PAUL SOUTAR TAXIS LIMITED

🏛️Establishedactive
SC560048 · ltd · incorporated 2017-03-09
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£-796
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100).

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
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £796

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£796
↓ 33% YoY
Current Assets
£51k
~ YoY
Current Liabilities
-£796£10k£20k£30k£40k£51kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£-796£-598
Current assets£50.7k£50.5k
Net assets£-796£-598

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (25 events)Click to expand
  1. 2025-05-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-05-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-06-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-06-22
    📄
    accounts-amended-with-accounts-type-dormant
    accounts · AAMD
  6. 2021-04-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2021-04-23
    FRASER, Lance appointed
    director
  8. 2021-04-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2020-08-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2020-08-06
    FRASER, Lance resigned
    director
  11. 2020-04-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2019-07-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2018-11-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2018-11-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2018-11-09
    FRASER, Lance appointed
    director
  16. 2018-06-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2018-03-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2018-03-12
    SOUTAR, Gillian appointed
    director
  19. 2017-05-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2017-05-30
    WHELAN, Robert resigned
    director
  21. 2017-03-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2017-03-22
    WHELAN, Robert appointed
    director
  23. 2017-03-09
    🏢
    Company incorporated
    As PAUL SOUTAR TAXIS LIMITED
  24. 2017-03-09
    SOUTAR, Paul appointed
    director
  25. 2017-03-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder name in company name: Company name contains director surname "SOUTAR" — strong identity link between founder and business.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-22

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Paul Soutar
Individual · British · DOB 07/1973 · age 53
75100%
75–100%board control75-100% shares · 75-100% voting · board control09/03/2017

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2017-03-09
Jurisdictionscotland
Primary SIC49320 — SIC 49320

Registered office

34 Sandhaven Gardens
Broughty Ferry
Dundee
DD5 1RJ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-22OVERDUE
Last: 2025-03-08

Officers (3 active · 2 resigned)

FRASER, Lance
director · ~56y · appointed 2021-04-23
View their other companies + combined net worth →
Active
SOUTAR, Gillian
director · ~56y · appointed 2018-03-12
View their other companies + combined net worth →
Active
SOUTAR, Paul
director · ~53y · appointed 2017-03-09
View their other companies + combined net worth →
Active
FRASER, Lance
director · ~56y · appointed 2018-11-09 · resigned 2020-08-06
Resigned
WHELAN, Robert
director · ~77y · appointed 2017-03-22 · resigned 2017-05-30
Resigned

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

Recent filings (25 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-08
accounts-amended-with-accounts-type-dormant
accounts · AAMD
2021-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-11
appoint-person-director-company-with-name-date
officers · AP01
2021-04-28
accounts-with-accounts-type-dormant
accounts · AA
2021-04-13
termination-director-company-with-name-termination-date
officers · TM01
2020-08-13
accounts-with-accounts-type-dormant
accounts · AA
2020-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-09