LOCH LOMOND BUS SERVICES LTD.
Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-29 | 2023-12-31 |
|---|---|---|
| Average employees | 15300 | 10600 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 officers
- • 1 officers
- • 1 officers
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (46 events)Click to expand
- 2026-03-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-23➖WILLIAMSON, James Anthony resigneddirector
- 2025-12-12📄accounts-with-accounts-type-smallaccounts · AA
- 2025-09-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-02📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-09-01➕DRUMMOND, Robert Lindsay appointedsecretary
- 2025-09-01➕DRUMMOND, Robert Lindsay appointeddirector
- 2025-09-01➖EASDALE, James resigneddirector
- 2025-09-01➕WILLIAMSON, James Anthony appointeddirector
- 2025-05-09📄accounts-with-accounts-type-smallaccounts · AA
- 2024-07-26📄accounts-with-accounts-type-smallaccounts · AA
- 2023-03-30📄accounts-with-accounts-type-smallaccounts · AA
- 2023-03-02📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-02-28📄gazette-notice-compulsorygazette · GAZ1
- 2021-12-20📄accounts-with-accounts-type-smallaccounts · AA
- 2020-10-23📄accounts-with-accounts-type-smallaccounts · AA
- 2019-10-03📄accounts-with-accounts-type-smallaccounts · AA
- 2019-02-11📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-02-08➖BALLANTYNE, Grant resignedsecretary
- 2018-10-03📄accounts-with-accounts-type-smallaccounts · AA
- 2014-03-28➕BALLANTYNE, Grant appointedsecretary
- 2014-03-28➖HENDRY, Albert resignedsecretary
- 2013-11-30➖MCCOLL - JNR., William, Mr. resigneddirector
- 2013-09-02➖EASDALE, Alexander resigneddirector
- 2012-12-10➕ROBERTS, Ralph Robert appointeddirector
- 2012-12-10➕HENDRY, Albert appointedsecretary
- 2012-12-10➖MCCOLL, William resignedsecretary
- 2012-12-10➕EASDALE, Alexander appointeddirector
- 2012-12-10➕EASDALE, James appointeddirector
- 2012-12-10➖MCCOLL, William resigneddirector
- 2009-12-10➕MCCOLL - JNR., William, Mr. appointeddirector
- 2007-11-30➕MCCOLL, William appointeddirector
- 2007-10-31➖MCKINLAY, Margaret Ann resigneddirector
- 2004-02-01➖MCCOLL, William resigneddirector
- 2004-02-01➕MCKINLAY, Margaret Ann appointeddirector
- 2004-01-31➖EWING, Simon Bruce resigneddirector
- 2002-12-02🏢Company incorporatedAs LOCH LOMOND BUS SERVICES LTD.
- 2002-12-02➕MCCOLL, William appointedsecretary
- 2002-12-02➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2002-12-02➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2002-12-02➕EWING, Simon Bruce appointeddirector
- 2002-12-02➕MCCOLL, William appointeddirector
- 2002-12-02➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2002-12-02➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: EASDALE, James resigned 2025-09-01; WILLIAMSON, James Anthony resigned 2026-03-23
Group structure
Mcgills Bus Service Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Mcgills Bus Service 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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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6 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 →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
Registered office
Filing status
Officers (3 active · 13 resigned)
Click a director name to see their full track record across all companies.