1ST TIME SCHOOL OF MOTORING LTD

💤Zombieactive
09280098 · ltd · incorporated 2014-10-24
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 Oct 2025
Net worth
£233.4k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 78/100 (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 (73/100).

Data confidence

Overall: medium (78/100)

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
37 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
70
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 · FRS 102
Positive net assets
Net assets £233,397
Cash YoY
+14%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£361k
↑ 14% YoY
Net Worth
£233k
↑ 5.1% YoY
Current Assets
£361k
↑ 14% YoY
Current Liabilities
£0£72k£144k£216k£289k£361kOct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-10-312024-10-31
Total assets£233.4k£222.0k
Current assets£360.8k£316.9k
Cash£360.8k£316.8k
Debtors£101
Net assets£233.4k£222.0k

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
4
filings
  • 2 gazette
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-04-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-01-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2026-01-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-06-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-07-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-04-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2019-01-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2019-01-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2019-01-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2019-01-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2018-12-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2018-12-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2018-11-22
    HARRIS, Karen Lorraine appointed
    director
  18. 2018-11-22
    BARKLEY, Christopher resigned
    director
  19. 2018-11-22
    HARRIS, Karen Lorraine appointed
    director
  20. 2018-11-22
    HARRIS, Karen Lorraine resigned
    director
  21. 2018-11-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2014-10-24
    🏢
    Company incorporated
    As 1ST TIME SCHOOL OF MOTORING LTD
  23. 2014-10-24
    BARKLEY, Christopher appointed
    director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Miss Karen Lorraine Harris
Individual · British · DOB 06/1963 · age 63
75100%
75-100% shares11/12/2018
2 historic (ceased) PSCs
  • Mrs Karen Lorraine Harrisceased 11/12/2018· significant influence
  • Mr Christopher Barkleyceased 22/11/2018· 75-100% shares · 75-100% voting · board control

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
Incorporated2014-10-24
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.

Registered office

C K R House
70 East Hill
Dartford
DA1 1RZ
England

Filing status

Accounts
Next due: 2027-07-30
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-11-07
Last: 2025-10-24

Officers (1 active · 2 resigned)

HARRIS, Karen Lorraine
director · ~63y · appointed 2018-11-22
View their other companies + combined net worth →
Active
BARKLEY, Christopher
director · ~59y · appointed 2014-10-24 · resigned 2018-11-22
Resigned
HARRIS, Karen Lorraine
director · ~63y · appointed 2018-11-22 · resigned 2018-11-22
Resigned

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

Recent filings (37 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-21
gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-23
gazette-notice-compulsory
gazette · GAZ1
2026-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-22