ABERTAY INTERNATIONAL TRAINING LIMITED

💤Zombieactive
SC508923 · ltd · incorporated 2015-06-22
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 Dec 2024
Net worth
£53.9k
book net assets
Opportunity
66/100
Strong
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What this business does
Primary activity: Other education n.e.c.
Sector: Education
Investor take
Special-situation opportunity
Distressed education with salvageable qualities — special-situations priority.

Opportunity 66/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 8.4y

45/100
under pressure

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

  • · Oldest live charge is 8.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £53,889

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£54k
↑ 38% YoY
Current Assets
£51k
↑ 156% YoY
Current Liabilities
—
£0£11k£22k£32k£43k£54kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£68.7k£63.9k
Current assets£50.5k£19.7k
Net assets£53.9k£38.9k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-29
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  3. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-06-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-12-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2017-12-22
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  13. 2017-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-06-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2016-09-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2016-08-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2016-07-15
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  18. 2015-06-22
    🏢
    Company incorporated
    As ABERTAY INTERNATIONAL TRAINING LIMITED
  19. 2015-06-22
    ➕
    HORSBURGH, Paul appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-14

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Paul Horsburgh
Individual · British · DOB 06/1969 · age 57
75–100%
—75-100% shares06/04/2016

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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——£309.0k—22y8271y
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————36y8168y
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——£0—42y8187y
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————28y8182y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2015-06-22
Jurisdictionscotland
Primary SIC85590 — Other education n.e.c.

Registered office

53 Moss Street
Paisley
PA1 1DR
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-04-14OVERDUE
Last: 2025-03-31

Officers (1 active · 0 resigned)

HORSBURGH, Paul→
director · ~57y · appointed 2015-06-22
View their other companies + combined net worth →
Active

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
National Westminster Bank
National Westminster Bank PLC
A registered charge—22/12/2017—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (26 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-27
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-30