FDE TRAINING LIMITED

💤Zombieactive
SC646222 · ltd · incorporated 2019-11-05
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
£-14.9k
book net assets
Opportunity
76/100
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 76/100 (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 (73/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £14,932
Net assets shrinking
Down £37,938 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£15k
↓ 165% YoY
Current Assets
£167k
~ YoY
Current Liabilities
-£15k£22k£58k£95k£132k£168kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-10-312023-10-31
Total assets£8.7k£55.9k
Current assets£167.5k£168.5k
Net assets£-14.9k£23.0k

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-10-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-10-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2023-09-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2022-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-05-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2022-05-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2022-05-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2022-05-05
    FORDE, Shirley Anne resigned
    director
  12. 2021-09-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2021-09-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2021-09-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2021-09-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2021-09-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2021-09-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2021-09-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2021-08-31
    FORDE, Stephen James, Mr. appointed
    director
  20. 2021-08-31
    FORDE, Jessica Paige resigned
    director
  21. 2021-08-31
    FORDE, Shirley Anne appointed
    director
  22. 2021-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  23. 2021-07-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  24. 2020-08-31
    FORDE, Jessica Paige appointed
    director
  25. 2020-08-31
    FORDE, Shirley Anne resigned
    director
  26. 2020-08-31
    FORDE, Stephen James, Mr. resigned
    director
  27. 2019-11-05
    🏢
    Company incorporated
    As FDE TRAINING LIMITED
  28. 2019-11-05
    FORDE, Shirley Anne appointed
    director
  29. 2019-11-05
    FORDE, Stephen James, Mr. appointed
    director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • 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%
NameSharesVoting rightsNature of controlNotified
Mr. Stephen James Forde
Individual · British · DOB 01/1967 · age 59
75100%
75–100%board control75-100% shares · 75-100% voting · board control31/08/2021
4 historic (ceased) PSCs
  • Mrs Shirley Anne Fordeceased 05/05/2022· 25-50% shares · 25-50% voting
  • Ms Jessica Paige Fordeceased 31/08/2021· 75-100% shares · 75-100% voting
  • Mr. Stephen James Fordeceased 31/08/2020· 25-50% shares · 25-50% voting · board control
  • Mrs Shirley Anne Fordeceased 31/08/2020· 25-50% shares · 25-50% 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 · ML postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A & B EDUCATION LIMITED
SC159176 · est 1995
£76.7k30y8365y
ARDFERN LIMITED
SC323936 · est 2007
£625.3k19y8271y
MICROCOM (SCOTLAND) LIMITED
SC127233 · est 1990
£1.37M35y8277y
MICROCOM TRAINING LIMITED
SC126684 · est 1990
£695.3k35y8277y
QUALITAS INTERNATIONAL LIMITED
SC173499 · est 1997
£81.0k29y8259y
REGEN: FX YOUTH TRUST
SC315092 · est 2007 · no financials extracted
19y8165y
VERG LTD
SC359137 · est 2009
40017y8166y
CLYDEVALLEY KINDERGARTEN LIMITED
SC219513 · est 2001
1825y8058y
SPORTFLIGHT SCOTLAND LIMITED
SC308893 · est 2006
£10.1k19y8065y
THE SCOTTISH VOCATIONAL TRAINING FOUNDATION C.I.C.
SC102963 · est 1987 · no financials extracted
39y8069y
BIGGAR CORN EXCHANGE LTD
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GMD COMMUNITY SERVICES LTD
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£132.1k14y7959y
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
Incorporated2019-11-05
Jurisdictionscotland
Primary SIC85590 — Other education n.e.c.

Registered office

Yard 6 & 7 Benhar Road
Shotts
ML7 5BJ
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-05-30
Last: 2026-05-16

Officers (1 active · 4 resigned)

FORDE, Stephen James, Mr.
director · ~59y · appointed 2021-08-31
View their other companies + combined net worth →
Active
FORDE, Jessica Paige
director · ~24y · appointed 2020-08-31 · resigned 2021-08-31
Resigned
FORDE, Shirley Anne
director · ~59y · appointed 2021-08-31 · resigned 2022-05-05
Resigned
FORDE, Shirley Anne
director · ~59y · appointed 2019-11-05 · resigned 2020-08-31
Resigned
FORDE, Stephen James, Mr.
director · ~59y · appointed 2019-11-05 · resigned 2020-08-31
Resigned

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

Recent filings (34 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-13
gazette-filings-brought-up-to-date
gazette · DISS40
2023-10-03
gazette-notice-compulsory
gazette · GAZ1
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-16
termination-director-company-with-name-termination-date
officers · TM01
2022-05-16