TRAVEL D.S. LTD

💤Zombieactive
SC301711 · ltd · incorporated 2006-05-04
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 Aug 2025
Net worth
£-31.7k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Travel agency activities
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -77% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 19.7y

45/100
under pressure

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

  • · Oldest live charge is 19.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
61 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 declared
Negative net assets
Liabilities exceed assets by £31,720
Cash draining
Cash down 77% YoY
Cash YoY
-77%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£758
↓ 77% YoY
Net Worth
-£32k
↓ 36% YoY
Current Assets
£6k
↑ 17% YoY
Current Liabilities
—
-£32k-£24k-£17k-£9k-£2k£6kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Total assets£17.6k£17.1k
Current assets£6.0k£5.1k
Cash£758£3.2k
Debtors£5.2k£1.8k
Net assets£-31.7k£-23.3k

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
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-01-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-09-20
    ➖
    MCSWAN, John Mcnaughton resigned
    secretary
  4. 2024-09-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-09-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-09-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2024-09-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-09-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-02-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2024-01-12
    ➖
    MCSWAN, Sharon resigned
    director
  11. 2024-01-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2024-01-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-03-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-01-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2006-08-09
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  20. 2006-05-04
    🏢
    Company incorporated
    As TRAVEL D.S. LTD
  21. 2006-05-04
    ➕
    MCSWAN, Roderick appointed
    director
  22. 2006-05-04
    ➕
    MCSWAN, John Mcnaughton appointed
    secretary
  23. 2006-05-04
    ➕
    BRIGHTON SECRETARY LTD appointed
    corporate-nominee-secretary
  24. 2006-05-04
    ➖
    BRIGHTON SECRETARY LTD resigned
    corporate-nominee-secretary
  25. 2006-05-04
    ➕
    MCSWAN, Sharon appointed
    director
  26. 2006-05-04
    ➕
    BRIGHTON DIRECTOR LTD appointed
    corporate-nominee-director
  27. 2006-05-04
    ➖
    BRIGHTON DIRECTOR LTD resigned
    corporate-nominee-director

Owner dependency

93/100
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 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

78/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 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
NameSharesVoting rightsNature of controlNotified
Mr Derek Mcswan
Individual · British · DOB 02/1966 · age 60
50–75%
—50-75% shares06/04/2016

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 →

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CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BIGGAR MUSEUM TRUST→
SC398044 · est 2011
——£2.14M—15y8377y
THE BIGGAR ALBION FOUNDATION LIMITED→
SC214838 · est 2001
——£462.7k—25y8370y
CHAMPIONS LEAGUE FOOTBALL LIMITED→
SC167752 · est 1996
——£234.5k—29y8271y
ON SITE AUDIO VISUAL SERVICES LIMITED→
SC269886 · est 2004
——£346.2k—21y8267y
PHOTOFLASH TRAVEL LTD.→
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——£431.8k—15y8263y
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———70022y8260y
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BARR LEISURE LIMITED→
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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
Incorporated2006-05-04
Jurisdictionscotland
Primary SIC79110 — Travel agency activities

Registered office

25 Glenfinnan Wynd
Hamilton
ML3 8QS
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-05-07
Last: 2026-04-23

Officers (1 active · 4 resigned)

MCSWAN, Roderick→
director · ~60y · appointed 2006-05-04
View their other companies + combined net worth →
Active
MCSWAN, John Mcnaughton→
secretary · appointed 2006-05-04 · resigned 2024-09-20
Resigned
BRIGHTON SECRETARY LTD→
corporate-nominee-secretary · appointed 2006-05-04 · resigned 2006-05-04
Resigned
MCSWAN, Sharon→
director · ~58y · appointed 2006-05-04 · resigned 2024-01-12
Resigned
BRIGHTON DIRECTOR LTD→
corporate-nominee-director · appointed 2006-05-04 · resigned 2006-05-04
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property09/08/2006—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (61 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-20
change-person-director-company-with-change-date
officers · CH01
2024-09-20
termination-secretary-company-with-name-termination-date
officers · TM02
2024-09-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-20
termination-director-company-with-name-termination-date
officers · TM01
2024-01-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-15