–50%board control25-50% shares · 25-50% voting · board control15/09/2023
Mrs Amy Russell Steel
Individual · British · DOB 09/1981 · age 45
2550%
25–50%board control25-50% shares · 25-50% voting · board control11/01/2021
1 historic (ceased) PSC
  • Mr Allan Steelceased 15/09/2023· 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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2011-11-16
Jurisdictionscotland
Primary SIC49410 — Freight transport by road

Registered office

1 Brodick Drive
East Kilbride
Glasgow
G74 4EZ
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-06
Last: 2025-10-23

Officers (2 active · 6 resigned)

STEEL, Amy Russell
director · ~45y · appointed 2020-12-16
View their other companies + combined net worth →
Active
STEEL, Archie Campbell
director · ~48y · appointed 2023-08-28
View their other companies + combined net worth →
Active
COSEC LIMITED
corporate-secretary · appointed 2011-11-16 · resigned 2011-11-16
Resigned
MCMEEKIN, James Stuart
director · ~59y · appointed 2011-11-16 · resigned 2011-11-16
Resigned
STEEL, Allan
director · ~53y · appointed 2011-12-01 · resigned 2021-01-01
Resigned
STEEL, Archie Campbell
director · ~48y · appointed 2020-12-16 · resigned 2023-08-28
Resigned
STEEL SNR, Allan
director · ~79y · appointed 2011-12-01 · resigned 2020-01-01
Resigned
COSEC LIMITED
corporate-director · appointed 2011-11-16 · resigned 2011-11-16
Resigned

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

Recent filings (56 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-24
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2024-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-23
appoint-person-director-company-with-name-date
officers · AP01
2023-10-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-09-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-26
termination-director-company-with-name-termination-date
officers · TM01
2023-08-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-10