A.I.C. TRANSPORT LTD.

🌳Matureactive
SC204281 · ltd · incorporated 2000-02-24
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2024
Net worth
£1.31M
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 66). 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 25.7y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 25.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (79/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
64 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,314,627
Cash YoY
-21%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£446k
↓ 21% YoY
Net Worth
£1.3m
↑ 7.2% YoY
Current Assets
£1.3m
↑ 13% YoY
Current Liabilities
—
£0£263k£526k£789k£1.1m£1.3mJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Total assets£2.06M£1.73M
Current assets£1.26M£1.12M
Cash£445.9k£566.6k
Debtors£796.7k£535.6k
Net assets£1.31M£1.23M

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2024-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2024-07-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2024-07-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2024-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-10-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2020-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-03-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-03-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-03-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-03-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-11-26
    ➕
    IRVING, David Andrew appointed
    director
  17. 2000-08-23
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  18. 2000-02-24
    🏢
    Company incorporated
    As A.I.C. TRANSPORT LTD.
  19. 2000-02-24
    ➕
    IRVING, Brenda appointed
    secretary
  20. 2000-02-24
    ➕
    IRVING, Angus Patrick appointed
    director
  21. 2000-02-24
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  22. 2000-02-24
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  23. 2000-02-24
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  24. 2000-02-24
    ➖
    STEPHEN MABBOTT LTD. resigned
    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 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
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 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 26 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.)

Group structure

Qb Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Qb Holdings Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
A.I.C. TRANSPORT LTD.
This company · SC204281

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%
NameSharesVoting rightsNature of controlNotified
Qb Holdings Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control24/05/2024
2 historic (ceased) PSCs
  • Mrs Brenda Irvingceased 24/05/2024· 25-50% shares · 25-50% voting
  • Mr Angus Patrick Irvingceased 24/05/2024· 50-75% shares · 50-75% voting · board control

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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——45725y8471y
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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
Incorporated2000-02-24
Jurisdictionscotland
Primary SIC49410 — Freight transport by road

Registered office

Quarryburn
Rosehearty
Fraserburgh
Aberdeenshire
AB43 6HQ

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-05-31
Last: 2025-05-17

Officers (3 active · 2 resigned)

IRVING, Brenda→
secretary · appointed 2000-02-24
View their other companies + combined net worth →
Active
IRVING, Angus Patrick→
director · ~66y · appointed 2000-02-24
View their other companies + combined net worth →
Active
IRVING, David Andrew→
director · ~41y · appointed 2014-11-26
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2000-02-24 · resigned 2000-02-24
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2000-02-24 · resigned 2000-02-24
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 Governor and Company of the Bank of Scotland
Bond & floating charge1 property23/08/2000—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (64 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-07-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-31
change-person-director-company-with-change-date
officers · CH01
2020-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-30