LATHONES CARAVAN COMPANY LIMITED

🌳Matureactive

SC078119 · ltd · incorporated 1982-03-30

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

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 43.9y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: SIC 55300

Sector: Accommodation & food service

Investor take

Pursue

Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 68). 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: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 43.9y

65/100

clean up first

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

· Oldest live charge is 43.9 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: medium (69/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

15 officers (4 active, 15 linked, 11 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

111 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS

Metric	2025-03-31	2024-03-31
Average employees	0	0

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

filings

Last 90 days

filings

Last 180 days

filings

• 2 officers
• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (37 events)Click to expand

2026-02-17
📄
change-person-director-company-with-change-date
officers · CH01
2026-02-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-17
➖
TULLOCH, John Glover resigned
director
2024-12-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-12
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-12-12
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2024-12-01
➕
TULLOCH, Lee appointed
secretary
2024-12-01
➖
TULLOCH, Marlene resigned
secretary
2024-04-17
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2024-04-16
📄
gazette-notice-compulsory
gazette · GAZ1
2023-12-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-13
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2021-05-11
📄
gazette-notice-compulsory
gazette · GAZ1
2020-12-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-12-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-12-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-13
➕
MCGUIRE, Moira appointed
director
2019-11-13
➕
TULLOCH, John William appointed
director
2019-11-13
➖
ANDERSON, William, Mr. resigned
director
2018-04-01
➖
LAWSON, Ian resigned
director
2013-07-01
➖
MACGREGOR, Ronald resigned
director
2008-06-17
➕
LAWSON, Ian appointed
director
2008-06-17
➖
MCCALLUM, Joan resigned
director
2006-03-30
➕
MCLEOD, Morven appointed
director
2005-12-01
➖
MACLEOD, Roderick resigned
director
2004-08-13
➖
PIPER, James Keir resigned
secretary
2004-08-13
➖
PIPER, James Keir resigned
director
2004-08-10
➕
TULLOCH, Marlene appointed
secretary
1998-04-20
➖
WHITE, Stanley resigned
director
1990-12-01
➖
STOCKS, David Kirk resigned
director
1982-06-22
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
1982-03-30
🏢
Company incorporated
As LATHONES CARAVAN COMPANY LIMITED

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

+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

70/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
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.)

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KINGSRIDGE CLEDDANS ECONOMIC DEVELOPMENT GROUP→ SC133036 · est 1991 · no financials extracted	—	—	—	—	34y	83	87y
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MATTHEW'S FOODS (SCOTLAND) LIMITED→ SC210734 · est 2000	—	—	£1.81M	—	25y	83	59y
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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

Incorporated1982-03-30

Jurisdictionscotland

Primary SIC55300 — SIC 55300

Registered office

40 Southgate

Milngavie

Glasgow

G62 6RB

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-02-10

Last: 2026-01-27

Officers (4 active · 11 resigned)

TULLOCH, Lee→

secretary · appointed 2024-12-01

View their other companies + combined net worth →

Active

MCGUIRE, Moira→

director · ~68y · appointed 2019-11-13

View their other companies + combined net worth →

Active

MCLEOD, Morven→

director · ~57y · appointed 2006-03-30

View their other companies + combined net worth →

Active

TULLOCH, John William→

director · ~48y · appointed 2019-11-13

View their other companies + combined net worth →

Active

PIPER, James Keir→

secretary · resigned 2004-08-13

Resigned

TULLOCH, Marlene→

secretary · appointed 2004-08-10 · resigned 2024-12-01

Resigned

ANDERSON, William, Mr.→

director · ~106y · resigned 2019-11-13

Resigned

LAWSON, Ian→

director · ~57y · appointed 2008-06-17 · resigned 2018-04-01

Resigned

MACGREGOR, Ronald→

director · ~76y · resigned 2013-07-01

Resigned

MACLEOD, Roderick→

director · ~101y · resigned 2005-12-01

Resigned

MCCALLUM, Joan→

director · ~105y · resigned 2008-06-17

Resigned

PIPER, James Keir→

director · ~89y · resigned 2004-08-13

Resigned

STOCKS, David Kirk→

director · resigned 1990-12-01

Resigned

TULLOCH, John Glover→

director · ~78y · resigned 2025-10-17

Resigned

WHITE, Stanley→

director · ~101y · resigned 1998-04-20

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	22/06/1982	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (111 total)

change-person-director-company-with-change-date

officers · CH01

2026-02-17

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-02-17

termination-director-company-with-name-termination-date

officers · TM01

2026-02-17

accounts-with-accounts-type-micro-entity

accounts · AA

2025-12-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-03-27

accounts-with-accounts-type-micro-entity

accounts · AA

2024-12-17

termination-secretary-company-with-name-termination-date

officers · TM02

2024-12-12

appoint-person-secretary-company-with-name-date

officers · AP03

2024-12-12

gazette-filings-brought-up-to-date

gazette · DISS40

2024-04-17

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-04-16

gazette-notice-compulsory

gazette · GAZ1

2024-04-16

accounts-with-accounts-type-micro-entity

accounts · AA

2023-12-07

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-03-20

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-12-15

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-03-18