BLACK MOUNTAINS GLIDING CLUB

🌳Matureactive
03194847 · private-limited-guarant-nsc-limited-exemption · incorporated 1996-05-03
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 27.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Other sports activities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 79). Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 27.9y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 27.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 38/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (72/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
65 officers (9 active, 65 linked, 58 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
182 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 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
Average employees00

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
6
filings
  • 5 officers
  • 1 confirmation-statement
Last 180 days
7
filings
  • 6 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (144 events)Click to expand
  1. 2026-04-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-04-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-04-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2026-04-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2026-04-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2026-04-04
    HELME, Ian appointed
    director
  7. 2026-04-04
    MARSHALL, Christopher John appointed
    director
  8. 2026-04-04
    SCOTT, Robin Esmond appointed
    director
  9. 2026-04-04
    JEFFRIES, David John resigned
    director
  10. 2026-04-04
    SUTTON, Andrew resigned
    director
  11. 2026-03-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2026-02-19
    STORK, Ian Patrick resigned
    director
  13. 2025-09-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2025-07-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2025-07-09
    COVIELLO, Stephen Nicholas appointed
    director
  16. 2024-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2024-04-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2024-04-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2024-04-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2024-03-30
    PEARSON, Ann appointed
    director
  21. 2024-03-30
    HOPE, David Alan resigned
    director
  22. 2024-03-30
    STORK, Ian Patrick appointed
    director
  23. 2024-03-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2024-02-29
    WILKINSON, Deborah Janet resigned
    director
  25. 2023-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2023-04-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2023-04-08
    SHORT, Christopher John resigned
    director
  28. 2022-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  29. 2022-06-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  30. 2022-06-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  31. 2022-06-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  32. 2022-06-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  33. 2022-06-04
    KITSON, Brian Roy appointed
    director
  34. 2022-06-04
    JEFFRIES, David John appointed
    director
  35. 2022-06-04
    STILLWAGON, Jeff resigned
    director
  36. 2022-06-04
    WILKINSON, Deborah Janet appointed
    director
  37. 2021-12-03
    SWALLOW, Philip appointed
    director
  38. 2021-12-03
    MCCARTHY, David Kevin resigned
    director
  39. 2021-06-03
    THOMAS, Alan Richard appointed
    director
  40. 2021-02-15
    PINGEL, Martin Neil resigned
    director
  41. 2021-02-15
    TOMLINSON, Michael resigned
    director
  42. 2020-10-07
    KING, Elizabeth Julie resigned
    director
  43. 2020-10-07
    KING, Geoffrey Alan resigned
    director
  44. 2020-10-07
    STRINGER, Michael Geoffrey resigned
    director
  45. 2020-10-07
    SUTTON, Andrew appointed
    director
  46. 2020-10-01
    STRINGER, Michael Geoffrey appointed
    secretary
  47. 2020-10-01
    PINGEL, Martin Neil appointed
    director
  48. 2020-10-01
    TOMLINSON, Michael appointed
    director
  49. 2020-02-10
    RICHARDS, Keith resigned
    director
  50. 2020-02-10
    STILLWAGON, Jeff appointed
    director
Showing most recent 50 of 144 events

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -8 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.

Red flags

1 med ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: JEFFRIES, David John resigned 2026-04-04; STORK, Ian Patrick resigned 2026-02-19; SUTTON, Andrew resigned 2026-04-04

🔒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 →

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15639330 · est 2024 · no financials extracted
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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
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated1996-05-03
Jurisdictionengland-wales
Primary SIC93199 — Other sports activities

Registered office

The Airfield
Talgarth
Brecon
LD3 0EJ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-07
Last: 2026-04-23

Officers (9 active · 56 resigned)

STRINGER, Michael Geoffrey
secretary · appointed 2020-10-01
View their other companies + combined net worth →
Active
COVIELLO, Stephen Nicholas
director · ~74y · appointed 2025-07-09
View their other companies + combined net worth →
Active
HELME, Ian
director · ~49y · appointed 2026-04-04
View their other companies + combined net worth →
Active
KITSON, Brian Roy
director · ~64y · appointed 2022-06-04
View their other companies + combined net worth →
Active
MARSHALL, Christopher John
director · ~54y · appointed 2026-04-04
View their other companies + combined net worth →
Active
PEARSON, Ann
director · ~69y · appointed 2024-03-30
View their other companies + combined net worth →
Active
SCOTT, Robin Esmond
director · ~79y · appointed 2026-04-04
View their other companies + combined net worth →
Active
SWALLOW, Philip
director · ~69y · appointed 2021-12-03
View their other companies + combined net worth →
Active
THOMAS, Alan Richard
director · ~78y · appointed 2021-06-03
View their other companies + combined net worth →
Active
BAKER, Charles Stephen
secretary · appointed 2001-05-05 · resigned 2004-07-19
Resigned
BROCKINGTON, Martin Paul
secretary · appointed 1996-05-03 · resigned 1998-01-03
Resigned
CLARK, John Anthony
secretary · appointed 1998-01-03 · resigned 2001-06-02
Resigned
CROWDEN, Anne
secretary · appointed 2004-08-01 · resigned 2005-04-23
Resigned
SCOTT, John David
secretary · appointed 2005-04-23 · resigned 2008-04-19
Resigned
WILLIAMS, Michael Francis Brooke
secretary · appointed 2014-03-29 · resigned 2015-02-28
Resigned
BAKER, Charles Stephen
director · ~75y · appointed 2001-05-05 · resigned 2004-07-19
Resigned
BARTLETT, Anthony Kenneth
director · ~73y · appointed 2007-04-06 · resigned 2008-03-21
Resigned
BASTERFIELD, Kenneth
director · ~79y · appointed 2007-04-06 · resigned 2008-05-31
Resigned
BROCKINGTON, Martin Paul
director · ~81y · appointed 1996-05-03 · resigned 1999-12-21
Resigned
BROCKINTON, Martin Paul
director · ~81y · appointed 2015-04-04 · resigned 2019-04-20
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
British Gliding Association
British Gliding Association Limited
Aircraft mortgage1 property06/09/2007
outstanding
Barclays
Barclays Bank PLC
Mortgage of aircraft1 property28/06/1998
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (182 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-23
appoint-person-director-company-with-name-date
officers · AP01
2026-04-10
appoint-person-director-company-with-name-date
officers · AP01
2026-04-10
appoint-person-director-company-with-name-date
officers · AP01
2026-04-10
termination-director-company-with-name-termination-date
officers · TM01
2026-04-09
termination-director-company-with-name-termination-date
officers · TM01
2026-04-09
termination-director-company-with-name-termination-date
officers · TM01
2026-03-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-22
appoint-person-director-company-with-name-date
officers · AP01
2025-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-05
appoint-person-director-company-with-name-date
officers · AP01
2024-04-10
appoint-person-director-company-with-name-date
officers · AP01
2024-04-05
termination-director-company-with-name-termination-date
officers · TM01
2024-04-02