THE WATER SPORTS ACADEMY LTD
🌱Startupactive
SC820889 · ltd · incorporated 2024-08-28
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
£1
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Sports and recreation education
Sector: Education
ALSO REGISTERED FOR
- 93110Operation of sports facilities
- 93199Other sports activities
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 65/100. 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 (58/100).
Data confidence
Overall: medium (69/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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
5 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£1
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-31 |
|---|---|
| Total assets | £1 |
| Net assets | £1 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
- 2026-01-16📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-09-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-08-28🏢Company incorporatedAs THE WATER SPORTS ACADEMY LTD
- 2024-08-28➕ARMSTRONG, Lee appointeddirector
- 2024-08-28➕NG, Jennifer Cheun Loi appointeddirector
- 2024-08-28📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
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.
- +Young company: Only 1.7 years old — management layer unlikely to be developed.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- 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 |
|---|---|---|---|---|
Mrs Jennifer Cheun Loi Ng Individual · British · DOB 04/1981 · age 45 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 28/08/2024 |
Mr Lee Armstrong Individual · British · DOB 12/1982 · age 44 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 28/08/2024 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Education & training · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FRIENDS OF PORTENCROSS CASTLE→ SC186097 · est 1998 | — | — | £83.5k | — | 27y | 83 | 79y |
| GALLOWAY TRAINING LIMITED→ SC121428 · est 1989 · no financials extracted | — | — | — | — | 36y | 83 | 79y |
| MINDSTORE INTERNATIONAL LIMITED→ SC270146 · est 2004 | — | — | £1.16M | — | 21y | 82 | 71y |
| RAINBOW COTTAGE NURSERY LIMITED→ SC282206 · est 2005 | — | — | — | 30 | 21y | 82 | 78y |
| PROGRESSIVE TOUCHES FA LTD→ SC877977 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| SHOWWORKS THEATRE C.I.C.→ SC637077 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| THE FOXYBADGER LIMITED→ SC426263 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| THE LITTLE ART SCHOOL COMPANY LIMITED→ SC467167 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| THE LITTLE ART SCHOOL GLASGOW LIMITED→ SC526953 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| THE MUSIC ROOM (AYRSHIRE) LTD→ SC831611 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| THE YELLOW BRICK ROAD GROUP LTD→ SC562882 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| THE YOUNG PROGRAMME LIMITED→ SC282589 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
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See pricing →Company details
Statusactive
Typeltd
Incorporated2024-08-28
Jurisdictionscotland
Primary SIC85510 — Sports and recreation education
Registered office
Butlers Cottage
Rowallan
Kilmarnock
Scotland
KA3 2LW
United Kingdom
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-08-29
Last: 2025-08-15
Officers (2 active · 0 resigned)
ARMSTRONG, Lee→
Activedirector · ~44y · appointed 2024-08-28
View their other companies + combined net worth →
NG, Jennifer Cheun Loi→
Activedirector · ~45y · appointed 2024-08-28
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (5 total)
change-person-director-company-with-change-date
officers · CH01
2026-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-15
incorporation-company
incorporation · NEWINC
2024-08-28