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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£-14.9k
book net assets
Opportunity
76/100
Strong
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
33 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 accountsCash
—
Net Worth
-£15k
↓ 165% YoY
Current Assets
£167k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-08-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-03📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-09-26📄gazette-notice-compulsorygazette · GAZ1
- 2022-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-05-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-05-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-05-05➖FORDE, Shirley Anne resigneddirector
- 2021-09-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-09-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-09-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-09-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-09-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-09-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-09-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-08-31➕FORDE, Stephen James, Mr. appointeddirector
- 2021-08-31➖FORDE, Jessica Paige resigneddirector
- 2021-08-31➕FORDE, Shirley Anne appointeddirector
- 2021-07-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-25📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2020-08-31➕FORDE, Jessica Paige appointeddirector
- 2020-08-31➖FORDE, Shirley Anne resigneddirector
- 2020-08-31➖FORDE, Stephen James, Mr. resigneddirector
- 2019-11-05🏢Company incorporatedAs FDE TRAINING LIMITED
- 2019-11-05➕FORDE, Shirley Anne appointeddirector
- 2019-11-05➕FORDE, Stephen James, Mr. appointeddirector
Owner dependency
83/100
Critical — business is the founderThe 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 signalMultiple 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
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. Stephen James Forde Individual · British · DOB 01/1967 · age 59 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/08/2021 |
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| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AMMAZING LIMITED→ SC793131 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ELEMENT EDUCATION LTD→ SC838103 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| KB SCHOOL OF MOTORING LTD→ SC833919 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LANARKSHIRE RAPE CRISIS CENTRE→ SC297711 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| LIMITLESS GYMNASTICS LTD→ SC784438 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MOUSE VALLEY TRAINING LTD→ SC779424 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| NRS TRAINING SERVICES LTD→ SC585551 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| OCHO SPA & TRAINING ACADEMY LTD→ SC748776 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| PEACEFUL ALCHEMY LIMITED→ SC625772 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| PHANTOM'S LEGACY CIC→ SC687999 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| PLAY AWAY ELC LTD→ SC771854 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| PLAYBOTICS LTD→ SC850796 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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: 2026-05-30
Last: 2025-05-16
Officers (1 active · 4 resigned)
FORDE, Stephen James, Mr.→
Activedirector · ~59y · appointed 2021-08-31
View their other companies + combined net worth →
FORDE, Jessica Paige→
Resigneddirector · ~24y · appointed 2020-08-31 · resigned 2021-08-31
FORDE, Shirley Anne→
Resigneddirector · ~59y · appointed 2021-08-31 · resigned 2022-05-05
FORDE, Shirley Anne→
Resigneddirector · ~59y · appointed 2019-11-05 · resigned 2020-08-31
FORDE, Stephen James, Mr.→
Resigneddirector · ~59y · appointed 2019-11-05 · resigned 2020-08-31
Click a director name to see their full track record across all companies.
Recent filings (33 total)
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
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-01