LOVE TRAVEL ADVENTURES LTD
🏛️Establishedactive
SC686393 · ltd · incorporated 2021-01-19
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 Jan 2025
Net worth
£-6.1k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Travel agency activities
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (78/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £6,118
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£6k
↑ 62% YoY
Current Assets
£7k
↑ 7278% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £-1.7k | £-5.8k |
| Current assets | £6.7k | £91 |
| Net assets | £-6.1k | £-16.2k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
- 2025-10-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-05-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-01-19🏢Company incorporatedAs LOVE TRAVEL ADVENTURES LTD
- 2021-01-19➕BONES, Craig appointeddirector
- 2021-01-19➕BONES, Heather appointeddirector
- 2021-01-19📄incorporation-companyincorporation · NEWINC
Owner dependency
79/100
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 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Heather Bones Individual · British · DOB 02/1966 · age 60 | 25–50% | — | 25-50% shares | 07/05/2021 |
Mr Craig Bones Individual · British · DOB 07/1967 · age 59 | 25–50% | — | 25-50% shares | 19/01/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Leisure & entertainment · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LINDSAY ENTERPRISES SCOTLAND LIMITED→ SC480555 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| PAULA OBRIEN LTD→ SC707006 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| PEQUEÑOS TESOROS EN ESCOCIA LIMITED→ SC683300 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| PITTENWEEM TENNIS CLUB LTD→ SC551716 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| PRESTIGE GOLF TRAVEL LTD→ SC839083 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| R&A CHAMPIONSHIPS LIMITED→ SC247047 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ROWEN EVENTS LTD→ SC600596 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| SCOTTISH DARTS ASSOCIATION→ SC105949 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| SCOTTISH GOLF CHARITABLE TRUST LIMITED→ SC457520 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| SCUBA ADDICTS LIMITED→ SC504534 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| SCUNNERED INK LIMITED→ SC767372 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SHIELD SPORTS ACADEMY LTD→ SC854777 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2021-01-19
Jurisdictionscotland
Primary SIC79110 — Travel agency activities
Registered office
2 Pitlethie Road
Leuchars
St. Andrews
Fife
KY16 0EZ
Scotland
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-07-02
Last: 2025-06-18
Officers (2 active · 0 resigned)
BONES, Craig→
Activedirector · ~59y · appointed 2021-01-19
View their other companies + combined net worth →
BONES, Heather→
Activedirector · ~60y · appointed 2021-01-19
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (12 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-19
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-05-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-05-07
incorporation-company
incorporation · NEWINC
2021-01-19