BEN FORREST HAULAGE LIMITED

🌿Early-stageactive
SC781101 · ltd · incorporated 2023-09-01
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
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 Sept 2024
Net worth
£-5.9k
book net assets
Opportunity
71/100
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 71/100 (strong), bankability 70/100. 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 (74/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £5,936

Key financials

1 year extracted from filed iXBRL accounts
Cash
£28k
Net Worth
-£6k
Current Assets
£71k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-30
Total assets£148.4k
Current assets£70.7k
Cash£27.9k
Debtors£42.9k
Net assets£-5.9k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2025-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-01-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2024-01-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2024-01-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-09-01
    🏢
    Company incorporated
    As BEN FORREST HAULAGE LIMITED
  7. 2023-09-01
    FORREST, Ben Aaron appointed
    director
  8. 2023-09-01
    MACDONALD, Kevin James appointed
    director
  9. 2023-09-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
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.
  • +Founder name in company name: Company name contains director surname "FORREST" — strong identity link between founder and business.
  • +Young company: Only 2.7 years old — management layer unlikely to be developed.

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.)

Group structure

Bulkweld Ltd holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
Bulkweld Ltd
Corporate parent · holds 50-75% shares · board control
majority
BEN FORREST HAULAGE LIMITED
This company · SC781101

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Bulkweld Ltd
Corporate entity
5075%
50–75%board control50-75% shares · 50-75% voting · board control01/12/2023
2 historic (ceased) PSCs
  • Frederick Mollonceased 01/12/2023· 25-50% shares · 25-50% voting
  • Mr Ben Aaron Forrestceased 01/12/2023· 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 →

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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
Incorporated2023-09-01
Jurisdictionscotland
Primary SIC49410 — Freight transport by road

Registered office

Unit 16 Houston Mains
Broxburn
West Lothian
EH52 6PA
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-14
Last: 2025-08-31

Officers (2 active · 0 resigned)

FORREST, Ben Aaron
director · ~28y · appointed 2023-09-01
View their other companies + combined net worth →
Active
MACDONALD, Kevin James
director · ~48y · appointed 2023-09-01
View their other companies + combined net worth →
Active

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

Recent filings (8 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-30
change-person-director-company-with-change-date
officers · CH01
2025-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-01-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-11
incorporation-company
incorporation · NEWINC
2023-09-01