ARGONAUT TRAINING FACILITIES LIMITED

💤Zombieactive
06169511 · ltd · incorporated 2007-03-19
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
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Cultural education
Sector: Education
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. 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 (58/100).

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
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
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 · FRS 102
Metric2024-12-312023-12-31

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2025-12-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-12-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-12-05
    BEERY, Caroline resigned
    director
  5. 2025-10-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2025-10-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2025-10-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2025-10-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-05-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2019-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2015-06-12
    JICHEVA, Maria resigned
    director
  19. 2007-03-19
    🏢
    Company incorporated
    As ARGONAUT TRAINING FACILITIES LIMITED
  20. 2007-03-19
    O'HAGAN, Claire Delia appointed
    secretary
  21. 2007-03-19
    FARKAS, Richard Julian appointed
    director
  22. 2007-03-19
    BEERY, Caroline appointed
    director
  23. 2007-03-19
    JICHEVA, Maria appointed
    director
  24. 2007-03-19
    HANOVER DIRECTORS LIMITED appointed
    corporate-nominee-director
  25. 2007-03-19
    HANOVER DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

85/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Richard Farkas
Individual · British · DOB 04/1970 · age 56
2550%
25-50% shares06/04/2016
3 historic (ceased) PSCs
  • Mr Andrey Nikolaev Jichevceased 05/12/2025· 25-50% shares
  • Caroline Beeryceased 05/12/2025· 25-50% shares
  • Andrey Jichevceased 30/10/2025· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2007-03-19
Jurisdictionengland-wales
Primary SIC85520 — Cultural education

Registered office

C/O Morris & Shah Ltd, Office 10,
76, Lincoln Road ,
High Wycombe
HP12 3RH
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-02
Last: 2026-03-19

Officers (2 active · 3 resigned)

O'HAGAN, Claire Delia
secretary · appointed 2007-03-19
View their other companies + combined net worth →
Active
FARKAS, Richard Julian
director · ~56y · appointed 2007-03-19
View their other companies + combined net worth →
Active
BEERY, Caroline
director · ~84y · appointed 2007-03-19 · resigned 2025-12-05
Resigned
JICHEVA, Maria
director · ~69y · appointed 2007-03-19 · resigned 2015-06-12
Resigned
HANOVER DIRECTORS LIMITED
corporate-nominee-director · appointed 2007-03-19 · resigned 2007-03-19
Resigned

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

Recent filings (60 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-06
termination-director-company-with-name-termination-date
officers · TM01
2025-12-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-30
change-person-director-company-with-change-date
officers · CH01
2025-10-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-29