CLYDE TRAVEL LIMITED
🌳Matureactive
SC114392 · ltd · incorporated 1988-11-09
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 closing · medium confidence
Getting harder to buy — profile has hardened into "well run hard buy" recently.
- · Investment thesis: unclassified → well_run_hard_buy
- · Deal-killer verdict: complicated → clean
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
Picture improved over the last 30 days — 1 positive signal vs 0 negative.
- ·Investment thesis: unclassified → well_run_hard_buy
- ↑Deal-killer verdict: complicated → clean
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
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Travel agency activities
Sector: Administrative & support services
Investor take
PursueActive trading company with a 60-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (65/100, director aged 60). Share purchase looks the cleaner deal structure. 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 (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 36.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 36.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (58/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
20 officers (3 active, 20 linked, 8 with DOB)
78
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
150 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
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
- • 3 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (59 events)Click to expand
- 2026-01-07➕KIERNEY, Michael appointedsecretary
- 2026-01-07➕RAPSON, Hugh Innes appointeddirector
- 2026-01-07➖STEWART, Ronald resignedsecretary
- 2026-01-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-07📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2026-01-07📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-10-21📄accounts-with-accounts-type-fullaccounts · AA
- 2025-02-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-20📄accounts-with-accounts-type-fullaccounts · AA
- 2024-11-11📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-10-30➕STEWART, Ronald appointedsecretary
- 2024-08-13➖MCCALLUM, Gael Edgar resignedsecretary
- 2024-08-13📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-06-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-03-14➕MCCALLUM, Gael Edgar appointedsecretary
- 2024-03-14📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-01-04➖COWAN, Jonathan resignedsecretary
- 2024-01-04📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-08-07📄accounts-with-accounts-type-smallaccounts · AA
- 2022-05-31📄accounts-with-accounts-type-fullaccounts · AA
- 2022-05-13➖CAIRNEY, Ronald John resignedsecretary
- 2022-05-13➕COWAN, Jonathan appointedsecretary
- 2022-05-13📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-05-13📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-08-05📄accounts-with-accounts-type-fullaccounts · AA
- 2020-08-26📄accounts-with-accounts-type-fullaccounts · AA
- 2019-12-17➖GRAY, Douglas resignedsecretary
- 2019-12-17📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-12-12➕CAIRNEY, Ronald John appointedsecretary
- 2019-04-26➖FEE, Peter Francis resignedsecretary
- 2019-04-26➕GRAY, Douglas appointedsecretary
- 2019-04-26➖FEE, Peter Francis resigneddirector
- 2018-02-16➕FEE, Peter Francis appointeddirector
- 2017-12-29➖DOWNIE, Joyce resigneddirector
- 2017-06-30➖POTTER, Brian Sutherland resigneddirector
- 2016-05-10🔓Charge satisfied #3
- 2015-09-01➕CRONJE, Paul Johannes appointeddirector
- 2014-11-18➕FEE, Peter Francis appointedsecretary
- 2014-10-01🔓Charge satisfied #2
- 2014-09-29➖WRAY, Andrew Robert resignedsecretary
- 2014-09-29➖THOMAS, George Leonard resigneddirector
- 2014-09-29🔒Charge registered #3Lender: Barclays Bank PLC
- 2008-12-17➕THOMAS, George Leonard appointeddirector
- 2008-01-31➕DOWNIE, Joyce appointeddirector
- 2008-01-31➖LIVINGSTONE, David James Duncan resigneddirector
- 2007-01-01➕POTTER, Brian Sutherland appointeddirector
- 2006-11-01➖DOWNIE, Joyce resignedsecretary
- 2006-11-01➕WRAY, Andrew Robert appointedsecretary
- 2005-01-17➖LIVINGSTONE, Karen resignedsecretary
- 2005-01-14➕DOWNIE, Joyce appointedsecretary
Showing most recent 50 of 59 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
51/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Nmg Marine Services Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Nmg Marine Services Ltd
Corporate parent · holds 75-100% shares
⬇
CLYDE TRAVEL LIMITED
This company · SC114392
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Nmg Marine Services Ltd Corporate entity | 75–100% | — | 75-100% shares | 05/06/2024 |
