PRIMEFLIGHT AVIATION INVERNESS LTD
- · Thesis: well-run, low negotiation leverage
Opportunity 69/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
4 live charges · 4 lenders · oldest 18.7y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 18.7 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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.
Recent activity
- • 2 accounts
- • 2 other
- • 1 officers
Corporate timeline (44 events)Click to expand
- 2026-01-09📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2026-01-09📄legacyaccounts · PARENT_ACC
- 2026-01-09📄legacyother · GUARANTEE2
- 2026-01-09📄legacyother · AGREEMENT2
- 2025-11-06📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-09-18📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-29✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2025-01-08📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-01-08📄legacyaccounts · PARENT_ACC
- 2025-01-08📄legacyother · GUARANTEE2
- 2025-01-08📄legacyother · AGREEMENT2
- 2025-01-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-19➖POWELL, David Julian resigneddirector
- 2024-08-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-08-08➕GALLOWAY, Charles Rowan appointeddirector
- 2024-03-26✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-12-29📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-12-21✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-11-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-11-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-18➕IBRAHIM, Amir Saadeddin appointeddirector
- 2023-10-18➕POWELL, David Julian appointeddirector
- 2023-10-18➖SCOULAR, Niall resigneddirector
- 2023-10-12📄memorandum-articlesincorporation · MA
- 2023-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-19🔓Charge satisfied #2
- 2023-04-19➖HOURSTON, Nancy Catherine resignedsecretary
- 2023-01-12➖HOURSTON, David Irving resigneddirector
- 2018-04-13➖GEDDES, David Alistair resigneddirector
- 2016-02-01🔓Charge satisfied #3
- 2016-02-01🔓Charge satisfied #1
- 2014-12-31➖SCOULAR, Niall Alexander resigneddirector
- 2014-11-21🔒Charge registered #4Lender: Hsbc Bank PLC
- 2012-07-04🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2012-01-01➕SCOULAR, Niall Alexander appointeddirector
- 2010-10-01➕SCOULAR, Niall appointeddirector
- 2009-03-01➕GEDDES, David Alistair appointeddirector
- 2008-05-22🔒Charge registered #2Lender: Bank of Scotland PLC
- 2007-08-14🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 2007-06-13🏢Company incorporatedAs PRIMEFLIGHT AVIATION INVERNESS LTD
- 2007-06-13➕HOURSTON, Nancy Catherine appointedsecretary
- 2007-06-13➕HOURSTON, David Irving appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2025-07-29: certificate-change-of-name-company
Group structure
Primeflight Aviation Scotland Ltd 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 |
|---|---|---|---|---|
Primeflight Aviation Scotland Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 29/11/2016 |
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
Active · Transport & logistics · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CRESTMOUNT LIMITED→ SC210376 · est 2000 | — | — | £99.3k | — | 25y | 83 | 62y |
| INVERNESS MARINA LIMITED→ SC325102 · est 2007 | — | — | £432.6k | — | 18y | 83 | 69y |
| ISLE OF SKYE FERRY COMMUNITY INTEREST COMPANY→ SC297537 · est 2006 · no financials extracted | — | — | — | — | 20y | 83 | 76y |
| ORD STORAGE SERVICES LTD.→ SC223112 · est 2001 · no financials extracted | — | — | — | — | 24y | 83 | 70y |
| SCOTLINE MARINE HOLDINGS LIMITED→ SC161473 · est 1995 · no financials extracted | — | — | — | — | 30y | 83 | 87y |
| B CORMACK & SON LIMITED→ SC236297 · est 2002 | — | — | £222.4k | — | 23y | 82 | 62y |
| CHAUFFEURS INVERNESS LIMITED→ SC350202 · est 2008 | — | — | £48.2k | — | 17y | 82 | 74y |
| EURO COACH SERVICES LIMITED→ SC133208 · est 1991 | — | — | — | 0 | 34y | 82 | 65y |
| GLENFOLD LTD.→ SC377452 · est 2010 | — | — | £752.2k | — | 15y | 82 | 62y |
| SCOT RANGER SHIPPING LIMITED→ SC161474 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| SCOT TRADER SHIPPING LIMITED→ SC166821 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| SCOT VENTURE SHIPPING LIMITED→ SC215111 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
6 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 (2 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 21/11/2014 | — | |
| satisfied | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 04/07/2012 | 01/02/2016 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Bond & floating charge | 1 property | 22/05/2008 | 19/09/2023 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 14/08/2007 | 01/02/2016 |