SEA AIR AND LAND TRAINING (SALT) SERVICES LTD

🌳Matureactive
SC454047 · ltd · incorporated 2013-07-08
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 11.7y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
£-10.6k
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Other education n.e.c.
Sector: Education
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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

85/100
ready

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.

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
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £10,636
Cash YoY
+490%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↑ 490% YoY
Net Worth
-£11k
↓ 177% YoY
Current Assets
£10k
↓ 7.2% YoY
Current Liabilities
-£11k-£6k-£2k£2k£7k£11kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
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.

🔒Filing-note intelligence

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

Last 30 days
0
filings
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 (29 events)Click to expand
  1. 2026-01-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  5. 2023-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-09-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-01-25
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2022-01-25
    🔓
    Charge satisfied #1
  9. 2021-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-03-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-04-02
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  13. 2019-03-28
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2019-02-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-02-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  16. 2019-02-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2019-02-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2019-01-31
    CLARK, Melanie Christina appointed
    director
  19. 2019-01-31
    CLARK, Neil David appointed
    director
  20. 2019-01-31
    WYNN, Gareth Mcdonald resigned
    director
  21. 2014-09-03
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  22. 2013-07-08
    🏢
    Company incorporated
    As SEA AIR AND LAND TRAINING (SALT) SERVICES LTD
  23. 2013-07-08
    COSEC LIMITED appointed
    corporate-secretary
  24. 2013-07-08
    COSEC LIMITED resigned
    corporate-secretary
  25. 2013-07-08
    MCMEEKIN, James Stuart appointed
    director
  26. 2013-07-08
    MCMEEKIN, James Stuart resigned
    director
  27. 2013-07-08
    WYNN, Gareth Mcdonald appointed
    director
  28. 2013-07-08
    COSEC LIMITED appointed
    corporate-director
  29. 2013-07-08
    COSEC LIMITED resigned
    corporate-director

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +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

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Ihf Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ihf Limited
Corporate parent · holds 75-100% shares
ultimate parent
SEA AIR AND LAND TRAINING (SALT) SERVICES LTD
This company · SC454047

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%
NameSharesVoting rightsNature of controlNotified
Ihf Limited
Corporate entity
75100%
75-100% shares31/01/2019
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.

🔒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 →

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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.

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
Incorporated2013-07-08
Jurisdictionscotland
Primary SIC85590 — Other education n.e.c.

Registered office

24a Ainslie Place
Edinburgh
EH3 6AJ
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-02-16
Last: 2026-02-02

Officers (2 active · 4 resigned)

CLARK, Melanie Christina
director · ~48y · appointed 2019-01-31
View their other companies + combined net worth →
Active
CLARK, Neil David
director · ~47y · appointed 2019-01-31
View their other companies + combined net worth →
Active
COSEC LIMITED
corporate-secretary · appointed 2013-07-08 · resigned 2013-07-08
Resigned
MCMEEKIN, James Stuart
director · ~59y · appointed 2013-07-08 · resigned 2013-07-08
Resigned
WYNN, Gareth Mcdonald
director · ~54y · appointed 2013-07-08 · resigned 2019-01-31
Resigned
COSEC LIMITED
corporate-director · appointed 2013-07-08 · resigned 2013-07-08
Resigned

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
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge03/09/201425/01/2022

Recent filings (47 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-09
mortgage-satisfy-charge-full
mortgage · MR04
2022-01-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-02