BUS & COACH LEASING
- · Oldest live charge 39.7y old — refinance window within 12 months
Opportunity 64/100 (worth a look), bankability 75/100. Strong seller-intent signal (78/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (73/100).
Refinance opportunity
1 live charge · oldest 39.7y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 39.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: low (53/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (78 events)Click to expand
- 2010-05-04📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2010-05-04🏁Company dissolved
- 2010-01-19📄gazette-notice-voluntarygazette · GAZ1(A)
- 2010-01-04📄dissolution-application-strike-off-companydissolution · DS01
- 2009-09-15✏️certificate-re-registration-limited-to-unlimitedchange-of-name · CERT3
- 2009-09-15📄re-registration-memorandum-articlesincorporation · MAR
- 2009-09-15📄legacyreregistration · 49(8)(a)
- 2009-09-15📄legacyreregistration · 49(1)
- 2009-09-15📄legacyreregistration · 49(8)(b)
- 2009-04-04📄accounts-with-accounts-type-fullaccounts · AA
- 2009-03-04📄legacyannual-return · 363a
- 2008-03-25📄accounts-with-accounts-type-fullaccounts · AA
- 2008-02-15📄legacyannual-return · 363a
- 2007-07-09📄accounts-with-accounts-type-fullaccounts · AA
- 2007-03-12📄legacyannual-return · 363a
- 2007-01-16📄legacyofficers · 288b
- 2007-01-02➖RECALDIN, Simon Dominic resigneddirector
- 2006-04-10📄accounts-with-accounts-type-fullaccounts · AA
- 2006-03-09📄legacyannual-return · 363a
- 2005-09-21📄accounts-with-accounts-type-fullaccounts · AA
- 2005-09-13📄resolutionresolution · RESOLUTIONS
- 2005-03-04📄legacyannual-return · 363a
- 2004-09-20📄legacyofficers · 288c
- 2004-07-27📄auditors-resignation-companyauditors · AUD
- 2004-07-23📄auditors-resignation-companyauditors · AUD
- 2004-06-28📄legacyofficers · 288b
- 2004-06-28📄legacyofficers · 288b
- 2004-06-08➖DAVIDSON, Brian resigneddirector
- 2004-06-08➖GLOBE, Julie Ann resigneddirector
- 2004-06-08➖KEANEY, Michael Vincent resigneddirector
- 2004-01-01➕DAVIDSON, Brian appointeddirector
- 2004-01-01➕GLOBE, Julie Ann appointeddirector
- 2003-12-31➖FLEMING, John resigneddirector
- 2003-12-31➖MCKENZIE, Glynn resigneddirector
- 2003-06-01➕CLIBBENS, Nigel Timothy John appointeddirector
- 2003-06-01➕RECALDIN, Simon Dominic appointeddirector
- 2003-05-31➖FLINT, Eion Arthur Mcmorran resigneddirector
- 2003-05-31➖STUART, John David resigneddirector
- 2003-04-16➖DAVIDSON, Brian resigneddirector
- 2003-04-16➕KEANEY, Michael Vincent appointeddirector
- 2002-02-13➕DAVIDSON, Brian appointeddirector
- 2001-12-12➖SMITH, John Ingham resigneddirector
- 2001-07-01➕STUART, John David appointeddirector
- 2001-06-30➖KNOWLES, Christopher George resigneddirector
- 2001-04-12➕CUNNINGHAM, Angela Mary appointedsecretary
- 2001-04-12➖BROMLEY, Heidi Elizabeth resignedsecretary
- 2001-02-01➖FLOWERDEW, David Edward resigneddirector
- 2001-02-01➕KNOWLES, Christopher George appointeddirector
- 2001-01-01➖CHIVERS, Brian Arthur Calne resigneddirector
- 2001-01-01➕FLEMING, John appointeddirector
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.
- +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 40 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-05-04
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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8 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 (0 active · 28 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lombard North Central . Lombard North Central PLC. | Mortgage debenture | 1 property | 23/09/1986 | — |