BAE TRAINING LTD

💤Zombieactive
11989118 · ltd · incorporated 2019-05-10
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
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Turnover
year to May 2024
Net worth
£20.0k
book net assets
Opportunity
50/100
Worth a look
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What this business does
Primary activity: Other education n.e.c.
Sector: Education
Investor take
Special-situation opportunity
Distressed education with salvageable qualities — special-situations priority.

Opportunity 50/100 (worth a look), bankability 45/100. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: low (47/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

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
No charge records returned
50
Directors & officers
No officers data
0
Ownership & PSC
No PSC data returned
40
Director network
Network not yet resolved
30
Filing history
No filing history
0
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
70
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £20,041

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£20k
↑ 15% YoY
Current Assets
£28k
↑ 4.9% YoY
Current Liabilities
£0£6k£11k£17k£22k£28kMay 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£24.2k£21.4k
Current assets£27.8k£26.5k
Net assets£20.0k£17.5k

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

Corporate timeline (1 events)Click to expand
  1. 2019-05-10
    🏢
    Company incorporated
    As BAE TRAINING LTD

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-02-28

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-23

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2019-05-10
Jurisdictionengland-wales
Primary SIC85590 — Other education n.e.c.

Registered office

49 Effra Road Effra Road
Office 59b
London
SW2 1BZ
England

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-05-23OVERDUE
Last: 2025-05-09