NEIL'S SEAPLANES LIMITED

💤Zombieactive

SC264342 · ltd · incorporated 2004-03-03

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£-4.8k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Other education n.e.c.

Sector: Education

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 1 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

49 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £4,757

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£5k

~ YoY

Current Assets

£864

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-03-31	2024-03-31
Total assets	£-4.0k	£-4.0k
Current assets	£864	£864
Net assets	£-4.8k	£-4.8k

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

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2025-11-12
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-12-10
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-12-06
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-12-08
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-12-15
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-03-02
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-12-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-10-02
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-11-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-12-19
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-31
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-18
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-03-18
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-19
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-03-04
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2004-03-03
🏢
Company incorporated
As NEIL'S SEAPLANES LIMITED
2004-03-03
➕
GREGORY, Ellen Mclean appointed
secretary
2004-03-03
➕
GREGORY, Stuart Neil appointed
director
2004-03-03
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2004-03-03
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2004-03-03
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2004-03-03
➖
STEPHEN MABBOTT LTD. 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 22 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

95/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 22 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Stuart Neil Gregory Individual · British · DOB 02/1962 · age 64	75–100%	—	75-100% shares	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 · Education & training · FK postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
FAR NORTH RETREATS LTD→ SC784222 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
GLOW BABY GLOW SENSORY LTD→ SC866187 · est 2025 · no financials extracted	—	—	—	—	—	—	—
HILLVIEW ANIMAL PARK LTD→ SC736655 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
INTUITION SCOT MATHS LTD→ SC777486 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
JUTACOS LIMITED→ SC829223 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
LEARN IN DUNFERMLINE LTD→ SC482838 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
LOVE FOOTBALL COACHING LTD→ SC878115 · est 2026 · no financials extracted	—	—	—	—	—	—	—
NJP CONSULTANCY AND TRAINING LTD.→ SC300888 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
ONDATA RESEARCH LTD→ SC621169 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
PAUSE AND BREATHE CIC→ SC668323 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
POSITIVE QUALITIES LTD→ SC292427 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
POWERING FUTURES ENTERPRISE LTD→ SC759331 · est 2023 · no financials extracted	—	—	—	—	3y	—	—

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

Incorporated2004-03-03

Jurisdictionscotland

Primary SIC85590 — Other education n.e.c.

Registered office

10-12 Airthrey Road

Causewayhead

Stirling

FK9 5JR

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-17

Last: 2026-03-03

Officers (2 active · 2 resigned)

GREGORY, Ellen Mclean→

secretary · appointed 2004-03-03

View their other companies + combined net worth →

Active

GREGORY, Stuart Neil→

director · ~64y · appointed 2004-03-03

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2004-03-03 · resigned 2004-03-03

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2004-03-03 · resigned 2004-03-03

Resigned

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