TULLOS TRAINING LIMITED

🌳Matureactive
SC068734 · private-limited-guarant-nsc · incorporated 1979-07-04
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 32.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: General secondary education
Sector: Education
Investor take
Pursue
Active trading company with a 81-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 81). 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 32.5y

50/100
clean up first

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

  • · Oldest live charge is 32.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (55/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
12 officers (3 active, 12 linked, 11 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
127 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Last 90 days
3
filings
  • • 1 confirmation-statement
  • • 1 officers
  • • 1 accounts
Last 180 days
3
filings
  • • 1 confirmation-statement
  • • 1 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-04-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-04-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2025-04-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2025-03-13
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  5. 2024-03-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2023-03-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2022-03-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2021-03-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2020-03-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2020-03-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2019-03-11
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2018-05-18
    ➖
    THOMSON, Arthur Alexander resigned
    director
  13. 2018-04-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2017-04-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2016-04-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2016-03-24
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  17. 2012-03-23
    🔒
    Charge registered #4
    Lender: Clydesdale Bank PLC
  18. 2010-07-01
    ➕
    GRANT, Alistair appointed
    director
  19. 2003-05-28
    ➕
    CORBETT, George Trail appointed
    director
  20. 2003-05-28
    ➖
    NIXON, David Anthony resigned
    director
  21. 2003-05-28
    ➖
    STEWART, David Anthony resigned
    director
  22. 2002-02-18
    ➖
    FRASER, Charles John resigned
    director
  23. 1998-12-15
    ➕
    STEWART, David Anthony appointed
    director
  24. 1998-05-26
    ➖
    BEATON, John Archibald resigned
    director
  25. 1997-12-03
    ➕
    NIXON, David Anthony appointed
    director
  26. 1997-01-01
    ➖
    STEELE, Thomas Forbes resigned
    director
  27. 1996-06-01
    ➖
    PARKINSON, Joseph Robert resigned
    director
  28. 1996-04-19
    ➖
    KIRK, Alexander Clark resigned
    director
  29. 1996-03-15
    ➕
    FRASER, Charles John appointed
    director
  30. 1996-03-15
    ➕
    THOMSON, Arthur Alexander appointed
    director
  31. 1994-01-31
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  32. 1993-11-08
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  33. 1992-03-17
    ➕
    PARKINSON, Joseph Robert appointed
    director
  34. 1991-12-10
    ➖
    CROWTHER, Peter resigned
    director
  35. 1990-03-29
    ➕
    CROWTHER, Peter appointed
    director
  36. 1979-07-04
    🏢
    Company incorporated
    As TULLOS TRAINING LIMITED

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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 81 — succession pressure is live.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 47 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Iain Raymond Garrett
Individual · British · DOB 04/1960 · age 66
——sig. influencesignificant influence06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Education & training · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
NORTH EAST OF SCOTLAND MUSIC SCHOOL LIMITED→
SC058254 · est 1975 · no financials extracted
————50y8383y
1ST CLASS GAS LIMITED→
SC270334 · est 2004
——£256.6k—21y8264y
ABERDEEN STEP BY STEP NURSERY LIMITED→
SC291171 · est 2005
——£120.1k—20y8263y
BANBURY CROSS NURSERY LIMITED→
SC396469 · est 2011
——£192.0k—15y8266y
ESD SIMULATION TRAINING LIMITED→
SC199873 · est 1999
———30026y8265y
PETERHEAD & DISTRICT GROUP TRAINING LIMITED→
SC160231 · est 1995
——£743.8k—30y8260y
STEPPING STONES NURSERIES (PETERHEAD) LIMITED→
SC260841 · est 2003
——£89.5k—22y8266y
ABERDEEN STRAIGHT-WAY LIMITED→
SC219939 · est 2001
———20024y8172y
CHOICES ABERDEEN LIMITED→
SC307363 · est 2006 · no financials extracted
————19y8172y
HADDO COUNTRY PARK FORUM LTD→
SC324915 · est 2007
——£76.6k—18y8176y
LAURENCEKIRK YOUTH & COMMUNITY VENTURE→
SC180965 · est 1997
——£103.8k—28y8177y
NORTH EAST FISHERMEN'S TRAINING ASSOCIATION LIMITED→
SC278853 · est 2005
——£417.9k—21y8177y
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
Typeprivate-limited-guarant-nsc
Incorporated1979-07-04
Jurisdictionscotland
Primary SIC85310 — General secondary education

Registered office

6 Bon Accord Square
Aberdeen
Aberdeenshire
AB11 6XU

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19

Officers (3 active · 9 resigned)

BLACKADDERS LLP→
corporate-secretary
View their other companies + combined net worth →
Active
CORBETT, George Trail→
director · ~70y · appointed 2003-05-28
View their other companies + combined net worth →
Active
GRANT, Alistair→
director · ~81y · appointed 2010-07-01
View their other companies + combined net worth →
Active
BEATON, John Archibald→
director · ~74y · resigned 1998-05-26
Resigned
CROWTHER, Peter→
director · ~78y · appointed 1990-03-29 · resigned 1991-12-10
Resigned
FRASER, Charles John→
director · ~73y · appointed 1996-03-15 · resigned 2002-02-18
Resigned
KIRK, Alexander Clark→
director · ~83y · resigned 1996-04-19
Resigned
NIXON, David Anthony→
director · ~73y · appointed 1997-12-03 · resigned 2003-05-28
Resigned
PARKINSON, Joseph Robert→
director · ~87y · appointed 1992-03-17 · resigned 1996-06-01
Resigned
STEELE, Thomas Forbes→
director · ~98y · resigned 1997-01-01
Resigned
STEWART, David Anthony→
director · ~61y · appointed 1998-12-15 · resigned 2003-05-28
Resigned
THOMSON, Arthur Alexander→
director · ~83y · appointed 1996-03-15 · resigned 2018-05-18
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
Floating charge1 property23/03/2012—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property31/01/1994—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property08/11/1993—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (127 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-29
change-person-director-company-with-change-date
officers · CH01
2026-04-28
accounts-with-accounts-type-small
accounts · AA
2026-04-09
accounts-with-accounts-type-small
accounts · AA
2025-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-14
change-sail-address-company-with-old-address-new-address
address · AD02
2025-03-13
accounts-with-accounts-type-small
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-06
accounts-with-accounts-type-small
accounts · AA
2023-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-16
accounts-with-accounts-type-small
accounts · AA
2022-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-08
accounts-with-accounts-type-small
accounts · AA
2021-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-09
accounts-with-accounts-type-small
accounts · AA
2020-03-31