GO EXPLORE (SCOTLAND) LIMITED

💤Zombieactive
SC593975 · ltd · incorporated 2018-04-10
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
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
year to Mar 2025
Net worth
£438.9k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Renting and leasing of cars and light motor vehicles
Sector: Administrative & support services
ALSO REGISTERED FOR
  • 77120Renting and leasing of trucks and other heavy vehicles
Investor take
Pursue
Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (60/100, director aged 72). 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

2 live charges · 2 lenders · oldest 6.6y

30/100
under pressure

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

  • · Oldest live charge is 6.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
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 £438,935
Net assets shrinking
Down £39,044 YoY
Cash draining
Cash down 72% YoY
Cash YoY
-72%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£45k
↓ 72% YoY
Net Worth
£439k
↓ 8.2% YoY
Current Assets
£133k
↓ 56% YoY
Current Liabilities
£0£96k£191k£287k£382k£478kMar 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£1.92M£1.95M
Current assets£133.2k£303.0k
Cash£44.7k£161.0k
Debtors£50.2k£106.0k
Net assets£438.9k£478.0k

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
0
filings
Last 180 days
4
filings
  • 1 accounts
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-03-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-02-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-11-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-11-07
    🔒
    Charge registered #2
    Lender: Close Brothers Limited
  6. 2025-04-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-02-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-05-26
    CAMPBELL, James Mossman, The Estate Of resigned
    director
  10. 2024-04-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2024-04-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2023-12-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2022-10-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2022-09-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2022-09-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2022-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2022-02-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2022-02-16
    🔓
    Charge satisfied #1
  19. 2021-01-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2020-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2020-12-11
    TIMMINS, William Allan appointed
    director
  22. 2020-06-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2020-06-05
    TIMMINS, Susan Mary resigned
    director
  24. 2020-06-05
    TIMMINS, William Allan resigned
    director
  25. 2019-12-23
    🔒
    Charge registered #1
    Lender: James Mossman Campbell
  26. 2019-03-01
    TIMMINS, William Allan appointed
    director
  27. 2018-05-10
    TIMMINS, Susan Mary appointed
    director
  28. 2018-04-10
    🏢
    Company incorporated
    As GO EXPLORE (SCOTLAND) LIMITED
  29. 2018-04-10
    CAMPBELL, James Mossman, The Estate Of appointed
    director

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr William Allan Timmins
Individual · British · DOB 05/1954 · age 72
5075%
50–75%50-75% shares · 50-75% voting29/04/2019
1 historic (ceased) PSC
  • The Estate Of James Mossman Campbellceased 26/05/2024· 25-50% shares · 25-50% 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 →

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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
Incorporated2018-04-10
Jurisdictionscotland
Primary SIC77110 — Renting and leasing of cars and light motor vehicles

Registered office

253 Blairtummock Road
Glasgow
G33 4ED

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23

Officers (1 active · 3 resigned)

TIMMINS, William Allan
director · ~72y · appointed 2020-12-11
View their other companies + combined net worth →
Active
CAMPBELL, James Mossman, The Estate Of
director · ~83y · appointed 2018-04-10 · resigned 2024-05-26
Resigned
TIMMINS, Susan Mary
director · ~73y · appointed 2018-05-10 · resigned 2020-06-05
Resigned
TIMMINS, William Allan
director · ~72y · appointed 2019-03-01 · resigned 2020-06-05
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Close Brothers
Close Brothers Limited
A registered charge07/11/2025
satisfied
James Mossman Campbell / Thomasina Fynes Campbell
A registered charge1 property23/12/201916/02/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (35 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-24
change-person-director-company-with-change-date
officers · CH01
2026-03-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-23
termination-director-company-with-name-termination-date
officers · TM01
2025-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-09
change-person-director-company-with-change-date
officers · CH01
2024-04-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-10