STORY LEARNING LIMITED

💤Zombieactive
SC674993 · ltd · incorporated 2020-09-21
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 Sept 2024
Net worth
£-53.3k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Publishing of computer games
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (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: Cash flow review and working-capital discipline. Cash down -41% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

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, 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
3 officers (1 active, 3 linked, 3 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
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £53,276
Cash draining
Cash down 41% YoY
Cash YoY
-41%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£7k
↓ 41% YoY
Net Worth
-£53k
↓ 66% YoY
Current Assets
£7k
↓ 41% YoY
Current Liabilities
-£53k-£40k-£27k-£14k-£1k£12kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£-53.3k£-32.1k
Current assets£6.9k£11.8k
Cash£6.9k£11.8k
Net assets£-53.3k£-32.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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

Last 30 days
0
filings
Last 90 days
3
filings
  • 2 officers
  • 1 confirmation-statement
Last 180 days
3
filings
  • 2 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-03-03
    MCGLONE, Benedict Paul resigned
    director
  2. 2026-03-03
    MCGLONE, Jack Anthony Shane resigned
    director
  3. 2026-03-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-03-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-04-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-06-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-04-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2022-05-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-02-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2021-01-26
    MCGLONE, Benedict Paul appointed
    director
  12. 2021-01-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2021-01-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2021-01-21
    MCGLONE, Jack Anthony Shane appointed
    director
  15. 2021-01-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2020-09-21
    🏢
    Company incorporated
    As STORY LEARNING LIMITED
  17. 2020-09-21
    O'NEILL, Elizabeth appointed
    director
  18. 2020-09-21
    📄
    incorporation-company
    incorporation · NEWINC

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 60 — 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 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: MCGLONE, Benedict Paul resigned 2026-03-03; MCGLONE, Jack Anthony Shane resigned 2026-03-03

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Elizabeth O'Neill
Individual · British · DOB 07/1966 · age 60
75100%
75-100% shares17/02/2021
1 historic (ceased) PSC
  • Ms Elizabeth O'Neillceased 26/01/2021· 75-100% shares · 75-100% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2020-09-21
Jurisdictionscotland
Primary SIC58210 — Publishing of computer games

Registered office

26 Guardhouse Parade
Edinburgh
Midlothian
EH6 4EA
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-03-26
Last: 2026-03-12

Officers (1 active · 2 resigned)

O'NEILL, Elizabeth
director · ~60y · appointed 2020-09-21
View their other companies + combined net worth →
Active
MCGLONE, Benedict Paul
director · ~26y · appointed 2021-01-26 · resigned 2026-03-03
Resigned
MCGLONE, Jack Anthony Shane
director · ~28y · appointed 2021-01-21 · resigned 2026-03-03
Resigned

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

Recent filings (18 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-12
termination-director-company-with-name-termination-date
officers · TM01
2026-03-03
termination-director-company-with-name-termination-date
officers · TM01
2026-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-02-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-01-26