D A TRAVEL LTD
- · Oldest live charge 15.1y old — refinance window within 12 months
Opportunity 78/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 15.1y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 15.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £1.66M | — |
| Current assets | £762.9k | — |
| Cash | £665.9k | — |
| Debtors | £96.9k | — |
| Net assets | £1.09M | — |
| Average employees | — | 2100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 persons-with-significant-control
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 1 confirmation-statement
Corporate timeline (30 events)Click to expand
- 2026-02-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-15➖NICOLSON SECRETARIAL SERVICES LTD resignedcorporate-secretary
- 2024-08-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-08-15📄change-person-director-company-with-change-dateofficers · CH01
- 2024-08-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-12-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-01-18🔓Charge satisfied #1
- 2021-11-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-09-22📄change-person-director-company-with-change-dateofficers · CH01
- 2021-09-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-09-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-15➖MACINNES, Morag resigneddirector
- 2016-03-11➕AITKEN, John Ewen appointeddirector
- 2016-03-11➕MACINNES, Morag appointeddirector
- 2011-03-21🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2010-10-27➖MCKELL, Angela resigneddirector
- 2006-03-10🏢Company incorporatedAs D A TRAVEL LTD
- 2006-03-10➕AITKEN, Duncan Alexander appointeddirector
- 2006-03-10➕NICOLSON SECRETARIAL SERVICES LTD appointedcorporate-secretary
- 2006-03-10➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2006-03-10➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2006-03-10➕MCKELL, Angela appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 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
cleanGroup structure
Aitken & Aitken Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Aitken & Aitken Holdings Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 15/12/2018 |
Mr John Ewen Aitken Individual · British · DOB 10/1979 · age 47 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mr Duncan Aitken Individual · British · DOB 09/1980 · age 46 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Ms Morag Macinnesceased 28/02/2020· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| HEBRIDES HAULAGE LIMITED→ SC155933 · est 1995 | — | — | £1.54M | — | 31y | 81 | 64y |
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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 →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
Registered office
Filing status
Officers (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 21/03/2011 | 18/01/2022 |