SHIEL BUSES LIMITED

🌳Matureactive

SC201989 · ltd · incorporated 1999-12-01

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

—

not disclosed

Net worth

—

book net assets

Opportunity

81/100

Exceptional

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What this business does

Primary activity: SIC 49390

Sector: Transportation & storage

Investor take

Pursue

Active trading company with a 84-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 84). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (57/100)

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

No iXBRL financials extracted

Lenders & charges

Confirmed no charges registered

Directors & officers

10 officers (6 active, 10 linked, 7 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

3 connected companies via shared directors

Filing history

96 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

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

Good data coverage for analysis.

Recent activity

Last 30 days

filings

• 6 officers
• 1 confirmation-statement

Last 90 days

filings

• 6 officers
• 1 confirmation-statement

Last 180 days

filings

• 6 officers
• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (35 events)Click to expand

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
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
2026-01-08
📄
accounts-with-accounts-type-full
accounts · AA
2025-05-01
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-05-01
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-01
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-15
📄
accounts-with-accounts-type-full
accounts · AA
2024-08-27
📄
change-person-director-company-with-change-date
officers · CH01
2024-08-27
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-01
📄
change-person-director-company-with-change-date
officers · CH01
2024-05-01
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-18
📄
capital-name-of-class-of-shares
capital · SH08
2024-03-25
📄
change-person-director-company-with-change-date
officers · CH01
2024-01-10
📄
accounts-with-accounts-type-full
accounts · AA
2023-01-11
📄
accounts-with-accounts-type-full
accounts · AA
2022-04-05
📄
accounts-with-accounts-type-full
accounts · AA
2005-04-01
➕
MACGILLIVRAY, Carolyn appointed
director
2005-04-01
➕
MACGILLIVRAY, Maria appointed
director
2005-03-31
➖
MACGILLIVRAY, Alistair resigned
director
2005-03-31
➖
MACGILLIVRAY, Marjory resigned
director
2004-09-01
➕
MACINNES MACGILLIVRAY, David appointed
director
1999-12-20
➕
MACGILLIVRAY, Donald appointed
secretary
1999-12-20
➕
MACGILLIVRAY, Cecilia appointed
director
1999-12-20
➕
MACGILLIVRAY, Donald appointed
director
1999-12-20
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
1999-12-20
➕
MACGILLIVRAY, Alistair appointed
director
1999-12-20
➕
MACGILLIVRAY, Marjory appointed
director
1999-12-20
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director
1999-12-01
🏢
Company incorporated
As SHIEL BUSES LIMITED
1999-12-01
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
1999-12-01
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-nominee-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 26 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 84 — 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 84 years old. Natural succession window is now.
primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 26 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.)

Group structure

Blain Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Blain Holdings Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

SHIEL BUSES LIMITED

This company · SC201989

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Blain Holdings Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	28/11/2024

2 historic (ceased) PSCs

Mr David Macinnes Macgillivrayceased 28/11/2024· 25-50% shares · 25-50% voting
Mr Donald Macgillivrayceased 28/11/2024· significant influence

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 · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
PERTH RADIO TAXIS LIMITED→ SC396523 · est 2011	—	—	—	1700	15y	83	59y
A N CAMERON LIMITED→ SC217279 · est 2001	—	—	£51.6k	—	25y	82	80y
CLYDEBOYD FORT WILLIAM LIMITED→ SC207392 · est 2000	—	—	—	4	25y	82	72y
FERGUSON FREIGHT HOLDINGS LIMITED→ SC317804 · est 2007 · no financials extracted	—	—	—	—	19y	82	65y
K.S. MANDERS INTERNATIONAL TRANSPORT LTD.→ SC233359 · est 2002	—	—	—	1	23y	82	65y
FUTURE DELIVERIES LTD→ SC846060 · est 2025 · no financials extracted	—	—	—	—	—	—	—
JOATMOS-GAAG LIMITED→ SC327156 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
M LOGISTIC PERTH LTD→ SC845433 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
MILLS CONTRACTORS LIMITED→ SC277764 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
MUCK DOCKERS LTD→ SC880310 · est 2026 · no financials extracted	—	—	—	—	—	—	—
PERTH RADIO TAXIS (TRADING) LTD→ SC797636 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
SCOTT OF PERTH LTD→ SC568575 · est 2017 · no financials extracted	—	—	—	—	8y	—	—

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

Incorporated1999-12-01

Jurisdictionscotland

Primary SIC49390 — SIC 49390

Registered office

Blain Garage

Acharacle

Argyll

PH36 4JY

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-05-01

Last: 2026-04-17