CARTMORE TRANSPORT LIMITED

🌳Matureactive
SC110226 · ltd · incorporated 1988-04-06
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 36.2y old — refinance window within 12 months
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 Mar 2025
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Dormant / non-trading with a 78-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 78). 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 36.2y

65/100
clean up first

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

  • · Oldest live charge is 36.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
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
£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
Average employees00

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-11-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-10-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-08-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-10-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-09-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-05-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2020-11-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2019-08-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2018-07-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2017-09-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2016-09-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2015-12-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-08-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2014-12-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-08-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 1992-06-30
    SUTTIE, David resigned
    director
  17. 1991-09-02
    PURVIS, Robert appointed
    director
  18. 1991-09-02
    SMITH, Derek Malcolm resigned
    secretary
  19. 1991-09-02
    SMITH, Derek Malcolm resigned
    director
  20. 1990-04-07
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  21. 1988-04-06
    🏢
    Company incorporated
    As CARTMORE TRANSPORT LIMITED

Owner dependency

91/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 78 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 78 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 38 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Robert Purvis
Individual · British · DOB 07/1948 · age 78
75100%
75-100% shares · firm interest06/04/2016

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
Incorporated1988-04-06
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

New Thistle House
The Avenue
Lochgelly
KY5 9HG
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-10
Last: 2025-11-26

Officers (3 active · 3 resigned)

PURVIS, Craig Robert
secretary
View their other companies + combined net worth →
Active
PURVIS, Craig Robert
director · ~57y
View their other companies + combined net worth →
Active
PURVIS, Robert
director · ~78y · appointed 1991-09-02
View their other companies + combined net worth →
Active
SMITH, Derek Malcolm
secretary · resigned 1991-09-02
Resigned
SMITH, Derek Malcolm
director · resigned 1991-09-02
Resigned
SUTTIE, David
director · ~75y · resigned 1992-06-30
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property07/04/1990
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (87 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-05
accounts-with-accounts-type-dormant
accounts · AA
2025-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-09
accounts-with-accounts-type-dormant
accounts · AA
2024-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-06
accounts-with-accounts-type-dormant
accounts · AA
2023-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-09
accounts-with-accounts-type-dormant
accounts · AA
2022-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-07
accounts-with-accounts-type-dormant
accounts · AA
2021-09-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-04
accounts-with-accounts-type-dormant
accounts · AA
2020-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-06
accounts-with-accounts-type-dormant
accounts · AA
2019-08-02