FLIGHT SAFETY AND TRAINING SERVICES LTD

💤Zombieactive

SC618094 · ltd · incorporated 2019-01-14

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 Jun 2025

Net worth

£4.0k

book net assets

Opportunity

76/100

Strong

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What this business does

Primary activity: SIC 52230

Sector: Transportation & storage

Investor take

Pursue

Asset-holding vehicle with a 74-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 74). 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 (78/100)

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

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

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

15 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

76/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

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 · accounting standard not declared

Positive net assets

Net assets £3,980

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£4k

↑ 414% YoY

Current Assets

£843

↓ 83% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£14	£4.1k
Current assets	£843	£5.0k
Net assets	£4.0k	£774

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

Recent activity

Last 30 days

filings

Last 90 days

filings

• 1 accounts
• 1 confirmation-statement

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (10 events)Click to expand

2026-03-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-19
📄
change-account-reference-date-company-current-extended
accounts · AA01
2019-01-14
🏢
Company incorporated
As FLIGHT SAFETY AND TRAINING SERVICES LTD
2019-01-14
➕
RIXSON, Stephen Robert appointed
director
2019-01-14
📄
incorporation-company
incorporation · NEWINC

Owner dependency

95/100

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.
+Founder age: Director aged approximately 74 — succession pressure is live.
+No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

75/100

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 74 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 Stephen Robert Rixson Individual · British · DOB 05/1952 · age 74	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	14/01/2019

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Transport & logistics · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
FUTURE DELIVERIES LTD→ SC846060 · est 2025 · no financials extracted	—	—	—	—	—	—	—
G R MCLUSKEY & SON TRANSPORT LIMITED→ SC656697 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
JOATMOS-GAAG LIMITED→ SC327156 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
M LOGISTIC PERTH LTD→ SC845433 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
MCLAUGHLAN TRANSPORT (PERTH) LIMITED→ SC106138 · est 1987 · no financials extracted	—	—	—	—	38y	—	—
MILLS CONTRACTORS LIMITED→ SC277764 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
MJG LOGISTICS LTD→ SC846411 · est 2025 · no financials extracted	—	—	—	—	—	—	—
MUCK DOCKERS LTD→ SC880310 · est 2026 · no financials extracted	—	—	—	—	—	—	—
MUIRTON P.O. LTD→ SC797630 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
PERTH RADIO TAXIS (TRADING) LTD→ SC797636 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
R22 BT LIMITED→ SC473838 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
ROSSCO LOGISTICS LIMITED→ SC616133 · est 2018 · no financials extracted	—	—	—	—	7y	—	—

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.

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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.

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Company details

Statusactive

Typeltd

Incorporated2019-01-14

Jurisdictionscotland

Primary SIC52230 — SIC 52230

Registered office

16 Beechtree Place

Auchterarder

PH3 1JQ

United Kingdom

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2027-01-27

Last: 2026-01-13

Officers (1 active · 0 resigned)

RIXSON, Stephen Robert→

director · ~74y · appointed 2019-01-14

View their other companies + combined net worth →

Active

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