MORAY TRAINING CLUB LTD
💤Zombieactive
SC645565 · ltd · incorporated 2019-10-28
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 Oct 2024
Net worth
£-1.4k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Other retail sale not in stores, stalls or markets
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 93130Fitness facilities
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
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: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. 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, 2 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
4 officers (1 active, 4 linked, 4 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
23 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 · accounting standard not declaredNegative net assets
Liabilities exceed assets by £1,395
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£1k
↑ 60% YoY
Current Assets
£2k
↑ 136% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £15.7k | £18.2k |
| Current assets | £1.7k | £733 |
| Net assets | £-1.4k | £-3.5k |
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 (25 events)Click to expand
- 2025-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-19➖PUGH, Jordan Thomas resigneddirector
- 2023-10-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-05📄capital-allotment-sharescapital · SH01
- 2023-10-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-03➕PUGH, Jordan Thomas appointeddirector
- 2023-10-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-03-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-13➖TURNER, Lyubov resigneddirector
- 2022-08-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-24➕TURNER, Lyubov appointeddirector
- 2022-03-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-02-14➖TURNER, Lyubov resigneddirector
- 2021-11-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-06-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-09-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-04-16📄resolutionresolution · RESOLUTIONS
- 2019-11-01➕TURNER, Lyubov appointeddirector
- 2019-10-28🏢Company incorporatedAs MORAY TRAINING CLUB LTD
- 2019-10-28➕TURNER, Michael Keryl appointeddirector
- 2019-10-28📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo 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 Michael Keryl Turner Individual · British · DOB 05/1984 · age 42 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 28/10/2019 |
1 historic (ceased) PSC
- Mr Jordan Thomas Pughceased 19/01/2024· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Retail · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MJO WELLBEING SERVICES LTD→ SC808620 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MORAY LOCAL CIC→ SC661634 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| MRD DESIGN FLOORS LIMITED→ SC622252 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| MUTCH BETTER FOODS LIMITED→ SC247974 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| NAE BAD LIMITED→ SC656655 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| NORDUR LTD→ SC858774 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NORSCOT SEAFOODS LIMITED→ SC078781 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| NORTH ALBA HIGHLANDS LTD→ SC859999 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ORGANIC HIGHLANDS LIMITED→ SC730347 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ORGANIC SEA HARVEST HOLDINGS LIMITED→ SC366612 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| OSCAR & RALPH LTD→ SC682316 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| PAMPERED PETS (SCOTLAND) LIMITED→ SC669792 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2019-10-28
Jurisdictionscotland
Primary SIC47990 — Other retail sale not in stores, stalls or markets
Registered office
56 High Street
Entrance James Street
Lossiemouth
Moray
IV31 6AA
United Kingdom
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-09-13
Last: 2025-08-30
Officers (1 active · 3 resigned)
TURNER, Michael Keryl→
Activedirector · ~42y · appointed 2019-10-28
View their other companies + combined net worth →
PUGH, Jordan Thomas→
Resigneddirector · ~31y · appointed 2023-10-03 · resigned 2024-01-19
TURNER, Lyubov→
Resigneddirector · ~36y · appointed 2022-03-24 · resigned 2023-03-13
TURNER, Lyubov→
Resigneddirector · ~36y · appointed 2019-11-01 · resigned 2022-02-14
Click a director name to see their full track record across all companies.
Recent filings (23 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-29
termination-director-company-with-name-termination-date
officers · TM01
2024-03-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-23
capital-allotment-shares
capital · SH01
2023-10-05
appoint-person-director-company-with-name-date
officers · AP01
2023-10-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-03
termination-director-company-with-name-termination-date
officers · TM01
2023-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-02
appoint-person-director-company-with-name-date
officers · AP01
2022-03-24