PREMIER COACHES (KINTORE) LIMITED

💤Zombieactive
SC364464 · ltd · incorporated 2009-08-24
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£1.33M
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: SIC 49390
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

7 live charges · 3 lenders · oldest 11.6y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 11.6 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
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 £1,325,928
Cash draining
Cash down 57% YoY
Cash YoY
-57%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£49k
↓ 57% YoY
Net Worth
£1.3m
↑ 50% YoY
Current Assets
£1.4m
Current Liabilities
—
£0£278k£557k£835k£1.1m£1.4mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-302024-03-30
Total assets£3.23M—
Current assets£1.39M—
Cash£49.0k£113.5k
Debtors£1.31M—
Net assets£1.33M£886.3k

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 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2026-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-06-11
    ➖
    HM SECRETARIES LIMITED resigned
    corporate-secretary
  4. 2025-06-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2025-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-09-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-09-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-06-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-03-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2023-07-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2023-07-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2023-04-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-11-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2022-11-04
    🔓
    Charge satisfied #1
  15. 2022-11-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2022-11-02
    🔒
    Charge registered #8
    Lender: Allica Bank Limited
  17. 2022-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-07-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2021-07-05
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  20. 2021-06-29
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  21. 2021-05-27
    ➕
    HM SECRETARIES LIMITED appointed
    corporate-secretary
  22. 2021-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2019-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2019-08-14
    🔓
    Charge satisfied #5
  25. 2019-08-01
    🔒
    Charge registered #7
    Lender: Barclays Security Trustee Limited
  26. 2019-08-01
    🔒
    Charge registered #6
    Lender: Barclays Security Trustee Limited
  27. 2018-02-28
    🔓
    Charge satisfied #3
  28. 2018-02-28
    🔓
    Charge satisfied #2
  29. 2017-11-24
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  30. 2015-05-07
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  31. 2015-01-19
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  32. 2014-09-11
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  33. 2011-01-01
    ➖
    PETERKINS, SOLICITORS resigned
    corporate-nominee-secretary
  34. 2009-12-24
    ➖
    RENNIE, Thomas George resigned
    nominee-director
  35. 2009-12-23
    ➕
    FINDLATER, Alan James appointed
    director
  36. 2009-08-24
    🏢
    Company incorporated
    As PREMIER COACHES (KINTORE) LIMITED
  37. 2009-08-24
    ➕
    PETERKINS, SOLICITORS appointed
    corporate-nominee-secretary
  38. 2009-08-24
    ➕
    RENNIE, Thomas George appointed
    nominee-director

Owner dependency

85/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 17 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 ·
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.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alan James Findlater
Individual · British · DOB 04/1983 · age 43
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence24/08/2016
Mrs Gemma Findlater
Individual · British · DOB 04/1983 · age 43
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence24/08/2016

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

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CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
MCPHERSON LIMITED→
SC218508 · est 2001
£12.64M
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——4680025y8471y
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SC073938 · est 1981
£5.76M
£4.32M–£7.20M
£41.24M—2450045y8574y
TRANSPAN (SCOTLAND) LIMITED→
SC124530 · est 1990
£52.0k
£39.0k–£65.0k
——7136y8358y
ALP (SCOTLAND) LIMITED→
SC261031 · est 2003
——£246.4k—22y8361y
BOX POOL SOLUTIONS LIMITED→
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——£2.66M—20y8377y
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——£3.28M—21y8373y
ENLIM (SCOTLAND) LTD.→
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———50023y8362y
HARBOUR HAULAGE LIMITED→
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——£951.9k—26y8362y
KEITH & DUFFTOWN RAILWAY ASSOCIATION→
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————31y8382y
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———041y8374y
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————19y——
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————3y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2009-08-24
Jurisdictionscotland
Primary SIC49390 — SIC 49390

Registered office

7 Ythan Terrace
Ellon
AB41 9LJ
Scotland

Filing status

Accounts
Next due: 2026-12-30
Last made up to: 2025-03-30
Confirmation statement
Next due: 2026-09-07
Last: 2025-08-24

Officers (1 active · 3 resigned)

FINDLATER, Alan James→
director · ~43y · appointed 2009-12-23
View their other companies + combined net worth →
Active
HM SECRETARIES LIMITED→
corporate-secretary · appointed 2021-05-27 · resigned 2025-06-11
Resigned
PETERKINS, SOLICITORS→
corporate-nominee-secretary · appointed 2009-08-24 · resigned 2011-01-01
Resigned
RENNIE, Thomas George→
nominee-director · ~79y · appointed 2009-08-24 · resigned 2009-12-24
Resigned

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

Mortgages & charges

7
Total charges
3
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Allica Bank
Allica Bank Limited
A registered charge1 property02/11/2022—
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge2 properties01/08/2019—
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge2 properties01/08/2019—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property24/11/201714/08/2019
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property07/05/201528/02/2018
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property19/01/201528/02/2018
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—11/09/201404/11/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (68 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-09
termination-secretary-company-with-name-termination-date
officers · TM02
2025-06-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-12
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-11
mortgage-satisfy-charge-full
mortgage · MR04
2022-11-04