LOCHEIL LOGISTICS LIMITED

🌳Matureactive

SC197635 · ltd · incorporated 1999-06-29

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.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 19.7y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2024

Net worth

£4.28M

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: SIC 38320

Sector: Water supply & waste

ALSO REGISTERED FOR

49410Freight transport by road

Investor take

Pursue

Active trading company with a 80-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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

1 live charge · oldest 19.7y

65/100

clean up first

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

· Oldest live charge is 19.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· 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, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

10 officers (6 active, 10 linked, 8 with DOB)

Ownership & PSC

0 active PSC(s) of 1 total, 1 with control declared

Director network

1 connected companies via shared directors

Filing history

88 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £4,281,314

Net assets shrinking

Down £226,802 YoY

Cash YoY

-14%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£1.0m

↓ 14% YoY

Net Worth

£4.3m

↓ 5.0% YoY

Current Assets

£2.0m

↓ 13% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-06-30	2023-06-30
Total assets	£5.57M	£5.90M
Current assets	£2.00M	£2.28M
Cash	£1.04M	£1.21M
Debtors	£917.6k	£1.06M
Net assets	£4.28M	£4.51M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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

• 4 officers

Last 90 days

filings

• 4 officers

Last 180 days

filings

• 4 officers

Counts from Companies House filing history.

Corporate timeline (33 events)Click to expand

2026-04-21
📄
change-person-secretary-company-with-change-date
officers · CH03
2026-04-21
📄
change-person-director-company-with-change-date
officers · CH01
2026-04-21
📄
change-person-director-company-with-change-date
officers · CH01
2026-04-21
📄
change-person-director-company-with-change-date
officers · CH01
2025-06-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-20
📄
legacy
miscellaneous · RP04CS01
2018-12-20
📄
legacy
miscellaneous · RP04CS01
2018-12-18
📄
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2018-12-18
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2018-09-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-07-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2017-10-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-02-29
➖
BOWMAN, Ewen Macdonald resigned
director
2006-08-09
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2005-10-10
➕
MACEACHEN, Gary appointed
director
2004-11-19
➕
BOWMAN, Ewen Macdonald appointed
director
2003-06-30
➕
BOWMAN, David Macdonald appointed
director
2003-06-30
➖
MACEACHEN, Gary resigned
director
2001-05-30
➕
MACEACHEN, Gary appointed
director
2001-04-30
➖
BOWMAN, Ewen Macdonald resigned
director
1999-07-01
➕
BOWMAN, Michael appointed
director
1999-06-29
🏢
Company incorporated
As LOCHEIL LOGISTICS LIMITED
1999-06-29
➕
BOYD, Jacqueline Margaret appointed
secretary
1999-06-29
➕
BOWMAN, Ann Macphee appointed
director
1999-06-29
➕
BOYD, Jacqueline Margaret appointed
director
1999-06-29
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
1999-06-29
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
1999-06-29
➕
BOWMAN, Ewen Macdonald appointed
director

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 80 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

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 80 years old. Natural succession window is now.
primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 27 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.)

🔒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.

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Company details

Statusactive

Typeltd

Incorporated1999-06-29

Jurisdictionscotland

Primary SIC38320 — SIC 38320

Registered office

5 Duisky

Fort William

Inverness Shire

PH33 7AW

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-06-30

Confirmation statement

Next due: 2026-09-29

Last: 2025-09-15