EDUCATIONAL TECHNOLOGY LTD.

💤Zombieactive
02482192 · ltd · incorporated 1990-03-16
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 Dec 2024
Net worth
£100
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Educational support services
Sector: Education
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

12 live charges · 5 lenders · oldest 35.1y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 35.1 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
10 officers (1 active, 10 linked, 4 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
148 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £100

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£100
~ YoY
Current Assets
£100
~ YoY
Current Liabilities
£0£20£40£60£80£100Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£100£100
Current assets£100£100
Net assets£100£100

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (59 events)Click to expand
  1. 2025-07-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-05-24
    JONES, Andrew resigned
    director
  4. 2023-05-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-04-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-08-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-10-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-04-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2021-04-14
    🔓
    Charge satisfied #12
  10. 2020-11-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-03-09
    📄
    second-filing-of-annual-return-with-made-up-date
    annual-return · RP04AR01
  12. 2020-03-09
    📄
    second-filing-of-annual-return-with-made-up-date
    annual-return · RP04AR01
  13. 2020-03-09
    📄
    second-filing-of-annual-return-with-made-up-date
    annual-return · RP04AR01
  14. 2020-03-09
    📄
    second-filing-of-annual-return-with-made-up-date
    annual-return · RP04AR01
  15. 2020-03-09
    📄
    second-filing-of-annual-return-with-made-up-date
    annual-return · RP04AR01
  16. 2020-02-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2020-02-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2020-02-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2020-02-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2020-02-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2020-01-30
    ASHTON, Stephen Richard appointed
    director
  22. 2020-01-30
    JONES, Andrew appointed
    director
  23. 2020-01-30
    SYMON, Alan Wilson resigned
    director
  24. 2020-01-30
    🔒
    Charge registered #12
    Lender: Clydesdale Bank PLC
  25. 2020-01-30
    🔒
    Charge registered #11
    Lender: Rockpool (Security Trustee) Limited (as Security Trustee)
  26. 2016-07-14
    🔓
    Charge satisfied #10
  27. 2016-04-30
    MBM SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  28. 2015-05-13
    🔒
    Charge registered #10
    Lender: Maven Capital Partners UK LLP (As Security Trustee for and on Behalf of Scottish Loan Fund L.P.)
  29. 2014-08-07
    MBM SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  30. 2014-05-15
    HANTMAN, Louise resigned
    secretary
  31. 2014-05-15
    HANTMAN, Philip resigned
    director
  32. 2014-05-15
    SYMON, Alan Wilson appointed
    director
  33. 2014-05-15
    🔓
    Charge satisfied #1
  34. 2013-04-25
    🔓
    Charge satisfied #8
  35. 2013-04-25
    🔓
    Charge satisfied #7
  36. 2013-04-25
    🔓
    Charge satisfied #6
  37. 2013-04-25
    🔓
    Charge satisfied #5
  38. 2013-04-25
    🔓
    Charge satisfied #4
  39. 2013-04-25
    🔓
    Charge satisfied #3
  40. 2013-04-25
    🔓
    Charge satisfied #2
  41. 2007-10-23
    HANTMAN, Louise appointed
    secretary
  42. 2007-10-22
    KINGHORN, Alison resigned
    secretary
  43. 2007-09-19
    🔓
    Charge satisfied #9
  44. 2005-01-01
    KINGHORN, Alison appointed
    secretary
  45. 2005-01-01
    VINTON, Tracy resigned
    secretary
  46. 2003-08-30
    HERON, Zara resigned
    secretary
  47. 2003-08-30
    VINTON, Tracy appointed
    secretary
  48. 2003-01-01
    FRAIS, Edward Michael resigned
    secretary
  49. 2003-01-01
    HERON, Zara appointed
    secretary
  50. 1993-10-08
    🔒
    Charge registered #9
    Lender: National Westminster Bank PLC
Showing most recent 50 of 59 events

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 36 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Spaceright Europe Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Spaceright Europe Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
EDUCATIONAL TECHNOLOGY LTD.
This company · 02482192

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Spaceright Europe Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control30/01/2020
1 historic (ceased) PSC
  • Mr Alan Wilson Symonceased 30/01/2020· significant influence

