WAVERLEY EXCURSIONS LIMITED

🌳Matureactive
SC070945 · ltd · incorporated 1980-03-19
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
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 Oct 2024
Net worth
£3.5k
book net assets
Opportunity
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 50100
Sector: Transportation & storage
Investor take
Pursue
Asset-holding vehicle with a 79-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 79). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
Confirmed no charges registered
85
Directors & officers
56 officers (9 active, 56 linked, 51 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
199 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
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
Positive net assets
Net assets £3,455
Cash YoY
-26%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£616k
↓ 26% YoY
Net Worth
£3k
~ YoY
Current Assets
£725k
↓ 22% YoY
Current Liabilities
£0£186k£371k£557k£742k£928kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£3.5k£3.5k
Current assets£724.7k£927.6k
Cash£616.4k£834.1k
Debtors£32.6k£43.7k
Net assets£3.5k£3.5k

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
2
filings
  • 1 officers
  • 1 confirmation-statement
Last 180 days
3
filings
  • 2 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (114 events)Click to expand
  1. 2026-03-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-03-03
    TOMLINSON, William appointed
    director
  3. 2025-07-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2024-07-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2024-05-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-05-08
    CRAIG, Gordon Hemphill appointed
    director
  7. 2023-12-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-06-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2022-06-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2021-07-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2021-06-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2021-06-24
    JOHNSON, Scott Marshall appointed
    director
  13. 2020-09-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2020-09-09
    MARSHALL, Cameron Graham resigned
    director
  15. 2020-07-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2019-09-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2019-09-03
    THOMPSON, Robert Joseph appointed
    director
  18. 2019-07-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2019-04-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2019-04-03
    PETERS, Derek Neil Irving appointed
    director
  21. 2019-01-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2019-01-14
    SHANKLAND, Ian Graham resigned
    director
  23. 2019-01-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  24. 2018-12-19
    DOCHERTY, Deryk John appointed
    secretary
  25. 2018-12-19
    SEMPLE, Paul William appointed
    director
  26. 2018-12-13
    EMERY, Victor Reginald resigned
    director
  27. 2018-12-13
    MEGORAN, John Hugh resigned
    director
  28. 2018-12-13
    SINCLAIR, William Lawrie resigned
    director
  29. 2018-12-13
    TAYLOR, George Alister resigned
    director
  30. 2018-12-05
    O'NEILL, Kathleen resigned
    secretary
  31. 2018-12-05
    O'NEILL, Kathleen Mary resigned
    director
  32. 2017-09-21
    EMERY, Victor Reginald appointed
    director
  33. 2017-09-12
    KELLS, David William resigned
    director
  34. 2014-12-11
    MARSHALL, Cameron Graham appointed
    director
  35. 2014-09-30
    JAMES, Nicolas John resigned
    director
  36. 2014-07-22
    MCMILLAN, James Stewart resigned
    director
  37. 2014-06-19
    PATERSON, Joseph Murray appointed
    director
  38. 2014-06-19
    JAMES, Nicolas John appointed
    director
  39. 2014-06-12
    KEMP, Noel Anthony resigned
    director
  40. 2014-04-17
    MEGORAN, John Hugh appointed
    director
  41. 2014-02-17
    SYLVESTER, John Terrence resigned
    director
  42. 2013-12-13
    TAYLOR, George Alister appointed
    director
  43. 2013-12-12
    STEWART, Allan ---, Mr. resigned
    director
  44. 2013-08-22
    DOCHERTY, Deryk John appointed
    director
  45. 2013-04-18
    O'NEILL, Kathleen Mary appointed
    director
  46. 2013-04-18
    SYLVESTER, John Terrence appointed
    director
  47. 2013-03-07
    KEMP, Noel Anthony appointed
    director
  48. 2013-03-07
    SHANKLAND, Ian Graham appointed
    director
  49. 2013-02-20
    ALLEN, Myra Helen Frances resigned
    director
  50. 2013-02-20
    LONGHURST, Martin Richard resigned
    director
Showing most recent 50 of 114 events

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -8 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 13 years.
  • 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.)

