LEAPS AND BOUNDS ACTIVITIES (LBA) LIMITED

💤Zombieactive

SC477720 · ltd · incorporated 2014-05-15

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

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Other education n.e.c.

Sector: Education

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. 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).

🏦

Refinance opportunity

1 live charge · oldest 8.9y

45/100

under pressure

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

· Oldest live charge is 8.9 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

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

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

30 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS

Metric	2025-03-31	2024-03-31
Average employees	2200	2200

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 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (20 events)Click to expand

2026-03-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-30
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-30
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-02
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2021-06-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-25
📄
gazette-notice-compulsory
gazette · GAZ1
2019-09-23
📄
mortgage-satisfy-charge-full
mortgage · MR04
2019-09-23
🔓
Charge satisfied #1
2019-09-05
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-07-20
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2017-12-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-06-15
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2017-06-12
🔒
Charge registered #1
Lender: Bank of Scotland PLC
2016-07-14
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-05-15
🏢
Company incorporated
As LEAPS AND BOUNDS ACTIVITIES (LBA) LIMITED
2014-05-15
➕
GLASGOW, Jacqueline appointed
director

Owner dependency

88/100

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.
+Senior director age: Director aged approximately 60 — approaching natural succession window.
+No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

68/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 12 years.
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

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

🏛️

Devon Designs Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

LEAPS AND BOUNDS ACTIVITIES (LBA) LIMITED

This company · SC477720

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%

Name	Shares	Voting rights	Nature of control	Notified
Devon Designs Limited Corporate entity	75–100%	—	75-100% shares	31/03/2024

1 historic (ceased) PSC

Miss Jacqueline Glasgowceased 31/03/2024· 75-100% shares

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 · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ARGYLE BRIDGE LIMITED→ SC277898 · est 2005	—	—	£73.6k	—	21y	83	67y
C.T.T.S. (MANAGEMENT) LIMITED→ SC273935 · est 2004	—	—	—	900	21y	83	64y
COLINTON NURSERIES LIMITED→ SC245941 · est 2003	—	—	—	2100	23y	83	75y
EARLY DAYS NURSERY LIMITED→ SC199638 · est 1999	—	—	£123.3k	—	26y	83	79y
LITTLE MONKEYS LIMITED→ SC219838 · est 2001	—	—	—	113	24y	83	61y
THE LEITH SCHOOL OF ART→ SC111089 · est 1988 · no financials extracted	—	—	—	—	38y	83	76y
TRAINING FOR CARE→ SC100529 · est 1986	—	—	—	9	39y	83	77y
CABER ENTERPRISES LIMITED→ SC207157 · est 2000	—	—	—	2	26y	82	59y
CALEDONIAN BUSINESS CENTRES LTD.→ SC150783 · est 1994	—	—	£461.8k	—	32y	82	70y
DALRY 183 LTD→ SC224473 · est 2001	—	—	£13.1k	—	24y	82	68y
FIRST ADVENTURES LIMITED→ SC260386 · est 2003	—	—	£1.20M	—	22y	82	74y
HEADSTART NURSERY SCHOOLS LIMITED→ SC319219 · est 2007	—	—	—	—	19y	82	61y

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

Incorporated2014-05-15

Jurisdictionscotland

Primary SIC85590 — Other education n.e.c.

Registered office

56a Drum Brae North

Edinburgh

EH4 8AZ

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-05-29

Last: 2025-05-15

Officers (1 active · 0 resigned)

GLASGOW, Jacqueline→

director · ~60y · appointed 2014-05-15

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	satisfied	Lloyds Banking Group Bank of Scotland PLC	A registered charge	—	12/06/2017	23/09/2019

Recent filings (30 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-03-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-05-27

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-12-31

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2024-10-30

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2024-10-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-06-26

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-12-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-05-15

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-10-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-05-17

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-12-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-06-02

gazette-filings-brought-up-to-date

gazette · DISS40

2021-06-02

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-06-01

gazette-notice-compulsory

gazette · GAZ1

2021-05-25