ASSOCIATION OF HACKNEY CARRIAGE DRIVERS OF THE CITY OF EDINBURGH CIC
🌿Early-stageactive
SC807931 · private-limited-guarant-nsc · incorporated 2024-04-22
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£2.7k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
ALSO REGISTERED FOR
- 96090Other service activities n.e.c.
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 76/100 (strong), bankability 70/100. 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 (65/100).
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
Confirmed no charges registered
85
Directors & officers
7 officers (6 active, 7 linked, 6 with DOB)
87
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £2,707
Key financials
1 year extracted from filed iXBRL accountsCash
£3k
Net Worth
£3k
Current Assets
£3k
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 |
|---|---|
| Total assets | £2.7k |
| Current assets | £2.7k |
| Cash | £2.7k |
| Net assets | £2.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Last 90 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
- 2026-04-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-07➕HORSBURGH, David appointeddirector
- 2024-05-07➕STALKER, Jamie, Jmr appointeddirector
- 2024-05-07➕WEBSTER, Steven Alexander appointeddirector
- 2024-04-25➖ROBERTSON, Kevin William resigneddirector
- 2024-04-22🏢Company incorporatedAs ASSOCIATION OF HACKNEY CARRIAGE DRIVERS OF THE CITY OF EDINBURGH CIC
- 2024-04-22➕MCCULLOCH, Robert William Graves appointedsecretary
- 2024-04-22➕MCCULLOCH, Robert William Graves appointeddirector
- 2024-04-22➕TOD, Richard Steven appointeddirector
- 2024-04-22➕ROBERTSON, Kevin William appointeddirector
- 2024-04-22📄incorporation-community-interest-companyincorporation · CICINC
Owner dependency
60/100
High — earn-out structure requiredMaterial 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.
- +Founder age: Director aged approximately 82 — succession pressure is live.
- +Young company: Only 2.1 years old — management layer unlikely to be developed.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Steven Tod Individual · British · DOB 12/1970 · age 56 | — | 25–50% | 25-50% voting | 22/04/2024 |
Robert William Graves Mcculloch Individual · British · DOB 02/1944 · age 82 | — | 25–50% | 25-50% voting | 22/04/2024 |
1 historic (ceased) PSC
- Mr Kevin William Robertsonceased 26/04/2024· 25-50% voting
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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| TIMBERBUSH TOURS LIMITED→ SC279983 · est 2005 | £8.60M £6.45M–£10.75M | — | — | 109 | 21y | 85 | 65y |
| EAGLE COURIERS (HOLDINGS) LIMITED→ SC292831 · est 2005 | £3.09M £2.32M–£3.86M | — | — | — | 20y | 87 | 61y |
| EAGLE COURIERS (SCOTLAND) LIMITED→ SC092113 · est 1985 | £3.09M £2.32M–£3.86M | — | — | 50 | 41y | 87 | 61y |
| A WILLIAMSON HAULAGE LIMITED→ SC306338 · est 2006 | — | — | £1.27M | — | 19y | 82 | 78y |
| A. JOHNSTONE HAULAGE LTD.→ SC283850 · est 2005 | — | — | £512.2k | — | 21y | 82 | 62y |
| ANDREW BLACK LIMITED→ SC224735 · est 2001 | — | — | £3.88M | — | 24y | 82 | 64y |
| BROUGHTON REMOVALS LIMITED→ SC181756 · est 1997 · no financials extracted | — | — | — | — | 28y | 82 | 83y |
| CHAUFFEUR DRIVE SCOTLAND LIMITED→ SC394052 · est 2011 | — | — | £231.3k | — | 15y | 82 | 65y |
| DEREK HEEPS LIMITED→ SC167126 · est 1996 | — | — | — | 3000 | 29y | 82 | 63y |
| DUNBAR REMOVALS AND STORAGE LTD.→ SC165409 · est 1996 | — | — | — | 13 | 30y | 82 | 71y |
| TIBS LOGISTICS LTD→ SC819555 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| WHITAKER MARITIME LTD→ SC377704 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Typeprivate-limited-guarant-nsc
Incorporated2024-04-22
Jurisdictionscotland
Primary SIC49320 — SIC 49320
Registered office
17 Swanston Gardens
Edinburgh
EH10 7DJ
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-23
Last: 2026-04-09
Officers (6 active · 1 resigned)
MCCULLOCH, Robert William Graves→
Activesecretary · appointed 2024-04-22
View their other companies + combined net worth →
HORSBURGH, David→
Activedirector · ~53y · appointed 2024-05-07
View their other companies + combined net worth →
MCCULLOCH, Robert William Graves→
Activedirector · ~82y · appointed 2024-04-22
View their other companies + combined net worth →
STALKER, Jamie, Jmr→
Activedirector · ~51y · appointed 2024-05-07
View their other companies + combined net worth →
TOD, Richard Steven→
Activedirector · ~56y · appointed 2024-04-22
View their other companies + combined net worth →
WEBSTER, Steven Alexander→
Activedirector · ~64y · appointed 2024-05-07
View their other companies + combined net worth →
ROBERTSON, Kevin William→
Resigneddirector · ~60y · appointed 2024-04-22 · resigned 2024-04-25
Click a director name to see their full track record across all companies.
Recent filings (9 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-09
appoint-person-director-company-with-name-date
officers · AP01
2024-05-21
appoint-person-director-company-with-name-date
officers · AP01
2024-05-17
appoint-person-director-company-with-name-date
officers · AP01
2024-05-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-17
termination-director-company-with-name-termination-date
officers · TM01
2024-05-08
incorporation-community-interest-company
incorporation · CICINC
2024-04-22