ACCESS TRAINING (WALES) LIMITED

🌳Matureactive
04915118 · ltd · incorporated 2003-09-29
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 13.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£701.2k
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Other education n.e.c.
Sector: Education
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 13.0y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 13.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 23/100 — clean.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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 (2 active, 10 linked, 7 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
104 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
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 £701,242

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.6m
Net Worth
£701k
Current Assets
£6.9m
Current Liabilities
—
£0£1.4m£2.8m£4.1m£5.5m£6.9mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£811.0k—
Current assets£6.92M—
Cash£1.58M—
Debtors£5.33M—
Net assets£701.2k—

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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 1 officers
  • • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2025-12-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-12-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2025-11-10
    ➕
    JEFFERIES, Jamie appointed
    director
  4. 2025-11-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-09-30
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  6. 2025-09-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2025-02-18
    ➖
    BENNETT, Leonor resigned
    director
  8. 2025-02-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-01-08
    📄
    capital-cancellation-shares
    capital · SH06
  10. 2025-01-08
    📄
    capital-return-purchase-own-shares
    capital · SH03
  11. 2025-01-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  12. 2025-01-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2025-01-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2024-12-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2024-12-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2024-12-24
    ➖
    UNDERDOWN, Catherine Sara resigned
    director
  17. 2024-12-24
    ➖
    UNDERDOWN, Mark Andrew resigned
    director
  18. 2024-09-25
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  19. 2023-11-17
    📄
    memorandum-articles
    incorporation · MA
  20. 2023-11-17
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2023-09-29
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  22. 2023-08-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  23. 2023-08-08
    📄
    capital-name-of-class-of-shares
    capital · SH08
  24. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2020-01-14
    ➕
    BENNETT, Leonor appointed
    director
  26. 2020-01-14
    ➕
    UNDERDOWN, Catherine Sara appointed
    director
  27. 2013-09-30
    ➖
    UNDERDOWN, Leslie James resigned
    secretary
  28. 2013-09-30
    ➖
    BENNETT, David William resigned
    director
  29. 2013-09-30
    ➖
    UNDERDOWN, Leslie James resigned
    director
  30. 2013-05-14
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  31. 2009-03-27
    ➕
    BENNETT, Ian David appointed
    director
  32. 2009-03-27
    ➕
    UNDERDOWN, Mark Andrew appointed
    director
  33. 2003-10-01
    ➕
    UNDERDOWN, Leslie James appointed
    secretary
  34. 2003-10-01
    ➖
    HCS SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  35. 2003-10-01
    ➕
    BENNETT, David William appointed
    director
  36. 2003-10-01
    ➕
    UNDERDOWN, Leslie James appointed
    director
  37. 2003-10-01
    ➖
    HANOVER DIRECTORS LIMITED resigned
    corporate-nominee-director
  38. 2003-09-29
    🏢
    Company incorporated
    As ACCESS TRAINING (WALES) LIMITED
  39. 2003-09-29
    ➕
    HCS SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  40. 2003-09-29
    ➕
    HANOVER DIRECTORS LIMITED appointed
    corporate-nominee-director

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

49/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • 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.)

Group structure

Access Training Enterprises Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Access Training Enterprises Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
ACCESS TRAINING (WALES) LIMITED
This company · 04915118

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
Access Training Enterprises Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control24/12/2024
2 historic (ceased) PSCs
  • Mr Mark Andrew Underdownceased 24/12/2024· 25-50% shares
  • Mr Ian David Bennettceased 23/11/2024· 25-50% shares

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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———————
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———————
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2003-09-29
Jurisdictionengland-wales
Primary SIC85590 — Other education n.e.c.

Registered office

Suite 14 Conwy House Castle Court
Swansea Enterprise Park
Swansea
SA7 9LA
Wales

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-20
Last: 2025-11-06

Officers (2 active · 8 resigned)

BENNETT, Ian David→
director · ~49y · appointed 2009-03-27
View their other companies + combined net worth →
Active
JEFFERIES, Jamie→
director · ~48y · appointed 2025-11-10
View their other companies + combined net worth →
Active
UNDERDOWN, Leslie James→
secretary · appointed 2003-10-01 · resigned 2013-09-30
Resigned
HCS SECRETARIAL LIMITED→
corporate-nominee-secretary · appointed 2003-09-29 · resigned 2003-10-01
Resigned
BENNETT, David William→
director · ~79y · appointed 2003-10-01 · resigned 2013-09-30
Resigned
BENNETT, Leonor→
director · ~48y · appointed 2020-01-14 · resigned 2025-02-18
Resigned
UNDERDOWN, Catherine Sara→
director · ~58y · appointed 2020-01-14 · resigned 2024-12-24
Resigned
UNDERDOWN, Leslie James→
director · ~80y · appointed 2003-10-01 · resigned 2013-09-30
Resigned
UNDERDOWN, Mark Andrew→
director · ~57y · appointed 2009-03-27 · resigned 2024-12-24
Resigned
HANOVER DIRECTORS LIMITED→
corporate-nominee-director · appointed 2003-09-29 · resigned 2003-10-01
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
National Westminster Bank
National Westminster Bank PLC
A registered charge1 property14/05/2013—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (104 total)

change-person-director-company-with-change-date
officers · CH01
2025-12-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-12-02
appoint-person-director-company-with-name-date
officers · AP01
2025-11-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-10
accounts-with-accounts-type-medium
accounts · AA
2025-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-22
termination-director-company-with-name-termination-date
officers · TM01
2025-02-18
capital-cancellation-shares
capital · SH06
2025-01-08
capital-return-purchase-own-shares
capital · SH03
2025-01-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-01-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-07
termination-director-company-with-name-termination-date
officers · TM01
2024-12-30
termination-director-company-with-name-termination-date
officers · TM01
2024-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-24