PROFESSIONAL DIVING ACADEMY LIMITED

🌳Matureactive
SC264798 · ltd · incorporated 2004-03-11
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 17.4y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£309.0k
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 71-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 17.4y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 17.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 3 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
67 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £309,007
Net assets shrinking
Down £136,083 YoY
Cash YoY
+80%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£147k
↑ 80% YoY
Net Worth
£309k
↓ 31% YoY
Current Assets
£911k
↑ 40% YoY
Current Liabilities
£0£182k£364k£546k£729k£911kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£318.2k£459.0k
Current assets£910.7k£648.3k
Cash£146.6k£81.4k
Debtors£708.9k£513.2k
Net assets£309.0k£445.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-10-04
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  4. 2024-10-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2024-09-01
    PETRO, Eilidh Ann appointed
    secretary
  6. 2024-09-01
    BAIRD, Alastair John resigned
    secretary
  7. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-09-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-08-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-03-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-11-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-03-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2010-06-18
    SMITH, David Russell resigned
    director
  19. 2008-11-26
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  20. 2004-12-31
    BAIRD, Alastair John appointed
    secretary
  21. 2004-12-31
    PAULL & WILLIAMSONS resigned
    corporate-secretary
  22. 2004-05-27
    BAIRD, Alastair John appointed
    director
  23. 2004-05-27
    BRANNAN, Thomas appointed
    director
  24. 2004-05-27
    P & W SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  25. 2004-05-27
    PAULL & WILLIAMSONS appointed
    corporate-secretary
  26. 2004-05-27
    SMITH, David Russell appointed
    director
  27. 2004-05-27
    P & W DIRECTORS LIMITED resigned
    corporate-nominee-director
  28. 2004-03-11
    🏢
    Company incorporated
    As PROFESSIONAL DIVING ACADEMY LIMITED
  29. 2004-03-11
    P & W SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  30. 2004-03-11
    P & W DIRECTORS LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Tom Brannan
Individual · Scottish · DOB 08/1955 · age 71
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Alastair John Baird
Individual · British · DOB 07/1962 · age 64
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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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
Incorporated2004-03-11
Jurisdictionscotland
Primary SIC85590 — Other education n.e.c.

Registered office

Unit 19, Highland Avenue
Sandbank Business Park
Dunoon
Argyll
PA23 8PB

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-25
Last: 2026-03-11

Officers (3 active · 5 resigned)

PETRO, Eilidh Ann
secretary · appointed 2024-09-01
View their other companies + combined net worth →
Active
BAIRD, Alastair John
director · ~64y · appointed 2004-05-27
View their other companies + combined net worth →
Active
BRANNAN, Thomas
director · ~71y · appointed 2004-05-27
View their other companies + combined net worth →
Active
BAIRD, Alastair John
secretary · appointed 2004-12-31 · resigned 2024-09-01
Resigned
P & W SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2004-03-11 · resigned 2004-05-27
Resigned
PAULL & WILLIAMSONS
corporate-secretary · appointed 2004-05-27 · resigned 2004-12-31
Resigned
SMITH, David Russell
director · ~70y · appointed 2004-05-27 · resigned 2010-06-18
Resigned
P & W DIRECTORS LIMITED
corporate-nominee-director · appointed 2004-03-11 · resigned 2004-05-27
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property26/11/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (67 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-25
accounts-with-accounts-type-small
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-05
appoint-person-secretary-company-with-name-date
officers · AP03
2024-10-04
termination-secretary-company-with-name-termination-date
officers · TM02
2024-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-25