ALBA TRAVEL (INVERNESS) LIMITED

⚰️Wound downdissolved
SC063542 · ltd · incorporated 1977-11-23
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
55/100
Worth a look
🔔
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What this business does
Primary activity: Travel agency activities
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 55/100 (worth a look), bankability 72/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

6 live charges · 3 lenders · oldest 47.3y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 47.3 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
18 officers (2 active, 18 linked, 12 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
167 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

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 (63 events)Click to expand
  1. 2024-01-02
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2024-01-02
    🏁
    Company dissolved
  3. 2023-12-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2023-12-06
    🔓
    Charge satisfied #6
  5. 2023-11-14
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  6. 2023-10-17
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  7. 2023-10-05
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  8. 2023-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-08-31
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  10. 2022-08-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-09-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2020-08-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2019-12-02
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  14. 2019-12-02
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2019-11-30
    CAIRNEY, Ronnie appointed
    secretary
  16. 2019-11-30
    GRAY, Douglas resigned
    secretary
  17. 2019-05-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2019-04-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2019-04-30
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  20. 2019-04-30
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  21. 2019-04-26
    FEE, Peter Francis resigned
    secretary
  22. 2019-04-26
    GRAY, Douglas appointed
    secretary
  23. 2019-04-26
    FEE, Peter Francis resigned
    director
  24. 2019-01-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  25. 2018-10-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  26. 2018-06-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  27. 2018-05-24
    🔒
    Charge registered #6
    Lender: Barclays Bank PLC
  28. 2018-02-16
    FEE, Peter Francis appointed
    director
  29. 2017-12-29
    DOWNIE, Joyce resigned
    director
  30. 2017-06-30
    POTTER, Brian Sutherland resigned
    director
  31. 2016-05-10
    🔓
    Charge satisfied #5
  32. 2015-09-01
    CRONJE, Paul Johannes appointed
    director
  33. 2014-11-18
    FEE, Peter Francis appointed
    secretary
  34. 2014-10-01
    🔓
    Charge satisfied #4
  35. 2014-09-29
    WRAY, Andrew Robert resigned
    secretary
  36. 2014-09-29
    THOMAS, George Leonard resigned
    director
  37. 2014-09-29
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  38. 2008-12-17
    THOMAS, George Leonard appointed
    director
  39. 2008-11-12
    🔓
    Charge satisfied #1
  40. 2008-01-31
    LIVINGSTONE, David James Duncan resigned
    director
  41. 2008-01-31
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  42. 2008-01-23
    MILNE, Joyce resigned
    director
  43. 2007-03-01
    WRAY, Andrew Robert appointed
    secretary
  44. 2007-02-28
    MILNE, Joyce resigned
    secretary
  45. 2007-02-28
    DOWNIE, Joyce appointed
    director
  46. 2007-02-28
    GORDON, Clare Louise resigned
    director
  47. 2007-02-28
    IAN, Tracy Margaret resigned
    director
  48. 2007-02-28
    LIVINGSTONE, David James Duncan appointed
    director
  49. 2007-02-28
    MACIVER, Kathleen Jane resigned
    director
  50. 2007-02-28
    POTTER, Brian Sutherland appointed
    director
Showing most recent 50 of 63 events

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

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 48 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 · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2024-01-02

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.

Group structure

The Clyde Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
The Clyde Group Ltd
Corporate parent · holds 75-100% shares
ultimate parent
ALBA TRAVEL (INVERNESS) LIMITED
This company · SC063542

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
The Clyde Group Ltd
Corporate entity
75100%
75-100% shares06/04/2016
1 historic (ceased) PSC
  • Mr Staffan Werner Hultgrenceased 05/05/2016· significant influence

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

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.

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Company details

Statusdissolved
Typeltd
Incorporated1977-11-23
Jurisdictionscotland
Primary SIC79110 — Travel agency activities

Registered office

Alba House 2 Central Avenue
Clydebank Business Park
Clydebank
West Dunbartonshire
G81 2QR
Scotland

Filing status

Accounts
Next due:
Last made up to: 2022-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 16 resigned)

CAIRNEY, Ronnie
secretary · appointed 2019-11-30
View their other companies + combined net worth →
Active
CRONJE, Paul Johannes
director · ~47y · appointed 2015-09-01
View their other companies + combined net worth →
Active
DUNNETT, Kathleen
secretary · resigned 1992-04-17
Resigned
FEE, Peter Francis
secretary · appointed 2014-11-18 · resigned 2019-04-26
Resigned
GRAY, Douglas
secretary · appointed 2019-04-26 · resigned 2019-11-30
Resigned
MILNE, Joyce
secretary · appointed 1992-04-20 · resigned 2007-02-28
Resigned
WRAY, Andrew Robert
secretary · appointed 2007-03-01 · resigned 2014-09-29
Resigned
BUNTING, Ann Caroline
director · ~87y · resigned 2000-03-28
Resigned
DOWNIE, Joyce
director · ~70y · appointed 2007-02-28 · resigned 2017-12-29
Resigned
DUNNETT, Kathleen
director · ~78y · resigned 1992-04-17
Resigned
FEE, Peter Francis
director · ~64y · appointed 2018-02-16 · resigned 2019-04-26
Resigned
GORDON, Clare Louise
director · ~53y · appointed 2000-03-28 · resigned 2007-02-28
Resigned
IAN, Tracy Margaret
director · ~62y · appointed 2000-03-28 · resigned 2007-02-28
Resigned
LIVINGSTONE, David James Duncan
director · ~85y · appointed 2007-02-28 · resigned 2008-01-31
Resigned
MACIVER, Kathleen Jane
director · ~65y · appointed 2000-03-28 · resigned 2007-02-28
Resigned
MILNE, Joyce
director · ~81y · resigned 2008-01-23
Resigned
POTTER, Brian Sutherland
director · ~66y · appointed 2007-02-28 · resigned 2017-06-30
Resigned
THOMAS, George Leonard
director · ~74y · appointed 2008-12-17 · resigned 2014-09-29
Resigned

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

Mortgages & charges

6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
A registered charge24/05/201806/12/2023
satisfied
Barclays
Barclays Bank PLC
A registered charge29/09/201410/05/2016
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property31/01/200801/10/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property21/03/199001/11/1999
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property11/09/198401/11/1999
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property27/12/197812/11/2008

Recent filings (167 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2024-01-02
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-06
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2023-11-14
gazette-notice-voluntary
gazette · GAZ1(A)
2023-10-17
dissolution-application-strike-off-company
dissolution · DS01
2023-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-29
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2022-08-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-25
accounts-with-accounts-type-small
accounts · AA
2021-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-12
accounts-with-accounts-type-full
accounts · AA
2020-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-22
appoint-person-secretary-company-with-name-date
officers · AP03
2019-12-02