KELVIN BOOKS LIMITED
🌳Matureactive
SC122233 · ltd · incorporated 1990-01-09
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
—
year to Mar 2025
Net worth
£107.6k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Other education n.e.c.
Sector: Education
Investor take
PursueStrong opportunity: asset-holding vehicle with exceptional profile and bankable structure.
Opportunity 80/100 (exceptional), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -30% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 29.0y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 29.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (77/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £107,649
Net assets shrinking
Down £19,730 YoY
Cash YoY
-30%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£83k
↓ 30% YoY
Net Worth
£108k
↓ 15% YoY
Current Assets
£294k
↑ 10% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £107.6k | £127.4k |
| Current assets | £293.6k | £266.2k |
| Cash | £83.5k | £119.4k |
| Debtors | £192.0k | £121.2k |
| Net assets | £107.6k | £127.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2025-12-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-03-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-12-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-07-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-14🔓Charge satisfied #1
- 2022-12-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-12-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-03-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-12-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-12-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2016-12-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-02-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-12-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-02-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-12-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 1997-04-25🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1990-01-09🏢Company incorporatedAs KELVIN BOOKS LIMITED
Owner dependency
74/100
High — earn-out structure requiredMaterial 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 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 36 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gerard Mcquillan Individual · United Kingdom · DOB 09/1966 · age 60 | 50–75% | — | 50-75% shares | 06/04/2016 |
Mrs Agnes Mcquillan Individual · United Kingdom · DOB 11/1965 · age 61 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Education & training · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| KRANTI LTD→ SC736450 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LEARNING EAST KILBRIDE LTD→ SC692566 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| LEVEL UP TRAINING ACADEMY LTD→ SC778788 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LIGHT ON THE PATH LIMITED→ SC424468 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| LIMIT.LESS HAIR LIMITED→ SC698883 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LINGO FLAMINGO→ SC504000 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| LIONHEART ECP LIMITED→ SC559035 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| LITTLE ACADEMICS LTD→ SC786867 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LITTLE SCHOLARS (NURSERY) LTD.→ SC229562 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| LIZZIE ELDRIDGE LIMITED→ SC835632 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LJL HEALING VIBE LTD→ SC799191 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| LODESTONE CREATIVE CIC→ SC548704 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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.
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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
Incorporated1990-01-09
Jurisdictionscotland
Primary SIC85590 — Other education n.e.c.
Registered office
Unit 57 Chapel Street
Industrial Estate, Maryhill
Glasgow
City Of Glasgow
G20 9BD
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-27
Last: 2026-03-13
Officers (3 active · 0 resigned)
Active
Active
Active
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 25/04/1997 | 14/07/2023 |
Recent filings (87 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-14
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-12-23