THE BOAT OF GARTEN AND GRANTOWN ON SPEY RAILWAY COMPANY LIMITED

🌳Matureactive

SC137996 · ltd · incorporated 1992-04-28

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.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2025

Net worth

£280.4k

book net assets

Opportunity

79/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 49100

Sector: Transportation & storage

Investor take

Pursue

Asset-holding vehicle with a 70-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

21 officers (3 active, 21 linked, 15 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

5 connected companies via shared directors

Filing history

135 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £280,364

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£280k

~ YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-04-30	2024-04-30
Total assets	£280.4k	£280.4k
Net assets	£280.4k	£280.4k

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

Recent activity

Last 30 days

filings

• 1 confirmation-statement
• 1 officers

Last 90 days

filings

• 1 confirmation-statement
• 1 officers

Last 180 days

filings

• 1 confirmation-statement
• 1 officers
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (56 events)Click to expand

2026-05-12
📄
change-person-director-company-with-change-date
officers · CH01
2026-01-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-21
📄
change-person-director-company-with-change-date
officers · CH01
2022-05-27
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-05-26
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-01-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-23
📄
resolution
resolution · RESOLUTIONS
2020-09-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-01-22
📄
capital-allotment-shares
capital · SH01
2018-11-22
📄
resolution
resolution · RESOLUTIONS
2018-11-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-03-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-03-01
➕
GILMOUR, Duncan James appointed
secretary
2018-03-01
➕
NORRIS, Douglas appointed
director
2018-03-01
➕
STIRLING, Colin Graham appointed
director
2018-03-01
➖
GRANT, Laurence David Maccoll resigned
secretary
2018-03-01
➖
GRANT, Laurence David Maccoll resigned
director
2017-11-22
➖
MACKAY, Alexander James resigned
director
2017-06-06
➖
LINDSAY, Arthur David resigned
director
2013-05-25
➖
STUART, Alan Donald resigned
director
2013-01-21
➖
MUSTO, John Maxwell resigned
director
2007-08-03
➖
BERRY, Douglas Austen Oldfield resigned
director
2004-03-31
➖
COOPER, Eric Victor resigned
director
1999-10-30
➖
HAMILTON, Roy resigned
director
1998-10-31
➕
BERRY, Douglas Austen Oldfield appointed
director
1998-10-31
➕
MACKAY, Alexander James appointed
director
1998-10-31
➕
STUART, Alan Donald appointed
director
1998-10-31
➖
THOMSON, James resigned
director
1997-11-08
➕
GRANT, Laurence David Maccoll appointed
secretary
1997-10-31
➖
CRABB, Stewart Samuel resigned
secretary
1997-04-19
➖
OATES, John Barry Statham resigned
director
1996-10-26
➖
ALEXANDER, Arthur Louis Lionel resigned
director
1995-10-21
➕
THOMSON, James appointed
director
1995-02-04
➕
HAMILTON, Roy appointed
director
1994-10-29
➖
GARRAWAY, Allan George Weldon, Mbe resigned
director
1993-12-01
➖
LOVE, John Rodger resigned
secretary
1993-11-27
➕
CRABB, Stewart Samuel appointed
secretary
1993-11-27
➕
MUSTO, John Maxwell appointed
director
1993-04-29
➕
COOPER, Eric Victor appointed
director
1993-04-29
➕
LINDSAY, Arthur David appointed
director
1993-04-10
➖
HAMILTON, Roy resigned
director
1992-11-14
➕
LOVE, John Rodger appointed
secretary
1992-11-14
➕
ALEXANDER, Arthur Louis Lionel appointed
director
1992-11-14
➕
GARRAWAY, Allan George Weldon, Mbe appointed
director
1992-11-14
➕
GRANT, Laurence David Maccoll appointed
director
1992-11-14
➕
HAMILTON, Roy appointed
director

Showing most recent 50 of 56 events

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

76/100

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 70 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondaryStable-but-static management: Company is 34 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Strathspey Railway Company Limited holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️

Strathspey Railway Company Limited

Corporate parent · holds 50-75% shares

majority

⬇

THE BOAT OF GARTEN AND GRANTOWN ON SPEY RAILWAY COMPANY LIMITED

This company · SC137996

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Strathspey Railway Company Limited Corporate entity	50–75%	50–75%	50-75% shares · 50-75% voting	14/12/2021

