ALDER BRIDGE ASSOCIATION FOR STEINER-WALDORF EDUCATION
🌳Matureactive
02158586 · private-limited-guarant-nsc-limited-exemption · incorporated 1987-08-28
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
57/100
Worth a look
What this business does
Primary activity: Primary education
Sector: Education
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 57/100 (worth a look), bankability 22/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (70/100). Current lenders should be on immediate intervention.
🏦
Refinance opportunity
6 live charges · 4 lenders · oldest 28.9y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 28.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 60/100 (high).
Data confidence
Overall: low (49/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
49 officers (4 active, 49 linked, 46 with DOB)
89
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
204 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
57/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
33
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
5
filings
- • 2 confirmation-statement
- • 1 accounts
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (123 events)Click to expand
- 2026-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-02-06📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-09-24⚠️liquidation-in-administration-end-of-administrationinsolvency · AM21
- 2025-06-23⚠️liquidation-in-administration-progress-reportinsolvency · AM10
- 2024-12-16⚠️liquidation-in-administration-progress-reportinsolvency · AM10
- 2024-11-21⚠️liquidation-in-administration-extension-of-periodinsolvency · AM19
- 2024-06-25⚠️liquidation-in-administration-progress-reportinsolvency · AM10
- 2023-12-31⚠️liquidation-in-administration-progress-reportinsolvency · AM10
- 2023-11-09⚠️liquidation-in-administration-extension-of-periodinsolvency · AM19
- 2023-06-28⚠️liquidation-in-administration-progress-reportinsolvency · AM10
- 2023-06-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-24➖ALLISON, Siobhan resigneddirector
- 2023-04-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-29➖BURROWS, Elizabeth Anne resigneddirector
- 2023-02-07⚠️liquidation-in-administration-statement-of-affairs-with-form-attachedinsolvency · AM02
- 2023-02-06⚠️liquidation-administration-notice-deemed-approval-of-proposalsinsolvency · AM06
- 2023-01-20⚠️liquidation-in-administration-proposalsinsolvency · AM03
- 2022-12-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-07⚠️liquidation-in-administration-appointment-of-administratorinsolvency · AM01
- 2022-11-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-24🔓Charge satisfied #5
- 2022-10-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-10➖EDWARDS, Matthew Dominc resigneddirector
- 2022-10-10➖MARS, Alice Louise Mulford resigneddirector
- 2022-07-25🔓Charge satisfied #6
- 2022-07-25🔓Charge satisfied #4
- 2022-07-25🔓Charge satisfied #3
- 2022-03-12➕ALLISON, Siobhan appointeddirector
- 2022-03-12➕BURROWS, Elizabeth Anne appointeddirector
- 2022-03-12➖DAWSON, John William resigneddirector
- 2022-03-12➕EDWARDS, Matthew Dominc appointeddirector
- 2022-03-12➖HEMPENIUS, Anita Carla resigneddirector
- 2022-03-12➕MARS, Alice Louise Mulford appointeddirector
- 2022-03-12➖SWIFT, Nicholas Dean resigneddirector
- 2021-11-30➕DHARSI, Bimal appointeddirector
- 2021-09-23➕HEMPENIUS, Anita Carla appointeddirector
- 2021-08-26➖LYNCH, Charlotte Elizabeth resigneddirector
- 2021-03-13➖HEMPENIUS, Anita Carla resigneddirector
- 2020-11-11➕HEMPENIUS, Anita Carla appointeddirector
- 2020-06-29➖GHALLEY, Sulafa Kaur resigneddirector
- 2020-03-07➕IVESON, James Sean O'Sullivan appointeddirector
- 2020-03-07➖FERREIRA, Dorit Renate Tavares resigneddirector
- 2019-10-14➕LYNCH, Charlotte Elizabeth appointeddirector
- 2019-09-23➖BARNARD, Gavin Stephen resigneddirector
- 2019-04-27➖AVISON, Joseph resigneddirector
- 2019-04-27➕GHALLEY, Sulafa Kaur appointeddirector
- 2017-03-30➖BOUGHTON-SMITH, Nicola Joanne resigneddirector
- 2017-03-11➕AVISON, Joseph appointeddirector
Showing most recent 50 of 123 events
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 39 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high · 2 med ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2024-05-31
12 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-09-24: liquidation-in-administration-end-of-administration; 2025-06-23: liquidation-in-administration-progress-report
Has insolvency history
mediumCompanies House flags prior insolvency events. Review the insolvency filings for context.
