BOTHY BIKES LIMITED

🌳Matureactive

SC251409 · ltd · incorporated 2003-06-19

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

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 47640

Sector: Wholesale & retail

Investor take

Pursue

Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (3 active, 4 linked, 2 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

52 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Average employees	2	200

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2025-12-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-03-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-11-20
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2018-03-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-03-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-07-08
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-03-25
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-07-15
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-03-24
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-07-29
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2003-06-19
🏢
Company incorporated
As BOTHY BIKES LIMITED
2003-06-19
➕
KEEGAN, Caroline appointed
secretary
2003-06-19
➕
KEEGAN, Caroline appointed
director
2003-06-19
➕
KEEGAN, David James appointed
director
2003-06-19
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2003-06-19
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary

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 23 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 62 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100

Likely off-market candidate

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
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 23 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 · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr David James Keegan Individual · Scottish · DOB 10/1964 · age 62	75–100%	—	board control75-100% shares · board control · firm interest	20/10/2018

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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AROOJ REHMAN LTD→ SC850504 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BALLINTAGGART RETAIL LIMITED→ SC869996 · est 2025 · no financials extracted	—	—	—	—	—	—	—
CALEDONIAN EXPORTS LIMITED→ SC838299 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
CHROVIES LTD→ SC785287 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
COLLECTIVE GOODS LTD→ SC849991 · est 2025 · no financials extracted	—	—	—	—	—	—	—
CRIEFF ROAD NEWSAGENT LTD→ SC577598 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
DAVID REID & SON LTD→ SC422694 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
DAVIDSONS FARM & COUNTRY LTD→ SC553306 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
DESIGN FLOOR STUDIO LIMITED→ SC272313 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
DG LINDSAY & SON LIMITED→ SC877040 · est 2026 · no financials extracted	—	—	—	—	—	—	—
DIAMOND SPORT RETAIL LIMITED→ SC660408 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
DON'T REST LIMITED→ SC650301 · est 2019 · no financials extracted	—	—	—	—	6y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2003-06-19

Jurisdictionscotland

Primary SIC47640 — SIC 47640

Registered office

Stormbreaker, Feshie Bridge

Kingussie

Inverness-Shire

PH21 1NG

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-06-20

Last: 2025-06-06

Officers (3 active · 1 resigned)

KEEGAN, Caroline→

secretary · appointed 2003-06-19

View their other companies + combined net worth →

Active

KEEGAN, Caroline→

director · ~62y · appointed 2003-06-19

View their other companies + combined net worth →

Active

KEEGAN, David James→

director · ~62y · appointed 2003-06-19

View their other companies + combined net worth →

Active

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2003-06-19 · resigned 2003-06-19

Resigned

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