RAITH TAXIS LIMITED

🌳Matureactive

SC252125 · ltd · incorporated 2003-07-02

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 20.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jul 2024

Net worth

£11.2k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 49320

Sector: Transportation & storage

Investor take

Pursue

Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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

1 live charge · oldest 20.8y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 20.8 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 (77/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

5 officers (3 active, 5 linked, 3 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

54 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £11,174

Net assets shrinking

Down £2,597 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£11k

↓ 19% YoY

Current Assets

£4k

↓ 42% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-07-31	2023-07-31
Total assets	£11.2k	£13.8k
Current assets	£4.2k	£7.2k
Net assets	£11.2k	£13.8k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-05-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-04-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-04-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-03-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-25
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-07-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-04-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-07-24
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-04-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-07-12
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-05-19
➕
DUNCAN, Brenda appointed
director
2005-07-20
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2003-07-02
🏢
Company incorporated
As RAITH TAXIS LIMITED
2003-07-02
➕
DUNCAN, Brenda appointed
secretary
2003-07-02
➕
DUNCAN, Ian Mcintosh appointed
director
2003-07-02
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2003-07-02
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
2003-07-02
➕
DUNCAN, Brenda appointed
director
2003-07-02
➖
DUNCAN, Brenda resigned
director

Owner dependency

91/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 67 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100

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 67. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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

clean

No 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 Ian Mcintosh Duncan Individual · British · DOB 01/1959 · age 67	25–50%	—	25-50% shares	06/04/2016
Mrs Brenda Duncan Individual · British · DOB 09/1962 · age 64	25–50%	—	25-50% shares	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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A.& J.NELSON(HAULAGE CONTRACTORS)LIMITED→ SC059157 · est 1975	£1.72M £1.29M–£2.15M	—	—	5900	50y	87	84y
FORTH LOGISTICS MARINE SERVICES LIMITED→ SC281264 · est 2005	—	—	—	36	21y	83	64y
AB MANAGEMENT SERVICES LIMITED→ SC186447 · est 1998 · no financials extracted	—	—	—	—	27y	82	62y
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FLEMINGS OF ROSYTH LIMITED→ SC235954 · est 2002	—	—	£104.5k	—	23y	82	85y
FORTH BRIDGE STEVEDORING LIMITED→ SC203435 · est 2000	—	—	£1.71M	—	26y	82	75y
ROYALE GROUND TRANSPORTATION LIMITED→ SC292060 · est 2005	—	—	£42.1k	—	20y	82	60y
SALTIRE SHIPPING LIMITED→ SC190906 · est 1998	—	—	£208.7k	—	27y	82	70y
MEADOWPARK TAXIS LTD.→ SC321580 · est 2007	—	—	—	0	19y	81	63y
MYBUS C.T. LIMITED→ SC362384 · est 2009	—	—	—	800	16y	81	80y
STATION STORAGE LIMITED→ SC556963 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
SVS PRIVATE HIRE LTD→ SC761961 · est 2023 · no financials extracted	—	—	—	—	3y	—	—

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

Incorporated2003-07-02

Jurisdictionscotland

Primary SIC49320 — SIC 49320

Registered office

14 School Road

Balmullo

St. Andrews

Fife

KY16 0BD

Filing status

Accounts

Next due: 2026-04-30

Last made up to: 2024-07-31

Confirmation statement

Next due: 2026-07-12

Last: 2025-06-28

Officers (3 active · 2 resigned)

DUNCAN, Brenda→

secretary · appointed 2003-07-02

View their other companies + combined net worth →

Active

DUNCAN, Brenda→

director · ~64y · appointed 2011-05-19

View their other companies + combined net worth →

Active

DUNCAN, Ian Mcintosh→

director · ~67y · appointed 2003-07-02

View their other companies + combined net worth →

Active

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2003-07-02 · resigned 2003-07-02

Resigned

DUNCAN, Brenda→

director · ~64y · appointed 2003-07-02 · resigned 2003-07-02

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	20/07/2005	—

Click column headers to sort. Use filters above to narrow by status and lender.