SPLENDOUR BOAT TRIPS LTD
💤Zombieactive
SC715378 · ltd · incorporated 2021-11-18
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£269.8k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Tour operator activities
Sector: Administrative & support services
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 72/100 (strong), 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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
4 live charges · oldest 4.1y
35/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.1 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £269,761
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£270k
↑ 9.0% YoY
Current Assets
£191k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £269.8k | £248.7k |
| Current assets | £191.2k | £191.5k |
| Net assets | £269.8k | £247.5k |
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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2025-12-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-30📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-24📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2023-03-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-24🔒Charge registered #4Lender: Argyll Cruising LLP
- 2023-02-24🔒Charge registered #3Lender: Argyll Cruising LLP
- 2022-10-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-13🔒Charge registered #2Lender: Argyll Cruising LLP
- 2022-04-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-30🔒Charge registered #1Lender: Argyll Cruising LLP
- 2021-11-18🏢Company incorporatedAs SPLENDOUR BOAT TRIPS LTD
- 2021-11-18➕CREEK, Edward Lindsay appointeddirector
- 2021-11-18📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Edward Lindsay Creek Individual · British · DOB 10/1989 · age 37 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 18/11/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| LIVE ARGYLL→ SC569568 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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| SAILING NOONMARK VI LTD→ SC835555 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| SAVAGE PERSONAL COACHING LTD→ SC821810 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SPÒGAN LUATH THIRIODH CIC→ SC859993 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SPRINGBURN SUN LIMITED→ SC479938 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| SRC CAR CLUB LIMITED→ SC341329 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| ST. MIRREN FITNESS CENTRE LTD.→ SC293991 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ST. MIRREN FOOTBALL CLUB LTD. (THE)→ SC005773 · est 1905 · no financials extracted | — | — | — | — | 121y | — | — |
| STAGE HIRE SCOTLAND LTD.→ SC337290 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| STEPHEN MCALLISTER GOLF LTD.→ SC294181 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2021-11-18
Jurisdictionscotland
Primary SIC79120 — Tour operator activities
Registered office
Fairwinds
Tighnabruaich
Tighnabruaich
PA21 2EB
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17
Officers (1 active · 0 resigned)
CREEK, Edward Lindsay→
Activedirector · ~37y · appointed 2021-11-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Argyll Cruising Argyll Cruising LLP | A registered charge | — | 24/02/2023 | — | |
| outstanding | Argyll Cruising Argyll Cruising LLP | A registered charge | — | 24/02/2023 | — | |
| outstanding | Argyll Cruising Argyll Cruising LLP | A registered charge | 1 property | 13/10/2022 | — | |
| outstanding | Argyll Cruising Argyll Cruising LLP | A registered charge | — | 30/03/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (15 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-30
change-person-director-company-with-change-date
officers · CH01
2023-11-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-15
change-account-reference-date-company-previous-extended
accounts · AA01
2023-07-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-10-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-04-14
incorporation-company
incorporation · NEWINC
2021-11-18