C.T.T.S. (MANAGEMENT) LIMITED

🌳Matureactive
SC273935 · ltd · incorporated 2004-09-27
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 10.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
—
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Driving school activities
Sector: Education
Investor take
Pursue
Active trading company with a 64-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 64). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 10.2y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 10.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Average employees9001000

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
2
filings
  • • 2 mortgage
Last 180 days
2
filings
  • • 2 mortgage
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-04-21
    📄
    mortgage-charge-whole-cease-and-release-with-charge-number
    mortgage · MR05
  2. 2026-04-21
    📄
    mortgage-charge-whole-cease-and-release-with-charge-number
    mortgage · MR05
  3. 2025-06-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-06-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-09-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-09-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-06-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-06-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-06-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-09-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2018-09-11
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2018-09-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2018-07-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-06-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2016-11-25
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  18. 2016-03-08
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 2004-09-27
    🏢
    Company incorporated
    As C.T.T.S. (MANAGEMENT) LIMITED
  20. 2004-09-27
    ➕
    GILLAN, James Watson appointed
    secretary
  21. 2004-09-27
    ➕
    GILLAN, James Watson appointed
    director
  22. 2004-09-27
    ➕
    MCEWEN, James appointed
    director
  23. 2004-09-27
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  24. 2004-09-27
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  25. 2004-09-27
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  26. 2004-09-27
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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 James Watson Gillan
Individual · British · DOB 02/1962 · age 64
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr James Mcewen
Individual · British · DOB 03/1963 · age 63
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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ARGYLE BRIDGE LIMITED→
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———210023y8375y
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——£123.3k—26y8379y
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———11324y8361y
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————38y8376y
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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
Incorporated2004-09-27
Jurisdictionscotland
Primary SIC85530 — Driving school activities

Registered office

33a Inchmuir Road
Whitehill Industrial Estate
Bathgate
West Lothian
EH48 2EP

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-11
Last: 2025-09-27

Officers (3 active · 2 resigned)

GILLAN, James Watson→
secretary · appointed 2004-09-27
View their other companies + combined net worth →
Active
GILLAN, James Watson→
director · ~64y · appointed 2004-09-27
View their other companies + combined net worth →
Active
MCEWEN, James→
director · ~63y · appointed 2004-09-27
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2004-09-27 · resigned 2004-09-27
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2004-09-27 · resigned 2004-09-27
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property25/11/2016—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—08/03/2016—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (63 total)

mortgage-charge-whole-cease-and-release-with-charge-number
mortgage · MR05
2026-04-21
mortgage-charge-whole-cease-and-release-with-charge-number
mortgage · MR05
2026-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-30