PRIMEFLIGHT AVIATION INVERNESS LTD

🌳Matureactive
SC325394 · ltd · incorporated 2007-06-13
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.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
69/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 51210
Sector: Transportation & storage
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

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

35/100
too messy

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.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 7 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
85 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
5
filings
  • 2 accounts
  • 2 other
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
  1. 2026-01-09
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  2. 2026-01-09
    📄
    legacy
    accounts · PARENT_ACC
  3. 2026-01-09
    📄
    legacy
    other · GUARANTEE2
  4. 2026-01-09
    📄
    legacy
    other · AGREEMENT2
  5. 2025-11-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-10-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  7. 2025-09-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2025-07-29
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  9. 2025-01-08
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  10. 2025-01-08
    📄
    legacy
    accounts · PARENT_ACC
  11. 2025-01-08
    📄
    legacy
    other · GUARANTEE2
  12. 2025-01-08
    📄
    legacy
    other · AGREEMENT2
  13. 2025-01-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2024-12-19
    POWELL, David Julian resigned
    director
  15. 2024-08-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2024-08-08
    GALLOWAY, Charles Rowan appointed
    director
  17. 2024-03-26
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  18. 2023-12-29
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  19. 2023-12-21
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  20. 2023-11-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2023-11-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2023-11-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2023-10-18
    IBRAHIM, Amir Saadeddin appointed
    director
  24. 2023-10-18
    POWELL, David Julian appointed
    director
  25. 2023-10-18
    SCOULAR, Niall resigned
    director
  26. 2023-10-12
    📄
    memorandum-articles
    incorporation · MA
  27. 2023-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  28. 2023-09-19
    🔓
    Charge satisfied #2
  29. 2023-04-19
    HOURSTON, Nancy Catherine resigned
    secretary
  30. 2023-01-12
    HOURSTON, David Irving resigned
    director
  31. 2018-04-13
    GEDDES, David Alistair resigned
    director
  32. 2016-02-01
    🔓
    Charge satisfied #3
  33. 2016-02-01
    🔓
    Charge satisfied #1
  34. 2014-12-31
    SCOULAR, Niall Alexander resigned
    director
  35. 2014-11-21
    🔒
    Charge registered #4
    Lender: Hsbc Bank PLC
  36. 2012-07-04
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  37. 2012-01-01
    SCOULAR, Niall Alexander appointed
    director
  38. 2010-10-01
    SCOULAR, Niall appointed
    director
  39. 2009-03-01
    GEDDES, David Alistair appointed
    director
  40. 2008-05-22
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  41. 2007-08-14
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  42. 2007-06-13
    🏢
    Company incorporated
    As PRIMEFLIGHT AVIATION INVERNESS LTD
  43. 2007-06-13
    HOURSTON, Nancy Catherine appointed
    secretary
  44. 2007-06-13
    HOURSTON, David Irving appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

2 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Name changed recently
medium

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.

🏛️
Primeflight Aviation Scotland Ltd
Corporate parent · holds 75-100% shares
ultimate parent
PRIMEFLIGHT AVIATION INVERNESS LTD
This company · SC325394

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
Primeflight Aviation Scotland Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting29/11/2016

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 · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CRESTMOUNT LIMITED
SC210376 · est 2000
£99.3k25y8362y
INVERNESS MARINA LIMITED
SC325102 · est 2007
£432.6k18y8369y
ISLE OF SKYE FERRY COMMUNITY INTEREST COMPANY
SC297537 · est 2006 · no financials extracted
20y8376y
ORD STORAGE SERVICES LTD.
SC223112 · est 2001 · no financials extracted
24y8370y
SCOTLINE MARINE HOLDINGS LIMITED
SC161473 · est 1995 · no financials extracted
30y8387y
B CORMACK & SON LIMITED
SC236297 · est 2002
£222.4k23y8262y
CHAUFFEURS INVERNESS LIMITED
SC350202 · est 2008
£48.2k17y8274y
EURO COACH SERVICES LIMITED
SC133208 · est 1991
034y8265y
GLENFOLD LTD.
SC377452 · est 2010
£752.2k15y8262y
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
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2007-06-13
Jurisdictionscotland
Primary SIC51210 — SIC 51210

Registered office

Inverness Airport
Dalcross
Inverness
IV2 7JB
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-12
Last: 2025-07-29

Officers (2 active · 6 resigned)

GALLOWAY, Charles Rowan
director · ~49y · appointed 2024-08-08
View their other companies + combined net worth →
Active
IBRAHIM, Amir Saadeddin
director · ~51y · appointed 2023-10-18
View their other companies + combined net worth →
Active
HOURSTON, Nancy Catherine
secretary · appointed 2007-06-13 · resigned 2023-04-19
Resigned
GEDDES, David Alistair
director · ~57y · appointed 2009-03-01 · resigned 2018-04-13
Resigned
HOURSTON, David Irving
director · ~67y · appointed 2007-06-13 · resigned 2023-01-12
Resigned
POWELL, David Julian
director · ~59y · appointed 2023-10-18 · resigned 2024-12-19
Resigned
SCOULAR, Niall Alexander
director · ~60y · appointed 2012-01-01 · resigned 2014-12-31
Resigned
SCOULAR, Niall
director · ~60y · appointed 2010-10-01 · resigned 2023-10-18
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property21/11/2014
satisfied
Virgin Money
Clydesdale Bank PLC
Floating charge1 property04/07/201201/02/2016
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Bond & floating charge1 property22/05/200819/09/2023
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property14/08/200701/02/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (85 total)

accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-01-09
legacy
accounts · PARENT_ACC
2026-01-09
legacy
other · GUARANTEE2
2026-01-09
legacy
other · AGREEMENT2
2026-01-09
change-person-director-company-with-change-date
officers · CH01
2025-11-06
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-10-09
change-person-director-company-with-change-date
officers · CH01
2025-09-18
certificate-change-of-name-company
change-of-name · CERTNM
2025-07-29
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-01-08
legacy
accounts · PARENT_ACC
2025-01-08
legacy
other · GUARANTEE2
2025-01-08
legacy
other · AGREEMENT2
2025-01-08
termination-director-company-with-name-termination-date
officers · TM01
2025-01-03
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-11