20FC LIMITED

🌳Matureactive
09135803 · ltd · incorporated 2014-07-17
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.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2025
Net worth
£-49.5k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Driving school activities
Sector: Education
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 79/100 (strong), bankability 75/100. 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).

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
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
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 £49,524
Cash YoY
-20%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4k
↓ 20% YoY
Net Worth
-£50k
~ YoY
Current Assets
£4k
↓ 16% YoY
Current Liabilities
-£50k-£39k-£28k-£17k-£6k£5kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Total assets£-49.5k£-49.1k
Current assets£4.3k£5.2k
Cash£3.5k£4.4k
Debtors£831£816
Net assets£-49.5k£-49.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-04-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-02-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2021-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-09-18
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2020-09-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2020-09-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2020-09-16
    EVANS, James Anthony resigned
    director
  12. 2020-09-16
    HOLLIS, Jeremy William resigned
    director
  13. 2020-08-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2020-04-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2019-04-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2018-04-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2017-07-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2017-04-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  19. 2014-07-17
    🏢
    Company incorporated
    As 20FC LIMITED
  20. 2014-07-17
    NEWTON, Grant Douglas appointed
    secretary
  21. 2014-07-17
    LANCASTER, Ian Michael appointed
    director
  22. 2014-07-17
    NEWTON, Grant Douglas appointed
    director
  23. 2014-07-17
    EVANS, James Anthony appointed
    director
  24. 2014-07-17
    HOLLIS, Jeremy William appointed
    director

Owner dependency

66/100
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.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

61/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

Twenty Investments Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Twenty Investments Limited
Corporate parent · holds 25-50% shares · board control
significant stake
20FC LIMITED
This company · 09135803

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Twenty Investments Limited
Corporate entity
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
1 historic (ceased) PSC
  • Firstcar Limitedceased 18/05/2020· 25-50% shares · 25-50% voting · board control

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

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
Incorporated2014-07-17
Jurisdictionengland-wales
Primary SIC85530 — Driving school activities

Registered office

6 Whittle Court
Knowlhill
Milton Keynes
MK5 8FT

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-31
Last: 2025-07-17

Officers (3 active · 2 resigned)

NEWTON, Grant Douglas
secretary · appointed 2014-07-17
View their other companies + combined net worth →
Active
LANCASTER, Ian Michael
director · ~64y · appointed 2014-07-17
View their other companies + combined net worth →
Active
NEWTON, Grant Douglas
director · ~62y · appointed 2014-07-17
View their other companies + combined net worth →
Active
EVANS, James Anthony
director · ~43y · appointed 2014-07-17 · resigned 2020-09-16
Resigned
HOLLIS, Jeremy William
director · ~77y · appointed 2014-07-17 · resigned 2020-09-16
Resigned

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

Recent filings (31 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-29
change-person-director-company-with-change-date
officers · CH01
2022-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-29
resolution
resolution · RESOLUTIONS
2020-09-18
termination-director-company-with-name-termination-date
officers · TM01
2020-09-17
termination-director-company-with-name-termination-date
officers · TM01
2020-09-17