SCHOOL OF SNOWSPORTS LTD

💤Zombieactive
SC426265 · ltd · incorporated 2012-06-15
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 Jun 2025
Net worth
£-457.9k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Other sports activities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 75/100. 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 -35% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £457,892
Cash YoY
-35%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£356
↓ 35% YoY
Net Worth
-£458k
↓ 26% YoY
Current Assets
£5k
↓ 69% YoY
Current Liabilities
—
-£458k-£363k-£269k-£174k-£80k£15kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets£-457.9k£-363.8k
Current assets£4.6k£14.6k
Cash£356£545
Debtors£4.2k£14.0k
Net assets£-457.9k£-363.8k

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 (19 events)Click to expand
  1. 2025-10-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-08-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-03-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-09-21
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2019-09-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2019-02-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-09-19
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2018-09-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2018-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-08-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2012-06-20
    ➕
    TANNAHILL, Nicola appointed
    director
  17. 2012-06-20
    ➖
    TANNAHILL, Nicola resigned
    director
  18. 2012-06-15
    🏢
    Company incorporated
    As SCHOOL OF SNOWSPORTS LTD
  19. 2012-06-15
    ➕
    TANNAHILL, Nicola appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

58/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Miss Nicola Tannahill
Individual · British · DOB 05/1969 · age 57
75–100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest06/04/2016

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

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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
Typeltd
Incorporated2012-06-15
Jurisdictionscotland
Primary SIC93199 — Other sports activities

Registered office

14 Beinn Ghuilbinn
Aviemore
PH22 1LB
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-30
Last: 2025-07-16

Officers (1 active · 1 resigned)

TANNAHILL, Nicola→
director · ~57y · appointed 2012-06-20
View their other companies + combined net worth →
Active
TANNAHILL, Nicola→
director · ~66y · appointed 2012-06-15 · resigned 2012-06-20
Resigned

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

Recent filings (36 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-31