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Education & training · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALINEA NUTRITION LTD→ 16193977 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AMBROSE LYNCH LIMITED→ 11156263 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| APOLLO GYMNASTICS ACADEMY LIMITED→ 11807068 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| APS COACHING LTD→ 16553419 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AQUAKINDLY SWIMMING LTD→ 13919057 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ARCTIC LION LTD→ 13375229 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ARNAUD'S LANGUAGE KITCHEN LIMITED→ 08440715 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ASCEND SPORTS LIMITED→ 16209193 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ASCENDRAA LIMITED→ 17102992 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ASPIRE ABROAD UK LTD→ 16246616 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ASPIRE2B FUTURES LTD→ 14371216 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ASSOCIATED TRAINING SERVICES (ATS) LTD→ 13225598 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated1987-08-28
Jurisdictionengland-wales
Primary SIC85200 — Primary education
Registered office
19 St. Edwards Road
Reading
RG6 1NL
England
Filing status
Accounts
Next due: 2024-05-31OVERDUE
Last made up to: 2022-08-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31
Officers (4 active · 45 resigned)
DAWSON, John William→
Activesecretary · appointed 2002-10-22
View their other companies + combined net worth →
DHARSI, Bimal→
Activedirector · ~53y · appointed 2021-11-30
View their other companies + combined net worth →
IVESON, James Sean O'Sullivan→
Activedirector · ~45y · appointed 2020-03-07
View their other companies + combined net worth →
JENKINS, Paul Andrew→
Activedirector · ~62y · appointed 2004-02-28
View their other companies + combined net worth →
BROWN, Stuart Cameron, Dr→
Resignedsecretary · resigned 1998-06-05
WINSLOW, Marion Eileen→
Resignedsecretary · appointed 1999-01-06 · resigned 2002-02-14
ALLISON, Siobhan→
Resigneddirector · ~42y · appointed 2022-03-12 · resigned 2023-04-24
AVISON, Joseph→
Resigneddirector · ~47y · appointed 2017-03-11 · resigned 2019-04-27
BARNARD, Gavin Stephen→
Resigneddirector · ~57y · appointed 2015-03-14 · resigned 2019-09-23
BOUGHTON-SMITH, Nicola Joanne→
Resigneddirector · ~55y · appointed 2016-09-29 · resigned 2017-03-30
BROOKS, Naomi→
Resigneddirector · ~61y · appointed 2009-03-07 · resigned 2014-03-27
BROWN, Stuart Cameron, Dr→
Resigneddirector · ~71y · appointed 2002-03-02 · resigned 2006-01-10
BURROWS, Elizabeth Anne→
Resigneddirector · ~39y · appointed 2022-03-12 · resigned 2023-03-29
COE, Alison→
Resigneddirector · ~70y · resigned 1990-12-31
DAWSON, John William→
Resigneddirector · ~69y · appointed 1991-06-07 · resigned 2022-03-12
EDWARDS, Matthew Dominc→
Resigneddirector · ~46y · appointed 2022-03-12 · resigned 2022-10-10
FERGUSON, Johanna Caroline→
Resigneddirector · ~74y · appointed 1995-06-08 · resigned 1999-02-08
FERREIRA, Dorit Renate Tavares→
Resigneddirector · ~54y · appointed 2014-04-03 · resigned 2020-03-07
GHALLEY, Sulafa Kaur→
Resigneddirector · ~38y · appointed 2019-04-27 · resigned 2020-06-29
HEMPENIUS, Anita Carla→
Resigneddirector · ~62y · appointed 2021-09-23 · resigned 2022-03-12
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
1
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 31/05/2005 | 25/07/2022 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 31/05/2005 | 24/11/2022 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 31/05/2005 | 25/07/2022 | |
| satisfied | Margarete Albath, Warren Ashe, Martin Askew, Maria Barguirdjan, Francesca Josephson(As Trustees of the Hermes Trust) | Legal charge | 1 property | 17/08/2001 | 25/07/2022 | |
| satisfied | Margaret Albath / Maria Barguirdjian / Warren Ashe / Martin Askew / Francesca Josephsonthe Trustees of Hermes Trust | Legal charge | 1 property | 23/08/1997 | 05/10/2001 | |
| outstanding | Helen Jean Murray / Alexander Olmosthe Trustees of St. Luke's Trust Berkshire (Formerly Known as Bridge House Home School) / Donald Sidney Carter / Peter Olmos / Ursula Dracup | Charge of whole | 1 property | 22/08/1997 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (204 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-10
change-person-director-company-with-change-date
officers · CH01
2026-02-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-26
liquidation-in-administration-end-of-administration
insolvency · AM21
2025-09-24
liquidation-in-administration-progress-report
insolvency · AM10
2025-06-23
liquidation-in-administration-progress-report
insolvency · AM10
2024-12-16
liquidation-in-administration-extension-of-period
insolvency · AM19
2024-11-21
liquidation-in-administration-progress-report
insolvency · AM10
2024-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-02
liquidation-in-administration-progress-report
insolvency · AM10
2023-12-31
liquidation-in-administration-extension-of-period
insolvency · AM19
2023-11-09
liquidation-in-administration-progress-report
insolvency · AM10
2023-06-28
termination-director-company-with-name-termination-date
officers · TM01
2023-06-13