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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 · LN postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BEN THOMPSON EDU LTD
13335882 · est 2021 · no financials extracted
5y
CTPMETHOD LTD
16591415 · est 2025 · no financials extracted
D4S PARTNERSHIP LIMITED
15951491 · est 2024 · no financials extracted
1y
DEVELOPING BRAINS SEMINARS LTD
16160534 · est 2025 · no financials extracted
1y
DR CARVALHO LTD
14704902 · est 2023 · no financials extracted
3y
E AND T CONSULTANCY LIMITED
15684066 · est 2024 · no financials extracted
1y
EAGLES COACHING LTD
15487496 · est 2024 · no financials extracted
2y
EMAS UK LIMITED
06990409 · est 2009 · no financials extracted
16y
EMPOWERING EDUCATION PARTNERSHIP LIMITED
11112652 · est 2017 · no financials extracted
8y
ESH CONSULTANCY & TRAINING LTD
07331796 · est 2010 · no financials extracted
15y
EVELYN FLORENCE PROJECTS LIMITED
14873549 · est 2023 · no financials extracted
2y
EVENTUM COACHING AND CHANGE LTD
04944620 · est 2003 · no financials extracted
22y
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
Incorporated1990-03-16
Jurisdictionengland-wales
Primary SIC85600 — Educational support services

Registered office

C/O Millhouse Manufacturing Design Ltd Roughton Road
Kirkby On Bain
Woodhall Spa
Lincolnshire
LN10 6YL
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-22
Last: 2026-04-08

Officers (1 active · 9 resigned)

ASHTON, Stephen Richard
director · ~61y · appointed 2020-01-30
View their other companies + combined net worth →
Active
FRAIS, Edward Michael
secretary · resigned 2003-01-01
Resigned
HANTMAN, Louise
secretary · appointed 2007-10-23 · resigned 2014-05-15
Resigned
HERON, Zara
secretary · appointed 2003-01-01 · resigned 2003-08-30
Resigned
KINGHORN, Alison
secretary · appointed 2005-01-01 · resigned 2007-10-22
Resigned
VINTON, Tracy
secretary · appointed 2003-08-30 · resigned 2005-01-01
Resigned
MBM SECRETARIAL SERVICES LIMITED
corporate-secretary · appointed 2014-08-07 · resigned 2016-04-30
Resigned
HANTMAN, Philip
director · ~66y · resigned 2014-05-15
Resigned
JONES, Andrew
director · ~66y · appointed 2020-01-30 · resigned 2023-05-24
Resigned
SYMON, Alan Wilson
director · ~71y · appointed 2014-05-15 · resigned 2020-01-30
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

12
Total charges
1
Outstanding
1
Active lenders
Status:Lender:12 of 12 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank PLC
A registered charge1 property30/01/202014/04/2021
outstanding
Rockpool (Security Trustee) (as Security Trustee)
Rockpool (Security Trustee) Limited (as Security Trustee)
A registered charge1 property30/01/2020
satisfied
Maven Capital Partners UK (As Security Trustee for and on Behalf of Scottish Loan Fund L.P.)
Maven Capital Partners UK LLP (As Security Trustee for and on Behalf of Scottish Loan Fund L.P.)
A registered charge13/05/201514/07/2016
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property08/10/199319/09/2007
satisfied
Northern Rock Building Society
Mortgage debenture1 property08/10/199325/04/2013
satisfied
National Westminster Bank
National Westminster Bank PLC
Charge over credit balances1 property17/12/199225/04/2013
satisfied
National Westminster Bank
National Westminster Bank PLC
Charge over credit balances1 property16/07/199225/04/2013
satisfied
National Westminster Bank
National Westminster Bank PLC
Charge over credit balances1 property13/07/199225/04/2013
satisfied
National Westminster Bank
National Westminster Bank PLC
Charge over credit balances1 property17/09/199125/04/2013
satisfied
National Westminster Bank
National Westminster Bank PLC
Charge over credit balances1 property15/08/199125/04/2013
satisfied
National Westminster Bank
National Westminster Bank PLC
Charge over credit balances1 property15/08/199125/04/2013
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property09/07/199115/05/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (148 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-18
termination-director-company-with-name-termination-date
officers · TM01
2023-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-16
mortgage-satisfy-charge-full
mortgage · MR04
2021-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-23