FREIGHT.CO BUSINESS TRAVEL LIMITED

⚰️Wound downdissolved
SC177880 · ltd · incorporated 1997-08-11
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 28.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: SIC 6330
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 28.4y

50/100
clean up first

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

  • · Oldest live charge is 28.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: low (49/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
5 connected companies via shared directors
60
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

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 (40 events)Click to expand
  1. 2010-12-31
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2010-12-31
    🏁
    Company dissolved
  3. 2010-09-10
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2010-08-31
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2010-08-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  6. 2009-12-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2009-08-12
    📄
    legacy
    annual-return · 363a
  8. 2008-12-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2008-08-13
    📄
    legacy
    annual-return · 363a
  10. 2007-11-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2007-08-15
    📄
    legacy
    annual-return · 363a
  12. 2007-04-24
    📄
    legacy
    officers · 288b
  13. 2007-04-18
    ➖
    LINTS, William James resigned
    director
  14. 2006-10-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2006-08-29
    📄
    legacy
    annual-return · 363a
  16. 2005-09-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2005-08-25
    📄
    legacy
    annual-return · 363a
  18. 2005-02-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2004-08-13
    📄
    legacy
    annual-return · 363s
  20. 2004-05-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  21. 2003-08-14
    📄
    legacy
    annual-return · 363s
  22. 2003-04-30
    📄
    legacy
    mortgage · 410(Scot)
  23. 2003-04-29
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  24. 2003-04-11
    📄
    legacy
    mortgage · 419a(Scot)
  25. 2003-04-11
    🔓
    Charge satisfied #1
  26. 2003-01-17
    📄
    accounts-with-accounts-type-small
    accounts · AA
  27. 2002-08-02
    📄
    legacy
    annual-return · 363s
  28. 2001-09-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  29. 2001-08-15
    📄
    legacy
    annual-return · 363s
  30. 2000-12-08
    ➖
    MCMILLAN, John resigned
    director
  31. 1998-01-05
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  32. 1997-12-12
    ➕
    RAE, Debbie Johnson appointed
    secretary
  33. 1997-12-12
    ➕
    RIDDOCH, John Milne appointed
    director
  34. 1997-12-12
    ➖
    JAMES AND GEORGE COLLIE resigned
    corporate-secretary
  35. 1997-12-12
    ➕
    LINTS, William James appointed
    director
  36. 1997-12-12
    ➕
    MCMILLAN, John appointed
    director
  37. 1997-12-12
    ➖
    BONSQUARE NOMINEES LIMITED resigned
    corporate-director
  38. 1997-08-11
    🏢
    Company incorporated
    As FREIGHT.CO BUSINESS TRAVEL LIMITED
  39. 1997-08-11
    ➕
    JAMES AND GEORGE COLLIE appointed
    corporate-secretary
  40. 1997-08-11
    ➕
    BONSQUARE NOMINEES LIMITED appointed
    corporate-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

100/100
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 73 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 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 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2010-12-31

🔒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

9 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

Statusdissolved
Typeltd
Incorporated1997-08-11
Jurisdictionscotland
Primary SIC6330 — SIC 6330

Registered office

Unit 5, Greenrole Trading Estate
Howemoss Drive, Kirkhill, Dyce
Aberdeen
Aberdeenshire
AB21 0GL

Filing status

Accounts
Next due: —
Last made up to: 2009-04-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 4 resigned)

RAE, Debbie Johnson→
secretary · appointed 1997-12-12
View their other companies + combined net worth →
Active
RIDDOCH, John Milne→
director · ~73y · appointed 1997-12-12
View their other companies + combined net worth →
Active
JAMES AND GEORGE COLLIE→
corporate-secretary · appointed 1997-08-11 · resigned 1997-12-12
Resigned
LINTS, William James→
director · ~78y · appointed 1997-12-12 · resigned 2007-04-18
Resigned
MCMILLAN, John→
director · ~83y · appointed 1997-12-12 · resigned 2000-12-08
Resigned
BONSQUARE NOMINEES LIMITED→
corporate-director · appointed 1997-08-11 · resigned 1997-12-12
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property29/04/2003—
satisfied
National Westminster Bank
National Westminster Bank PLC
Floating charge1 property05/01/199811/04/2003
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (52 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2010-12-31
gazette-notice-voluntary
gazette · GAZ1(A)
2010-09-10
dissolution-application-strike-off-company
dissolution · DS01
2010-08-31
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-08-11
accounts-with-accounts-type-small
accounts · AA
2009-12-06
legacy
annual-return · 363a
2009-08-12
accounts-with-accounts-type-small
accounts · AA
2008-12-08
legacy
annual-return · 363a
2008-08-13
accounts-with-accounts-type-small
accounts · AA
2007-11-30
legacy
annual-return · 363a
2007-08-15
legacy
officers · 288b
2007-04-24
accounts-with-accounts-type-small
accounts · AA
2006-10-18
legacy
annual-return · 363a
2006-08-29
accounts-with-accounts-type-small
accounts · AA
2005-09-21
legacy
annual-return · 363a
2005-08-25