WHYTES COACHES LIMITED
- · Oldest live charge 18.2y old — refinance window within 12 months
Likely operating a coach and passenger transport business in the Aberdeen area of Scotland, providing scheduled or chartered bus and coach services for passengers, as suggested by the SIC code covering other passenger land transport not elsewhere classified.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (65/100, director aged 62). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 18.2y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 18.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
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 · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £337.1k | £201.7k |
| Current assets | £313.4k | £243.4k |
| Cash | £927 | £827 |
| Debtors | £305.4k | £238.3k |
| Net assets | £134.2k | £106.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 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
- • 1 accounts
Corporate timeline (33 events)Click to expand
- 2026-01-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-08-29➖URQUHART, Andrew resigneddirector
- 2018-10-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-06-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-06-10🔓Charge satisfied #2
- 2017-06-10🔓Charge satisfied #1
- 2017-04-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-04-06🔒Charge registered #3Lender: Bank of Scotland PLC
- 2016-09-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-04-05➕CAMPBELL, David Andrew appointeddirector
- 2016-04-05➕CARRISON, Jason appointeddirector
- 2016-04-05➕URQUHART, Andrew appointeddirector
- 2016-04-05➖WHYTE, Steven William resigneddirector
- 2011-11-01➖MATHIESON, Sheila Margaret resignedsecretary
- 2008-05-21🔒Charge registered #2Lender: Royal Bank of Scotland PLC
- 2008-02-22🔒Charge registered #1Lender: Royal Bank of Scotland PLC
- 2007-11-05🏢Company incorporatedAs WHYTES COACHES LIMITED
- 2007-11-05➕MATHIESON, Sheila Margaret appointedsecretary
- 2007-11-05➕HOGG JOHNSTON SECRETARIES LTD. appointedcorporate-secretary
- 2007-11-05➖HOGG JOHNSTON SECRETARIES LTD. resignedcorporate-secretary
- 2007-11-05➕WHYTE, Steven William appointeddirector
- 2007-11-05➕HOGG JOHNSTON DIRECTORS LTD. appointedcorporate-director
- 2007-11-05➖HOGG JOHNSTON DIRECTORS LTD. resignedcorporate-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Wccu 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 |
|---|---|---|---|---|
Wccu Limited Corporate entity | 75–100% | — | 75-100% shares · firm interest | 06/04/2016 |
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
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|---|---|---|---|---|---|---|---|
| MCPHERSON LIMITED→ SC218508 · est 2001 | £12.40M £9.30M–£15.49M | — | — | 457 | 25y | 84 | 71y |
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| KEITH & DUFFTOWN RAILWAY ASSOCIATION→ SC157099 · est 1995 · no financials extracted | — | — | — | — | 31y | 83 | 82y |
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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 · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 06/04/2017 | — | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 21/05/2008 | 10/06/2017 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 22/02/2008 | 10/06/2017 |