DISCOVER SCOTLAND TOURS LTD.

🌳Matureactive

SC313476 · ltd · incorporated 2006-12-14

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.

Why now

Window steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 5.7y old — refinance window within 12 months

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2025

Net worth

£310.9k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: SIC 49390

Sector: Transportation & storage

Investor take

Pursue

Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 83/100 (exceptional), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 5.7y

85/100

ready

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

· Oldest live charge is 5.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (86/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

3 years of iXBRL accounts extracted + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

8 officers (5 active, 8 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

3 connected companies via shared directors

Filing history

57 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £310,866

Net assets shrinking

Down £11,955 YoY

Cash YoY

+27%

Year on year

Key financials

3 years extracted from filed iXBRL accounts

Cash

£326k

↑ 27% YoY

Net Worth

£311k

↓ 3.7% YoY

Current Assets

£553k

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-09-30	2024-09-30	2023-09-30
Total assets	£1.23M	£876.6k	—
Current assets	£552.7k	£553.2k	—
Cash	£325.7k	£257.4k	—
Debtors	£227.0k	£295.7k	—
Net assets	£310.9k	£322.8k	—

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (31 events)Click to expand

2026-06-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-22
📄
change-person-director-company-with-change-date
officers · CH01
2025-05-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-05-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-05-22
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-05-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-20
➕
COLHOUN, Agnes Catherine appointed
director
2025-05-20
➕
COLHOUN, Michael Joseph appointed
director
2025-05-20
➕
COLHOUN, Samantha Jane appointed
director
2024-01-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-15
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-06-21
➖
COLHOUN, Michael Joseph resigned
director
2022-05-04
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-04
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-11-26
🔒
Charge registered #1
Lender: Scottish Growth Scheme - Business Loans Scotland Debt Finance L.P.
2020-09-29
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2019-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-05-31
➕
COLHOUN, Michael Joseph appointed
director
2006-12-14
🏢
Company incorporated
As DISCOVER SCOTLAND TOURS LTD.
2006-12-14
➕
COLHOUN, Agnes Catherine appointed
secretary
2006-12-14
➕
COLHOUN, Michael appointed
director
2006-12-14
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2006-12-14
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2006-12-14
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2006-12-14
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 68 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

23/100

No succession signal

No meaningful acquirability indicators from public data.

SIGNALS

primaryFamily succession underway: Not a takeover target — COLHOUN, Michael Joseph (same surname) appointed 2025-05-20. Pattern consistent with intra-family handover.
primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
secondary12+ year tenure: Director in role 20 years.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr Michael Colhoun Individual · British · DOB 05/1958 · age 68	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 · Transport & logistics · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MAXI HAULAGE LIMITED→ SC054932 · est 1974	£5.39M £4.04M–£6.74M	—	—	319	52y	88	82y
CCL LOGISTICS LTD→ SC199192 · est 1999	£3.37M £2.53M–£4.22M	—	—	5800	26y	85	60y
T FRENCH & SON LTD→ SC292873 · est 2005	£1.53M £1.15M–£1.92M	—	—	91	20y	87	80y
MAXI WAREHOUSING LIMITED→ SC062338 · est 1977	£28.8k £21.6k–£35.9k	—	—	0	49y	83	82y
FIVE STAR VEHICLE DELIVERIES LIMITED→ SC335613 · est 2007	—	—	£279.5k	—	18y	83	59y
THE STEAMSHIP SIR WALTER SCOTT LIMITED→ SC277474 · est 2004	—	—	£493.0k	—	21y	83	72y
AERO FASTENER CO. LTD.→ SC174293 · est 1997 · no financials extracted	—	—	—	—	29y	82	77y
ANGUS LAMBIE MOTOR ENGINEERS LIMITED→ SC264274 · est 2004	—	—	—	—	22y	82	67y
CMH TRANSPORT LIMITED→ SC195532 · est 1999	—	—	£324.9k	—	27y	82	59y
DGT LIMITED→ SC143011 · est 1993	—	—	£70.8k	—	33y	82	81y
ELMHURST TRANSPORT (SCOTLAND) LTD.→ SC181540 · est 1997	—	—	£216.1k	—	28y	82	59y
JIM MAIR DRIVER TRAINING LTD→ SC321249 · est 2007	—	—	£160.5k	—	19y	82	66y

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.

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Company details

Statusactive

Typeltd

Incorporated2006-12-14

Jurisdictionscotland

Primary SIC49390 — SIC 49390

Registered office

Arran House 15d Skye Road

Shawfarm Industrial Estate

Prestwick

KA9 2TA

Scotland

Filing status

Accounts

Next due: 2027-06-30

Last made up to: 2025-09-30

Confirmation statement

Next due: 2026-12-28

Last: 2025-12-14