DC TRANSPORT SERVICES LTD

⚰️Wound downliquidation

SC606909 · ltd · incorporated 2018-08-31

Investment thesis

Company liquidation — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 6.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jul 2022

Net worth

£1.5k

book net assets

Opportunity

33/100

Pass

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What this business does

Primary activity: Freight transport by road

Sector: Transportation & storage

Investor take

Special-situation opportunity

Distressed transport with salvageable qualities — special-situations priority.

Opportunity 33/100 (pass), bankability 20/100. 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: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 6.8y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 6.8 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· 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.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

4 officers (1 active, 4 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

25 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

33/100Pass

PassWatchWorth a lookStrongExceptional

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Some acquirability indicators.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £1,478

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

£1k

Current Assets

£251k

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2022-07-31
Total assets	£64.9k
Current assets	£251.4k
Net assets	£1.5k

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

filings

Last 90 days

filing

• 1 insolvency

Last 180 days

filing

• 1 insolvency

Counts from Companies House filing history.

Corporate timeline (31 events)Click to expand

2026-05-06
⚠️
liquidation-compulsory-return-final-meeting-court-scotland
insolvency · WU15(Scot)
2024-01-29
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-25
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-22
⚠️
liquidation-compulsory-notice-winding-up-order-court-scotland
insolvency · WU01(Scot)
2023-10-23
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2023-10-02
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-02
🔓
Charge satisfied #1
2023-09-05
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-30
🔒
Charge registered #2
Lender: Bibby Factors Scotland Limited
2023-04-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-10-15
➖
SMITH, Rachel Margaret resigned
director
2022-09-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-09-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-09-01
➕
SMITH, Colin David appointed
director
2022-08-31
➖
NICOL, Angela Hamilton resigned
director
2022-08-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-08-20
➕
NICOL, Angela Hamilton appointed
director
2022-08-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-08-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-08-01
➖
SMITH, Colin David resigned
director
2022-08-01
➕
SMITH, Rachel Margaret appointed
director
2022-04-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-29
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2020-09-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-02
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-08-28
🔒
Charge registered #1
Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
2018-08-31
🏢
Company incorporated
As DC TRANSPORT SERVICES LTD
2018-08-31
➕
SMITH, Colin David appointed
director
2018-08-31
📄
incorporation-company
incorporation · NEWINC

Owner dependency

75/100

High — earn-out structure required

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

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

4 high ·

Accounts overdue

high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2024-06-30

Confirmation statement overdue

high

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

Evidence: Next due: 2024-09-13

Company in liquidation

high

Company is actively being wound up. Not a going concern.

2 insolvency-related filings on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-05-06: liquidation-compulsory-return-final-meeting-court-scotland; 2024-01-22: liquidation-compulsory-notice-winding-up-order-court-scotland

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Colin David Smith Individual · Scottish · DOB 06/1979 · age 47	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	31/08/2018
Derek Nicol Individual · Scottish · DOB 09/1985 · age 41	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	31/08/2018

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 · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CARNTYNE TRANSPORT COMPANY LIMITED→ SC032077 · est 1957	£18.37M £13.78M–£22.96M	—	—	342	69y	88	89y
STEDER GROUP (UK) LIMITED→ SC514277 · est 2015	£13.09M £9.82M–£16.37M	—	—	64	10y	85	59y
TBR GLOBAL LIMITED→ SC466687 · est 2014	£7.53M £5.65M–£9.42M	—	—	23	12y	83	63y
ACCIDON'T LIMITED→ SC196265 · est 1999	£1.85M £1.38M–£2.31M	—	—	8	27y	82	61y
AIR CHARTER SCOTLAND LIMITED→ SC303971 · est 2006	—	—	£574.2k	—	19y	83	65y
B & G CONTRACTS LIMITED→ SC254571 · est 2003	—	—	£600.0k	—	22y	83	71y
GARELOCHHEAD MINIBUSES & COACHES LTD.→ SC203633 · est 2000	—	—	—	3400	26y	83	60y
ABBEY COACHES LTD.→ SC215576 · est 2001	—	—	—	2200	25y	82	73y
ALBATRANS (UK) LIMITED→ SC250946 · est 2003	—	—	£3.84M	—	22y	82	69y
ALEXANDER MARITIME LTD.→ SC276276 · est 2004	—	—	£3.8k	—	21y	82	71y
AMS SCOTLAND LIMITED→ SC312105 · est 2006	—	—	—	1100	19y	82	78y
AVIATION WEST LIMITED→ SC130129 · est 1991	—	—	£74.5k	—	35y	82	73y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

12 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

Statusliquidation

Typeltd

Incorporated2018-08-31

Jurisdictionscotland

Primary SIC49410 — Freight transport by road

Registered office

Frp Advisory Trading

176 St Vincent Street

Glasgow

G2 5SG

Filing status

Accounts

Next due: 2024-06-30OVERDUE

Last made up to: 2022-07-31

Confirmation statement

Next due: 2024-09-13OVERDUE

Last: 2023-08-30

Officers (1 active · 3 resigned)

SMITH, Colin David→

director · ~47y · appointed 2022-09-01

View their other companies + combined net worth →

Active

NICOL, Angela Hamilton→

director · ~50y · appointed 2022-08-20 · resigned 2022-08-31

Resigned

SMITH, Colin David→

director · ~47y · appointed 2018-08-31 · resigned 2022-08-01

Resigned

SMITH, Rachel Margaret→

director · ~45y · appointed 2022-08-01 · resigned 2022-10-15

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Bibby Financial Services Bibby Factors Scotland Limited	A registered charge	—	30/08/2023	—
	satisfied	Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)	A registered charge	—	28/08/2019	02/10/2023

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (25 total)

liquidation-compulsory-return-final-meeting-court-scotland

insolvency · WU15(Scot)

2026-05-06

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2024-01-29

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2024-01-25

liquidation-compulsory-notice-winding-up-order-court-scotland

insolvency · WU01(Scot)

2024-01-22

change-account-reference-date-company-previous-extended

accounts · AA01

2023-10-23

mortgage-satisfy-charge-full

mortgage · MR04

2023-10-02

confirmation-statement-with-updates

confirmation-statement · CS01

2023-09-05

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2023-09-05

accounts-with-accounts-type-micro-entity

accounts · AA

2023-04-17

termination-director-company-with-name-termination-date

officers · TM01

2022-10-25

confirmation-statement-with-updates

confirmation-statement · CS01

2022-10-13

appoint-person-director-company-with-name-date

officers · AP01

2022-09-04

termination-director-company-with-name-termination-date

officers · TM01

2022-09-04

appoint-person-director-company-with-name-date

officers · AP01

2022-08-24

termination-director-company-with-name-termination-date

officers · TM01

2022-08-12