SIDLAW EXECUTIVE TRAVEL (SCOTLAND) LIMITED
🚨Distressedactive
SC216928 · ltd · incorporated 2001-03-16
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2024
Net worth
£-27.2k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Travel agency activities
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 72/100 (strong), bankability 47/100. Strong seller-intent signal (78/100, director aged 79). Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 24.8y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 24.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
64 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £27,151
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£27k
Current Assets
£1k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-03-31 | 2023-03-31 |
|---|---|---|
| Total assets | £43.8k | — |
| Current assets | £1.2k | — |
| Net assets | £-27.2k | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2024-12-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-09-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-09-08📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-12-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-12-19🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2019-12-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-11-27🔓Charge satisfied #1
- 2019-11-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-10-25🔒Charge registered #2Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2019-07-22📄change-person-director-company-with-change-dateofficers · CH01
- 2019-07-22📄change-person-secretary-company-with-change-dateofficers · CH03
- 2018-12-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2001-07-27🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2001-03-16🏢Company incorporatedAs SIDLAW EXECUTIVE TRAVEL (SCOTLAND) LIMITED
- 2001-03-16➕COSTELLO, Jamie appointedsecretary
- 2001-03-16➕COSTELLO, Robert appointeddirector
- 2001-03-16➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2001-03-16➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2001-03-16➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2001-03-16➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
100/100
Critical — business is the founderThe 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 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 79 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 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.
Red flags
1 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-03-31
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jamie William Costello Individual · British · DOB 09/1981 · age 45 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 07/09/2023 |
Mr Robert Costello Individual · Scottish · DOB 01/1947 · age 79 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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 →Similar companies
Active · Leisure & entertainment · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DUNDEE GYMNASTICS CLUB 2K→ SC250221 · est 2003 · no financials extracted | — | — | — | — | 22y | 83 | 66y |
| PROGRESSION SKI AND SNOWBOARD SCHOOL LIMITED→ SC224277 · est 2001 | — | — | £26.1k | — | 24y | 82 | 58y |
| RAMSAY WORLD TRAVEL LIMITED→ SC089749 · est 1984 | — | — | £11.09M | — | 41y | 82 | 70y |
| 750 MOTOR CLUB (SCOTLAND) LIMITED→ SC047170 · est 1970 | — | — | £2.6k | — | 56y | 81 | 68y |
| ANGUS RIDING FOR THE DISABLED→ SC289513 · est 2005 · no financials extracted | — | — | — | — | 20y | 81 | 66y |
| ART ANGEL (SCOTLAND) LIMITED→ SC363616 · est 2009 · no financials extracted | — | — | — | — | 16y | 81 | 79y |
| ARTS AND COMMUNITIES ASSOCIATION→ SC241593 · est 2002 | — | — | £180 | — | 23y | 81 | 72y |
| AULD KIRK CHARITABLE TRUST→ SC305621 · est 2006 · no financials extracted | — | — | — | — | 19y | 81 | 78y |
| ELIE HARBOUR TRUST LIMITED→ SC057287 · est 1975 · no financials extracted | — | — | — | — | 51y | 81 | 79y |
| ROYAL BURGH OF INVERBERVIE COMMUNITY CARAVAN PARK LTD.→ SC285489 · est 2005 | — | — | — | 200 | 20y | 81 | 80y |
| SHIELBRIDGE LIMITED→ SC029862 · est 1954 | — | — | £155.8k | — | 72y | 81 | 79y |
| THE ABERDEEN AND DISTRICT MOTOR CLUB LTD.→ SC028939 · est 1952 | — | — | £8.4k | — | 73y | 81 | 70y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2001-03-16
Jurisdictionscotland
Primary SIC79110 — Travel agency activities
Registered office
40/42 Brantwood Avenue
Dundee
Angus
DD3 0RE
Filing status
Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2027-01-30
Last: 2026-01-16
Officers (2 active · 2 resigned)
Active
COSTELLO, Robert→
Activedirector · ~79y · appointed 2001-03-16
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2001-03-16 · resigned 2001-03-16
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2001-03-16 · resigned 2001-03-16
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 19/12/2019 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 25/10/2019 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 27/07/2001 | 27/11/2019 |
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
2026-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-09-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-08
change-person-secretary-company-with-change-date
officers · CH03
2023-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-14
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-18