ACADEMY FLATS (ST IVES) MANAGEMENT LIMITED
🌳Matureactive
03146283 · ltd · incorporated 1996-01-15
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£-280
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 87). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
11 officers (4 active, 11 linked, 7 with DOB)
83
Ownership & PSC
3 active PSC(s) of 5 total, 5 with control declared
90
Director network
Network not yet resolved
30
Filing history
93 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £280
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£280
~ YoY
Current Assets
£0
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £-280 | £-280 |
| Current assets | £0 | £0 |
| Net assets | £-280 | £-280 |
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 (35 events)Click to expand
- 2025-10-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-09-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-11➕GREENWOOD, Heather Joy appointeddirector
- 2025-07-11➕NOTMAN, John James appointeddirector
- 2025-07-11➖GREENWOOD, Marjorie resigneddirector
- 2025-07-11➖NOTMAN, Robert William resigneddirector
- 2025-06-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-04-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-04-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 1999-04-13➕GREENWOOD, Marjorie appointeddirector
- 1999-03-04➖BREWER, Sonia Jean resigneddirector
- 1998-02-16➕BREWER, Sonia Jean appointeddirector
- 1998-02-10➖MULLIN, Mary Elizabeth resigneddirector
- 1996-12-30➕NOTMAN, Robert William appointedsecretary
- 1996-12-30➖CLEGG, Richard Standley resignedsecretary
- 1996-06-26➕CLEGG, Richard Standley appointeddirector
- 1996-06-26➕CLEGG, Richard Standley appointedsecretary
- 1996-06-26➕MULLIN, Mary Elizabeth appointeddirector
- 1996-06-26➕NOTMAN, Robert William appointeddirector
- 1996-06-13➖BRIGHTON SECRETARY LIMITED resignedcorporate-nominee-secretary
- 1996-06-13➖BRIGHTON DIRECTOR LIMITED resignedcorporate-nominee-director
- 1996-01-15🏢Company incorporatedAs ACADEMY FLATS (ST IVES) MANAGEMENT LIMITED
- 1996-01-15➕BRIGHTON SECRETARY LIMITED appointedcorporate-nominee-secretary
- 1996-01-15➕BRIGHTON DIRECTOR LIMITED appointedcorporate-nominee-director
Owner dependency
75/100
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 30 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 87 — succession pressure is live.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 87 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: GREENWOOD, Marjorie resigned 2025-07-11; NOTMAN, Robert William resigned 2025-07-11
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John James Notman Individual · British · DOB 09/1980 · age 46 | 25–50% | — | 25-50% shares | 11/07/2025 |
Miss Heather Joy Greenwood Individual · British · DOB 06/1960 · age 66 | 25–50% | — | 25-50% shares | 11/07/2025 |
Mr Richard Standley Clegg Individual · British · DOB 05/1939 · age 87 | — | — | sig. influencesignificant influence | 06/04/2016 |
2 historic (ceased) PSCs
- Mr Robert William Notmanceased 30/09/2025· significant influence
- Mrs Marjorie Greenwoodceased 11/07/2025· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 121 PROPERTY LTD→ 15543219 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 2 MOUNTS VIEW LIMITED→ 16398296 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 4 BELMONT TERRACE LTD→ 06371002 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| A.E. STOKES PROPERTIES LIMITED→ 01392080 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| A&M MARSTON HOLDINGS LTD→ 14330068 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABBEY BUILDERS CORNWALL LIMITED→ 04296400 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| ABSOLUTE ACCOMMODATION LIMITED→ 14506349 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AC HOLDINGS (CORNWALL) LIMITED→ 11898739 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ACDH PROPERTY LIMITED→ 10257775 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACER PROPERTY ESTATE LTD→ 12441725 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ACS LAND & PROPERTY LIMITED→ 11008292 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ACT RENEWABLES LIMITED→ 07758478 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
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
Incorporated1996-01-15
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Tregenna Steps Studio
Tregenna Terrace
St Ives
Cornwall
TR26 2DL
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-29
Last: 2026-01-15
Officers (4 active · 7 resigned)
NOTMAN, Robert William→
Activesecretary · appointed 1996-12-30
View their other companies + combined net worth →
CLEGG, Richard Standley→
Activedirector · ~87y · appointed 1996-06-26
View their other companies + combined net worth →
GREENWOOD, Heather Joy→
Activedirector · ~66y · appointed 2025-07-11
View their other companies + combined net worth →
NOTMAN, John James→
Activedirector · ~46y · appointed 2025-07-11
View their other companies + combined net worth →
CLEGG, Richard Standley→
Resignedsecretary · appointed 1996-06-26 · resigned 1996-12-30
BRIGHTON SECRETARY LIMITED→
Resignedcorporate-nominee-secretary · appointed 1996-01-15 · resigned 1996-06-13
BREWER, Sonia Jean→
Resigneddirector · ~91y · appointed 1998-02-16 · resigned 1999-03-04
GREENWOOD, Marjorie→
Resigneddirector · ~92y · appointed 1999-04-13 · resigned 2025-07-11
MULLIN, Mary Elizabeth→
Resigneddirector · ~102y · appointed 1996-06-26 · resigned 1998-02-10
NOTMAN, Robert William→
Resigneddirector · ~81y · appointed 1996-06-26 · resigned 2025-07-11
BRIGHTON DIRECTOR LIMITED→
Resignedcorporate-nominee-director · appointed 1996-01-15 · resigned 1996-06-13
Click a director name to see their full track record across all companies.
Recent filings (93 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-06
appoint-person-director-company-with-name-date
officers · AP01
2025-10-06
appoint-person-director-company-with-name-date
officers · AP01
2025-10-02
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-18