KC COACHES LIMITED

💤Zombieactive
SC311226 · ltd · incorporated 2006-10-31
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
£304.4k
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 49319
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 2.7y

10/100
under pressure

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

  • · Newest facility, 2.7 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
10 officers (1 active, 10 linked, 5 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
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
Positive net assets
Net assets £304,423
Cash YoY
+13%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£56k
↑ 13% YoY
Net Worth
£304k
↑ 30% YoY
Current Assets
£480k
↑ 785% YoY
Current Liabilities
£0£96k£192k£288k£384k£480kAug 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£632.5k£552.5k
Current assets£480.0k£54.3k
Cash£55.5k£49.0k
Debtors£424.5k£5.3k
Net assets£304.4k£234.5k

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
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-02-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2025-06-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-08-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2023-08-25
    🔒
    Charge registered #1
    Lender: Scottish Growth Scheme - Business Loans Scotland Debt Finance L.P.
  8. 2023-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-05-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-08-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2017-08-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2017-05-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-01-05
    MILLAR, Christopher resigned
    secretary
  18. 2015-01-05
    MILLAR, Christopher resigned
    director
  19. 2014-10-27
    COWAN, Kellie appointed
    director
  20. 2014-01-01
    COWAN, Douglas appointed
    secretary
  21. 2014-01-01
    COWAN, Douglas resigned
    secretary
  22. 2014-01-01
    MILLAR, Christopher appointed
    secretary
  23. 2014-01-01
    MILLAR, Christopher resigned
    secretary
  24. 2014-01-01
    COWAN, Douglas appointed
    director
  25. 2014-01-01
    COWAN, Douglas resigned
    director
  26. 2014-01-01
    MILLAR, Christopher appointed
    director
  27. 2014-01-01
    MILLAR, Christopher resigned
    director
  28. 2008-07-31
    COWAN, Kellie resigned
    director
  29. 2008-07-31
    MILLAR, Christopher appointed
    director
  30. 2006-10-31
    🏢
    Company incorporated
    As KC COACHES LIMITED
  31. 2006-10-31
    MILLAR, Christopher appointed
    secretary
  32. 2006-10-31
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  33. 2006-10-31
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  34. 2006-10-31
    COWAN, Kellie appointed
    director
  35. 2006-10-31
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  36. 2006-10-31
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 19 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.)

Group structure

Cowan Holdings Scotland Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Cowan Holdings Scotland Limited
Corporate parent · holds 75-100% shares
ultimate parent
KC COACHES LIMITED
This company · SC311226

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%
NameSharesVoting rightsNature of controlNotified
Cowan Holdings Scotland Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting30/05/2025
2 historic (ceased) PSCs
  • Mrs Kellie Cowanceased 30/05/2025· 75-100% shares · 75-100% voting
  • Mr Christopher Millerceased 06/04/2016· 75-100% shares · 75-100% voting

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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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
Incorporated2006-10-31
Jurisdictionscotland
Primary SIC49319 — SIC 49319

Registered office

Oakfield House
378 Brandon Street
Motherwell
ML1 1XA

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-07-11
Last: 2025-06-27

Officers (1 active · 9 resigned)

COWAN, Kellie
director · ~57y · appointed 2014-10-27
View their other companies + combined net worth →
Active
COWAN, Douglas
secretary · appointed 2014-01-01 · resigned 2014-01-01
Resigned
MILLAR, Christopher
secretary · appointed 2014-01-01 · resigned 2015-01-05
Resigned
MILLAR, Christopher
secretary · appointed 2006-10-31 · resigned 2014-01-01
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2006-10-31 · resigned 2006-10-31
Resigned
COWAN, Douglas
director · ~54y · appointed 2014-01-01 · resigned 2014-01-01
Resigned
COWAN, Kellie
director · ~57y · appointed 2006-10-31 · resigned 2008-07-31
Resigned
MILLAR, Christopher
director · ~38y · appointed 2014-01-01 · resigned 2015-01-05
Resigned
MILLAR, Christopher
director · ~38y · appointed 2008-07-31 · resigned 2014-01-01
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 2006-10-31 · resigned 2006-10-31
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
Scottish Growth Scheme - Business Loans Scotland Debt Finance L.P.
A registered charge25/08/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (65 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-06-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-02