HENDERSONS TRAVEL AGENCIES LIMITED
🌳Matureactive
SC248866 · ltd · incorporated 2003-05-06
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 22.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£104.1k
book net assets
Opportunity
82/100
Exceptional
What this business does
Day-to-day, this Scottish travel agency most likely handles holiday and travel bookings for individual or corporate clients, arranging flights, accommodation, and itineraries, with ongoing active filings suggesting continued trading operations rather than a dormant or holding structure.
Primary activity: Travel agency activities
Sector: Administrative & support services
Investor take
PursueActive trading company with a 80-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 70/100. Strong seller-intent signal (63/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · oldest 22.5y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 22.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 3 with DOB)
80
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
73 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 · accounting standard not declaredPositive net assets
Net assets £104,099
Cash YoY
+133%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£69k
↑ 133% YoY
Net Worth
£104k
↑ 148% YoY
Current Assets
£256k
↑ 36% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £164.1k | £84.0k |
| Current assets | £255.6k | £187.8k |
| Cash | £68.7k | £29.5k |
| Debtors | £186.9k | £158.3k |
| Net assets | £104.1k | £42.0k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2025-11-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-11📄capital-name-of-class-of-sharescapital · SH08
- 2025-09-11📄capital-name-of-class-of-sharescapital · SH08
- 2025-09-11📄resolutionresolution · RESOLUTIONS
- 2024-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-01-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-30📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-10-21📄change-person-director-company-with-change-dateofficers · CH01
- 2021-10-21📄change-person-director-company-with-change-dateofficers · CH01
- 2021-10-21📄change-person-director-company-with-change-dateofficers · CH01
- 2021-10-21📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-11-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-06-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2003-11-27🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2003-11-27🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2003-11-27🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2003-11-27🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2003-05-06🏢Company incorporatedAs HENDERSONS TRAVEL AGENCIES LIMITED
- 2003-05-06➕WEBBER, Michael John Brydon appointedsecretary
- 2003-05-06➕WEBBER, Helen Maughan appointeddirector
- 2003-05-06➕WEBBER, Michael John Brydon appointeddirector
- 2003-05-06➕WEBBER, Richard John Brydon appointeddirector
- 2003-05-06➕WATERLOW SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2003-05-06➖WATERLOW SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2003-05-06➕WATERLOW NOMINEES LIMITED appointedcorporate-nominee-director
- 2003-05-06➖WATERLOW NOMINEES LIMITED resignedcorporate-nominee-director
Owner dependency
83/100
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
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
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 80 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard John Brydon Webber Individual · British · DOB 08/1977 · age 49 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/05/2017 |
Mr Michael John Brydon Webber Individual · British · DOB 01/1946 · age 80 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/05/2017 |
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| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CAPERCAILLIE CRUISERS LIMITED→ SC245518 · est 2003 | — | — | £127.1k | — | 23y | 82 | 69y |
| LOYD & TOWNSEND-ROSE LIMITED→ SC191656 · est 1998 | — | — | £3.3k | — | 27y | 82 | 67y |
| POT-A-DOODLE DO LIMITED→ 04652325 · est 2003 | — | — | — | 1100 | 23y | 82 | 67y |
| BERWICK & DISTRICT RUGBY FOOTBALL FOUNDATION→ 05233736 · est 2004 | — | — | — | 0 | 21y | 81 | 74y |
| BERWICK RUGBY FOOTBALL CLUB LIMITED→ 07034255 · est 2009 | — | — | — | 5 | 16y | 81 | 65y |
| BERWICKSHIRE RECREATION EDUCATION SPORTS TRUST→ SC178735 · est 1997 | — | — | — | 1700 | 28y | 81 | 71y |
| BORDERS BOOK FESTIVAL→ SC296476 · est 2006 | — | — | £33.3k | — | 20y | 81 | 76y |
| HAWICK & BORDER CAR CLUB LIMITED→ SC108694 · est 1988 | — | — | £16.8k | — | 38y | 81 | 78y |
| THE BILL MCLAREN FOUNDATION→ SC372026 · est 2010 | — | — | £128.3k | — | 16y | 81 | 81y |
| 2247 LTD.→ 07146955 · est 2010 | — | — | — | 2 | 16y | 80 | 70y |
| BEACON HILL LEISURE LIMITED→ 05366253 · est 2005 | — | — | — | 600 | 21y | 80 | 73y |
| BERWICK-UPON-TWEED PRESERVATION TRUST→ 01912075 · est 1985 | — | — | £4.98M | — | 41y | 80 | 77y |
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
Incorporated2003-05-06
Jurisdictionscotland
Primary SIC79110 — Travel agency activities
Registered office
18 High Street
Hawick
TD9 9EH
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-05-20
Last: 2026-05-06
Officers (4 active · 2 resigned)
WEBBER, Michael John Brydon→
Activesecretary · appointed 2003-05-06
View their other companies + combined net worth →
WEBBER, Helen Maughan→
Activedirector · ~79y · appointed 2003-05-06
View their other companies + combined net worth →
WEBBER, Michael John Brydon→
Activedirector · ~80y · appointed 2003-05-06
View their other companies + combined net worth →
WEBBER, Richard John Brydon→
Activedirector · ~49y · appointed 2003-05-06
View their other companies + combined net worth →
WATERLOW SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-05-06 · resigned 2003-05-06
WATERLOW NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 2003-05-06 · resigned 2003-05-06
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 27/11/2003 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 27/11/2003 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 27/11/2003 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | — | 27/11/2003 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (73 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-07
capital-name-of-class-of-shares
capital · SH08
2025-09-11
capital-name-of-class-of-shares
capital · SH08
2025-09-11
resolution
resolution · RESOLUTIONS
2025-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-19
change-person-director-company-with-change-date
officers · CH01
2022-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-10