INDEPENDENT PRIMARY AND SECONDARY EDUCATION TRUST LIMITED
Opportunity 60/100 (worth a look), bankability 62/100. Strong seller-intent signal (68/100, director aged 92). Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 36.8y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 36.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (57/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (81 events)Click to expand
- 2020-12-15📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2020-12-15🏁Company dissolved
- 2020-11-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-11-07📄dissolution-voluntary-strike-off-suspendeddissolution · SOAS(A)
- 2020-09-29📄gazette-notice-voluntarygazette · GAZ1(A)
- 2020-09-21📄dissolution-application-strike-off-companydissolution · DS01
- 2020-05-22📄change-person-director-company-with-change-dateofficers · CH01
- 2020-05-22📄change-person-director-company-with-change-dateofficers · CH01
- 2020-05-22📄change-person-director-company-with-change-dateofficers · CH01
- 2020-05-22📄change-person-director-company-with-change-dateofficers · CH01
- 2020-04-06📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2019-11-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-11-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-11-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-11-15🔓Charge satisfied #3
- 2019-11-15🔓Charge satisfied #2
- 2019-11-11➖CHOTAI, Pramodrai Dharamshi resigneddirector
- 2019-05-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-11-30📄change-person-director-company-with-change-dateofficers · CH01
- 2017-11-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-11-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-11-14➕AARONS, Jennifer appointeddirector
- 2017-11-13➕CHOTAI, Pramodrai Dharamshi appointeddirector
- 2017-06-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-06-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-06-14➕SEXTON, Charles appointeddirector
- 2017-06-14➕SEXTON, Edward Thomas appointeddirector
- 2017-05-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-06-10➕SEXTON, Andrew Edward appointeddirector
- 2016-06-06➕NEALE, Daryl appointeddirector
- 2016-05-13➖THOMAS, Colin David resignedsecretary
- 2016-05-13➖THOMAS, Colin David resigneddirector
- 2016-05-13➖WHITTLE, Glynis, Councillor resigneddirector
- 2015-06-10➖HOPLEY, Yvette Rose Marie resigneddirector
- 2015-06-10➖JENKINS, Peter Edward resigneddirector
- 2013-06-27➖CONSTANTINE, Deborah Anne resigneddirector
- 2012-09-01➖DALY, Nigel Rynd resigneddirector
- 2012-09-01➕WHITTLE, Glynis, Councillor appointeddirector
- 2010-10-01➖COWLE, Rosemary resigneddirector
- 2008-10-08➖COOMBS, Anthony Michael Vincent resigneddirector
- 2008-10-01➖POLLARD, Timothy Stuart resigneddirector
- 2008-06-19➖PARKER, Jane resigneddirector
- 2007-06-14➕JENKINS, Peter Edward appointeddirector
- 2006-11-14➕COWLE, Rosemary appointeddirector
- 2006-11-14➕DALY, Nigel Rynd appointeddirector
- 2006-11-14➕PARKER, Jane appointeddirector
- 2006-06-15➖HUNT, Malcolm John resignedsecretary
- 2006-06-15➕THOMAS, Colin David appointedsecretary
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -6 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 92 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 92 years old. Natural succession window is now.
- secondaryStable-but-static management: Company is 46 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high · 1 med ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2020-12-15
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stuart Sexton Individual · British · DOB 09/1934 · age 92 | — | — | sig. influencesignificant influence · trust interest | 06/06/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (0 active · 27 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Legal charge | 3 properties | 19/07/1999 | — | |
| satisfied | Lloyds Banking Group Tsb Bank PLC | Legal charge | 1 property | 06/09/1993 | 15/11/2019 | |
| satisfied | Lloyds Banking Group Tsb Bank PLC | Legal charge | 1 property | 09/01/1992 | 15/11/2019 | |
| satisfied | Frank Theodore Verbeeten / Matthew John Verbeeten | Legal charge | 1 property | 04/10/1989 | 31/07/1992 |