IBT TRAVEL LIMITED
🌳Matureactive
SC299214 · ltd · incorporated 2006-03-20
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 19.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
£12.93M
year to Jul 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Tour operator activities
Sector: Administrative & support services
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 78/100 (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 (85/100).
🏦
Refinance opportunity
5 live charges · 2 lenders · oldest 19.6y
80/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 19.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 23/100 — clean.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £1,056,440
Turned profitable
Returned to profit this year
Turnover YoY
+9%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Turnover | £12.93M | £11.81M |
| Gross profit | £3.01M | £2.85M |
| Operating profit | £1.02M | £-1.15M |
| Profit before tax | £1.06M | £-1.15M |
| Average employees | 2400 | 1900 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 signals 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 accounts
Last 90 days
3
filings
- • 1 accounts
- • 1 confirmation-statement
- • 1 change-of-constitution
Last 180 days
9
filings
- • 3 mortgage
- • 2 change-of-constitution
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
- 2026-04-14📄accounts-with-accounts-type-fullaccounts · AA
- 2026-02-05📄notice-removal-restriction-on-company-articleschange-of-constitution · CC02
- 2025-12-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-16📄statement-of-companys-objectschange-of-constitution · CC04
- 2025-12-15📄memorandum-articlesincorporation · MA
- 2025-12-15📄resolutionresolution · RESOLUTIONS
- 2025-12-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-15🔓Charge satisfied #1
- 2025-12-11🔒Charge registered #5Lender: Secured Fixed Income PLC
- 2025-12-11🔒Charge registered #4Lender: Secured Fixed Income PLC
- 2025-03-26📄accounts-with-accounts-type-fullaccounts · AA
- 2025-02-17📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-28➕ICKE, Jonathan William appointeddirector
- 2024-06-28➖HALPIN-ROSE, Carolyn resigneddirector
- 2024-04-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-18📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-12-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-12-18📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-12-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-05➕PARRY, Robin William appointeddirector
- 2023-12-05➖BLACK, Iain resignedsecretary
- 2023-12-05➖BLACK, Iain resigneddirector
- 2023-12-05➕HALPIN-ROSE, Carolyn appointeddirector
- 2023-11-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2020-04-30🔓Charge satisfied #3
- 2020-04-30🔓Charge satisfied #2
- 2018-05-16➖TRAYNER, Brian Maxwell resigneddirector
- 2018-05-16🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2018-05-16🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2006-09-18🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2006-03-20🏢Company incorporatedAs IBT TRAVEL LIMITED
- 2006-03-20➕BLACK, Iain appointedsecretary
- 2006-03-20➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2006-03-20➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2006-03-20➕BLACK, Iain appointeddirector
- 2006-03-20➕TRAYNER, Brian Maxwell appointeddirector
- 2006-03-20➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2006-03-20➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
66/100
High — earn-out structure requiredMaterial 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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Huron Bidco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Huron Bidco Limited
Corporate parent · holds 75-100% shares · board control
⬇
IBT TRAVEL LIMITED
This company · SC299214
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 |
|---|---|---|---|---|
Huron Bidco Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 05/12/2023 |
3 historic (ceased) PSCs
- Ibt Holdings Limitedceased 05/12/2023· 50-75% shares · 50-75% voting · board control · firm interest
- Mr Iain Blackceased 05/12/2023· significant influence
- Mr Brian Maxwell Traynerceased 16/05/2018· 25-50% 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 · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ARDROSSAN WINTON ROVERS FOOTBALL CLUB LIMITED→ SC139602 · est 1992 · no financials extracted | — | — | — | — | 33y | 83 | 74y |
| L A BOWL (SCOTLAND) LTD.→ SC392300 · est 2011 | — | — | — | — | 15y | 83 | 82y |
| LENDALFOOT COMMUNITY ASSOCIATION LIMITED→ SC289259 · est 2005 · no financials extracted | — | — | — | — | 20y | 83 | 85y |
| M & M THEATRICAL PRODUCTIONS LTD→ SC235693 · est 2002 | — | — | — | — | 23y | 83 | 62y |
| THE STEAMSHIP SIR WALTER SCOTT TRUST→ SC271149 · est 2004 · no financials extracted | — | — | — | — | 21y | 83 | 94y |
| WICKED COSTUMES LIMITED→ SC347295 · est 2008 | — | — | £1.61M | — | 17y | 83 | 62y |
| BEITH COMMUNITY DEVELOPMENT TRUST→ SC394148 · est 2011 | — | — | £1.89M | — | 15y | 82 | 74y |
| CLYDE MARINA LIMITED→ SC155326 · est 1995 | — | — | £1.09M | — | 31y | 82 | 82y |
| DION PROPERTY LIMITED→ SC338844 · est 2008 | — | — | — | 3900 | 18y | 82 | 82y |
| HIREABAND LIMITED→ SC233093 · est 2002 | — | — | — | 600 | 23y | 82 | 61y |
| MRC FITNESS & LEISURE LIMITED→ SC087814 · est 1984 | — | — | £20.1k | — | 41y | 82 | 69y |
| TOCOPA LIMITED→ SC490942 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated2006-03-20
Jurisdictionscotland
Primary SIC79120 — Tour operator activities
Registered office
Cairn House
15 Skye Road
Prestwick
Ayrshire
KA9 2TA
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-04-03
Last: 2026-03-20
Officers (2 active · 6 resigned)
ICKE, Jonathan William→
Activedirector · ~39y · appointed 2024-06-28
View their other companies + combined net worth →
PARRY, Robin William→
Activedirector · ~58y · appointed 2023-12-05
View their other companies + combined net worth →
BLACK, Iain→
Resignedsecretary · appointed 2006-03-20 · resigned 2023-12-05
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2006-03-20 · resigned 2006-03-20
BLACK, Iain→
Resigneddirector · ~65y · appointed 2006-03-20 · resigned 2023-12-05
HALPIN-ROSE, Carolyn→
Resigneddirector · ~48y · appointed 2023-12-05 · resigned 2024-06-28
TRAYNER, Brian Maxwell→
Resigneddirector · ~69y · appointed 2006-03-20 · resigned 2018-05-16
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2006-03-20 · resigned 2006-03-20
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Secured Fixed Income Secured Fixed Income PLC | A registered charge | 1 property | 11/12/2025 | — | |
| outstanding | Secured Fixed Income Secured Fixed Income PLC | A registered charge | 1 property | 11/12/2025 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 16/05/2018 | 30/04/2020 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 16/05/2018 | 30/04/2020 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 18/09/2006 | 15/12/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (82 total)
accounts-with-accounts-type-full
accounts · AA
2026-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-23
notice-removal-restriction-on-company-articles
change-of-constitution · CC02
2026-02-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-18
statement-of-companys-objects
change-of-constitution · CC04
2025-12-16
memorandum-articles
incorporation · MA
2025-12-15
resolution
resolution · RESOLUTIONS
2025-12-15
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-15
accounts-with-accounts-type-full
accounts · AA
2025-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-20
change-person-director-company-with-change-date
officers · CH01
2025-02-17
appoint-person-director-company-with-name-date
officers · AP01
2024-07-17
termination-director-company-with-name-termination-date
officers · TM01
2024-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-23