CAPERCAILLIE CRUISERS LIMITED

💤Zombieactive
SC245518 · ltd · incorporated 2003-03-12
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£127.1k
book net assets
Opportunity
82/100
Exceptional
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What this business does

Based in the Scottish Borders, this small active business most likely handles bookings and reservations for boat or waterway cruising experiences, combining its cruiser-themed branding with reservation services administration, though its micro-entity status suggests a modest, possibly owner-operated operation.

Primary activity: Other reservation service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 69). 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 (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 16.8y

30/100
under pressure

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

  • · Oldest live charge is 16.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
12 officers (1 active, 12 linked, 7 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
87 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 · FRS 105 (micro)
Positive net assets
Net assets £127,088
Net assets shrinking
Down £7,582 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£127k
↓ 5.6% YoY
Current Assets
£4k
↑ 28% YoY
Current Liabilities
—
£0£27k£54k£81k£108k£135kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£138.4k£156.5k
Current assets£4.0k£3.1k
Net assets£127.1k£134.7k

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
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-02-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-01-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2022-01-08
    🔓
    Charge satisfied #1
  8. 2021-11-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2021-11-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2021-11-19
    ➖
    BOWIE, Patricia resigned
    secretary
  11. 2021-11-19
    ➖
    BOWIE, Patricia resigned
    director
  12. 2021-11-19
    ➖
    DURIE, Sheila resigned
    director
  13. 2021-11-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2021-11-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2021-11-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2021-11-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2021-11-17
    🔒
    Charge registered #2
    Lender: Re-Union Canal Boats LTD
  18. 2021-11-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2021-09-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2021-08-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2020-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2019-12-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2009-07-28
    🔒
    Charge registered #1
    Lender: Social Investment Scotland
  24. 2009-04-09
    ➖
    BAUMBER, Samuel Bruce resigned
    director
  25. 2009-04-09
    ➕
    DURIE, Sheila appointed
    director
  26. 2009-03-31
    ➕
    FORD, Timothy appointed
    director
  27. 2009-03-31
    ➕
    BOWIE, Patricia appointed
    secretary
  28. 2009-03-31
    ➖
    LEAL, Hilary Joan resigned
    secretary
  29. 2009-03-31
    ➕
    BAUMBER, Samuel Bruce appointed
    director
  30. 2009-03-31
    ➕
    BOWIE, Patricia appointed
    director
  31. 2009-03-31
    ➖
    LEAL, Allan David resigned
    director
  32. 2009-03-31
    ➖
    LEAL, Hamish David resigned
    director
  33. 2009-03-31
    ➖
    LEAL, Hilary Joan resigned
    director
  34. 2007-04-01
    ➕
    LEAL, Allan David appointed
    director
  35. 2003-08-18
    ➖
    LEAL, Allan David resigned
    secretary
  36. 2003-08-18
    ➕
    LEAL, Hilary Joan appointed
    secretary
  37. 2003-08-18
    ➕
    LEAL, Hilary Joan appointed
    director
  38. 2003-03-25
    ➕
    LEAL, Allan David appointed
    secretary
  39. 2003-03-25
    ➖
    PF & S (SECRETARIES) LIMITED resigned
    corporate-secretary
  40. 2003-03-25
    ➕
    LEAL, Hamish David appointed
    director
  41. 2003-03-25
    ➖
    PF & S (DIRECTORS) LIMITED resigned
    corporate-director
  42. 2003-03-12
    🏢
    Company incorporated
    As CAPERCAILLIE CRUISERS LIMITED
  43. 2003-03-12
    ➕
    PF & S (SECRETARIES) LIMITED appointed
    corporate-secretary
  44. 2003-03-12
    ➕
    PF & S (DIRECTORS) LIMITED appointed
    corporate-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

88/100
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 69. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 23 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Timothy Ford
Individual · British · DOB 08/1957 · age 69
75–100%
75–100%board control75-100% shares · 75-100% voting · board control19/11/2021
1 historic (ceased) PSC
  • Re-Union Canal Boats Ltdceased 19/11/2021· 50-75% shares

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 · TD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
HENDERSONS TRAVEL AGENCIES LIMITED→
SC248866 · est 2003
——£104.1k—23y8280y
LOYD & TOWNSEND-ROSE LIMITED→
SC191656 · est 1998
——£3.3k—27y8267y
POT-A-DOODLE DO LIMITED→
04652325 · est 2003
———110023y8267y
BERWICK & DISTRICT RUGBY FOOTBALL FOUNDATION→
05233736 · est 2004
———021y8174y
BERWICK RUGBY FOOTBALL CLUB LIMITED→
07034255 · est 2009
———516y8165y
BERWICKSHIRE RECREATION EDUCATION SPORTS TRUST→
SC178735 · est 1997
———170028y8171y
BORDERS BOOK FESTIVAL→
SC296476 · est 2006
——£33.3k—20y8176y
HAWICK & BORDER CAR CLUB LIMITED→
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——£16.8k—38y8178y
THE BILL MCLAREN FOUNDATION→
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——£128.3k—16y8181y
2247 LTD.→
07146955 · est 2010
———216y8070y
BEACON HILL LEISURE LIMITED→
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——£4.98M—41y8077y
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
Incorporated2003-03-12
Jurisdictionscotland
Primary SIC79909 — Other reservation service activities n.e.c.

Registered office

Ty Hapus
Clerklands
Melrose
Scottish Borders
TD6 9JR
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-21
Last: 2026-02-07

Officers (1 active · 11 resigned)

FORD, Timothy→
director · ~69y · appointed 2009-03-31
View their other companies + combined net worth →
Active
BOWIE, Patricia→
secretary · appointed 2009-03-31 · resigned 2021-11-19
Resigned
LEAL, Allan David→
secretary · appointed 2003-03-25 · resigned 2003-08-18
Resigned
LEAL, Hilary Joan→
secretary · appointed 2003-08-18 · resigned 2009-03-31
Resigned
PF & S (SECRETARIES) LIMITED→
corporate-secretary · appointed 2003-03-12 · resigned 2003-03-25
Resigned
BAUMBER, Samuel Bruce→
director · ~47y · appointed 2009-03-31 · resigned 2009-04-09
Resigned
BOWIE, Patricia→
director · ~74y · appointed 2009-03-31 · resigned 2021-11-19
Resigned
DURIE, Sheila→
director · ~72y · appointed 2009-04-09 · resigned 2021-11-19
Resigned
LEAL, Allan David→
director · ~51y · appointed 2007-04-01 · resigned 2009-03-31
Resigned
LEAL, Hamish David→
director · ~81y · appointed 2003-03-25 · resigned 2009-03-31
Resigned
LEAL, Hilary Joan→
director · ~80y · appointed 2003-08-18 · resigned 2009-03-31
Resigned
PF & S (DIRECTORS) LIMITED→
corporate-director · appointed 2003-03-12 · resigned 2003-03-25
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Re-Union Canal Boats
Re-Union Canal Boats LTD
A registered charge—17/11/2021—
satisfied
Social Investment Scotland
Bond & floating charge1 property28/07/200908/01/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (87 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-05
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-02-28
mortgage-satisfy-charge-full
mortgage · MR04
2022-01-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-11-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-11-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-11-19
termination-director-company-with-name-termination-date
officers · TM01
2021-11-19