MOUNTAIN ASSURANCE LTD

💤Zombieactive

SC582225 · ltd · incorporated 2017-11-22

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 Feb 2025

Net worth

£3

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: Sports and recreation education

Sector: Education

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: 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 (58/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (1 active, 2 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

31 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £3

Cash YoY

+14150%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£1k

↑ 14150% YoY

Net Worth

£3

↑ 200% YoY

Current Assets

£9k

↑ 11% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-02-28	2024-02-29
Total assets	£3.3k	£5.1k
Current assets	£9.4k	£8.4k
Cash	£1.4k	£10
Debtors	£8.0k	£8.4k
Net assets	£3	£1

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

filings

Last 90 days

filings

Last 180 days

filings

• 2 officers
• 2 persons-with-significant-control
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2025-12-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-17
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-17
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-24
📍
move-registers-to-sail-company-with-new-address
address · AD03
2022-03-23
📍
change-sail-address-company-with-new-address
address · AD02
2021-09-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-08
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-05-25
📄
change-person-director-company-with-change-date
officers · CH01
2019-05-25
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-03-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-11-26
📄
capital-allotment-shares
capital · SH01
2018-11-26
📄
capital-allotment-shares
capital · SH01
2017-11-23
➕
THACKER, James Robert appointed
director
2017-11-22
🏢
Company incorporated
As MOUNTAIN ASSURANCE LTD
2017-11-22
➕
THACKER, James Robert appointed
director
2017-11-22
➖
THACKER, James Robert resigned
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

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 · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr James Robert Thacker Individual · British · DOB 12/1978 · age 48	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	23/11/2017

1 historic (ceased) PSC

James Robert Thackerceased 22/11/2017· 75-100% shares · 75-100% voting · board control

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 →

Similar companies

Active · Education & training · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A B C CHILDREN'S SERVICES LIMITED→ SC229641 · est 2002	—	—	—	1600	24y	82	70y
IMPACT TRAINING SOLUTIONS LTD.→ SC254646 · est 2003	—	—	£967.8k	—	22y	82	69y
MINDSTRETCHERS LTD.→ SC183027 · est 1998	—	—	—	800	28y	82	64y
NEVIS BANK NURSERY LIMITED→ SC165294 · est 1996	—	—	£237.5k	—	29y	82	69y
XL TRAINING (SCOTLAND) LIMITED→ SC258761 · est 2003	—	—	£17.6k	—	22y	82	61y
RHET PERTH & KINROSS COUNTRYSIDE INITIATIVE→ SC257016 · est 2003	—	—	£9.3k	—	22y	81	76y
PUSH (PERTH & KINROSS) LIMITED→ SC229409 · est 2002 · no financials extracted	—	—	—	—	24y	80	71y
COUNTRYSIDE LEARNING SCOTLAND→ SC326213 · est 2007	—	—	—	700	18y	79	75y
IF ONLY TRAINING & CONSULTANCY LIMITED→ SC500215 · est 2015	—	—	£6.6k	—	11y	79	60y
AVIEMORE AND GLENMORE COMMUNITY TRUST→ SC578898 · est 2017	—	—	£118.3k	—	8y	78	74y
CLAIRE WARDEN LIMITED→ SC422739 · est 2012	—	—	—	100	14y	78	64y
LIVING CLASSROOMS C.I.C.→ SC382632 · est 2010 · no financials extracted	—	—	—	—	15y	—	—

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

Incorporated2017-11-22

Jurisdictionscotland

Primary SIC85510 — Sports and recreation education

Registered office

4 Hillside Avenue

Kingussie

PH21 1PA

Scotland

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2026-12-05

Last: 2025-11-21

Officers (1 active · 1 resigned)

THACKER, James Robert→

director · ~48y · appointed 2017-11-23

View their other companies + combined net worth →

Active

THACKER, James Robert→

director · ~48y · appointed 2017-11-22 · resigned 2017-11-22

Resigned

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

Recent filings (31 total)

confirmation-statement-with-updates

confirmation-statement · CS01

2025-12-17

appoint-person-director-company-with-name-date

officers · AP01

2025-12-17

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2025-12-17

termination-director-company-with-name-termination-date

officers · TM01

2025-12-17

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2025-12-17

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-11-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-11-25

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-08-27

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-11-27

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-11-13

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-01-04

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-06-06

move-registers-to-sail-company-with-new-address

address · AD03

2022-03-24

change-sail-address-company-with-new-address

address · AD02

2022-03-23

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-12-31