ADVENTURE LINCOLNSHIRE LTD

🏛️Establishedactive
11614963 · ltd · incorporated 2018-10-10
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 Mar 2025
Net worth
£5.9k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Educational support services
Sector: Education
Investor take
Pursue
Asset-holding vehicle with a 70-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (79/100)

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 (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
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 · accounting standard not declared
Positive net assets
Net assets £5,920

Key financials

2 years extracted from filed iXBRL accounts
Cash
£29k
Net Worth
£6k
↑ 18% YoY
Current Assets
£33k
↑ 40% YoY
Current Liabilities
—
£0£7k£13k£20k£26k£33kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£5.9k£67.7k
Current assets£32.7k£23.3k
Cash£28.7k—
Net assets£5.9k£5.0k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2023-10-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-10-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-10-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-10-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-08-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-12-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-09-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-10-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-11-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-01-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-11-06
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  15. 2019-10-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2019-10-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2019-10-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2018-11-07
    📄
    capital-allotment-shares
    capital · SH01
  19. 2018-10-10
    🏢
    Company incorporated
    As ADVENTURE LINCOLNSHIRE LTD
  20. 2018-10-10
    ➕
    BLACK, David appointed
    director
  21. 2018-10-10
    ➕
    BLACK, June Marie appointed
    director
  22. 2018-10-10
    ➕
    DUKE, Michael appointed
    director
  23. 2018-10-10
    ➖
    DUKE, Michael resigned
    director

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 70 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr David Black
Individual · British · DOB 06/1956 · age 70
25–50%
25–50%board control25-50% shares · 25-50% voting · board control03/10/2019
Mrs June Marie Black
Individual · British · DOB 06/1958 · age 68
25–50%
25–50%board control25-50% shares · 25-50% voting · board control03/10/2019
1 historic (ceased) PSC
  • Fd Secretarial Ltdceased 03/10/2019· 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.

🔒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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————2y——
ADVANCED COSMETIC ACADEMY LTD→
13012512 · est 2020 · no financials extracted
————5y——
ADVOCATE NEURODIVERSITY LTD→
16300053 · est 2025 · no financials extracted
————1y——
AEGLE EDUCATION LIMITED→
14188902 · est 2022 · no financials extracted
————3y——
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15656406 · est 2024 · no financials extracted
————2y——
AESTHETICS AND MEDICAL TRAINING LTD→
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————6y——
AF NOTTINGHAM LTD→
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AFFINITY DANCE ELITE EDUCATION LTD→
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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
Incorporated2018-10-10
Jurisdictionengland-wales
Primary SIC85600 — Educational support services

Registered office

53 St John's Close
Leasingham
Sleaford
Lincolnshire
NG34 8LU
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-17
Last: 2025-10-03

Officers (2 active · 1 resigned)

BLACK, David→
director · ~70y · appointed 2018-10-10
View their other companies + combined net worth →
Active
BLACK, June Marie→
director · ~68y · appointed 2018-10-10
View their other companies + combined net worth →
Active
DUKE, Michael→
director · ~67y · appointed 2018-10-10 · resigned 2018-10-10
Resigned

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

Recent filings (29 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-19
change-person-director-company-with-change-date
officers · CH01
2023-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-19
change-person-director-company-with-change-date
officers · CH01
2023-10-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-13
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-26