C.T.T.S. (MANAGEMENT) LIMITED

🌳Matureactive

SC273935 · ltd · incorporated 2004-09-27

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 10.1y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Driving school activities

Sector: Education

Investor take

Pursue

Active trading company with a 64-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 64). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 10.1y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 10.1 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

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

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

5 officers (3 active, 5 linked, 2 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

63 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-09-30	2023-09-30
Average employees	900	1000

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

• 2 mortgage

Last 90 days

filings

• 2 mortgage

Last 180 days

filings

• 2 mortgage

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2026-04-21
📄
mortgage-charge-whole-cease-and-release-with-charge-number
mortgage · MR05
2026-04-21
📄
mortgage-charge-whole-cease-and-release-with-charge-number
mortgage · MR05
2025-06-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-27
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-27
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-06-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-09-11
📄
change-person-director-company-with-change-date
officers · CH01
2018-09-11
📄
change-person-secretary-company-with-change-date
officers · CH03
2018-09-11
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-07-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-06-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-11-25
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2016-03-08
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2004-09-27
🏢
Company incorporated
As C.T.T.S. (MANAGEMENT) LIMITED
2004-09-27
➕
GILLAN, James Watson appointed
secretary
2004-09-27
➕
GILLAN, James Watson appointed
director
2004-09-27
➕
MCEWEN, James appointed
director
2004-09-27
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2004-09-27
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2004-09-27
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2004-09-27
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

76/100

High — earn-out structure required

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 64 — approaching natural succession window.

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 64. 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 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 22 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 James Watson Gillan Individual · British · DOB 02/1962 · age 64	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr James Mcewen Individual · British · DOB 03/1963 · age 63	25–50%	25–50%	25-50% shares · 25-50% voting	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 · Education & training · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CLYDE STRENGTH LTD→ SC873978 · est 2026 · no financials extracted	—	—	—	—	—	—	—
E C SCOTLAND LIMITED→ SC426926 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
EDINBURGH SCIENCE WORLDWIDE HOLDINGS LTD→ SC802990 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
EDINBURGHITC LIMITED→ SC854648 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ETHOS ELEVATE LTD→ SC818888 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
FABS ONLINE STUDENT PREP LTD→ SC809094 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
FAST FORWARD (POSITIVE LIFESTYLES) LIMITED→ SC134443 · est 1991 · no financials extracted	—	—	—	—	34y	—	—
FET-LOR YOUTH CLUB→ SC179111 · est 1997 · no financials extracted	—	—	—	—	28y	—	—
FETTES COLLEGE→ SC719759 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
FOOTBALL & SPORTS ACADEMY LTD→ SC849198 · est 2025 · no financials extracted	—	—	—	—	—	—	—
FOREST SCHOOL TRAINING COLLABORATIVE LTD→ SC627264 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
FORTH SCHOOL OF MUSIC LTD→ SC737112 · est 2022 · no financials extracted	—	—	—	—	3y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

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 →

🔒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

Incorporated2004-09-27

Jurisdictionscotland

Primary SIC85530 — Driving school activities

Registered office

33a Inchmuir Road

Whitehill Industrial Estate

Bathgate

West Lothian

EH48 2EP

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2026-10-11

Last: 2025-09-27

Officers (3 active · 2 resigned)

GILLAN, James Watson→

secretary · appointed 2004-09-27

View their other companies + combined net worth →

Active

GILLAN, James Watson→

director · ~64y · appointed 2004-09-27

View their other companies + combined net worth →

Active

MCEWEN, James→

director · ~63y · appointed 2004-09-27

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2004-09-27 · resigned 2004-09-27

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2004-09-27 · resigned 2004-09-27

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	1 property	25/11/2016	—
	outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	—	08/03/2016	—

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

Recent filings (63 total)

mortgage-charge-whole-cease-and-release-with-charge-number

mortgage · MR05

2026-04-21

mortgage-charge-whole-cease-and-release-with-charge-number

mortgage · MR05

2026-04-21

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-09-30

accounts-with-accounts-type-micro-entity

accounts · AA

2025-06-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-10-08

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-06-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-09-28

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-06-19

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-09-27

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2022-09-27

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2022-09-27

accounts-with-accounts-type-micro-entity

accounts · AA

2022-06-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-09-28

accounts-with-accounts-type-micro-entity

accounts · AA

2021-06-23

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-09-30