AILSA LIFT TRUCK RENTALS LTD.
🌳Matureactive
SC354888 · ltd · incorporated 2009-02-11
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£110.7k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
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: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 16.9y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 16.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £110,718
Net assets shrinking
Down £5,990 YoY
Cash YoY
-28%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£16k
↓ 28% YoY
Net Worth
£111k
↓ 5.1% YoY
Current Assets
£16k
↓ 29% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £133.0k | £147.8k |
| Current assets | £15.5k | £21.8k |
| Cash | £15.5k | £21.5k |
| Debtors | — | £346 |
| Net assets | £110.7k | £116.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
- 2026-01-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-09-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-01📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-09-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-09-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-09-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-29➕CAIRNS, Brendan Thomas appointeddirector
- 2022-09-29➕CAIRNS, Declan William Anthony appointeddirector
- 2022-09-29➖CAIRNS, Marie Theresa resignedsecretary
- 2022-09-29➖CAIRNS, Thomas resigneddirector
- 2022-09-29📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-09-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-08-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-08-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-08-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-08-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-15➖MCCORMACK, Dale resigneddirector
- 2016-11-04➖MCNAIR, Thomas resigneddirector
- 2009-05-26🔒Charge registered #1Lender: Llotds Tsb Scotland PLC
- 2009-02-11🏢Company incorporatedAs AILSA LIFT TRUCK RENTALS LTD.
- 2009-02-11➕CAIRNS, Marie Theresa appointedsecretary
- 2009-02-11➕BRIAN REID LTD. appointedcorporate-secretary
- 2009-02-11➖BRIAN REID LTD. resignedcorporate-secretary
- 2009-02-11➕CAIRNS, Thomas appointeddirector
- 2009-02-11➕MABBOTT, Stephen George appointeddirector
- 2009-02-11➖MABBOTT, Stephen George resigneddirector
- 2009-02-11➕MCCORMACK, Dale appointeddirector
- 2009-02-11➕MCNAIR, Thomas appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Declan William Anthony Cairns Individual · British · DOB 08/1993 · age 33 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/08/2022 |
4 historic (ceased) PSCs
- Mr Brendan Thomas Cairnsceased 27/01/2026· 25-50% shares · 25-50% voting · board control
- Marie Theresa Cairns Discr Trust 2021ceased 31/08/2022· 25-50% shares · 25-50% voting · board control
- Thomas Cairns Discretionary Trust 2021ceased 31/08/2022· 25-50% shares · 25-50% voting · board control
- Mr Thomas Cairnsceased 03/08/2021· 75-100% shares · 75-100% voting
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 · Property · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & R LEGACY HOMES LTD→ SC861640 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANDERSON DOE PROPERTY LIMITED→ SC641112 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ANGUS PROPERTY INVESTMENTS LTD→ SC764272 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ANIMUS PROPERTIES LTD→ SC767800 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AP1 BUSINESS LTD→ SC874636 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| APX PROPERTY LIMITED→ SC821488 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AQAAR LTD→ SC605100 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ARDWELL BAY LIMITED→ SC484319 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ARE TALLENTS LIMITED→ SC393961 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| AREA18 LTD→ SC809449 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AREF PROPERTY LIMITED→ SC875868 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ARELSEE PROPERTY LIMITED→ SC761564 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2009-02-11
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
9 Colvilles Place
Kelvin Industrial Estate
East Kilbride
Lanarkshire
G75 0PZ
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-25
Last: 2026-02-11
Officers (2 active · 6 resigned)
CAIRNS, Brendan Thomas→
Activedirector · ~48y · appointed 2022-09-29
View their other companies + combined net worth →
CAIRNS, Declan William Anthony→
Activedirector · ~33y · appointed 2022-09-29
View their other companies + combined net worth →
CAIRNS, Marie Theresa→
Resignedsecretary · appointed 2009-02-11 · resigned 2022-09-29
BRIAN REID LTD.→
Resignedcorporate-secretary · appointed 2009-02-11 · resigned 2009-02-11
CAIRNS, Thomas→
Resigneddirector · ~71y · appointed 2009-02-11 · resigned 2022-09-29
MABBOTT, Stephen George→
Resigneddirector · ~76y · appointed 2009-02-11 · resigned 2009-02-11
MCCORMACK, Dale→
Resigneddirector · ~62y · appointed 2009-02-11 · resigned 2017-02-15
MCNAIR, Thomas→
Resigneddirector · ~65y · appointed 2009-02-11 · resigned 2016-11-04
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Llotds Tsb Scotland PLC | Standard security | 1 property | 26/05/2009 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (68 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-01
change-person-director-company-with-change-date
officers · CH01
2025-05-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-09-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-09-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-09-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-09-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-22