Group structure

Waverley Steam Navigation Co Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Waverley Steam Navigation Co Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
WAVERLEY EXCURSIONS LIMITED
This company · SC070945

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
Waverley Steam Navigation Co Limited
Corporate entity
75100%
board control75-100% shares · board control · firm interest07/01/2019
1 historic (ceased) PSC
  • Ms Kathleen Mary O'Neillceased 05/01/2019· 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 →

Similar companies

Active · Transport & logistics · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CARNTYNE TRANSPORT COMPANY LIMITED
SC032077 · est 1957
£18.37M
£13.78M£22.96M
34269y8889y
STEDER GROUP (UK) LIMITED
SC514277 · est 2015
£13.09M
£9.82M£16.37M
6410y8559y
TBR GLOBAL LIMITED
SC466687 · est 2014
£7.53M
£5.65M£9.42M
2312y8363y
ACCIDON'T LIMITED
SC196265 · est 1999
£1.85M
£1.38M£2.31M
827y8261y
AIR CHARTER SCOTLAND LIMITED
SC303971 · est 2006
£574.2k19y8365y
B & G CONTRACTS LIMITED
SC254571 · est 2003
£600.0k22y8371y
GARELOCHHEAD MINIBUSES & COACHES LTD.
SC203633 · est 2000
340026y8360y
ABBEY COACHES LTD.
SC215576 · est 2001
200025y8273y
ALBATRANS (UK) LIMITED
SC250946 · est 2003
£3.84M22y8269y
ALEXANDER MARITIME LTD.
SC276276 · est 2004
£3.8k21y8271y
AMS SCOTLAND LIMITED
SC312105 · est 2006
110019y8278y
AVIATION WEST LIMITED
SC130129 · est 1991
£74.5k35y8273y
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
Incorporated1980-03-19
Jurisdictionscotland
Primary SIC50100 — SIC 50100

Registered office

Waverley Terminal
36 Lancefield Quay
Glasgow
G3 8HA

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-01-26
Last: 2026-01-12

Officers (9 active · 47 resigned)

DOCHERTY, Deryk John
secretary · appointed 2018-12-19
View their other companies + combined net worth →
Active
CRAIG, Gordon Hemphill
director · ~74y · appointed 2024-05-08
View their other companies + combined net worth →
Active
DOCHERTY, Deryk John
director · ~79y · appointed 2013-08-22
View their other companies + combined net worth →
Active
JOHNSON, Scott Marshall
director · ~50y · appointed 2021-06-24
View their other companies + combined net worth →
Active
PATERSON, Joseph Murray
director · ~78y · appointed 2014-06-19
View their other companies + combined net worth →
Active
PETERS, Derek Neil Irving
director · ~68y · appointed 2019-04-03
View their other companies + combined net worth →
Active
SEMPLE, Paul William
director · ~47y · appointed 2018-12-19
View their other companies + combined net worth →
Active
THOMPSON, Robert Joseph
director · ~68y · appointed 2019-09-03
View their other companies + combined net worth →
Active
TOMLINSON, William
director · ~78y · appointed 2026-03-03
View their other companies + combined net worth →
Active
GOLD, Jeremy Michael
secretary · appointed 1996-05-24 · resigned 1996-08-26
Resigned
MACDONALD, Alan Mitchell
secretary · appointed 1996-08-26 · resigned 2001-01-25
Resigned
O'NEILL, Kathleen
secretary · appointed 2001-03-01 · resigned 2018-12-05
Resigned
REID, Peter Morris
secretary · resigned 1996-05-24
Resigned
ALLEN, Myra Helen Frances
director · ~68y · appointed 2004-12-04 · resigned 2013-02-20
Resigned
ARMSTRONG, Eric Thomas
director · ~70y · appointed 2006-06-12 · resigned 2009-07-16
Resigned
BARR, Robert Hope
director · ~91y · appointed 1989-09-20 · resigned 1995-12-27
Resigned
COLLEDGE, Stephen Paul, Captain
director · ~63y · appointed 2003-11-13 · resigned 2009-05-21
Resigned
DUNCANSON, David Kenneth
director · ~82y · resigned 1998-08-16
Resigned
EMERY, Victor Reginald
director · ~82y · appointed 2017-09-21 · resigned 2018-12-13
Resigned
GELLATLY, Graeme, Captain
director · ~57y · appointed 1999-01-04 · resigned 2003-09-30
Resigned

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

Recent filings (199 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-12
accounts-with-accounts-type-small
accounts · AA
2025-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-12
accounts-with-accounts-type-small
accounts · AA
2024-07-03
appoint-person-director-company-with-name-date
officers · AP01
2024-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-09
change-person-director-company-with-change-date
officers · CH01
2023-12-14
accounts-with-accounts-type-small
accounts · AA
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-10
accounts-with-accounts-type-small
accounts · AA
2022-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-13
accounts-with-accounts-type-small
accounts · AA
2021-07-28
appoint-person-director-company-with-name-date
officers · AP01
2021-06-25