OBAN EXPRESS PARCEL SERVICE LIMITED
⚰️Wound downdissolved
SC423291 · ltd · incorporated 2012-05-02
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
55/100
Worth a look
What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 55/100 (worth a look), bankability 72/100. Strong seller-intent signal (60/100, director aged 59). 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 (73/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 13.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 13.7 years old — likely at or near maturity.
- · 3 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
12 officers (2 active, 12 linked, 8 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (56 events)Click to expand
- 2020-03-24📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2020-03-24🏁Company dissolved
- 2020-01-11📄dissolution-voluntary-strike-off-suspendeddissolution · SOAS(A)
- 2019-12-17📄gazette-notice-voluntarygazette · GAZ1(A)
- 2019-12-10📄dissolution-application-strike-off-companydissolution · DS01
- 2019-11-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-11-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-11-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-11-23🔓Charge satisfied #4
- 2019-11-23🔓Charge satisfied #3
- 2019-11-23🔓Charge satisfied #2
- 2019-11-15📄legacycapital · SH20
- 2019-11-15📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2019-11-15⚠️legacyinsolvency · CAP-SS
- 2019-11-15📄resolutionresolution · RESOLUTIONS
- 2019-09-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-05-20📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2019-04-11📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2019-04-11📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2019-04-11📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2019-04-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-04-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-03-28🔒Charge registered #4Lender: The Royal Bank of Scotland (As Senior Security Agent)
- 2019-03-28🔒Charge registered #3Lender: The Royal Bank of Scotland (As Senior Security Agent)
- 2018-09-24📄resolutionresolution · RESOLUTIONS
- 2018-09-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-09-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-09-11📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2018-09-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-09-04➕MICHAEL, Gregory John appointeddirector
- 2018-09-04➖GEDDES, John Frances Alexander resignedsecretary
- 2018-09-04➖CASSIE, Mark Stephen resigneddirector
- 2018-09-04🔒Charge registered #2Lender: Endless LLP
- 2018-06-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-08-05➖BLACK, Forsyth Rutherford resigneddirector
- 2016-08-05➕CASSIE, Mark Stephen appointeddirector
- 2016-01-06🔓Charge satisfied #1
- 2015-11-26➕MCCOURT, Paul Raymond Patrick appointeddirector
- 2015-11-26➕GEDDES, John Frances Alexander appointedsecretary
- 2015-11-26➖PARROTT, Lorraine resignedsecretary
- 2015-11-26➕BLACK, Forsyth Rutherford appointeddirector
- 2015-11-26➖OWENS, Clinton Walker resigneddirector
- 2015-11-26➖PARROTT, Lorraine resigneddirector
- 2015-11-26➖SOMERVILLE, Louise resigneddirector
- 2012-10-02🔒Charge registered #1Lender: Rbs Invoice Finance Limited
- 2012-08-31➕PARROTT, Lorraine appointedsecretary
- 2012-08-31➖SHELF SECRETARY LIMITED resignedcorporate-secretary
- 2012-08-31➖BEVERIDGE, David Brannigan resigneddirector
- 2012-08-31➕OWENS, Clinton Walker appointeddirector
- 2012-08-31➕PARROTT, Lorraine appointeddirector
Showing most recent 50 of 56 events
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.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
51/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2020-03-24
1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2019-11-15: legacy
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Menzies Distribution Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Menzies Distribution Limited
Corporate parent · holds 75-100% shares · board control
⬇
OBAN EXPRESS PARCEL SERVICE LIMITED
This company · SC423291
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 |
|---|---|---|---|---|
Menzies Distribution Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 · 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 |
| RATHO COACHES LIMITED→ SC216681 · est 2001 | £2.23M £1.67M–£2.79M | — | — | — | 25y | 82 | 66y |
| 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 |
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
Statusdissolved
Typeltd
Incorporated2012-05-02
Jurisdictionscotland
Primary SIC49410 — Freight transport by road
Registered office
2 Lochside Avenue
Edinburgh Park
Edinburgh
Scotland
EH12 9DJ
Scotland
Filing status
Accounts
Next due: —
Last made up to: 2018-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 10 resigned)
MCCOURT, Paul Raymond Patrick→
Activedirector · ~51y · appointed 2015-11-26
View their other companies + combined net worth →
MICHAEL, Gregory John→
Activedirector · ~59y · appointed 2018-09-04
View their other companies + combined net worth →
GEDDES, John Frances Alexander→
Resignedsecretary · appointed 2015-11-26 · resigned 2018-09-04
PARROTT, Lorraine→
Resignedsecretary · appointed 2012-08-31 · resigned 2015-11-26
SHELF SECRETARY LIMITED→
Resignedcorporate-secretary · appointed 2012-05-02 · resigned 2012-08-31
BEVERIDGE, David Brannigan→
Resigneddirector · ~52y · appointed 2012-05-02 · resigned 2012-08-31
BLACK, Forsyth Rutherford→
Resigneddirector · ~57y · appointed 2015-11-26 · resigned 2016-08-05
CASSIE, Mark Stephen→
Resigneddirector · ~62y · appointed 2016-08-05 · resigned 2018-09-04
OWENS, Clinton Walker→
Resigneddirector · ~65y · appointed 2012-08-31 · resigned 2015-11-26
PARROTT, Lorraine→
Resigneddirector · ~69y · appointed 2012-08-31 · resigned 2015-11-26
SOMERVILLE, Louise→
Resigneddirector · ~63y · appointed 2012-08-31 · resigned 2015-11-26
SHELF DIRECTOR LIMITED→
Resignedcorporate-director · appointed 2012-05-02 · resigned 2012-08-31
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland (As Senior Security Agent) | A registered charge | 1 property | 28/03/2019 | 23/11/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland (As Senior Security Agent) | A registered charge | 1 property | 28/03/2019 | 23/11/2019 | |
| satisfied | Endless Endless LLP | A registered charge | 1 property | 04/09/2018 | 23/11/2019 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | Floating charge | 1 property | 02/10/2012 | 06/01/2016 |
Recent filings (65 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2020-03-24
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2020-01-11
gazette-notice-voluntary
gazette · GAZ1(A)
2019-12-17
dissolution-application-strike-off-company
dissolution · DS01
2019-12-10
mortgage-satisfy-charge-full
mortgage · MR04
2019-11-23
mortgage-satisfy-charge-full
mortgage · MR04
2019-11-23
mortgage-satisfy-charge-full
mortgage · MR04
2019-11-23
legacy
capital · SH20
2019-11-15
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2019-11-15
legacy
insolvency · CAP-SS
2019-11-15
resolution
resolution · RESOLUTIONS
2019-11-15
accounts-with-accounts-type-dormant
accounts · AA
2019-09-25
second-filing-of-director-appointment-with-name
officers · RP04AP01
2019-05-20
confirmation-statement-with-updates
confirmation-statement · CS01
2019-05-18
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2019-04-11