ACE TRAINERS LTD

💤Zombieactive
08082854 · ltd · incorporated 2012-05-24
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 May 2024
Net worth
£-119.0k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Other retail sale not in stores, stalls or markets
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 82990Other business support service activities n.e.c.
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (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: distressed disposal / insolvency (65/100).

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, 2 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
11 officers (2 active, 11 linked, 8 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £118,978

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£119k
↓ 47% YoY
Current Assets
£14k
↓ 23% YoY
Current Liabilities
—
-£119k-£92k-£64k-£37k-£9k£18kMay 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-312023-05-31
Total assets£-105.6k£-81.2k
Current assets£14.1k£18.4k
Cash—£6.2k
Debtors£14.1k£12.2k
Net assets£-119.0k£-81.2k

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
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 (35 events)Click to expand
  1. 2024-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2022-03-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-02-23
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  7. 2020-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-03-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2020-03-19
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  10. 2020-02-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-11-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2017-04-17
    ➖
    CLARK, Chrisopher Malise resigned
    director
  15. 2017-04-17
    ➖
    RAY, Geoffrey Michael resigned
    director
  16. 2017-04-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2015-10-27
    ➕
    RAY, Geoffrey Michael appointed
    director
  18. 2015-08-20
    ➖
    RAY, Geoffrey Michael resigned
    director
  19. 2015-05-27
    ➕
    CLARK, Chrisopher Malise appointed
    director
  20. 2015-02-19
    ➕
    RAY, Geoffrey Michael appointed
    director
  21. 2015-02-12
    ➖
    CLARK, Chrisopher Malise resigned
    director
  22. 2014-10-01
    ➖
    SHABANGU, Vuyisile Melanie resigned
    director
  23. 2013-08-24
    ➖
    RAY, Zoe Deanna resigned
    director
  24. 2013-08-24
    ➕
    SHABANGU, Vuyisile Melanie appointed
    director
  25. 2013-04-04
    ➕
    RAY, Michael David appointed
    secretary
  26. 2013-04-04
    ➖
    RAY, Geoffrey Michael resigned
    secretary
  27. 2012-08-07
    ➕
    RAY, Geoffrey Michael appointed
    secretary
  28. 2012-08-07
    ➕
    RAY, Zoe Deanna appointed
    director
  29. 2012-06-21
    ➕
    RAY, Geoffrey Michael appointed
    director
  30. 2012-06-21
    ➖
    RAY, Geoffrey Michael resigned
    director
  31. 2012-06-11
    ➖
    RAY, Geoffrey Michael resigned
    secretary
  32. 2012-05-31
    ➕
    RAY, Geoffrey Michael appointed
    secretary
  33. 2012-05-31
    ➕
    CLARK, Chrisopher Malise appointed
    director
  34. 2012-05-24
    🏢
    Company incorporated
    As ACE TRAINERS LTD
  35. 2012-05-24
    ➕
    RAY, Michael David appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

58/100
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 14 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Michael David Ray
Individual · British · DOB 01/1978 · age 48
50–75%
50–75%board control50-75% shares · 50-75% voting · board control08/09/2016
1 historic (ceased) PSC
  • Mr Chrisopher Malise Clarkceased 22/03/2020· 25-50% shares · 25-50% voting

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 →
🔒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
Incorporated2012-05-24
Jurisdictionengland-wales
Primary SIC47990 — Other retail sale not in stores, stalls or markets

Registered office

3 Ground Floor, Unit 3 Prism Park
Berrington Way
Basingstoke
Hampshire
RG24 8GT
England

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-05-31
Confirmation statement
Next due: 2027-04-02
Last: 2026-03-19

Officers (2 active · 9 resigned)

RAY, Michael David→
secretary · appointed 2013-04-04
View their other companies + combined net worth →
Active
RAY, Michael David→
director · ~48y · appointed 2012-05-24
View their other companies + combined net worth →
Active
RAY, Geoffrey Michael→
secretary · appointed 2012-08-07 · resigned 2013-04-04
Resigned
RAY, Geoffrey Michael→
secretary · appointed 2012-05-31 · resigned 2012-06-11
Resigned
CLARK, Chrisopher Malise→
director · ~48y · appointed 2015-05-27 · resigned 2017-04-17
Resigned
CLARK, Chrisopher Malise→
director · ~48y · appointed 2012-05-31 · resigned 2015-02-12
Resigned
RAY, Geoffrey Michael→
director · ~77y · appointed 2015-10-27 · resigned 2017-04-17
Resigned
RAY, Geoffrey Michael→
director · ~77y · appointed 2015-02-19 · resigned 2015-08-20
Resigned
RAY, Geoffrey Michael→
director · ~77y · appointed 2012-06-21 · resigned 2012-06-21
Resigned
RAY, Zoe Deanna→
director · ~54y · appointed 2012-08-07 · resigned 2013-08-24
Resigned
SHABANGU, Vuyisile Melanie→
director · ~49y · appointed 2013-08-24 · resigned 2014-10-01
Resigned

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

Recent filings (58 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-01
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2022-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2020-03-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-03-23