T.H.S. COURIERS LTD.
- · Oldest live charge 15.9y old — refinance window within 12 months
Opportunity 50/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100). Current lenders should be on monthly review.
Refinance opportunity
1 live charge · oldest 15.9y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 15.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (73/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2019-05-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (39 events)Click to expand
- 2025-04-13⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2025-04-13🏁Company dissolved
- 2025-01-13⚠️liquidation-compulsory-return-final-meeting-court-scotlandinsolvency · WU15(Scot)
- 2020-10-08⚠️liquidation-compulsory-notice-winding-up-order-court-scotlandinsolvency · WU01(Scot)
- 2020-08-28⚠️liquidation-compulsory-notice-winding-up-order-court-scotlandinsolvency · WU01(Scot)
- 2020-08-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-08-04⚠️liquidation-appointment-of-provisional-liquidator-court-scotlandinsolvency · WU02(Scot)
- 2020-02-20📄accounts-with-accounts-type-smallaccounts · AA
- 2019-07-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-06-21➖STEWART, Jerry Brown resigneddirector
- 2019-03-04📄accounts-with-accounts-type-smallaccounts · AA
- 2018-02-22📄resolutionresolution · RESOLUTIONS
- 2018-01-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-12-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-12-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2017-12-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-12-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-12-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-12-07➕DEAS, Fiona Lindsay appointeddirector
- 2017-12-07➖MUIR, Kevin John resigneddirector
- 2017-12-07➕STEWART, Jerry Brown appointeddirector
- 2017-10-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-10-30🔓Charge satisfied #1
- 2017-08-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-07-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2017-07-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-07-20➖MUIR, Lesley resigneddirector
- 2017-02-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-05-31➕MUIR, Lesley appointeddirector
- 2010-08-13➖RABET, Dale Graeme resigneddirector
- 2010-06-21🔒Charge registered #1Lender: Lloyds Tsb Commercial Finance Limited
- 2010-02-04🏢Company incorporatedAs T.H.S. COURIERS LTD.
- 2010-02-04➕BRIAN REID LTD. appointedcorporate-secretary
- 2010-02-04➖BRIAN REID LTD. resignedcorporate-secretary
- 2010-02-04➕MABBOTT, Stephen George appointeddirector
- 2010-02-04➖MABBOTT, Stephen George resigneddirector
- 2010-02-04➕MUIR, Kevin John appointeddirector
- 2010-02-04➕RABET, Dale Graeme appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 61 — 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 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2025-04-13
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-04-13: gazette-dissolved-liquidation; 2025-01-13: liquidation-compulsory-return-final-meeting-court-scotland
Group structure
Eagle Couriers (Holdings) 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 |
|---|---|---|---|---|
Eagle Couriers (Holdings) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 07/12/2017 |
2 historic (ceased) PSCs
- Mr Kevin John Muirceased 07/12/2017· 75-100% shares · 75-100% voting · board control
- Mrs Lesley Muirceased 20/07/2017· 25-50% shares · 25-50% voting
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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| TIMBERBUSH TOURS LIMITED→ SC279983 · est 2005 | £8.60M £6.45M–£10.75M | — | — | 109 | 21y | 85 | 65y |
| EAGLE COURIERS (HOLDINGS) LIMITED→ SC292831 · est 2005 | £3.09M £2.32M–£3.86M | — | — | — | 20y | 87 | 61y |
| EAGLE COURIERS (SCOTLAND) LIMITED→ SC092113 · est 1985 | £3.09M £2.32M–£3.86M | — | — | 50 | 41y | 87 | 61y |
| A WILLIAMSON HAULAGE LIMITED→ SC306338 · est 2006 | — | — | £1.27M | — | 19y | 82 | 78y |
| A. JOHNSTONE HAULAGE LTD.→ SC283850 · est 2005 | — | — | £512.2k | — | 21y | 82 | 62y |
| ANDREW BLACK LIMITED→ SC224735 · est 2001 | — | — | £3.88M | — | 24y | 82 | 64y |
| BROUGHTON REMOVALS LIMITED→ SC181756 · est 1997 · no financials extracted | — | — | — | — | 28y | 82 | 83y |
| CHAUFFEUR DRIVE SCOTLAND LIMITED→ SC394052 · est 2011 | — | — | £231.3k | — | 15y | 82 | 65y |
| DEREK HEEPS LIMITED→ SC167126 · est 1996 | — | — | — | 3000 | 29y | 82 | 63y |
| DUNBAR REMOVALS AND STORAGE LTD.→ SC165409 · est 1996 | — | — | — | 13 | 30y | 82 | 71y |
| E & M HORSBURGH LIMITED→ SC205341 · est 2000 | — | — | — | — | 26y | 82 | 66y |
| GORDON CONNOR HAULAGE LIMITED→ SC260191 · est 2003 | — | — | — | 100 | 22y | 82 | 63y |
10 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 (0 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Bond & floating charge | 1 property | 21/06/2010 | 30/10/2017 |