CRUISE LOCH LOMOND LIMITED
🌳Matureactive
SC054414 · ltd · incorporated 1973-11-05
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£929.7k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 50300
Sector: Transportation & storage
ALSO REGISTERED FOR
- 56101Licenced restaurants
Investor take
PursueActive trading company with a 60-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 57/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (53/100).
🏦
Refinance opportunity
24 live charges · 4 lenders · oldest 46.2y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 46.2 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
24 charges (24/24 with lender, 24/24 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
138 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £929,719
Cash YoY
+112%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£437k
↑ 112% YoY
Net Worth
£930k
↑ 41% YoY
Current Assets
£518k
↑ 91% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £1.13M | £1.12M |
| Current assets | £518.2k | £272.0k |
| Cash | £437.2k | £205.8k |
| Debtors | £72.6k | £61.6k |
| Net assets | £929.7k | £661.4k |
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
4
filings
- • 2 capital
- • 1 incorporation
- • 1 resolution
Counts from Companies House filing history.
Corporate timeline (53 events)Click to expand
- 2026-01-14📄capital-cancellation-sharescapital · SH06
- 2026-01-14📄capital-return-purchase-own-sharescapital · SH03
- 2025-12-19📄memorandum-articlesincorporation · MA
- 2025-12-18📄resolutionresolution · RESOLUTIONS
- 2025-09-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-28📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-07-14➖POUSTIE, Marie Teresa resignedsecretary
- 2021-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-28📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-05-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-05-19🔒Charge registered #25Lender: Clydesdale Bank PLC
- 2017-05-19🔒Charge registered #24Lender: Clydesdale Bank PLC
- 2017-05-19🔒Charge registered #23Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2017-05-19🔒Charge registered #22Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2017-05-19🔒Charge registered #21Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2017-05-19🔒Charge registered #20Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2017-05-09🔒Charge registered #19Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2017-05-09🔒Charge registered #18Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2017-05-09🔒Charge registered #17Lender: Clydesdale Bank PLC
- 2017-04-28🔒Charge registered #16Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2015-09-03🔒Charge registered #15Lender: Clydesdale Bank PLC
- 2015-02-12🔓Charge satisfied #7
- 2015-02-12🔓Charge satisfied #6
- 2015-02-12🔓Charge satisfied #5
- 2015-02-12🔓Charge satisfied #4
- 2011-05-24🔒Charge registered #14Lender: Clydesdale Bank PLC
- 2011-05-24🔒Charge registered #13Lender: Clydesdale Bank PLC
- 2011-05-16🔒Charge registered #12Lender: Clydesdale Bank PLC
- 2011-05-16🔒Charge registered #11Lender: Clydesdale Bank PLC
- 2011-04-12🔓Charge satisfied #3
- 2011-01-20🔓Charge satisfied #8
- 2010-11-29🔒Charge registered #10Lender: Clydesdale Bank PLC
- 2010-09-29🔒Charge registered #9Lender: Clydesdale Bank PLC
- 1999-12-05➖CORDNER, Stuart Roi resigneddirector
- 1998-01-04➕CORDNER, Stuart Andrew appointeddirector
- 1997-06-18🔒Charge registered #8Lender: The Governor and Company of the Bank of Scotland
- 1996-06-25🔒Charge registered #7Lender: The Governor and Company of the Bank of Scotland
- 1994-03-29🔒Charge registered #6Lender: The Governor and Company of the Bank of Scotland
- 1994-01-26🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland
- 1990-08-10🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 1990-06-16➖CORDNER, Elizabeth Jean resignedsecretary
- 1990-06-16➕POUSTIE, Marie Teresa appointedsecretary
- 1986-05-12🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
Showing most recent 50 of 53 events
Owner dependency
76/100
High — earn-out structure requiredMaterial 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.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 52 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 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
17 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stuart Andrew Cordner Individual · British · DOB 08/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Iain Derek Moore Individual · British · DOB 06/1966 · age 60 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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 · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DJ TURNER SERVICES LTD→ SC830883 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ERIC DELIVERY LIMITED→ SC880785 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ESMART RENTALS LIMITED→ SC750505 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| F CALLAGHAN TRANSPORT LTD→ SC751616 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| FALCON TECH EXPORT LTD→ SC812312 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FAST AND FAIR TRANSPORT LTD→ SC866865 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FAST TRACK AIRPORT TRANSFER LTD→ SC821251 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FERGUSON’S MAN & VAN + FURNITURE LTD→ SC668085 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| FIRST GLASGOW (NO.2) LIMITED→ SC127012 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| FLEETXPRESS TRANSPORT LTD→ SC858458 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FOCUS HIGHWAY LTD→ SC883783 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FOULPAPPLE LIMITED→ SC377700 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
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
Incorporated1973-11-05
Jurisdictionscotland
Primary SIC50300 — SIC 50300
Registered office
The Boatyard Tarbet
Loch Lomond
Arrochar
Dunbartonshire
G83 7DG
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-28
Last: 2025-07-14
Officers (2 active · 3 resigned)
CORDNER, Stuart Andrew→
Activedirector · ~55y · appointed 1998-01-04
View their other companies + combined net worth →
Active
CORDNER, Elizabeth Jean→
Resignedsecretary · resigned 1990-06-16
POUSTIE, Marie Teresa→
Resignedsecretary · appointed 1990-06-16 · resigned 2022-07-14
CORDNER, Stuart Roi→
Resigneddirector · ~86y · resigned 1999-12-05
Click a director name to see their full track record across all companies.
Mortgages & charges
24
Total charges
17
Outstanding
1
Active lenders
Status:Lender:24 of 24 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 19/05/2017 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 19/05/2017 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | 1 property | 19/05/2017 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | 1 property | 19/05/2017 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | 1 property | 19/05/2017 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | 1 property | 19/05/2017 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | 1 property | 09/05/2017 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | 1 property | 09/05/2017 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 09/05/2017 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 28/04/2017 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 03/09/2015 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Mortgage of a ship | 1 property | 24/05/2011 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Mortgage of a ship | 1 property | 24/05/2011 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Deed of covenants | 1 property | 16/05/2011 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Deed of covenants | 1 property | 16/05/2011 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 29/11/2010 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 29/09/2010 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 18/06/1997 | 20/01/2011 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Marine mortgage | 1 property | 25/06/1996 | 12/02/2015 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 29/03/1994 | 12/02/2015 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Ships mortgage | 1 property | 26/01/1994 | 12/02/2015 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Fishing vessel mortgage | 1 property | 10/08/1990 | 12/02/2015 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Shipping mortgage | 1 property | 12/05/1986 | 12/04/2011 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 14/02/1980 | 04/04/1984 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (138 total)
capital-cancellation-shares
capital · SH06
2026-01-14
capital-return-purchase-own-shares
capital · SH03
2026-01-14
memorandum-articles
incorporation · MA
2025-12-19
resolution
resolution · RESOLUTIONS
2025-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-28
termination-secretary-company-with-name-termination-date
officers · TM02
2022-07-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-02