PRACTICAL FINANCIAL EXAMS LIMITED
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 (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £9.2k | £21.7k |
| Current assets | £25.8k | £37.2k |
| Cash | £16.5k | £18.1k |
| Debtors | £9.4k | £19.2k |
| Net assets | £9.2k | £21.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
- • 1 address
- • 1 address
- • 1 accounts
Corporate timeline (16 events)Click to expand
- 2026-03-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-18📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-12📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-08-31➖PASHLEY, Sheena Mcleod resignedsecretary
- 2022-10-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-01➕PASHLEY, Sheena Mcleod appointedsecretary
- 2021-10-01📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2020-05-04🏢Company incorporatedAs PRACTICAL FINANCIAL EXAMS LIMITED
- 2020-05-04➕PASHLEY, Michaela Alana appointeddirector
- 2020-05-04📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Michaela Alana Pashley Individual · British · DOB 10/1988 · age 38 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 04/05/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CAIRNDOW COMMUNITY CHILDCARE LIMITED→ SC276132 · est 2004 | — | — | £1.66M | — | 21y | 83 | 66y |
| IONAD CHALUIM CHILLE ILE→ SC209046 · est 2000 · no financials extracted | — | — | — | — | 25y | 83 | 91y |
| ST COLUMBA'S DRIMNIN TRUST LIMITED→ SC289026 · est 2005 | — | — | £22.9k | — | 20y | 83 | 80y |
| THE ACTUAL REALITY TRUST→ SC211025 · est 2000 · no financials extracted | — | — | — | — | 25y | 83 | 73y |
| CARLI'S KINDERGARTEN LTD→ SC290076 · est 2005 | — | — | £49.5k | — | 20y | 82 | 73y |
| PROFESSIONAL DIVING ACADEMY LIMITED→ SC264798 · est 2004 | — | — | £309.0k | — | 22y | 82 | 71y |
| CO-ROINN GHAIDHLIG MHUILE AGUS IDHE (MULL & IONA GAELIC PARTNERSHIP)→ SC280109 · est 2005 · no financials extracted | — | — | — | — | 21y | 81 | 80y |
| ENGAGE RENFREWSHIRE→ SC120101 · est 1989 · no financials extracted | — | — | — | — | 36y | 81 | 68y |
| LEISURE EDUCATION→ SC087812 · est 1984 | — | — | £0 | — | 41y | 81 | 87y |
| PARKLEA ASSOCIATION BRANCHING OUT LTD.→ SC180646 · est 1997 · no financials extracted | — | — | — | — | 28y | 81 | 82y |
| RIVERSIDE RASCALS LIMITED→ SC656587 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| SHIFT UP DRIVING ACADEMY LTD→ SC840074 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 1 resigned)
Click a director name to see their full track record across all companies.