2 historic (ceased) PSCs
- Mr Staffan Werner Hultgrenceased 05/05/2016· board control · firm interest
- The Clyde Group Limitedceased 01/02/2025· 75-100% shares
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 · Leisure & entertainment · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| STEWART TRAVEL LIMITED→ SC400502 · est 2011 | £30.04M £23.36M–£36.72M | £109.39M | — | 36000 | 15y | 91 | 68y |
| BARRHEAD TRAVEL SERVICE LIMITED→ SC057208 · est 1975 | £9.61M £7.47M–£11.74M | £89.85M | — | 56600 | 51y | 82 | 59y |
| IF ONLY HOLIDAYS LIMITED→ SC268032 · est 2004 | £4.61M £3.59M–£5.64M | — | — | 5900 | 22y | 85 | 69y |
| AC PROJECTS/ALTERNATIVE CURRENTS LIMITED→ SC400717 · est 2011 | £3.2k £2.5k–£3.9k | — | — | 0 | 15y | 87 | 66y |
| ALLAN GLEN'S SPORTS CLUB LIMITED→ SC117858 · est 1989 | — | — | £1.9k | — | 37y | 83 | 88y |
| COVE BURGH HALL→ SC217153 · est 2001 | — | — | £97.7k | — | 25y | 83 | 78y |
| D. & D. AMUSEMENTS LTD.→ SC196522 · est 1999 | — | — | £120.9k | — | 27y | 83 | 68y |
| FACT THREE→ SC319714 · est 2007 | — | — | £168.8k | — | 19y | 83 | 73y |
| GREENACRES CURLING LTD.→ SC200546 · est 1999 | — | — | — | 1200 | 26y | 83 | 77y |
| IN EXTREMIS LIMITED→ SC142085 · est 1993 | — | — | £61.2k | — | 33y | 83 | 61y |
| SCOTTISH JEWISH ARCHIVES CENTRE→ SC210878 · est 2000 | — | — | £120.5k | — | 25y | 83 | 79y |
| SCOTTISH NATIONAL MEMORIAL TO DAVID LIVINGSTONE TRUST→ SC016172 · est 1930 · no financials extracted | — | — | — | — | 95y | 83 | 75y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1988-11-09
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: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23
Officers (3 active · 17 resigned)
Active
CRONJE, Paul Johannes→
Activedirector · ~47y · appointed 2015-09-01
View their other companies + combined net worth →
RAPSON, Hugh Innes→
Activedirector · ~60y · appointed 2026-01-07
View their other companies + combined net worth →
CAIRNEY, Ronald John→
Resignedsecretary · appointed 2019-12-12 · resigned 2022-05-13
COWAN, Jonathan→
Resignedsecretary · appointed 2022-05-13 · resigned 2024-01-04
DOWNIE, Joyce→
Resignedsecretary · appointed 2005-01-14 · resigned 2006-11-01
FEE, Peter Francis→
Resignedsecretary · appointed 2014-11-18 · resigned 2019-04-26
GRAY, Douglas→
Resignedsecretary · appointed 2019-04-26 · resigned 2019-12-17
LIVINGSTONE, David James Duncan→
Resignedsecretary · resigned 2002-11-15
LIVINGSTONE, Karen→
Resignedsecretary · appointed 2003-11-30 · resigned 2005-01-17
LIVINGSTONE, Sissel→
Resignedsecretary · appointed 2002-11-15 · resigned 2003-11-30
MCCALLUM, Gael Edgar→
Resignedsecretary · appointed 2024-03-14 · resigned 2024-08-13
STEWART, Ronald→
Resignedsecretary · appointed 2024-10-30 · resigned 2026-01-07
WRAY, Andrew Robert→
Resignedsecretary · appointed 2006-11-01 · resigned 2014-09-29
DOWNIE, Joyce→
Resigneddirector · ~70y · appointed 2008-01-31 · resigned 2017-12-29
FEE, Peter Francis→
Resigneddirector · ~64y · appointed 2018-02-16 · resigned 2019-04-26
LIVINGSTONE, David James Duncan→
Resigneddirector · ~85y · resigned 2008-01-31
LIVINGSTONE, Sissel→
Resigneddirector · ~79y · resigned 2003-11-30
POTTER, Brian Sutherland→
Resigneddirector · ~66y · appointed 2007-01-01 · resigned 2017-06-30
THOMAS, George Leonard→
Resigneddirector · ~74y · appointed 2008-12-17 · resigned 2014-09-29
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 29/09/2014 | 10/05/2016 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 15/12/1992 | 01/10/2014 | |
| satisfied | Eagle Star Insurance Company Eagle Star Insurance Company Limited | Standard security | 2 properties | 10/11/1989 | 11/04/1994 |
Recent filings (150 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-23
appoint-person-director-company-with-name-date
officers · AP01
2026-01-07
termination-secretary-company-with-name-termination-date
officers · TM02
2026-01-07
appoint-person-secretary-company-with-name-date
officers · AP03
2026-01-07
accounts-with-accounts-type-full
accounts · AA
2025-10-21
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-11
accounts-with-accounts-type-full
accounts · AA
2024-11-20
appoint-person-secretary-company-with-name-date
officers · AP03
2024-11-11
termination-secretary-company-with-name-termination-date
officers · TM02
2024-08-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-30
appoint-person-secretary-company-with-name-date
officers · AP03
2024-03-14
termination-secretary-company-with-name-termination-date
officers · TM02
2024-01-04
accounts-with-accounts-type-small
accounts · AA
2023-08-07