FAIRLINE COACHES LIMITED

💤Zombieactive
SC095682 · ltd · incorporated 1985-10-24
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£254.6k
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: SIC 49390
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 40.0y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 40.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
127 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £254,647
Cash YoY
-2%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£84k
↓ 1.9% YoY
Net Worth
£255k
~ YoY
Current Assets
Current Liabilities
£0£51k£102k£153k£204k£255kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£254.6k£254.6k
Cash£83.6k£85.2k
Debtors£171.1k£169.5k
Net assets£254.6k£254.6k

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-12-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2023-12-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2022-12-19
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  5. 2022-09-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2021-09-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2020-12-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2019-11-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2019-11-14
    🔓
    Charge satisfied #5
  10. 2019-10-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2019-10-28
    🔓
    Charge satisfied #4
  12. 2019-10-01
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2018-09-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2017-10-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2016-10-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2015-12-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-10-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2015-01-12
    🔒
    Charge registered #5
    Lender: Bank of Scotland PLC
  19. 2014-12-23
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  20. 2013-12-04
    🔓
    Charge satisfied #2
  21. 2013-11-13
    CRAIG, Colin Robert appointed
    secretary
  22. 2013-11-13
    CRAIG, Colin Robert appointed
    director
  23. 2013-11-13
    SOOD, Pawan Kumar resigned
    secretary
  24. 2013-11-13
    SOOD, Pawan Kumar resigned
    director
  25. 2010-12-14
    SOOD, Satya Wati resigned
    director
  26. 2003-11-02
    SOOD, Satya Wati appointed
    director
  27. 2003-11-01
    SOOD, Gurdayal resigned
    director
  28. 2002-04-12
    SHARMA, Vinod Kumar resigned
    director
  29. 2002-04-07
    SOOD, Gurdayal appointed
    director
  30. 1997-12-23
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  31. 1991-02-11
    WYNE, Peter Victor resigned
    director
  32. 1988-06-08
    🔓
    Charge satisfied #1
  33. 1987-03-06
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  34. 1986-04-25
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  35. 1985-10-24
    🏢
    Company incorporated
    As FAIRLINE COACHES 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
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

68/100
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.
  • secondary12+ year tenure: Director in role 12 years.
  • secondaryStable-but-static management: Company is 41 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 ·
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

Craig Of Campbeltown Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Craig Of Campbeltown Limited
Corporate parent · holds 75-100% shares
ultimate parent
FAIRLINE COACHES LIMITED
This company · SC095682

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
Craig Of Campbeltown Limited
Corporate entity
75100%
75-100% shares06/04/2016

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 →

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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
Incorporated1985-10-24
Jurisdictionscotland
Primary SIC49390 — SIC 49390

Registered office

Benmhor
Saddell Street
Campbeltown
Argyll
PA28 6DN

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-21
Last: 2025-12-07

Officers (2 active · 6 resigned)

CRAIG, Colin Robert
secretary · appointed 2013-11-13
View their other companies + combined net worth →
Active
CRAIG, Colin Robert
director · ~51y · appointed 2013-11-13
View their other companies + combined net worth →
Active
SOOD, Pawan Kumar
secretary · resigned 2013-11-13
Resigned
SHARMA, Vinod Kumar
director · ~79y · resigned 2002-04-12
Resigned
SOOD, Gurdayal
director · ~110y · appointed 2002-04-07 · resigned 2003-11-01
Resigned
SOOD, Pawan Kumar
director · ~70y · resigned 2013-11-13
Resigned
SOOD, Satya Wati
director · ~103y · appointed 2003-11-02 · resigned 2010-12-14
Resigned
WYNE, Peter Victor
director · resigned 1991-02-11
Resigned

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

Mortgages & charges

5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge3 properties12/01/201514/11/2019
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge23/12/201428/10/2019
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/12/1997
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property06/03/198704/12/2013
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property25/04/198608/06/1988
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (127 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-27
accounts-with-accounts-type-small
accounts · AA
2025-12-22
accounts-with-accounts-type-small
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-13
accounts-with-accounts-type-small
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-11
change-account-reference-date-company-current-extended
accounts · AA01
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-15
accounts-with-accounts-type-small
accounts · AA
2022-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-08
accounts-with-accounts-type-small
accounts · AA
2021-09-14
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-10
accounts-with-accounts-type-small
accounts · AA
2020-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-11
mortgage-satisfy-charge-full
mortgage · MR04
2019-11-14