CAPERCAILLIE CRUISERS LIMITED

Company number SC245518 ·

Active

Executive summary

Capercaillie Cruisers Limited has experienced a sustained and concerning deterioration in financial position, with net assets declining by approximately 51% from £258,307 in 2019 to £127,088 in 2025—materially underperforming the broader UK tourism SME sector which saw post-pandemic recovery. The persistent net current liabilities, zero-employee operating model, and declining fixed asset base suggest the company occupies a sub-scale niche position within the Scottish waterway tourism market, potentially operating as a passive vessel holder rather than an active cruise operator. The PSC connection to Re-Union Canal Boats Ltd may provide some operational ecosystem benefits, but the structural liquidity vulnerability and ongoing value erosion present significant going concern considerations absent a reversal of trading performance or capital injection.

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Shareholders' funds

£127,088

Balance sheet as at 2025-03-31

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Overview

Company type
Private Limited Company
Incorporated
2003-03-12
Employees
0 (2025 accounts)
Registered office
Ty Hapus, Clerklands, Melrose, Scottish Borders, Scotland, TD6 9JR
Postcode
TD6 9JR
Capital
100 GBP
Accounts category
Micro
Charges
1 outstanding

Accounts

Last made up to
2026-03-31
Next due by
2027-12-31
Financial year end
31 March

Confirmation statement

Last statement dated
2026-02-07
Next due by
2027-02-21
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Nature of business (SIC)

  • 79909 Other reservation service activities not elsewhere classified

Officers 1 current · 11 resigned

MR Timothy FORD Director
Appointed 2009-03-31

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Group structure

Controlled by Re-Union Canal Boats Ltd (00265866) — since 2017-03-01

From persons-with-significant-control filings on the public register.

Previous registered addresses 5

AddressChanged on
15 VALLEYFIELD STREET, EDINBURGH, EH3 9LP, SCOTLAND2018-05-07
1 UNION PATH, EDINBURGH, EH3 9QB2015-09-17
RE-UNION CANAL CENTRE 1 UNION PATH, EDINBURGH, MIDLOTHIAN, EH3 9QD, SCOTLAND2014-04-15
30 WESTBURN GROVE, WESTER HAILES, EDINBURGH, MIDLOTHIAN, EH14 2SA2012-11-22
2 LANARK ROAD WEST, CURRIE, EDINBURGH, EH14 5ER2009-04-06

Among its peers

Top 10%

by shareholders' funds, of 22 similar companies in TD — measured against the wider sector

Among the oldest 25% of its local peers, trading since 2003.

The class of 2003

38%

of the 163,090 companies incorporated in 2003 are still active today; 59% have since been dissolved.

A fact about the year, not a forecast for this company.