ALLAN STEEL HAULAGE LTD
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| 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.
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
- • 1 confirmation-statement
Corporate timeline (33 events)Click to expand
- 2025-06-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-02📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2023-10-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-09-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-08-28➕STEEL, Archie Campbell appointeddirector
- 2023-08-28➖STEEL, Archie Campbell resigneddirector
- 2023-08-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-07-09📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2021-06-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-01-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-01-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-01➖STEEL, Allan resigneddirector
- 2020-12-16➕STEEL, Amy Russell appointeddirector
- 2020-12-16➕STEEL, Archie Campbell appointeddirector
- 2020-12-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-12-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-01-01➖STEEL SNR, Allan resigneddirector
- 2011-12-01➕STEEL, Allan appointeddirector
- 2011-12-01➕STEEL SNR, Allan appointeddirector
- 2011-11-16🏢Company incorporatedAs ALLAN STEEL HAULAGE LTD
- 2011-11-16➕COSEC LIMITED appointedcorporate-secretary
- 2011-11-16➖COSEC LIMITED resignedcorporate-secretary
- 2011-11-16➕MCMEEKIN, James Stuart appointeddirector
- 2011-11-16➖MCMEEKIN, James Stuart resigneddirector
- 2011-11-16➕COSEC LIMITED appointedcorporate-director
- 2011-11-16➖COSEC LIMITED resignedcorporate-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Archie Campbell Steel Individual · British · DOB 12/1978 · age 48 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 15/09/2023 |
Mrs Amy Russell Steel Individual · British · DOB 09/1981 · age 45 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 11/01/2021 |
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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (2 active · 6 resigned)
Click a director name to see their full track record across all companies.