RATHO COACHES LIMITED

🌳Matureactive
SC216681 · ltd · incorporated 2001-03-12
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 19.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 52213
Sector: Transportation & storage
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 19.4y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 19.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 3 with DOB)
79
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees—8600

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
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-12-19
    📄
    accounts-with-accounts-type-group
    accounts · AA
  2. 2025-06-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-06-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-05-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-05-07
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  6. 2025-04-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2025-04-22
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  8. 2024-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-10-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2022-10-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-06-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2021-06-11
    🔓
    Charge satisfied #1
  15. 2020-11-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-09-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2020-09-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2019-11-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-03-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2018-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2008-10-28
    ➕
    MCINTOSH, Charles Alexander appointed
    secretary
  22. 2008-10-28
    ➕
    MCINTOSH, Charles Alexander appointed
    director
  23. 2008-10-28
    ➖
    COWAN, June Margaret resigned
    secretary
  24. 2008-10-28
    ➖
    COWAN, June Margaret resigned
    director
  25. 2007-01-10
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  26. 2001-04-02
    ➕
    COWAN, Andrew Rae appointed
    director
  27. 2001-04-02
    ➕
    COWAN, June Margaret appointed
    secretary
  28. 2001-04-02
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  29. 2001-04-02
    ➕
    COWAN, June Margaret appointed
    director
  30. 2001-04-02
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  31. 2001-03-12
    🏢
    Company incorporated
    As RATHO COACHES LIMITED
  32. 2001-03-12
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  33. 2001-03-12
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
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 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

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 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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 Charles Alexander Mcintosh
Individual · British · DOB 01/1960 · age 66
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Andrew Rae Cowan
Individual · British · DOB 07/1964 · age 62
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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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———20y8761y
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——5041y8761y
A WILLIAMSON HAULAGE LIMITED→
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——£1.27M—19y8278y
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——£512.2k—21y8262y
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————28y8283y
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——£231.3k—15y8265y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2001-03-12
Jurisdictionscotland
Primary SIC52213 — SIC 52213

Registered office

11 Newbridge Industrial Estate
Newbridge, Edinburgh
Lothian
EH28 8PJ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-26
Last: 2026-03-12

Officers (3 active · 4 resigned)

MCINTOSH, Charles Alexander→
secretary · appointed 2008-10-28
View their other companies + combined net worth →
Active
COWAN, Andrew Rae→
director · ~62y · appointed 2001-04-02
View their other companies + combined net worth →
Active
MCINTOSH, Charles Alexander→
director · ~66y · appointed 2008-10-28
View their other companies + combined net worth →
Active
COWAN, June Margaret→
secretary · appointed 2001-04-02 · resigned 2008-10-28
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2001-03-12 · resigned 2001-04-02
Resigned
COWAN, June Margaret→
director · ~62y · appointed 2001-04-02 · resigned 2008-10-28
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2001-03-12 · resigned 2001-04-02
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property07/05/2025—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—22/04/2025—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property10/01/200711/06/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (81 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-18
accounts-with-accounts-type-group
accounts · AA
2025-12-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-18
change-person-director-company-with-change-date
officers · CH01
2025-06-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-26