INVERNESS CITY TAXIS LIMITED

🌳Matureactive
SC213434 · ltd · incorporated 2000-12-04
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 Mar 2025
Net worth
£-41.4k
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £41,357
Cash YoY
+665%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£7k
↑ 665% YoY
Net Worth
-£41k
↓ 5.9% YoY
Current Assets
£11k
↑ 51% YoY
Current Liabilities
—
-£41k-£31k-£21k-£10k£205£11kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£-35.6k£-34.8k
Current assets£10.6k£7.0k
Cash£7.2k£939
Debtors£3.4k£6.1k
Net assets£-41.4k£-39.1k

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 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-12-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-04-19
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  12. 2016-09-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2016-02-25
    ➕
    FRASER, John Murdo appointed
    director
  14. 2016-02-25
    📄
    capital-allotment-shares
    capital · SH01
  15. 2016-02-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2016-01-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2009-08-28
    ➖
    MACDONALD, Robert resigned
    secretary
  18. 2002-11-01
    ➕
    CLARK, Kevin Walter appointed
    director
  19. 2002-11-01
    ➖
    DICK, Angela resigned
    secretary
  20. 2002-11-01
    ➕
    MACDONALD, Robert appointed
    secretary
  21. 2002-11-01
    ➖
    DICK, Angus resigned
    director
  22. 2000-12-04
    🏢
    Company incorporated
    As INVERNESS CITY TAXIS LIMITED
  23. 2000-12-04
    ➕
    DICK, Angela appointed
    secretary
  24. 2000-12-04
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  25. 2000-12-04
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  26. 2000-12-04
    ➕
    DICK, Angus appointed
    director

Owner dependency

83/100
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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

96/100
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 72 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr John Murdo Fraser
Individual · British · DOB 09/1963 · age 63
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Kevin Walter Clark
Individual · British · DOB 12/1954 · age 72
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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
Incorporated2000-12-04
Jurisdictionscotland
Primary SIC49320 — SIC 49320

Registered office

Unit 2 7 Canal Road
Inverness
IV3 8NF
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-10
Last: 2025-10-27

Officers (2 active · 4 resigned)

CLARK, Kevin Walter→
director · ~72y · appointed 2002-11-01
View their other companies + combined net worth →
Active
FRASER, John Murdo→
director · ~63y · appointed 2016-02-25
View their other companies + combined net worth →
Active
DICK, Angela→
secretary · appointed 2000-12-04 · resigned 2002-11-01
Resigned
MACDONALD, Robert→
secretary · appointed 2002-11-01 · resigned 2009-08-28
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2000-12-04 · resigned 2000-12-04
Resigned
DICK, Angus→
director · ~66y · appointed 2000-12-04 · resigned 2002-11-01
Resigned

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

Recent filings (61 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-11
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-17