XL TRAINING (SCOTLAND) LIMITED

💤Zombieactive
SC258761 · ltd · incorporated 2003-11-05
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2026
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Other education n.e.c.
Sector: Education
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 22.1y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 22.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (85/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

3 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£13k£26k£38k£51k£64kMar 2024Mar 2025Mar 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2026-03-312025-03-312024-03-31
Total assets—£56.3k£33.7k
Current assets—£41.4k£63.9k
Cash—£41.4k£63.9k
Debtors—£2£2
Net assets—£17.6k£4.2k
Average employees3——

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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-06-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-03-17
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2022-03-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2022-03-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  9. 2022-03-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2021-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-12-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-07-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2019-06-30
    ➖
    WOODROW, Bryan Robertson resigned
    director
  15. 2018-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-10-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2017-10-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2015-08-24
    🔓
    Charge satisfied #1
  19. 2005-12-22
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  20. 2004-09-07
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  21. 2004-05-24
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  22. 2003-11-05
    🏢
    Company incorporated
    As XL TRAINING (SCOTLAND) LIMITED
  23. 2003-11-05
    ➕
    RODGER, Anne appointed
    secretary
  24. 2003-11-05
    ➕
    RODGER, Anne appointed
    director
  25. 2003-11-05
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  26. 2003-11-05
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  27. 2003-11-05
    ➕
    WOODROW, Bryan Robertson appointed
    director
  28. 2003-11-05
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  29. 2003-11-05
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

93/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

Arbw Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Arbw Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
XL TRAINING (SCOTLAND) LIMITED
This company · SC258761

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%
NameSharesVoting rightsNature of controlNotified
Arbw Holdings Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016
2 historic (ceased) PSCs
  • Miss Anne Rodgerceased 06/04/2016· 25-50% shares · 25-50% voting · board control
  • Mr Bryan Robertson Woodrowceased 06/04/2016· 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.

🔒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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THE GLENCOE TRUST LIMITED→
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————24y8389y
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———130024y8270y
IMPACT TRAINING SOLUTIONS LTD.→
SC254646 · est 2003
——£967.8k—22y8269y
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——£237.5k—30y8269y
COUNTRYSIDE LEARNING SCOTLAND→
SC326213 · est 2007
———70018y8175y
RHET PERTH & KINROSS COUNTRYSIDE INITIATIVE→
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——£9.3k—22y8176y
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————15y8064y
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———10027y8066y
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——£6.6k—11y7960y
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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2003-11-05
Jurisdictionscotland
Primary SIC85590 — Other education n.e.c.

Registered office

Unit 7 Pitlochry Business Centre
Armoury Road
Pitlochry
PH16 5AP
Scotland

Filing status

Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2026-11-19
Last: 2025-11-05

Officers (2 active · 3 resigned)

RODGER, Anne→
secretary · appointed 2003-11-05
View their other companies + combined net worth →
Active
RODGER, Anne→
director · ~61y · appointed 2003-11-05
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2003-11-05 · resigned 2003-11-05
Resigned
WOODROW, Bryan Robertson→
director · ~73y · appointed 2003-11-05 · resigned 2019-06-30
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2003-11-05 · resigned 2003-11-05
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property22/12/2005—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/09/2004—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property24/05/200424/08/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (81 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-22
change-person-secretary-company-with-change-date
officers · CH03
2022-03-17
change-person-director-company-with-change-date
officers · CH01
2022-03-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-03-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-17
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-28