FIREFLY LEARNING LIMITED

🌳Matureactive
10115230 · ltd · incorporated 2016-04-10
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Educational support services
Sector: Education
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

8 live charges · 5 lenders · oldest 10.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 10.1 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (58/100)

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
No iXBRL financials extracted
0
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
14 officers (2 active, 14 linked, 14 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
96 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
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
3
filings
  • 2 officers
  • 1 confirmation-statement
Last 180 days
6
filings
  • 4 officers
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (61 events)Click to expand
  1. 2026-04-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-04-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-02-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2026-02-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2026-02-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-03-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2025-03-28
    🔒
    Charge registered #8
    Lender: Hsbc Innovation Banking
  8. 2025-02-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-01-31
    🔒
    Charge registered #7
    Lender: Ab Private Credit Investors Llc
  10. 2024-11-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  11. 2024-10-11
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2024-07-25
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  13. 2024-03-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2023-11-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2023-08-18
    📄
    auditors-resignation-company
    auditors · AUD
  16. 2023-06-29
    📄
    capital-allotment-shares
    capital · SH01
  17. 2023-03-20
    📄
    memorandum-articles
    incorporation · MA
  18. 2023-03-20
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2023-03-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2023-03-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2023-03-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2023-02-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2023-02-10
    🔒
    Charge registered #6
    Lender: Ab Private Credit Investors Llc
  24. 2023-02-06
    📄
    capital-allotment-shares
    capital · SH01
  25. 2023-02-06
    🔓
    Charge satisfied #5
  26. 2023-02-06
    🔓
    Charge satisfied #4
  27. 2023-02-06
    🔓
    Charge satisfied #3
  28. 2023-02-06
    🔓
    Charge satisfied #2
  29. 2023-01-31
    KRIVICKAS, Joseph appointed
    director
  30. 2023-01-31
    RANDOM, Amelia appointed
    director
  31. 2023-01-31
    CALVER, Simon John resigned
    director
  32. 2023-01-31
    EDIS, Luke Jonathan resigned
    director
  33. 2023-01-31
    FOX, Isabella resigned
    director
  34. 2023-01-31
    HAY, Simon Joseph Edward, Dr resigned
    director
  35. 2023-01-31
    JONES, Glenn John resigned
    director
  36. 2023-01-31
    MATHEWSON, Joseph Jack resigned
    director
  37. 2023-01-31
    ROSE, Jonathan Edward resigned
    director
  38. 2022-11-11
    FOX, Isabella appointed
    director
  39. 2022-09-29
    ALLNER, Christopher Charles resigned
    director
  40. 2022-09-29
    ROSE, Jonathan Edward appointed
    director
  41. 2022-01-13
    COCKBURN, Laura Frances resigned
    director
  42. 2020-06-30
    COCKBURN, Laura Frances appointed
    director
  43. 2020-03-24
    EDIS, Luke Jonathan appointed
    director
  44. 2020-03-24
    VEALE, Stuart Michael resigned
    director
  45. 2020-01-10
    🔒
    Charge registered #5
    Lender: Innovate UK Loans Limited
  46. 2019-10-31
    ALLNER, Christopher Charles appointed
    director
  47. 2019-10-31
    LEWIS, James Robert Terence resigned
    director
  48. 2019-07-31
    🔒
    Charge registered #4
    Lender: Silicon Valley Bank
  49. 2019-04-30
    BELL, Howard Ashley resigned
    director
  50. 2019-01-10
    LEWIS, James Robert Terence appointed
    director
Showing most recent 50 of 61 events

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

56/100
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.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Firefly Bidco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Firefly Bidco Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
FIREFLY LEARNING LIMITED
This company · 10115230

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Firefly Bidco Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control31/01/2023
2 historic (ceased) PSCs
  • Mr Joseph Jack Mathewsonceased 31/01/2023· 25-50% shares · 25-50% voting
  • Dr Simon Joseph Edward Hayceased 31/01/2023· 25-50% shares · 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2016-04-10
Jurisdictionengland-wales
Primary SIC85600 — Educational support services

Registered office

167-169 Great Portland Street
5th Floor
London
W1W 5PF
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-23
Last: 2026-04-09

Officers (2 active · 12 resigned)

KRIVICKAS, Joseph
director · ~64y · appointed 2023-01-31
View their other companies + combined net worth →
Active
RANDOM, Amelia
director · ~40y · appointed 2023-01-31
View their other companies + combined net worth →
Active
ALLNER, Christopher Charles
director · ~67y · appointed 2019-10-31 · resigned 2022-09-29
Resigned
BELL, Howard Ashley
director · ~62y · appointed 2017-08-01 · resigned 2019-04-30
Resigned
CALVER, Simon John
director · ~62y · appointed 2016-11-15 · resigned 2023-01-31
Resigned
COCKBURN, Laura Frances
director · ~47y · appointed 2020-06-30 · resigned 2022-01-13
Resigned
EDIS, Luke Jonathan
director · ~35y · appointed 2020-03-24 · resigned 2023-01-31
Resigned
FOX, Isabella
director · ~35y · appointed 2022-11-11 · resigned 2023-01-31
Resigned
HAY, Simon Joseph Edward, Dr
director · ~40y · appointed 2016-04-10 · resigned 2023-01-31
Resigned
JONES, Glenn John
director · ~60y · appointed 2017-08-01 · resigned 2023-01-31
Resigned
LEWIS, James Robert Terence
director · ~45y · appointed 2019-01-10 · resigned 2019-10-31
Resigned
MATHEWSON, Joseph Jack
director · ~42y · appointed 2016-04-10 · resigned 2023-01-31
Resigned
ROSE, Jonathan Edward
director · ~30y · appointed 2022-09-29 · resigned 2023-01-31
Resigned
VEALE, Stuart Michael
director · ~67y · appointed 2017-01-26 · resigned 2020-03-24
Resigned

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

Mortgages & charges

8
Total charges
3
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
HSBC
Hsbc Innovation Banking
A registered charge28/03/2025
outstanding
Ab Private Credit Investors
Ab Private Credit Investors Llc
A registered charge1 property31/01/2025
outstanding
Ab Private Credit Investors
Ab Private Credit Investors Llc
A registered charge1 property10/02/2023
satisfied
Innovate UK Loans
Innovate UK Loans Limited
A registered charge10/01/202006/02/2023
satisfied
Silicon Valley Bank
A registered charge31/07/201906/02/2023
satisfied
Silicon Valley Bank
A registered charge23/01/201806/02/2023
satisfied
Silicon Valley Bank
A registered charge24/10/201706/02/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge25/04/201619/10/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (96 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-16
change-person-director-company-with-change-date
officers · CH01
2026-04-16
change-person-director-company-with-change-date
officers · CH01
2026-04-16
accounts-with-accounts-type-full
accounts · AA
2026-02-05
change-person-director-company-with-change-date
officers · CH01
2026-02-02
change-person-director-company-with-change-date
officers · CH01
2026-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-11-08
accounts-with-accounts-type-small
accounts · AA
2024-10-11
change-account-reference-date-company-previous-extended
accounts · AA01
2024-07-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-10