1 historic (ceased) PSC

Strathspey Railway Association Ltdceased 14/12/2021· 25-50% 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 · Transport & logistics · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MCLAUGHLAN TRANSPORT (PERTH) LIMITED→ SC106138 · est 1987	£4.20M £3.15M–£5.25M	—	—	—	38y	82	73y
PERTH RADIO TAXIS LIMITED→ SC396523 · est 2011	—	—	—	1700	15y	83	59y
A N CAMERON LIMITED→ SC217279 · est 2001	—	—	£51.6k	—	25y	82	80y
CLYDEBOYD FORT WILLIAM LIMITED→ SC207392 · est 2000	—	—	—	4	26y	82	72y
FERGUSON FREIGHT HOLDINGS LIMITED→ SC317804 · est 2007 · no financials extracted	—	—	—	—	19y	82	65y
K.S. MANDERS INTERNATIONAL TRANSPORT LTD.→ SC233359 · est 2002	—	—	—	1	23y	82	65y
TAYLOR TRANSPORT LIMITED→ SC170793 · est 1996	—	—	—	—	29y	82	62y
GREAT GLEN SHIPPING COMPANY LIMITED→ SC372528 · est 2010	—	—	—	6	16y	81	76y
HIGHLAND LOCOMOTIVE COMPANY LIMITED→ SC058041 · est 1975	—	—	£198.9k	—	50y	81	70y
MORRIS YOUNG (PERTH) LIMITED→ SC038564 · est 1963	—	—	—	0	63y	81	80y
SHIEL BUSES LIMITED→ SC201989 · est 1999 · no financials extracted	—	—	—	—	26y	81	84y
A J PRYDE (HAULAGE) LTD.→ SC339888 · est 2008	—	—	£38.5k	—	18y	80	62y

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

Incorporated1992-04-28

Jurisdictionscotland

Primary SIC49100 — SIC 49100

Registered office

Aviemore Station

Dalfaber Road

Aviemore

Inverness Shire

PH22 1PY

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2027-05-12

Last: 2026-04-28

Officers (3 active · 18 resigned)

GILMOUR, Duncan James→

secretary · appointed 2018-03-01

View their other companies + combined net worth →

Active

NORRIS, Douglas→

director · ~70y · appointed 2018-03-01

View their other companies + combined net worth →

Active

STIRLING, Colin Graham→

director · ~68y · appointed 2018-03-01

View their other companies + combined net worth →

Active

CRABB, Stewart Samuel→

secretary · appointed 1993-11-27 · resigned 1997-10-31

Resigned

GRANT, Laurence David Maccoll→

secretary · appointed 1997-11-08 · resigned 2018-03-01

Resigned

LOVE, John Rodger→

secretary · appointed 1992-11-14 · resigned 1993-12-01

Resigned

COSEC LIMITED→

corporate-nominee-secretary · appointed 1992-04-28 · resigned 1992-04-28

Resigned

ALEXANDER, Arthur Louis Lionel→

director · ~101y · appointed 1992-11-14 · resigned 1996-10-26

Resigned

BERRY, Douglas Austen Oldfield→

director · ~97y · appointed 1998-10-31 · resigned 2007-08-03

Resigned

COOPER, Eric Victor→

director · ~98y · appointed 1993-04-29 · resigned 2004-03-31

Resigned

GARRAWAY, Allan George Weldon, Mbe→

director · ~100y · appointed 1992-11-14 · resigned 1994-10-29

Resigned

GRANT, Laurence David Maccoll→

director · ~74y · appointed 1992-11-14 · resigned 2018-03-01

Resigned

HAMILTON, Roy→

director · ~88y · appointed 1995-02-04 · resigned 1999-10-30

Resigned

HAMILTON, Roy→

director · ~88y · appointed 1992-11-14 · resigned 1993-04-10

Resigned

LINDSAY, Arthur David→

director · ~88y · appointed 1993-04-29 · resigned 2017-06-06

Resigned

MACKAY, Alexander James→

director · ~91y · appointed 1998-10-31 · resigned 2017-11-22

Resigned

MUSTO, John Maxwell→

director · ~106y · appointed 1993-11-27 · resigned 2013-01-21

Resigned

OATES, John Barry Statham→

director · ~87y · appointed 1992-11-14 · resigned 1997-04-19

Resigned

STUART, Alan Donald→

director · ~62y · appointed 1998-10-31 · resigned 2013-05-25

Resigned

THOMSON, James→

director · ~82y · appointed 1995-10-21 · resigned 1998-10-31

Resigned

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

Recent filings (135 total)

confirmation-statement-with-updates

confirmation-statement · CS01

2026-05-12

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

officers · CH01

2026-05-12

accounts-with-accounts-type-micro-entity

accounts · AA

2026-01-11

confirmation-statement-with-updates

confirmation-statement · CS01

2025-05-13

accounts-with-accounts-type-micro-entity

accounts · AA

2025-01-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-05-27

accounts-with-accounts-type-micro-entity

accounts · AA

2024-01-09

confirmation-statement-with-updates

confirmation-statement · CS01

2023-05-31

accounts-with-accounts-type-micro-entity

accounts · AA

2023-01-11

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

officers · CH01

2022-06-21

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2022-05-27

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2022-05-26

confirmation-statement-with-updates

confirmation-statement · CS01

2022-05-26

accounts-with-accounts-type-micro-entity

accounts · AA

2022-01-19

resolution

resolution · RESOLUTIONS

2021-09-23