KC COACHES LIMITED
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| 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.
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
- • 1 accounts
- • 1 accounts
Corporate timeline (36 events)Click to expand
- 2026-02-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-06-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-25🔒Charge registered #1Lender: Scottish Growth Scheme - Business Loans Scotland Debt Finance L.P.
- 2023-05-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-08-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-05-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-01-05➖MILLAR, Christopher resignedsecretary
- 2015-01-05➖MILLAR, Christopher resigneddirector
- 2014-10-27➕COWAN, Kellie appointeddirector
- 2014-01-01➕COWAN, Douglas appointedsecretary
- 2014-01-01➖COWAN, Douglas resignedsecretary
- 2014-01-01➕MILLAR, Christopher appointedsecretary
- 2014-01-01➖MILLAR, Christopher resignedsecretary
- 2014-01-01➕COWAN, Douglas appointeddirector
- 2014-01-01➖COWAN, Douglas resigneddirector
- 2014-01-01➕MILLAR, Christopher appointeddirector
- 2014-01-01➖MILLAR, Christopher resigneddirector
- 2008-07-31➖COWAN, Kellie resigneddirector
- 2008-07-31➕MILLAR, Christopher appointeddirector
- 2006-10-31🏢Company incorporatedAs KC COACHES LIMITED
- 2006-10-31➕MILLAR, Christopher appointedsecretary
- 2006-10-31➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2006-10-31➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2006-10-31➕COWAN, Kellie appointeddirector
- 2006-10-31➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
- 2006-10-31➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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
cleanGroup structure
Cowan Holdings Scotland Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Cowan Holdings Scotland Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 30/05/2025 |
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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| LISA.RAE0107 LTD→ SC861631 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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| MAHA SINGH TRANSPORT LTD.→ SC621172 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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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 →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
Registered office
Filing status
Officers (1 active · 9 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Scottish Growth Scheme - Business Loans Scotland Debt Finance L.P. | A registered charge | — | 25/08/2023 | — |