IDTC LIMITED

💤Zombieactive
SC307468 · ltd · incorporated 2006-08-24
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 Sept 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other education n.e.c.
Sector: Education
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (93/100, director aged 65). 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).

🏦

Refinance opportunity

2 live charges · oldest 10.5y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 10.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
56 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Average employees100100

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-06-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-05-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-05-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-05-02
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2023-05-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-03-31
    ➖
    MCGINLEY, John Lawson resigned
    secretary
  9. 2023-03-31
    ➖
    MCGINLEY, John Lawson resigned
    director
  10. 2022-03-16
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  11. 2021-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-08-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2021-08-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2021-08-01
    🔓
    Charge satisfied #2
  15. 2021-08-01
    🔓
    Charge satisfied #1
  16. 2021-03-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-08-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2018-08-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2017-09-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2016-09-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2016-04-19
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  22. 2015-10-27
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  23. 2015-08-01
    ➖
    DUNCAN, Evelyn Elizabeth resigned
    secretary
  24. 2015-08-01
    ➕
    MCGINLEY, John Lawson appointed
    secretary
  25. 2006-08-24
    🏢
    Company incorporated
    As IDTC LIMITED
  26. 2006-08-24
    ➕
    DUNCAN, Evelyn Elizabeth appointed
    director
  27. 2006-08-24
    ➕
    DUNCAN, Evelyn Elizabeth appointed
    secretary
  28. 2006-08-24
    ➕
    MCGINLEY, John Lawson appointed
    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 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

88/100
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 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Evelyn Elizabeth Duncan
Individual · British · DOB 03/1961 · age 65
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016
1 historic (ceased) PSC
  • Mr John Lawson Mcginleyceased 31/03/2023· 25-50% shares · 25-50% voting

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

Similar companies

Active · Education & training · KY postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
FALKLAND STEWARDSHIP TRUST→
SC370935 · est 2010 · no financials extracted
————16y8382y
LITTLE BEEHIVE NURSERY (KIRKCALDY) LTD→
SC378939 · est 2010
———220015y8362y
LITTLE BEEHIVE NURSERY (MONTROSE) LTD→
SC330672 · est 2007
———170018y8362y
LITTLE BEEHIVE NURSERY (NEWPORT-ON-TAY) LTD→
SC286538 · est 2005
———180020y8362y
NEW PARK EDUCATIONAL TRUST LIMITED→
SC028957 · est 1952 · no financials extracted
————73y8383y
MORE THAN TRAINING LIMITED→
SC307708 · est 2006
——£22.5k—19y8275y
BALBIRNIE FITNESS CENTRE LTD.→
SC237084 · est 2002
———110023y8162y
CAMILLA TRAINING ASPECTS LIMITED→
SC269558 · est 2004
——£1.24M—21y8170y
EAST NEUK CENTRE TRUST→
SC383368 · est 2010 · no financials extracted
————15y8178y
FORTH PILGRIM! LTD→
SC316504 · est 2007
——£398—19y8172y
CHRYSALIS PROFESSIONAL DEVELOPMENT LIMITED→
SC311579 · est 2006
——£6.5k—19y8070y
LADIES BLETHERS CIC→
SC857876 · est 2025 · no financials extracted
———————
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
Typeltd
Incorporated2006-08-24
Jurisdictionscotland
Primary SIC85590 — Other education n.e.c.

Registered office

Tinto Cottage
1 Hunter Street
Kirkcaldy
Fife
KY1 1ED

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-07
Last: 2025-08-24

Officers (1 active · 3 resigned)

DUNCAN, Evelyn Elizabeth→
director · ~65y · appointed 2006-08-24
View their other companies + combined net worth →
Active
DUNCAN, Evelyn Elizabeth→
secretary · appointed 2006-08-24 · resigned 2015-08-01
Resigned
MCGINLEY, John Lawson→
secretary · appointed 2015-08-01 · resigned 2023-03-31
Resigned
MCGINLEY, John Lawson→
director · ~62y · appointed 2006-08-24 · resigned 2023-03-31
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property19/04/201601/08/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—27/10/201501/08/2021

Recent filings (56 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-05-02
termination-secretary-company-with-name-termination-date
officers · TM02
2023-05-02
termination-director-company-with-name-termination-date
officers · TM01
2023-05-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-24
change-account-reference-date-company-current-extended
accounts · AA01
2022-03-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-24
mortgage-satisfy-charge-full
mortgage · MR04
2021-08-01