EDINBURGH BUS TOURS LIMITED

💤Zombieactive

SC230326 · ltd · incorporated 2002-04-12

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

74/100

Strong

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

What this business does

Primary activity: SIC 49390

Sector: Transportation & storage

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (59/100)

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

No iXBRL financials extracted

Lenders & charges

Confirmed no charges registered

Directors & officers

14 officers (2 active, 14 linked, 10 with DOB)

Ownership & PSC

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

Director network

10 connected companies via shared directors

Filing history

80 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Recent activity

Last 30 days

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (44 events)Click to expand

2026-07-24
📄
accounts-with-accounts-type-full
accounts · AA
2025-07-07
📄
accounts-with-accounts-type-full
accounts · AA
2025-03-21
📄
change-person-director-company-with-change-date
officers · CH01
2025-01-21
📄
appoint-corporate-secretary-company-with-name-date
officers · AP04
2025-01-06
➕
BURNESS PAULL LLP appointed
corporate-secretary
2024-06-28
📄
accounts-with-accounts-type-full
accounts · AA
2023-08-08
📄
accounts-with-accounts-type-full
accounts · AA
2022-08-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-08-12
➖
SERAFINI, Nigel Murray resigned
director
2022-08-10
📄
accounts-with-accounts-type-full
accounts · AA
2021-06-25
📄
accounts-with-accounts-type-full
accounts · AA
2020-06-30
📄
accounts-with-accounts-type-full
accounts · AA
2020-04-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-03-31
➖
HALL, Richard John resigned
director
2019-06-11
📄
accounts-with-accounts-type-full
accounts · AA
2019-02-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-02-15
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2018-10-08
➖
MOORHOUSE, Graham Alan resigned
secretary
2018-10-08
➖
MOORHOUSE, Graham Alan resigned
director
2018-07-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-06-29
➕
MOORHOUSE, Graham Alan appointed
director
2018-06-21
📄
accounts-with-accounts-type-full
accounts · AA
2018-05-17
➖
COTTON, Roger resigned
secretary
2018-05-17
➕
MOORHOUSE, Graham Alan appointed
secretary
2018-05-17
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2017-06-05
➕
COTTON, Roger appointed
secretary
2017-01-31
➖
STRACHAN, Norman James resigned
secretary
2016-11-25
➕
BOYD, Sarah Jean appointed
director
2016-11-25
➖
DEVLIN, William resigned
director
2016-11-25
➕
SERAFINI, Nigel Murray appointed
director
2016-11-25
➖
STRACHAN, Norman James resigned
director
2016-05-01
➕
HALL, Richard John appointed
director
2016-03-31
➖
CAMPBELL, William Watson resigned
director
2016-01-31
➖
CRAIG, William Ian Gold resigned
director
2010-12-31
➖
COUPAR, Iain Gilmour resigned
director
2008-11-10
➕
CRAIG, William Ian Gold appointed
director
2008-11-10
➖
RENILSON, Neil John resigned
director
2002-04-26
➕
CAMPBELL, William Watson appointed
director
2002-04-26
➕
COUPAR, Iain Gilmour appointed
director
2002-04-26
➕
DEVLIN, William appointed
director
2002-04-12
🏢
Company incorporated
As EDINBURGH BUS TOURS LIMITED
2002-04-12
➕
STRACHAN, Norman James appointed
secretary
2002-04-12
➕
RENILSON, Neil John appointed
director
2002-04-12
➕
STRACHAN, Norman James appointed
director

Owner dependency

75/100

High — earn-out structure required

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

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

Lothian Buses Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Lothian Buses Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

