PERTHSHIRE CARAVANS LIMITED

📉Decliningactive
SC057390 · ltd · incorporated 1975-03-21
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.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
Investor take
Pursue
Conservative operator with a 89-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 89). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 34.6y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 34.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 5 with DOB)
81
Ownership & PSC
3 active PSC(s) of 5 total, 5 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
124 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
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £57,149

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Profit before tax£57.1k£1.13M
Average employees757200

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

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-12-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-05-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2024-12-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2024-07-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-07-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-01-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2024-01-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2024-01-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2024-01-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-12-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2022-12-19
    📄
    accounts-with-accounts-type-group
    accounts · AA
  12. 2021-12-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2021-11-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2021-11-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2021-03-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2020-02-28
    WRIGHT, Alan Christopher resigned
    secretary
  17. 2020-02-28
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2020-02-06
    📄
    memorandum-articles
    incorporation · MA
  19. 2020-02-06
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2015-07-31
    MCCORMACK, Claire appointed
    director
  21. 2011-11-21
    MCCORMACK, Ian Andrew appointed
    director
  22. 2010-12-20
    WRIGHT, Alan Christopher appointed
    secretary
  23. 2010-08-27
    WHYTE, Peter Anderson resigned
    secretary
  24. 1999-08-02
    WHYTE, Peter Anderson appointed
    secretary
  25. 1999-08-01
    LILLEY, Stephen Martyn resigned
    secretary
  26. 1994-12-21
    🔓
    Charge satisfied #1
  27. 1994-08-09
    🔒
    Charge registered #2
    Lender: Volkswagen Financial Services (UK) Limited
  28. 1993-05-14
    LILLEY, Stephen Martyn appointed
    secretary
  29. 1993-05-14
    OWER, Robert Morrison resigned
    secretary
  30. 1993-01-14
    MITCHELL, Alan resigned
    director
  31. 1991-10-02
    🔒
    Charge registered #1
    Lender: Lloyds Bowmaker Limited
  32. 1975-03-21
    🏢
    Company incorporated
    As PERTHSHIRE CARAVANS LIMITED

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 89 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 89 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 14 years.
  • secondaryStable-but-static management: Company is 51 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Jean Elizabeth Wallace Mccormack
Individual · British · DOB 06/1938 · age 88
2550%
25–50%25-50% shares · 25-50% voting10/04/2025
Mr Ian Andrew Mccormack
Individual · British · DOB 01/1978 · age 48
sig. influencesignificant influence01/04/2023
Claire Mccormack
Individual · British · DOB 03/1981 · age 45
sig. influencesignificant influence01/04/2023
2 historic (ceased) PSCs
  • Mr Ian Mccormackceased 01/04/2023· 25-50% shares · 25-50% voting
  • Peter Mccormackceased 01/04/2023· 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 →

Similar companies

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CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DOUGLAS CAMERON (PERTH) LIMITED
SC100636 · est 1986
£4.61M
£3.69M£5.53M
5739y8581y
CAMERON MOTORS (PERTH) LIMITED
SC057921 · est 1975
£1.74M
£1.39M£2.09M
6250y8481y
IAN H. CAMERON LIMITED
SC035342 · est 1960
£1.73M
£1.38M£2.07M
4465y8581y
ACTIVE SERVICE LIMITED
SC300374 · est 2006
720y8270y
CALLISTO GOLF EQUIPMENT LIMITED
SC192559 · est 1999 · no financials extracted
27y8278y
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SC294891 · est 2005
420y8262y
DRYSDALE MOTORCYCLES LIMITED
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GORDON MOTORS (CRIEFF) LIMITED
SC335313 · est 2007
90018y8270y
MOVING METAL LTD
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SC173818 · est 1997 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated1975-03-21
Jurisdictionscotland
Primary SIC45111 — Sale of new cars and light motor vehicles

Registered office

Dundee Road
Errol
Perthshire
PH2 7SR

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-11
Last: 2025-05-28

Officers (4 active · 5 resigned)

MCCORMACK, Claire
director · ~45y · appointed 2015-07-31
View their other companies + combined net worth →
Active
MCCORMACK, Ian Andrew
director · ~48y · appointed 2011-11-21
View their other companies + combined net worth →
Active
MCCORMACK, Ian
director · ~82y
View their other companies + combined net worth →
Active
MCCORMACK, Peter
director · ~89y
View their other companies + combined net worth →
Active
LILLEY, Stephen Martyn
secretary · appointed 1993-05-14 · resigned 1999-08-01
Resigned
OWER, Robert Morrison
secretary · resigned 1993-05-14
Resigned
WHYTE, Peter Anderson
secretary · appointed 1999-08-02 · resigned 2010-08-27
Resigned
WRIGHT, Alan Christopher
secretary · appointed 2010-12-20 · resigned 2020-02-28
Resigned
MITCHELL, Alan
director · ~89y · resigned 1993-01-14
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Volkswagen Financial Services (UK)
Volkswagen Financial Services (UK) Limited
Assignation1 property09/08/1994
satisfied
Lloyds Banking Group
Lloyds Bowmaker Limited
Assignation in security1 property02/10/199121/12/1994
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (124 total)

accounts-with-accounts-type-full
accounts · AA
2025-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-06
accounts-with-accounts-type-full
accounts · AA
2024-12-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-11
change-person-director-company-with-change-date
officers · CH01
2024-07-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-01-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-01-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-03
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-03
accounts-with-accounts-type-full
accounts · AA
2023-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-05
accounts-with-accounts-type-group
accounts · AA
2022-12-19