SEA AIR AND LAND TRAINING (SALT) SERVICES LTD
- · Oldest live charge 11.7y old — refinance window within 12 months
Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
Refinance opportunity
1 live charge · oldest 11.7y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 11.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £-10.6k | £-3.8k |
| Current assets | £10.4k | £11.2k |
| Cash | £2.3k | £395 |
| Debtors | £8.1k | £10.8k |
| Net assets | £-10.6k | £-3.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (29 events)Click to expand
- 2026-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-01-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-01-25🔓Charge satisfied #1
- 2021-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-04-02📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2019-03-28📄resolutionresolution · RESOLUTIONS
- 2019-02-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-02-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2019-02-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2019-02-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-01-31➕CLARK, Melanie Christina appointeddirector
- 2019-01-31➕CLARK, Neil David appointeddirector
- 2019-01-31➖WYNN, Gareth Mcdonald resigneddirector
- 2014-09-03🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2013-07-08🏢Company incorporatedAs SEA AIR AND LAND TRAINING (SALT) SERVICES LTD
- 2013-07-08➕COSEC LIMITED appointedcorporate-secretary
- 2013-07-08➖COSEC LIMITED resignedcorporate-secretary
- 2013-07-08➕MCMEEKIN, James Stuart appointeddirector
- 2013-07-08➖MCMEEKIN, James Stuart resigneddirector
- 2013-07-08➕WYNN, Gareth Mcdonald appointeddirector
- 2013-07-08➕COSEC LIMITED appointedcorporate-director
- 2013-07-08➖COSEC LIMITED resignedcorporate-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanGroup structure
Ihf Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ihf Limited Corporate entity | 75–100% | — | 75-100% shares | 31/01/2019 |
1 historic (ceased) PSC
- Construction & Property Recruitment Limitedceased 31/01/2019· 75-100% shares · 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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.
See pricing →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
Registered office
Filing status
Officers (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 03/09/2014 | 25/01/2022 |