EDINBURGH BUS TOURS LIMITED

This company · SC230326

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%

Name	Shares	Voting rights	Nature of control	Notified
Lothian Buses Limited Corporate entity	75–100%	—	75-100% shares	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 · Transport & logistics · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
TIMBERBUSH TOURS LIMITED→ SC279983 · est 2005	£8.60M £6.45M–£10.75M	—	—	109	21y	85	65y
EAGLE COURIERS (HOLDINGS) LIMITED→ SC292831 · est 2005	£3.09M £2.32M–£3.86M	—	—	—	20y	87	61y
EAGLE COURIERS (SCOTLAND) LIMITED→ SC092113 · est 1985	£3.09M £2.32M–£3.86M	—	—	50	41y	87	61y
RATHO COACHES LIMITED→ SC216681 · est 2001	£2.23M £1.67M–£2.79M	—	—	—	25y	82	66y
A WILLIAMSON HAULAGE LIMITED→ SC306338 · est 2006	—	—	£1.36M	—	19y	82	78y
A. JOHNSTONE HAULAGE LTD.→ SC283850 · est 2005	—	—	£512.2k	—	21y	82	62y
ANDREW BLACK LIMITED→ SC224735 · est 2001	—	—	£3.88M	—	24y	82	64y
BROUGHTON REMOVALS LIMITED→ SC181756 · est 1997 · no financials extracted	—	—	—	—	28y	82	83y
CHAUFFEUR DRIVE SCOTLAND LIMITED→ SC394052 · est 2011	—	—	£283.1k	—	15y	82	65y
DEREK HEEPS LIMITED→ SC167126 · est 1996	—	—	—	3500	30y	82	63y
DUNBAR REMOVALS AND STORAGE LTD.→ SC165409 · est 1996	—	—	—	13	30y	82	71y
E & M HORSBURGH LIMITED→ SC205341 · est 2000	—	—	—	—	26y	82	66y

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

Incorporated2002-04-12

Jurisdictionscotland

Primary SIC49390 — SIC 49390

Registered office

55 Annandale Street

Edinburgh

Midlothian

EH7 4AZ

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-27

Confirmation statement

Next due: 2026-10-09

Last: 2025-09-25

Officers (2 active · 12 resigned)

BURNESS PAULL LLP→

corporate-secretary · appointed 2025-01-06

View their other companies + combined net worth →

Active

BOYD, Sarah Jean→

director · ~46y · appointed 2016-11-25

View their other companies + combined net worth →

Active

COTTON, Roger→

secretary · appointed 2017-06-05 · resigned 2018-05-17

Resigned

MOORHOUSE, Graham Alan→

secretary · appointed 2018-05-17 · resigned 2018-10-08

Resigned

STRACHAN, Norman James→

secretary · appointed 2002-04-12 · resigned 2017-01-31

Resigned

CAMPBELL, William Watson→

director · ~70y · appointed 2002-04-26 · resigned 2016-03-31

Resigned

COUPAR, Iain Gilmour→

director · ~59y · appointed 2002-04-26 · resigned 2010-12-31

Resigned

CRAIG, William Ian Gold→

director · ~57y · appointed 2008-11-10 · resigned 2016-01-31

Resigned

DEVLIN, William→

director · ~70y · appointed 2002-04-26 · resigned 2016-11-25

Resigned

HALL, Richard John→

director · ~55y · appointed 2016-05-01 · resigned 2020-03-31

Resigned

MOORHOUSE, Graham Alan→

director · ~54y · appointed 2018-06-29 · resigned 2018-10-08

Resigned

RENILSON, Neil John→

director · ~71y · appointed 2002-04-12 · resigned 2008-11-10

Resigned

SERAFINI, Nigel Murray→

director · ~66y · appointed 2016-11-25 · resigned 2022-08-12

Resigned

STRACHAN, Norman James→

director · ~65y · appointed 2002-04-12 · resigned 2016-11-25

Resigned

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

Recent filings (80 total)

accounts-with-accounts-type-full

accounts · AA

2026-07-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-10-03

accounts-with-accounts-type-full

accounts · AA

2025-07-07

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

officers · CH01

2025-03-21

appoint-corporate-secretary-company-with-name-date

officers · AP04

2025-01-21

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-10-09

accounts-with-accounts-type-full

accounts · AA

2024-06-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-09-29

accounts-with-accounts-type-full

accounts · AA

2023-08-08

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-10-07

termination-director-company-with-name-termination-date

officers · TM01

2022-08-26

accounts-with-accounts-type-full

accounts · AA

2022-08-10

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-09-27

accounts-with-accounts-type-full

accounts · AA

2021-06-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-10-08