ADVANCED RIDING TECHNIQUES LIMITED
💤Zombieactive
03492296 · ltd · incorporated 1998-01-14
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
£-125.1k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Driving school activities
Sector: Education
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 8.4y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
9 officers (1 active, 9 linked, 4 with DOB)
79
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
87 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £125,106
Very low cash
Cash position: £4
Cash YoY
+0%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£4
~ YoY
Net Worth
-£125k
↓ 2.4% YoY
Current Assets
£17k
↓ 2.8% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-106.2k | £-96.4k |
| Current assets | £17.1k | £17.6k |
| Cash | £4 | £4 |
| Debtors | £17.1k | £17.6k |
| Net assets | £-125.1k | £-122.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
1
filing
- • 1 miscellaneous
Last 90 days
8
filings
- • 2 persons-with-significant-control
- • 2 gazette
- • 2 officers
Last 180 days
8
filings
- • 2 persons-with-significant-control
- • 2 gazette
- • 2 officers
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2026-05-09📄legacymiscellaneous · RP01PSC01
- 2026-04-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-03-28📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-03-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-03-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-24📄gazette-notice-compulsorygazette · GAZ1
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-19➖SEARLE, Paul David Rene resigneddirector
- 2024-12-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-18➕MANNING, Stephen Philip appointeddirector
- 2024-11-18➕MANNING, Stephen Philip appointeddirector
- 2024-11-18➖MANNING, Stephen Philip resigneddirector
- 2024-11-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-23🔒Charge registered #1Lender: Hsbc Bank PLC
- 2017-10-27➖SLIGHT, Barbara Jean resignedsecretary
- 2008-10-01➕SLIGHT, Barbara Jean appointedsecretary
- 2008-09-30➖COVEY, Alison resignedsecretary
- 2000-10-01➕COVEY, Alison appointedsecretary
- 2000-10-01➖GWILLYM, David resignedsecretary
- 2000-10-01➖GWILLYM, David resigneddirector
- 1998-01-14🏢Company incorporatedAs ADVANCED RIDING TECHNIQUES LIMITED
- 1998-01-14➕GWILLYM, David appointedsecretary
- 1998-01-14➕SEMKEN LIMITED appointedcorporate-nominee-secretary
- 1998-01-14➖SEMKEN LIMITED resignedcorporate-nominee-secretary
- 1998-01-14➕GWILLYM, David appointeddirector
- 1998-01-14➕SEARLE, Paul David Rene appointeddirector
- 1998-01-14➕LUFMER LIMITED appointedcorporate-nominee-director
- 1998-01-14➖LUFMER LIMITED resignedcorporate-nominee-director
Owner dependency
83/100
Critical — business is the founderThe 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 59 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stephen Philip Manning Individual · British · DOB 03/1967 · age 59 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 11/12/2024 |
2 historic (ceased) PSCs
- Mr Stephen Philip Manningceased 11/12/2024· 75-100% shares
- Mr Paul David Rene Searleceased 13/12/2024· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Education & training · BN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 360MINDBODYSOUL LIMITED→ 13920601 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 3C TRAINING LTD→ 15963994 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A MC RAIL SAFETY LIMITED→ 09285829 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ACADEMIC ADVANTAGE LTD→ 14753147 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ACTION COMPANY EVENTS LTD→ 11579652 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ACTIVE WORTHING WELLBEING CENTRE CIC→ 12487821 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ADAMS FOTHERGILL LTD→ 09653916 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADDED VALUE GROUP LTD→ 15914923 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADDICTIVE ARTS C.I.C.→ 15368649 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADVANCE HELICOPTERS LTD→ 08414069 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ADVENTURES AND WISDOM COMMUNITY CIC→ 15398363 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADVENTURES AT SEA LTD→ 08773878 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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
Incorporated1998-01-14
Jurisdictionengland-wales
Primary SIC85530 — Driving school activities
Registered office
12a Marlborough Place
Brighton
East Sussex
BN1 1WN
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-27
Last: 2025-12-13
Officers (1 active · 8 resigned)
MANNING, Stephen Philip→
Activedirector · ~59y · appointed 2024-11-18
View their other companies + combined net worth →
COVEY, Alison→
Resignedsecretary · appointed 2000-10-01 · resigned 2008-09-30
GWILLYM, David→
Resignedsecretary · appointed 1998-01-14 · resigned 2000-10-01
SLIGHT, Barbara Jean→
Resignedsecretary · appointed 2008-10-01 · resigned 2017-10-27
SEMKEN LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-01-14 · resigned 1998-01-14
GWILLYM, David→
Resigneddirector · ~64y · appointed 1998-01-14 · resigned 2000-10-01
MANNING, Stephen Philip→
Resigneddirector · ~59y · appointed 2024-11-18 · resigned 2024-11-18
SEARLE, Paul David Rene→
Resigneddirector · ~66y · appointed 1998-01-14 · resigned 2024-12-19
LUFMER LIMITED→
Resignedcorporate-nominee-director · appointed 1998-01-14 · resigned 1998-01-14
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 23/01/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (87 total)
legacy
miscellaneous · RP01PSC01
2026-05-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-21
gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-26
appoint-person-director-company-with-name-date
officers · AP01
2026-03-26
termination-director-company-with-name-termination-date
officers · TM01
2026-03-26
gazette-notice-compulsory
gazette · GAZ1
2026-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
termination-director-company-with-name-termination-date
officers · TM01
2024-12-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-11