TRANSFORMATION TEAM TRAINING LIMITED

💤Zombieactive
SC540570 · ltd · incorporated 2016-07-19
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 Jul 2025
Net worth
£39.8k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (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 -97% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

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 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
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
Positive net assets
Net assets £39,838
Cash draining
Cash down 97% YoY
Cash YoY
-97%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
↓ 97% YoY
Net Worth
£40k
↑ 32% YoY
Current Assets
£48k
↑ 15% YoY
Current Liabilities
—
£0£10k£19k£29k£39k£48kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Total assets£41.2k£33.7k
Current assets£48.5k£42.1k
Cash£1.4k£42.1k
Debtors£47.1k—
Net assets£39.8k£30.3k

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. 2025-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-08-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-01-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2020-09-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-04-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-06-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2018-06-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2018-06-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2018-06-01
    ➖
    EELES, Simon resigned
    director
  14. 2018-03-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-08-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2016-07-19
    🏢
    Company incorporated
    As TRANSFORMATION TEAM TRAINING LIMITED
  17. 2016-07-19
    ➕
    SULLIVAN, Ryan James appointed
    director
  18. 2016-07-19
    ➕
    EELES, Simon appointed
    director
  19. 2016-07-19
    📄
    incorporation-company
    incorporation · NEWINC

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

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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
NameSharesVoting rightsNature of controlNotified
Mr Ryan James Sullivan
Individual · British · DOB 05/1992 · age 34
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence19/07/2016
1 historic (ceased) PSC
  • Mr Simon Eelesceased 01/06/2018· 25-50% shares · 25-50% voting · board control · significant influence

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

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BIGGAR MUSEUM TRUST→
SC398044 · est 2011
——£2.14M—15y8377y
THE BIGGAR ALBION FOUNDATION LIMITED→
SC214838 · est 2001
——£462.7k—25y8370y
CHAMPIONS LEAGUE FOOTBALL LIMITED→
SC167752 · est 1996
——£234.5k—29y8271y
ON SITE AUDIO VISUAL SERVICES LIMITED→
SC269886 · est 2004
——£346.2k—21y8267y
PHOTOFLASH TRAVEL LTD.→
SC386666 · est 2010
——£431.8k—15y8263y
R. & F. WILMOT LTD.→
SC262419 · est 2004
———70022y8260y
BIGGAR & DISTRICT COMMUNITY HERITAGE LIMITED→
SC281826 · est 2005
——£12.3k—21y8180y
LOTHIAN CAR CLUB (EDINBURGH) LIMITED (THE)→
SC026550 · est 1948
——£39.0k—77y8171y
STAY ON THE SLOPES LTD→
SC865353 · est 2025 · no financials extracted
———————
THE PILATES PROJECT LIMITED→
SC834382 · est 2025 · no financials extracted
————1y——
TRAVEL AND BEYOND LTD→
SC734663 · est 2022 · no financials extracted
————3y——
TRAVEL D.S. LTD→
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————19y——
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
Incorporated2016-07-19
Jurisdictionscotland
Primary SIC93130 — Fitness facilities

Registered office

50 Whitecraigs Crescent
Hamilton
ML3 8SN
Scotland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-01
Last: 2025-07-18

Officers (1 active · 1 resigned)

SULLIVAN, Ryan James→
director · ~34y · appointed 2016-07-19
View their other companies + combined net worth →
Active
EELES, Simon→
director · ~44y · appointed 2016-07-19 · resigned 2018-06-01
Resigned

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

Recent filings (24 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-01