COOLER AIR SERVICES LIMITED

🌳Matureactive
SC080543 · ltd · incorporated 1982-10-25
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 38.9y old — refinance window within 12 months
🔒Estimated value
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Turnover
year to Oct 2024
Net worth
£1.24M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 35300
Sector: Electricity, gas & energy
Investor take
Pursue
Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 38.9y

50/100
clean up first

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

  • · Oldest live charge is 38.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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
6 officers (3 active, 6 linked, 4 with DOB)
83
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
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 · FRS 105 (micro)
Positive net assets
Net assets £1,243,349

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£1.2m
~ YoY
Current Assets
£591k
↓ 16% YoY
Current Liabilities
£0£249k£497k£746k£995k£1.2mOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-10-312023-10-31
Total assets£1.25M£1.25M
Current assets£590.9k£704.7k
Net assets£1.24M£1.24M

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-05-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-03-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-05-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-05-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-03-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-03-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2019-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-03-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-04-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2016-04-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2016-04-12
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2016-02-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-04-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2001-11-01
    SAVOURY, Daniel Howard appointed
    secretary
  17. 2001-10-31
    SAVOURY, Eve resigned
    secretary
  18. 2001-10-31
    SAVOURY, Eve resigned
    director
  19. 2001-10-31
    SAVOURY, Frank Howard resigned
    director
  20. 1997-06-16
    SAVOURY, Daniel Howard appointed
    director
  21. 1995-11-24
    🔓
    Charge satisfied #1
  22. 1995-11-03
    🔒
    Charge registered #4
    Lender: Clydesdale Bank Public Limited Company
  23. 1995-09-27
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  24. 1994-02-08
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  25. 1987-06-11
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  26. 1982-10-25
    🏢
    Company incorporated
    As COOLER AIR SERVICES LIMITED

Owner dependency

84/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 43 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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 Gavin Miles Savoury
Individual · British · DOB 11/1963 · age 63
2550%
25-50% shares28/02/2017

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 →
🔒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
Incorporated1982-10-25
Jurisdictionscotland
Primary SIC35300 — SIC 35300

Registered office

Unit 2-11 Borrowmeadow Road
Springkerse Industrial Estate
Stirling
FK7 7UW

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14

Officers (3 active · 3 resigned)

SAVOURY, Daniel Howard
secretary · appointed 2001-11-01
View their other companies + combined net worth →
Active
SAVOURY, Daniel Howard
director · ~53y · appointed 1997-06-16
View their other companies + combined net worth →
Active
SAVOURY, Gavin Miles
director · ~63y
View their other companies + combined net worth →
Active
SAVOURY, Eve
secretary · resigned 2001-10-31
Resigned
SAVOURY, Eve
director · ~86y · resigned 2001-10-31
Resigned
SAVOURY, Frank Howard
director · ~86y · resigned 2001-10-31
Resigned

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

Mortgages & charges

4
Total charges
3
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property03/11/1995
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property27/09/1995
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property08/02/1994
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property11/06/198724/11/1995
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (96 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-24
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-20
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-03-29