ARMY PARACHUTE ASSOCIATION
🌳Matureactive
06856088 · private-limited-guarant-nsc-limited-exemption · incorporated 2009-03-23
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 6.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Operation of sports facilities
Sector: Arts, entertainment & recreation
Investor take
PursueStrong opportunity: active trading company with exceptional profile and bankable structure.
Opportunity 83/100 (exceptional), bankability 85/100. 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 (65/100).
🏦
Refinance opportunity
1 live charge · oldest 6.4y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 6.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (82/100)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
9 officers (4 active, 9 linked, 8 with DOB)
88
Ownership & PSC
3 active PSC(s) of 6 total, 6 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|
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
0
filings
Last 180 days
8
filings
- • 4 persons-with-significant-control
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
- 2026-04-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-03-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-03-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-03-26📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2026-03-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-14📄replacement-filing-of-director-appointment-with-nameofficers · RP01AP01
- 2026-03-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2026-03-10➖SCOTT, Anna Juliet, Lieutenant Colonel resigneddirector
- 2025-07-24📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-02📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-02📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-02📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-04-01🔓Charge satisfied #1
- 2024-11-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-01-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-06➖ANDERS-BROWN, Daniel resigneddirector
- 2023-10-06➕SCOTT, Anna Juliet, Lieutenant Colonel appointeddirector
- 2023-06-01➖CAIN, Paul Andrew, Dr resigneddirector
- 2023-03-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-27➕HILL, Richard John Ashley appointeddirector
- 2023-03-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-11-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-11-04➕ANDERS-BROWN, Daniel appointeddirector
- 2022-11-04➖LINDSAY-SMITH, Mark Russell Mackay, Colonel resigneddirector
- 2020-03-03🔒Charge registered #1Lender: Lombard North Central PLC
- 2018-11-21➕CAIN, Paul Andrew, Dr appointeddirector
- 2018-10-01➕LINDSAY-SMITH, Mark Russell Mackay, Colonel appointeddirector
- 2013-11-01➖BRISTOW, Simon John resigneddirector
- 2009-05-01➕BRISTOW, Simon John appointeddirector
- 2009-03-23🏢Company incorporatedAs ARMY PARACHUTE ASSOCIATION
- 2009-03-23➕WILSONS (COMPANY SECRETARIES) LTD appointedcorporate-secretary
- 2009-03-23➕KENNETT, Andrew Charles Peter appointeddirector
- 2009-03-23➕MCEVOY, Philip Dermot appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Charles Peter Kennett Individual · British · DOB 01/1958 · age 68 | — | 25–50% | 25-50% voting | 10/03/2026 |
Mr Richard John Ashley Hill Individual · British · DOB 09/1971 · age 55 | — | 25–50% | 25-50% voting | 10/03/2026 |
Mr Philip Dermot Mcevoy Individual · British · DOB 10/1955 · age 71 | — | 25–50% | 25-50% voting | 10/03/2026 |
3 historic (ceased) PSCs
- Colonel Mark Russell Mackay Lindsay-Smithceased 21/11/2018· 25-50% voting
- Major General Andrew Charles Peter Kennettceased 21/11/2018· 25-50% voting
- Brigadier Philip Dermot Mcevoyceased 21/11/2018· 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 →Similar companies
Active · Leisure & entertainment · SP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AMESBURY RUGBY CLUB LTD→ 11443140 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BARC (TOCA) LIMITED→ 05246427 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| BAYVIEW BOOKS LIMITED→ 11018842 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BCS TATTOOS LIMITED→ 16143042 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BEAUTY ONE LASER LIMITED→ 10231582 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BLISS PROMOTIONS LTD→ 15285971 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BLOCK RECORDS LTD→ 15113062 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BODYWORKS TONING TABLE STUDIO LIMITED→ 07631107 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| BOOTSTEPS LIMITED→ 08440000 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| BREEN SPORT HORSES LIMITED→ 07979256 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| BRIGHT HORIZON TRAVEL LIMITED→ 06801795 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| BRITISH AUTOMOBILE RACING CLUB LIMITED→ 00516639 · est 1953 · no financials extracted | — | — | — | — | 73y | — | — |
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
Incorporated2009-03-23
Jurisdictionengland-wales
Primary SIC93110 — Operation of sports facilities
Registered office
Alexandra House
St Johns Street
Salisbury
Wiltshire
SP1 2SB
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23
Officers (4 active · 5 resigned)
WILSONS (COMPANY SECRETARIES) LTD→
Activecorporate-secretary · appointed 2009-03-23
View their other companies + combined net worth →
HILL, Richard John Ashley→
Activedirector · ~55y · appointed 2023-03-27
View their other companies + combined net worth →
KENNETT, Andrew Charles Peter→
Activedirector · ~68y · appointed 2009-03-23
View their other companies + combined net worth →
MCEVOY, Philip Dermot→
Activedirector · ~71y · appointed 2009-03-23
View their other companies + combined net worth →
ANDERS-BROWN, Daniel→
Resigneddirector · ~50y · appointed 2022-11-04 · resigned 2023-10-06
BRISTOW, Simon John→
Resigneddirector · ~50y · appointed 2009-05-01 · resigned 2013-11-01
CAIN, Paul Andrew, Dr→
Resigneddirector · ~64y · appointed 2018-11-21 · resigned 2023-06-01
LINDSAY-SMITH, Mark Russell Mackay, Colonel→
Resigneddirector · ~58y · appointed 2018-10-01 · resigned 2022-11-04
SCOTT, Anna Juliet, Lieutenant Colonel→
Resigneddirector · ~46y · appointed 2023-10-06 · resigned 2026-03-10
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 03/03/2020 | 01/04/2025 |
Recent filings (74 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-04-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-26
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2026-03-26
termination-director-company-with-name-termination-date
officers · TM01
2026-03-26
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-03-14
accounts-with-accounts-type-dormant
accounts · AA
2026-03-11
change-person-director-company-with-change-date
officers · CH01
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-03
change-person-director-company-with-change-date
officers · CH01
2025-04-02
change-person-director-company-with-change-date
officers · CH01
2025-04-02
change-person-director-company-with-change-date
officers · CH01
2025-04-02
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-01
accounts-with-accounts-type-dormant
accounts · AA
2024-11-27