ALLENBY TRAINING SERVICES LIMITED

🌳Matureactive
03784367 · ltd · incorporated 1999-06-08
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
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Turnover
—
year to Jun 2025
Net worth
£130.2k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other education n.e.c.
Sector: Education
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -38% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 19.1y

45/100
under pressure

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

  • · Oldest live charge is 19.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 6 with DOB)
82
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
95 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 · FRS 102
Positive net assets
Net assets £130,190
Net assets shrinking
Down £72,190 YoY
Cash YoY
-38%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£38k
↓ 38% YoY
Net Worth
£130k
↓ 36% YoY
Current Assets
£126k
↓ 29% YoY
Current Liabilities
—
£0£40k£81k£121k£162k£202kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets£196.0k£222.8k
Current assets£126.3k£176.9k
Cash£37.8k£60.8k
Debtors£88.5k£116.1k
Net assets£130.2k£202.4k

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
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Last 90 days
3
filings
  • • 1 confirmation-statement
  • • 1 officers
  • • 1 accounts
Last 180 days
3
filings
  • • 1 confirmation-statement
  • • 1 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-04-20
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  2. 2026-03-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2025-04-24
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  4. 2025-04-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-04-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-10-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-04-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-04-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2022-04-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2022-04-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2022-04-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2022-01-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-04-26
    📄
    change-to-a-person-with-significant-control-without-name-date
    persons-with-significant-control · PSC04
  16. 2021-04-26
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  17. 2021-04-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2021-01-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2015-10-01
    ➕
    WILLERTON, Michelle Julia appointed
    director
  20. 2008-03-03
    ➕
    EVANS, Gary Michael appointed
    director
  21. 2007-03-27
    🔒
    Charge registered #1
    Lender: The Apus No.5 Junior Trustee Company Limited
  22. 2003-05-28
    ➖
    WELCH, Julie Elaine resigned
    secretary
  23. 2003-05-28
    ➖
    WELCH, Derek Edward resigned
    director
  24. 2003-05-23
    ➕
    WILLERTON, Michelle Julia appointed
    secretary
  25. 2002-07-22
    ➕
    EVANS, Robert Michael appointed
    director
  26. 2002-07-22
    ➖
    CRABB, David John resigned
    director
  27. 2002-07-22
    ➕
    WELCH, Derek Edward appointed
    director
  28. 2001-01-30
    ➖
    CRABB, David John resigned
    secretary
  29. 2001-01-30
    ➕
    WELCH, Julie Elaine appointed
    secretary
  30. 2001-01-30
    ➖
    WELCH, Derek Edward resigned
    director
  31. 1999-06-08
    🏢
    Company incorporated
    As ALLENBY TRAINING SERVICES LIMITED
  32. 1999-06-08
    ➕
    CRABB, David John appointed
    secretary
  33. 1999-06-08
    ➕
    CHETTLEBURGH INTERNATIONAL LIMITED appointed
    corporate-nominee-secretary
  34. 1999-06-08
    ➖
    CHETTLEBURGH INTERNATIONAL LIMITED resigned
    corporate-nominee-secretary
  35. 1999-06-08
    ➕
    CRABB, David John appointed
    director
  36. 1999-06-08
    ➕
    WELCH, Derek Edward appointed
    director

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
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Gary Michael Evans
Individual · British · DOB 02/1974 · age 52
25–50%
—board control25-50% shares · board control14/08/2021
Ms Michelle Julia Willerton
Individual · British · DOB 12/1971 · age 55
25–50%
—board control25-50% shares · board control14/08/2021
3 historic (ceased) PSCs
  • Mr Robert Michael Evansceased 14/08/2021· 75-100% shares
  • Mrs Michelle Brownceased 01/07/2020· 25-50% shares · 25-50% voting
  • Mr Gary Michael Evansceased 01/07/2020· 25-50% shares · 25-50% voting

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 →

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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
Typeltd
Incorporated1999-06-08
Jurisdictionengland-wales
Primary SIC85590 — Other education n.e.c.

Registered office

Allenby Training Centre
23 Crofton Road
Lincoln
Lincolnshire
LN3 4NL

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-04-18
Last: 2026-04-04

Officers (4 active · 6 resigned)

WILLERTON, Michelle Julia→
secretary · appointed 2003-05-23
View their other companies + combined net worth →
Active
EVANS, Gary Michael→
director · ~52y · appointed 2008-03-03
View their other companies + combined net worth →
Active
EVANS, Robert Michael→
director · ~74y · appointed 2002-07-22
View their other companies + combined net worth →
Active
WILLERTON, Michelle Julia→
director · ~55y · appointed 2015-10-01
View their other companies + combined net worth →
Active
CRABB, David John→
secretary · appointed 1999-06-08 · resigned 2001-01-30
Resigned
WELCH, Julie Elaine→
secretary · appointed 2001-01-30 · resigned 2003-05-28
Resigned
CHETTLEBURGH INTERNATIONAL LIMITED→
corporate-nominee-secretary · appointed 1999-06-08 · resigned 1999-06-08
Resigned
CRABB, David John→
director · ~71y · appointed 1999-06-08 · resigned 2002-07-22
Resigned
WELCH, Derek Edward→
director · ~73y · appointed 2002-07-22 · resigned 2003-05-28
Resigned
WELCH, Derek Edward→
director · ~73y · appointed 1999-06-08 · resigned 2001-01-30
Resigned

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
TypeProperties
outstanding
The Apus No.5 Junior Trustee Company
The Apus No.5 Junior Trustee Company Limited
Rent deposit deed1 property27/03/2007—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (95 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-21
change-person-secretary-company-with-change-date
officers · CH03
2026-04-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-31
change-person-secretary-company-with-change-date
officers · CH03
2025-04-24
change-person-director-company-with-change-date
officers · CH01
2025-04-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-04
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-04