R22 BT LIMITED

🌳Matureactive

SC473838 · ltd · incorporated 2014-03-31

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£21.2k

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Postal activities under universal service obligation

Sector: Transportation & storage

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (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: share sale to pe / searcher (73/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 4 total, 4 with control declared

Director network

1 connected companies via shared directors

Filing history

42 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £21,236

Net assets shrinking

Down £11,534 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£21k

↓ 35% YoY

Current Assets

£63k

↓ 22% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£47.2k	£62.7k
Current assets	£63.3k	£80.9k
Net assets	£21.2k	£32.8k

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

Recent activity

Last 30 days

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2025-10-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-09
📄
change-person-director-company-with-change-date
officers · CH01
2021-11-09
📄
change-person-director-company-with-change-date
officers · CH01
2021-11-09
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-11-09
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-11-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-20
📄
change-person-director-company-with-change-date
officers · CH01
2019-11-20
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-11-20
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2019-11-20
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-11-20
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2019-11-20
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-07-19
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-05-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-05-09
➕
AHMED, Nadeem appointed
director
2019-05-09
➕
AHMED, Sayeed appointed
director
2019-05-09
➖
DI CIACCA, Remo resigned
director
2019-05-09
➖
FEENEY, Terence resigned
director
2014-03-31
🏢
Company incorporated
As R22 BT LIMITED
2014-03-31
➕
DI CIACCA, Remo appointed
director
2014-03-31
➕
FEENEY, Terence appointed
director

Owner dependency

74/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Senior director age: Director aged approximately 58 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr Nadeem Ahmed Individual · British · DOB 08/1975 · age 51	25–50%	—	25-50% shares	09/05/2019
Mr Sayeed Ahmed Individual · British · DOB 09/1968 · age 58	25–50%	—	25-50% shares	09/05/2019

2 historic (ceased) PSCs

Mr Remo Di Ciaccaceased 09/05/2019· 25-50% shares · 25-50% voting · board control
Mr Terence Feeneyceased 09/05/2019· 25-50% shares · 25-50% voting · board control

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 · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
FUTURE DELIVERIES LTD→ SC846060 · est 2025 · no financials extracted	—	—	—	—	—	—	—
G R MCLUSKEY & SON TRANSPORT LIMITED→ SC656697 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
JOATMOS-GAAG LIMITED→ SC327156 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
M LOGISTIC PERTH LTD→ SC845433 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
MCLAUGHLAN TRANSPORT (PERTH) LIMITED→ SC106138 · est 1987 · no financials extracted	—	—	—	—	38y	—	—
MILLS CONTRACTORS LIMITED→ SC277764 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
MJG LOGISTICS LTD→ SC846411 · est 2025 · no financials extracted	—	—	—	—	—	—	—
MUCK DOCKERS LTD→ SC880310 · est 2026 · no financials extracted	—	—	—	—	—	—	—
MUIRTON P.O. LTD→ SC797630 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
PERTH RADIO TAXIS (TRADING) LTD→ SC797636 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
ROSSCO LOGISTICS LIMITED→ SC616133 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ROWANRIDGE LIMITED→ SC194529 · est 1999 · no financials extracted	—	—	—	—	27y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2014-03-31

Jurisdictionscotland

Primary SIC53100 — Postal activities under universal service obligation

Registered office

2 Marshall Place

Perth

PH2 8AH

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-14

Last: 2026-03-31

Officers (2 active · 2 resigned)

AHMED, Nadeem→

director · ~51y · appointed 2019-05-09

View their other companies + combined net worth →

Active

AHMED, Sayeed→

director · ~58y · appointed 2019-05-09

View their other companies + combined net worth →

Active

DI CIACCA, Remo→

director · ~64y · appointed 2014-03-31 · resigned 2019-05-09

Resigned

FEENEY, Terence→

director · ~62y · appointed 2014-03-31 · resigned 2019-05-09

Resigned

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