OPTIMAL STUDENT (ABERDEEN CITY) LLP
💤Zombieactive
SO307331 · llp · incorporated 2021-07-30
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 Jul 2024
Net worth
£8.51M
book net assets
Opportunity
60/100
Worth a look
Investor take
Worth a lookActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 60/100 (worth a look), bankability 52/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
10 live charges · 6 lenders · oldest 4.2y
5/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.2 years — mid-life; refi window approaching.
- · 6 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, no SIC, incorporation date
80
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
63
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £8,507,815
Cash draining
Cash down 79% YoY
Cash YoY
-79%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
↓ 79% YoY
Net Worth
£8.5m
Current Assets
£1.8m
↓ 17% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-07-31 | 2023-07-31 |
|---|---|---|
| Total assets | £18.43M | — |
| Current assets | £1.78M | £2.16M |
| Cash | £3.4k | £15.9k |
| Debtors | £1.78M | £2.14M |
| Net assets | £8.51M | — |
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
4
filings
- • 4 mortgage
Last 180 days
5
filings
- • 5 mortgage
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
- 2026-03-09📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2026-03-06🔒Charge registered #10Lender: Gfs 1 LTD
- 2026-02-23📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2026-02-23📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2026-02-23📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2026-02-20🔒Charge registered #9Lender: Gfs 1 LTD
- 2026-02-20🔒Charge registered #8Lender: Gfs 1 LTD
- 2026-02-20🔒Charge registered #7Lender: Gfs 1 LTD
- 2025-12-22📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2025-12-22🔓Charge satisfied #4
- 2025-08-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-08-13📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-08-12📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2025-07-08📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2025-06-24📄gazette-notice-compulsorygazette · GAZ1
- 2025-05-13📍change-registered-office-address-limited-liability-partnership-with-date-old-address-new-addressaddress · LLAD01
- 2024-08-09📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-07-27📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-02📄gazette-notice-compulsorygazette · GAZ1
- 2024-05-13📍change-registered-office-address-limited-liability-partnership-with-date-old-address-new-addressaddress · LLAD01
- 2023-08-04📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-13📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2023-05-13🔓Charge satisfied #3
- 2023-05-12📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2023-05-12📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2023-05-12🔓Charge satisfied #2
- 2023-05-09🔒Charge registered #6Lender: Lyell Trading Limited as Security Trustee
- 2023-05-04📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2023-04-28🔒Charge registered #5Lender: Lyell Trading Limited as Security Trustee for the Secured Parties
- 2022-12-06📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2022-12-06🔓Charge satisfied #1
- 2022-12-05📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2022-12-02🔒Charge registered #4Lender: Henslow Trading Limited as Security Trustee
- 2022-11-23📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2022-11-23🔒Charge registered #3Lender: Henslow Trading Limited as Security Trustee for the Secured Parties
- 2022-03-18🔒Charge registered #2Lender: Soho Green Pcc Limited/Cell W
- 2022-02-23🔒Charge registered #1Lender: Soho Green Pcc Limited/Cell W
- 2021-07-30🏢Company incorporatedAs OPTIMAL STUDENT (ABERDEEN CITY) LLP
- 2021-07-30➕FLAME, Simon Paul appointedllp-designated-member
- 2021-07-30➕PACEY GREEN HOLDINGS LIMITED appointedcorporate-llp-designated-member
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
2 med · 2 low4 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-03-06: A registered charge; 2026-02-20: A registered charge; 2026-02-20: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Pacey Green Holdings Limited holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️
Pacey Green Holdings Limited
Corporate parent
⬇
OPTIMAL STUDENT (ABERDEEN CITY) LLP
This company · SO307331
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Pacey Green Holdings Limited Corporate entity | — | 25–50% | 25-50% voting | 30/07/2021 |
Mr Simon Paul Flame Individual · British · DOB 05/1962 · age 64 | — | 25–50% | 25-50% voting | 30/07/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · same sector · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A J S L P 30→ SL003331 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| A J S L P 31→ SL003332 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| A J S L P 32→ SL003333 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| A J S L P 33→ SL003334 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| A J S L P 34→ SL003335 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| A J S L P 35→ SL003336 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| AISAR LTD→ SC371071 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| AISLING INTERNATIONAL LP→ SL033345 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AITCHISON SLP→ SL002902 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| AIZEL LP→ SL020602 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AJINOMOTO TRADING HOLDINGS LP→ SL033035 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AJSLP11→ SL003095 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Typellp
Incorporated2021-07-30
Jurisdictionscotland
Primary SIC—
Registered office
Broxmouth House
Broxmouth House
Dunbar
EH42 1QW
Scotland
Filing status
Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-08-12
Last: 2025-07-29
Officers (2 active · 0 resigned)
FLAME, Simon Paul→
Activellp-designated-member · ~64y · appointed 2021-07-30
View their other companies + combined net worth →
PACEY GREEN HOLDINGS LIMITED→
Activecorporate-llp-designated-member · appointed 2021-07-30
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
6
Outstanding
3
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Gfs 1 Gfs 1 LTD | A registered charge | 1 property | 06/03/2026 | — | |
| outstanding | Gfs 1 Gfs 1 LTD | A registered charge | — | 20/02/2026 | — | |
| outstanding | Gfs 1 Gfs 1 LTD | A registered charge | — | 20/02/2026 | — | |
| outstanding | Gfs 1 Gfs 1 LTD | A registered charge | — | 20/02/2026 | — | |
| outstanding | Lyell Trading as Security Trustee Lyell Trading Limited as Security Trustee | A registered charge | 2 properties | 09/05/2023 | — | |
| outstanding | Lyell Trading as Security Trustee for the Secured Parties Lyell Trading Limited as Security Trustee for the Secured Parties | A registered charge | — | 28/04/2023 | — | |
| satisfied | Henslow Trading as Security Trustee Henslow Trading Limited as Security Trustee | A registered charge | 1 property | 02/12/2022 | 22/12/2025 | |
| satisfied | Henslow Trading as Security Trustee for the Secured Parties Henslow Trading Limited as Security Trustee for the Secured Parties | A registered charge | — | 23/11/2022 | 13/05/2023 | |
| satisfied | Soho Green Pcc /Cell W Soho Green Pcc Limited/Cell W | A registered charge | 1 property | 18/03/2022 | 12/05/2023 | |
| satisfied | Soho Green Pcc /Cell W Soho Green Pcc Limited/Cell W | A registered charge | — | 23/02/2022 | 06/12/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (29 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2026-03-09
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2026-02-23
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2026-02-23
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2026-02-23
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2025-12-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-08-14
gazette-filings-brought-up-to-date
gazette · DISS40
2025-08-13
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-08-12
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-07-08
gazette-notice-compulsory
gazette · GAZ1
2025-06-24
change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
address · LLAD01
2025-05-13
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-08-09
gazette-filings-brought-up-to-date
gazette · DISS40
2024-07-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-25
gazette-notice-compulsory
gazette · GAZ1
2024-07-02