EURO COACH SERVICES LIMITED

🌳Matureactive
SC133208 · ltd · incorporated 1991-08-01
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 33.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 52103
Sector: Transportation & storage
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 33.8y

65/100
clean up first

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

  • · Oldest live charge is 33.8 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: medium (77/100)

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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 4 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
97 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£0Oct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-10-312024-10-31
Average employees00

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-04-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-10-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-10-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2019-10-22
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2019-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-10-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2018-10-23
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2018-07-30
    ➖
    MACRAE, Mary resigned
    secretary
  14. 2018-07-30
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2018-07-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2018-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-08-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2009-04-21
    ➕
    MACRAE, Alistair appointed
    director
  19. 2009-04-21
    ➕
    MACRAE, David appointed
    director
  20. 2009-04-21
    ➖
    MACRAE, Alexander resigned
    director
  21. 1995-05-26
    ➖
    GEDDES, Dolina resigned
    secretary
  22. 1995-05-26
    ➕
    MACRAE, Mary appointed
    secretary
  23. 1995-05-26
    ➖
    GEDDES, Roderick James resigned
    director
  24. 1992-12-04
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  25. 1992-10-01
    ➕
    MACRAE, Alexander appointed
    director
  26. 1992-07-21
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  27. 1991-09-26
    ➕
    GEDDES, Dolina appointed
    secretary
  28. 1991-09-26
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  29. 1991-09-26
    ➕
    GEDDES, Roderick James appointed
    director
  30. 1991-09-26
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  31. 1991-08-01
    🏢
    Company incorporated
    As EURO COACH SERVICES LIMITED
  32. 1991-08-01
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  33. 1991-08-01
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

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 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 35 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr David Macrae
Individual · British · DOB 12/1961 · age 65
25–50%
—25-50% shares30/06/2016
Mr Alistair Macrae
Individual · British · DOB 04/1966 · age 60
25–50%
—25-50% shares30/06/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1991-08-01
Jurisdictionscotland
Primary SIC52103 — SIC 52103

Registered office

Forbes House
36 Huntly Street
Inverness
IV3 5PR
United Kingdom

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-08-15
Last: 2025-08-01

Officers (2 active · 6 resigned)

MACRAE, Alistair→
director · ~60y · appointed 2009-04-21
View their other companies + combined net worth →
Active
MACRAE, David→
director · ~65y · appointed 2009-04-21
View their other companies + combined net worth →
Active
GEDDES, Dolina→
secretary · appointed 1991-09-26 · resigned 1995-05-26
Resigned
MACRAE, Mary→
secretary · appointed 1995-05-26 · resigned 2018-07-30
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1991-08-01 · resigned 1991-09-26
Resigned
GEDDES, Roderick James→
director · ~94y · appointed 1991-09-26 · resigned 1995-05-26
Resigned
MACRAE, Alexander→
director · ~98y · appointed 1992-10-01 · resigned 2009-04-21
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1991-08-01 · resigned 1991-09-26
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property04/12/1992—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property21/07/1992—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (97 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-02
gazette-filings-brought-up-to-date
gazette · DISS40
2019-10-26
confirmation-statement-with-updates
confirmation-statement · CS01
2019-10-25