WELLINGTON SCHOOL (AYR) LIMITED

🌳Matureactive

SC026589 · private-limited-guarant-nsc · incorporated 1948-10-11

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 30.9y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2024

Net worth

£4.21M

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Pre-primary education

Sector: Education

ALSO REGISTERED FOR

85200Primary education
85310General secondary education

Investor take

Pursue

Active trading company with a 82-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 82). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 30.9y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 30.9 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (64/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

37 officers (15 active, 37 linked, 29 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

2 connected companies via shared directors

Filing history

160 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £4,213,620

Key financials

1 year extracted from filed iXBRL accounts

Cash

£2.1m

Net Worth

£4.2m

Current Assets

£2.4m

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-06-30
Total assets	£4.27M
Current assets	£2.38M
Cash	£2.15M
Debtors	£215.0k
Net assets	£4.21M

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

🔒Filing-note intelligence

2 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

filings

Last 90 days

filings

• 1 accounts
• 1 officers

Last 180 days

filings

• 4 officers
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (80 events)Click to expand

2026-03-20
📄
accounts-with-accounts-type-full
accounts · AA
2026-01-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-01-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-01-13
➕
BORTHWICK, Alistair John appointed
director
2026-01-13
➕
SMITH, Clare appointed
director
2025-12-04
📄
change-person-director-company-with-change-date
officers · CH01
2025-12-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-02
➖
ABLETT, Fiona resigned
director
2025-09-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-09-09
➕
KEITH, Samantha Jane appointed
director
2025-06-17
📄
change-person-director-company-with-change-date
officers · CH01
2025-03-14
📄
accounts-with-accounts-type-medium
accounts · AA
2024-11-07
📄
change-person-director-company-with-change-date
officers · CH01
2024-11-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-05
➕
BLAIR, Stephanie Elizabeth appointed
director
2024-09-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-10
➖
WILSON, Laura resigned
director
2024-03-18
📄
accounts-with-accounts-type-full
accounts · AA
2023-12-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-12-05
➕
GILIUS, Keir Diarmid appointed
director
2023-03-13
📄
accounts-with-accounts-type-full
accounts · AA
2023-02-28
📄
change-person-director-company-with-change-date
officers · CH01
2022-07-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-06-30
➖
GARDNER, Dianne Alicia resigned
director
2022-06-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-06-07
➕
KENNEDY, David Christopher appointed
director
2022-04-06
📄
accounts-with-accounts-type-full
accounts · AA
2022-01-20
📄
change-person-director-company-with-change-date
officers · CH01
2021-09-24
➕
GROVER-MINTO, John appointed
director
2021-09-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-09-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-09-07
➖
NAPIER, Elizabeth Mary Paton resigned
director
2021-04-02
➕
PETERS, Linda Janet appointed
secretary
2021-04-01
➖
KENNEDY, David Christopher resigned
secretary
2020-10-23
🔓
Charge satisfied #3
2018-10-09
➕
WILSON, Laura appointed
director
2018-09-04
➕
AITKEN, Fraser Robert, The Reverend appointed
director
2018-09-04
➕
HUNTER BLAIR, Marguerite Catherine, Lady appointed
director
2018-09-04
➖
FERGUSSON, Jenifer Kirsty resigned
director
2018-09-04
➖
SWINLEY, Keith Alexander Cairns resigned
director
2017-09-05
➕
STEELE, Tom, Professor appointed
director
2017-09-05
➕
KENNEDY, David Christopher appointed
secretary
2017-09-05
➖
MCCOLGAN, John resigned
secretary
2017-09-05
➖
FORAN, Mary Shirley resigned
director
2016-04-25
➕
ABLETT, Fiona appointed
director
2014-11-12
➖
BRODIE, Anne Currie resigned
director
2014-11-12
➖
STEWART, Barbara Enid resigned
director
2013-09-10
➕
ANDREW, Gilbert Mckie appointed
director
2013-09-10
➕
SIMPSON, Jennifer Elizabeth Mary appointed
director
2013-09-10
➕
NAPIER, Elizabeth Mary Paton appointed
director

Showing most recent 50 of 80 events

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-14 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 82 — succession pressure is live.

Succession & seller-readiness

73/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 19 years.
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.)

🔒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 →

Similar companies

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Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
FRIENDS OF PORTENCROSS CASTLE→ SC186097 · est 1998	—	—	£83.5k	—	27y	83	79y
GALLOWAY TRAINING LIMITED→ SC121428 · est 1989 · no financials extracted	—	—	—	—	36y	83	79y
MINDSTORE INTERNATIONAL LIMITED→ SC270146 · est 2004	—	—	£1.16M	—	21y	82	71y
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BENSLIE TRAINING LIMITED→ SC365040 · est 2009	—	—	—	—	16y	81	62y
THE YOUNG PROGRAMME LIMITED→ SC282589 · est 2005	—	—	£152.1k	—	21y	81	68y
CRAIGHEAD NURSERIES LTD→ SC521313 · est 2015	—	—	£89.8k	—	10y	80	75y
SMART SOLUTIONS SCOTLAND LIMITED→ SC262136 · est 2004	—	—	£834	—	22y	80	62y
CRAIGIE DEVELOPMENT LIMITED→ SC094927 · est 1985	—	—	—	0	40y	79	89y
RHET CLYDE→ SC257207 · est 2003 · no financials extracted	—	—	—	—	22y	79	80y
THE LITTLE ART SCHOOL GLASGOW LIMITED→ SC526953 · est 2016	—	—	—	2	10y	79	59y
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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

Typeprivate-limited-guarant-nsc

Incorporated1948-10-11

Jurisdictionscotland

Primary SIC85100 — Pre-primary education

Registered office

Carleton Turrets

1 Craigweil Road

Ayr

KA7 2XH

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-06-21

Last: 2025-06-07