EXCEL TRAINING INTERNATIONAL (ETI) LTD

💤Zombieactive

SC212866 · ltd · incorporated 2000-11-15

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

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

£1.4k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Other professional, scientific and technical activities n.e.c.

Sector: Professional, scientific & technical

Investor take

Pursue

Asset-holding vehicle with a 68-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 1 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

3 connected companies via shared directors

Filing history

61 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £1,409

Net assets shrinking

Down £509 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£1k

↓ 27% YoY

Current Assets

£19k

↓ 49% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-11-30	2023-11-30
Total assets	£5.4k	£11.9k
Current assets	£18.7k	£36.7k
Net assets	£1.4k	£1.9k

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2025-08-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-08-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-08-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-08-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-22
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-22
📄
change-person-director-company-with-change-date
officers · CH01
2015-12-22
📄
change-person-secretary-company-with-change-date
officers · CH03
2015-08-18
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-11-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2000-11-15
🏢
Company incorporated
As EXCEL TRAINING INTERNATIONAL (ETI) LTD
2000-11-15
➕
CARR, Rosalind appointed
secretary
2000-11-15
➕
CARR, Martin appointed
director
2000-11-15
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2000-11-15
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2000-11-15
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2000-11-15
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

100/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

95/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 25 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Rosalind Carr Individual · British · DOB 09/1959 · age 67	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2016
Mr Martin Carr Individual · British · DOB 10/1958 · age 68	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2016

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 →

Similar companies

Active · Professional services · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
STEWART SHAW HOLDINGS LIMITED→ SC080687 · est 1982	£1.09M £800.5k–£1.37M	—	—	89	43y	85	75y
WEST HOLIDAYS LIMITED→ SC714316 · est 2021	£74.8k £55.1k–£94.5k	£198.8k	—	300	4y	93	48y
HEWITT ACCOUNT MANAGEMENT LIMITED→ SC693563 · est 2021	£71.3k £52.5k–£90.1k	£28.6k	—	200	5y	84	48y
POD SUBSEA CONTRACTORS LIMITED→ SC666683 · est 2020	£6.8k £5.0k–£8.6k	£4.2k	—	100	5y	86	58y
FORBES LESLIE NETWORK LIMITED→ SC148828 · est 1994	—	—	—	14	32y	83	62y
HEBRIDEAN WHALE AND DOLPHIN TRUST LIMITED→ SC172338 · est 1997 · no financials extracted	—	—	—	—	29y	83	79y
MACFARLANE YOUNG LIMITED→ SC332280 · est 2007	—	—	£146.8k	—	18y	83	62y
RSVP DESIGN LIMITED→ SC253981 · est 2003	—	—	£31.6k	—	22y	83	71y
STIRLING & MAIR LIMITED→ SC261547 · est 2004	—	—	£184.0k	—	22y	83	61y
AK VEHICLE RENTAL LIMITED→ SC124978 · est 1990	—	—	£2.93M	—	35y	82	77y
SWEENEY BOOKKEEPING LTD→ SC843439 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
WCM SCOTLAND LTD→ SC773186 · est 2023 · no financials extracted	—	—	—	—	2y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2000-11-15

Jurisdictionscotland

Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

9 Glasgow Road

Paisley

Renfrewshire

PA1 3QS

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2026-11-29

Last: 2025-11-15

Officers (2 active · 2 resigned)

CARR, Rosalind→

secretary · appointed 2000-11-15

View their other companies + combined net worth →

Active

CARR, Martin→

director · ~68y · appointed 2000-11-15

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2000-11-15 · resigned 2000-11-15

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2000-11-15 · resigned 2000-11-15

Resigned

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