LMS TRAINING LTD
🌿Early-stageactive
SC750975 · ltd · incorporated 2022-11-21
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£3.8k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 84120
Sector: Public administration
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 76/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £3,823
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£4k
↑ 112% YoY
Current Assets
£10k
↑ 18% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £4.7k | £2.7k |
| Current assets | £9.9k | £8.4k |
| Net assets | £3.8k | £1.8k |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
- 2025-07-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-05-23➕SZWAGRZYK, Michal appointeddirector
- 2023-05-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-19✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-11-21🏢Company incorporatedAs LMS TRAINING LTD
- 2022-11-21➕MITCHELL, Lorna appointeddirector
- 2022-11-21📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michal Szwagrzyk Individual · Polish · DOB 09/1978 · age 48 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 22/08/2023 |
Mrs Lorna Mitchell Individual · British · DOB 04/1963 · age 63 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 21/11/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Other · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALLRIG LIMITED→ SC443569 · est 2013 | — | — | — | 300 | 13y | 87 | 50y |
| HARVEST MINISTRIES LIMITED→ SC390765 · est 2010 · no financials extracted | — | — | — | — | 15y | 83 | 78y |
| THE BANFFSHIRE PARTNERSHIP LTD.→ SC201922 · est 1999 · no financials extracted | — | — | — | — | 26y | 83 | 74y |
| ABERDEEN LIFE CENTRE LTD→ SC399756 · est 2011 | — | — | £90.4k | — | 15y | 82 | 59y |
| FORBLAST LIMITED→ SC111830 · est 1988 · no financials extracted | — | — | — | — | 37y | 82 | 75y |
| G.F. FARQUHAR (FARMS) LIMITED→ SC250857 · est 2003 | — | — | £132.6k | — | 22y | 82 | 69y |
| GRAMPIAN SCAFFOLDING (HOLDINGS) LIMITED→ SC126534 · est 1990 | — | — | £30.6k | — | 35y | 82 | 76y |
| M. FERRAR & SONS (GLASGOW) LIMITED→ SC036274 · est 1961 · no financials extracted | — | — | — | — | 65y | 82 | 86y |
| ROADS PROJECT→ SC263629 · est 2004 | — | — | £302.2k | — | 22y | 82 | 80y |
| SCORE TURBINES LIMITED→ SC279851 · est 2005 · no financials extracted | — | — | — | — | 21y | 82 | 70y |
| ABERDEEN SEAFARERS CENTRE LIMITED→ SC348752 · est 2008 · no financials extracted | — | — | — | — | 17y | 81 | 79y |
| FETTERANGUS COMMUNITY ASSOCIATION→ SC342994 · est 2008 · no financials extracted | — | — | — | — | 18y | 81 | 66y |
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
Incorporated2022-11-21
Jurisdictionscotland
Primary SIC84120 — SIC 84120
Registered office
Crodna
Plaidy
Turriff
AB53 5RJ
Scotland
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-09-08
Last: 2025-08-25
Officers (2 active · 0 resigned)
MITCHELL, Lorna→
Activedirector · ~63y · appointed 2022-11-21
View their other companies + combined net worth →
SZWAGRZYK, Michal→
Activedirector · ~48y · appointed 2023-05-23
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (12 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-08-22
appoint-person-director-company-with-name-date
officers · AP01
2023-05-23
certificate-change-of-name-company
change-of-name · CERTNM
2023-01-19
incorporation-company
incorporation · NEWINC
2022-11-21