D & E COACHES LIMITED
🌳Matureactive
SC256333 · ltd · incorporated 2003-09-20
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 22.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£4.01M
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: SIC 49319
Sector: Transportation & storage
ALSO REGISTERED FOR
- 49390SIC 49390
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 65/100. 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 (58/100).
🏦
Refinance opportunity
8 live charges · 2 lenders · oldest 22.4y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 22.4 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (70/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
14 officers (2 active, 14 linked, 9 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
117 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £4,006,099
Key financials
1 year extracted from filed iXBRL accountsCash
£6k
Net Worth
£4.0m
Current Assets
£1.8m
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 |
|---|---|
| Total assets | £7.81M |
| Current assets | £1.83M |
| Cash | £5.8k |
| Debtors | £1.16M |
| Net assets | £4.01M |
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
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (57 events)Click to expand
- 2025-12-29📄accounts-with-accounts-type-mediumaccounts · AA
- 2025-02-11📄memorandum-articlesincorporation · MA
- 2025-02-11📄resolutionresolution · RESOLUTIONS
- 2025-02-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-02-10📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-02-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-10📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-02-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-31➕GUNN, Allan appointeddirector
- 2025-01-31➕MACLEOD, Malcolm appointeddirector
- 2025-01-31➖MACLENNAN, Stuart Robert resignedsecretary
- 2025-01-31➖MACLENNAN, Stuart Robert resigneddirector
- 2025-01-31➖MATHIESON, Donald Neil resigneddirector
- 2025-01-31➖MATHIESON, Elizabeth Sandra resigneddirector
- 2025-01-31➖MCEWAN, Gayle Louise resigneddirector
- 2025-01-31➖NICHOLSON, Amy resigneddirector
- 2025-01-22📄accounts-with-accounts-type-fullaccounts · AA
- 2024-10-01📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2024-04-03📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2024-03-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-25➖MATHIESON, Bryan Donald resigneddirector
- 2023-11-22📄accounts-with-accounts-type-fullaccounts · AA
- 2022-11-14📄accounts-with-accounts-type-fullaccounts · AA
- 2019-04-25🔒Charge registered #8Lender: Clydesdale Bank PLC
- 2019-04-25🔒Charge registered #7Lender: Clydesdale Bank PLC
- 2019-04-25🔒Charge registered #6Lender: Clydesdale Bank PLC
- 2019-04-25🔒Charge registered #5Lender: Clydesdale Bank PLC
- 2019-04-25🔒Charge registered #4Lender: Clydesdale Bank PLC
- 2018-07-19➕MATHIESON, Bryan Donald appointeddirector
- 2017-04-17➖MATHIESON, Bryan Donald resigneddirector
- 2016-10-04➕MACLENNAN, Stuart Robert appointeddirector
- 2015-08-10➖KENNEDY, Gayle Louise resignedsecretary
- 2015-08-10➕MACLENNAN, Stuart Robert appointedsecretary
- 2015-08-10➕MATHIESON, Bryan Donald appointeddirector
- 2015-08-10➕MCEWAN, Gayle Louise appointeddirector
- 2015-08-10➕NICHOLSON, Amy appointeddirector
- 2011-11-28🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2009-12-03🔓Charge satisfied #1
- 2009-05-16🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2008-09-09➕KENNEDY, Gayle Louise appointedsecretary
- 2008-09-09➖MATHIESON, Donald Neil resignedsecretary
- 2003-12-03🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2003-09-20🏢Company incorporatedAs D & E COACHES LIMITED
Showing most recent 50 of 57 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 low7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
The Highland Council is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
The Highland Council
Corporate parent · holds 75-100% shares · board control
⬇
D & E COACHES LIMITED
This company · SC256333
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 |
|---|---|---|---|---|
The Highland Council Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/01/2025 |
2 historic (ceased) PSCs
- Mr Donald Neil Mathiesonceased 31/01/2025· 25-50% shares · 25-50% voting
- Elizabeth Sandra Mathiesonceased 31/01/2025· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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
Incorporated2003-09-20
Jurisdictionscotland
Primary SIC49319 — SIC 49319
Registered office
39 Henderson Drive
Inverness
Highland
IV1 1TR
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-07
Last: 2025-11-23
Officers (2 active · 12 resigned)
Active
MACLEOD, Malcolm→
Activedirector · ~55y · appointed 2025-01-31
View their other companies + combined net worth →
KENNEDY, Gayle Louise→
Resignedsecretary · appointed 2008-09-09 · resigned 2015-08-10
MACLENNAN, Stuart Robert→
Resignedsecretary · appointed 2015-08-10 · resigned 2025-01-31
MATHIESON, Donald Neil→
Resignedsecretary · appointed 2003-09-20 · resigned 2008-09-09
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2003-09-20 · resigned 2003-09-20
MACLENNAN, Stuart Robert→
Resigneddirector · ~51y · appointed 2016-10-04 · resigned 2025-01-31
MATHIESON, Bryan Donald→
Resigneddirector · ~44y · appointed 2018-07-19 · resigned 2024-03-25
MATHIESON, Bryan Donald→
Resigneddirector · ~44y · appointed 2015-08-10 · resigned 2017-04-17
MATHIESON, Donald Neil→
Resigneddirector · ~68y · appointed 2003-09-20 · resigned 2025-01-31
MATHIESON, Elizabeth Sandra→
Resigneddirector · ~61y · appointed 2003-09-20 · resigned 2025-01-31
MCEWAN, Gayle Louise→
Resigneddirector · ~47y · appointed 2015-08-10 · resigned 2025-01-31
NICHOLSON, Amy→
Resigneddirector · ~31y · appointed 2015-08-10 · resigned 2025-01-31
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2003-09-20 · resigned 2003-09-20
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
7
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 25/04/2019 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 25/04/2019 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 25/04/2019 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 25/04/2019 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 25/04/2019 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 28/11/2011 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 16/05/2009 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 03/12/2003 | 03/12/2009 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (117 total)
accounts-with-accounts-type-medium
accounts · AA
2025-12-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-08
memorandum-articles
incorporation · MA
2025-02-11
resolution
resolution · RESOLUTIONS
2025-02-11
appoint-person-director-company-with-name-date
officers · AP01
2025-02-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-02-10
change-account-reference-date-company-current-extended
accounts · AA01
2025-02-10
termination-director-company-with-name-termination-date
officers · TM01
2025-02-10
termination-director-company-with-name-termination-date
officers · TM01
2025-02-10
termination-director-company-with-name-termination-date
officers · TM01
2025-02-10
termination-director-company-with-name-termination-date
officers · TM01
2025-02-10
termination-director-company-with-name-termination-date
officers · TM01
2025-02-10
termination-secretary-company-with-name-termination-date
officers · TM02
2025-02-10
appoint-person-director-company-with-name-date
officers · AP01
2025-02-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-10