A & D LOGISTICS HOLDINGS LTD

💤Zombieactive
SC514714 · ltd · incorporated 2015-09-03
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.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£2.07M
book net assets
Opportunity
69/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

8 live charges · 6 lenders · oldest 9.6y

15/100
under pressure

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

  • · Oldest live charge is 9.6 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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
50
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
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 £2,066,268
Very low cash
Cash position: £99

Key financials

1 year extracted from filed iXBRL accounts
Cash
£99
Net Worth
£2.1m
Current Assets
£6k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£3.01M
Current assets£6.4k
Cash£99
Debtors£6.3k
Net assets£2.07M

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-06-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-05-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-05-27
    🔓
    Charge satisfied #4
  5. 2024-11-13
    📄
    accounts-with-accounts-type-group
    accounts · AA
  6. 2024-10-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-10-24
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  8. 2024-10-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  9. 2024-10-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2024-10-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2024-10-18
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  12. 2024-10-17
    🔒
    Charge registered #8
    Lender: Andrew Bolsworth
  13. 2024-10-16
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2024-10-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2024-10-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2024-10-16
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  17. 2024-10-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2024-10-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2024-10-15
    BOLSWORTH, Alan appointed
    secretary
  20. 2024-10-15
    BOLSWORTH, Alan appointed
    director
  21. 2024-10-15
    BOLSWORTH, Andrew resigned
    secretary
  22. 2024-10-15
    BOLSWORTH, Alan George resigned
    director
  23. 2024-10-15
    BOLSWORTH, Andrew resigned
    director
  24. 2024-10-14
    🔒
    Charge registered #7
    Lender: Andrew Bolsworth
  25. 2023-10-23
    📄
    accounts-with-accounts-type-group
    accounts · AA
  26. 2022-12-22
    📄
    accounts-with-accounts-type-group
    accounts · AA
  27. 2021-10-12
    📄
    accounts-with-accounts-type-group
    accounts · AA
  28. 2021-07-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  29. 2021-07-19
    🔒
    Charge registered #6
    Lender: Tc Security Trustee Limited as Security Trustee
  30. 2021-06-11
    🔒
    Charge registered #5
    Lender: Tc Security Trustee Limited (As Security Trustee of the Secured Parties)
  31. 2021-06-02
    🔓
    Charge satisfied #2
  32. 2021-06-02
    🔓
    Charge satisfied #1
  33. 2021-05-27
    🔒
    Charge registered #4
    Lender: Bibby Invoice Discounting Limited
  34. 2021-05-27
    🔒
    Charge registered #3
    Lender: Tc Security Trustee Limited (As Security Trustee)
  35. 2016-10-07
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  36. 2016-09-22
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  37. 2015-09-03
    🏢
    Company incorporated
    As A & D LOGISTICS HOLDINGS LTD
  38. 2015-09-03
    BOLSWORTH, Andrew appointed
    secretary
  39. 2015-09-03
    BOLSWORTH, Alan George appointed
    director
  40. 2015-09-03
    BOLSWORTH, Andrew appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med · 1 low
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.

5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

1620 Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
1620 Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
A & D LOGISTICS HOLDINGS LTD
This company · SC514714

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%
NameSharesVoting rightsNature of controlNotified
1620 Holdings Limited
Corporate entity
75100%
75-100% shares14/10/2024
2 historic (ceased) PSCs
  • Mr Alan George Bolsworthceased 15/10/2024· 25-50% shares · 25-50% voting
  • Mr Andrew Bolsworthceased 15/10/2024· 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 · Holding company · PA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
5M HOLDINGS LTD
SC690206 · est 2021 · no financials extracted
5y
AGM GROUP LIMITED
SC298883 · est 2006 · no financials extracted
20y
ANDSTRAT (NO. 156) LIMITED
SC236335 · est 2002 · no financials extracted
23y
ARMOUR CLAD LIMITED
SC443329 · est 2013 · no financials extracted
13y
ARRANGLEN LIMITED
SC182141 · est 1998 · no financials extracted
28y
ATKINSON & SELLAR GROUP LTD
SC733001 · est 2022 · no financials extracted
3y
BALGAY, DRUMS & ORMSARY LIMITED
SC051551 · est 1972 · no financials extracted
53y
BD LAND MANAGEMENT LIMITED
SC332025 · est 2007 · no financials extracted
18y
BELL RESIDENTIAL HOMES LTD
SC855759 · est 2025 · no financials extracted
BLONDIE BROWNIE HOLDINGS LTD
SC710021 · est 2021 · no financials extracted
4y
BLOSSHOME PROPERTY MANAGEMENT LTD
SC661113 · est 2020 · no financials extracted
5y
BLYTHSWOOD HOLDINGS LTD
SC646997 · est 2019 · no financials extracted
6y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2015-09-03
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

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: 2026-09-16
Last: 2025-09-02

Officers (2 active · 3 resigned)

BOLSWORTH, Alan
secretary · appointed 2024-10-15
View their other companies + combined net worth →
Active
BOLSWORTH, Alan
director · ~47y · appointed 2024-10-15
View their other companies + combined net worth →
Active
BOLSWORTH, Andrew
secretary · appointed 2015-09-03 · resigned 2024-10-15
Resigned
BOLSWORTH, Alan George
director · ~71y · appointed 2015-09-03 · resigned 2024-10-15
Resigned
BOLSWORTH, Andrew
director · ~67y · appointed 2015-09-03 · resigned 2024-10-15
Resigned

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

Mortgages & charges

8
Total charges
5
Outstanding
4
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Andrew Bolsworth / Alan George Bolsworth
A registered charge1 property17/10/2024
outstanding
Andrew Bolsworth / Alan George Bolsworth
A registered charge14/10/2024
outstanding
Tc Security Trustee as Security Trustee
Tc Security Trustee Limited as Security Trustee
A registered charge19/07/2021
outstanding
Tc Security Trustee (As Security Trustee of the Secured Parties)
Tc Security Trustee Limited (As Security Trustee of the Secured Parties)
A registered charge1 property11/06/2021
satisfied
Bibby Financial Services
Bibby Invoice Discounting Limited
A registered charge27/05/202127/05/2025
outstanding
Tc Security Trustee (As Security Trustee)
Tc Security Trustee Limited (As Security Trustee)
A registered charge27/05/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property07/10/201602/06/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge22/09/201602/06/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (52 total)

accounts-with-accounts-type-small
accounts · AA
2026-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-02
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-27
accounts-with-accounts-type-group
accounts · AA
2024-11-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-29
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-10-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-21
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-10-18
termination-secretary-company-with-name-termination-date
officers · TM02
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
appoint-person-secretary-company-with-name-date
officers · AP03
2024-10-16