AIR CHARTER SCOTLAND LIMITED

🌳Matureactive

SC303971 · ltd · incorporated 2006-06-14

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 19.5y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£574.2k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: SIC 51102

Sector: Transportation & storage

Investor take

Pursue

Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 19.5y

70/100

ready

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

· Oldest live charge is 19.5 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

10 officers (6 active, 10 linked, 8 with DOB)

Ownership & PSC

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

Director network

17 connected companies via shared directors

Filing history

66 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

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

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £574,204

Net assets shrinking

Down £30,740 YoY

Cash YoY

+2%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£2.1m

↑ 2.2% YoY

Net Worth

£574k

↓ 5.1% YoY

Current Assets

£5.2m

↓ 18% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£635.6k	£678.4k
Current assets	£5.17M	£6.27M
Cash	£2.09M	£2.04M
Debtors	£2.98M	£4.22M
Net assets	£574.2k	£604.9k

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

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (34 events)Click to expand

2025-09-01
📄
accounts-with-accounts-type-medium
accounts · AA
2024-08-21
📄
accounts-with-accounts-type-full
accounts · AA
2023-10-03
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-03
🔓
Charge satisfied #2
2023-09-20
📄
accounts-with-accounts-type-full
accounts · AA
2023-06-28
📄
change-person-director-company-with-change-date
officers · CH01
2022-11-18
📄
accounts-with-accounts-type-full
accounts · AA
2021-11-10
📄
accounts-with-accounts-type-full
accounts · AA
2021-10-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-10-01
➕
THOMSON, Derek Andrew appointed
director
2020-11-20
📄
accounts-with-accounts-type-full
accounts · AA
2020-08-28
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-08-12
🔒
Charge registered #2
Lender: Bank of Scotland PLC
2019-08-16
📄
accounts-with-accounts-type-full
accounts · AA
2018-09-21
📄
accounts-with-accounts-type-small
accounts · AA
2017-07-28
📄
accounts-with-accounts-type-small
accounts · AA
2017-06-27
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2016-10-07
➖
THOMSON, Derek Andrew resigned
director
2016-10-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2015-09-01
➕
PUREWAL, Jasmine appointed
director
2014-05-03
🔓
Charge satisfied #1
2013-06-25
➕
MCFARLANE, Elisabeth appointed
director
2007-09-01
➕
THOMSON, Derek Andrew appointed
director
2006-10-27
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2006-06-26
➕
BISSET, Alexander Melville appointed
secretary
2006-06-26
➕
BISSET, Alexander Melville appointed
director
2006-06-26
➕
MCFARLANE, George Edward appointed
director
2006-06-26
➖
GLEN, Jeremy Stewart resigned
nominee-secretary
2006-06-26
➖
DUNN, Alastair Kenneth resigned
nominee-director
2006-06-26
➖
GLEN, Jeremy Stewart resigned
nominee-director
2006-06-14
🏢
Company incorporated
As AIR CHARTER SCOTLAND LIMITED
2006-06-14
➕
GLEN, Jeremy Stewart appointed
nominee-secretary
2006-06-14
➕
DUNN, Alastair Kenneth appointed
nominee-director
2006-06-14
➕
GLEN, Jeremy Stewart appointed
nominee-director

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 65 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
secondary12+ year tenure: Director in role 20 years.
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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Air Charter Scotland Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Air Charter Scotland Holdings Ltd

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

AIR CHARTER SCOTLAND LIMITED

This company · SC303971

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
Air Charter Scotland Holdings Ltd Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

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 →

Similar companies

Active · Transport & logistics · G postcode area

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A MUSAFIR LTD→ SC882889 · est 2026 · no financials extracted	—	—	—	—	—	—	—
A&J WILSON LTD→ SC616175 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ACACIA COACHES LTD→ SC551888 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
ACCENTRIC FREIGHTS LTD→ SC557627 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
ALEXANDRIA STORAGE CONTAINERS LTD→ SC880370 · est 2026 · no financials extracted	—	—	—	—	—	—	—
AMMG LOGISTICS LIMITED→ SC871111 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ANGLIA RAIL HOLDINGS LIMITED→ SC501525 · est 2015 · no financials extracted	—	—	—	—	11y	—	—
ANTON COACHES LTD.→ SC404440 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
APPSGO LTD→ SC574331 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
ARCO LOGISTICS LTD→ SC861088 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ARCT TRANSPORT LTD.→ SC289885 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
ARMOUR TRANSPORT SOLUTIONS LIMITED→ SC864075 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2006-06-14

Jurisdictionscotland

Primary SIC51102 — SIC 51102

Registered office

3 Colvilles Place, Kelvin Industrial Estate

East Kilbride

Glasgow

G75 0PZ

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-03-31

Last: 2026-03-17