AYRSHIRE TRAINING LTD

💤Zombieactive

SC770190 · ltd · incorporated 2023-05-23

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 · high confidence

Thesis has shifted recently — watch for confirmation.

· Lifecycle stage: early → zombie
· Investment thesis: growth_story → zombie_hold
· Filings: 10 → 11

Opportunity decay

drifting distress · 6-months

Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.

· Lifecycle stage drifting downward
· Currently "zombie"

What changed my view

Last 30 days

Mixed signals in the last 30 days — 1 improved, 1 worsened.

↓Lifecycle stage: early → zombie
·Investment thesis: growth_story → zombie_hold
↑Filings: 10 → 11

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 May 2025

Net worth

£100

book net assets

Opportunity

71/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other service activities n.e.c.

Sector: Other service activities

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. 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: high (82/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (1 active, 2 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

10 connected companies via shared directors

Filing history

11 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

71/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £100

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£100

~ YoY

Current Assets

£100

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-05-31	2024-05-31
Total assets	£100	£100
Current assets	£100	£100
Net assets	£100	£100

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

filings

Last 90 days

filings

• 1 confirmation-statement
• 1 accounts

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (11 events)Click to expand

2026-04-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-05-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-05-17
➖
WATT, Paul Raymond resigned
director
2024-05-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-05-17
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-05
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-12-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-12-04
➕
WATT, Paul Raymond appointed
director
2023-05-23
🏢
Company incorporated
As AYRSHIRE TRAINING LTD
2023-05-23
➕
REHMAN, Suhail appointed
director
2023-05-23
📄
incorporation-company
incorporation · NEWINC

Owner dependency

75/100

High — earn-out structure required

Material 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 signal

Some 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

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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Suhail Rehman Individual · British · DOB 04/1969 · age 57	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control · trust interest · firm interest	23/05/2023

1 historic (ceased) PSC

Mr Paul Raymond Wattceased 17/05/2024· 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 · Trade services · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MID GAVIN NURSERY LIMITED→ SC219812 · est 2001	£447.6k £335.7k–£559.5k	£692.7k	—	2100	25y	84	78y
ACTIVE ENERGY SOLUTIONS LTD.→ SC230311 · est 2002	—	—	£1.56M	—	24y	83	60y
ADVARIAN PROPERTIES LTD→ SC248314 · est 2003	—	—	£582.9k	—	23y	83	70y
AG (MANAGEMENT SERVICES) LTD→ SC339541 · est 2008	—	—	£3.09M	—	18y	83	59y
AMG WARRANTIES LIMITED→ SC265646 · est 2004	—	—	—	0	22y	83	74y
BELGICA UK LIMITED→ SC235052 · est 2002	—	—	£1.81M	—	23y	83	62y
BILL'S TOOL STORE LIMITED→ SC365221 · est 2009	—	—	—	1400	16y	83	58y
BLUE SQUARE OFFICES LTD.→ SC203991 · est 2000 · no financials extracted	—	—	—	—	26y	83	65y
CAMSCAFF LTD.→ SC253590 · est 2003	—	—	£556.7k	—	22y	83	61y
CENTRIFUGE MAINTENANCE SERVICES LIMITED→ SC173406 · est 1997	—	—	—	—	29y	83	63y
CHAPPELL WHISKY BROKERS LIMITED→ SC180651 · est 1997	—	—	£2.12M	—	28y	83	74y
CITY FACILITIES MANAGEMENT (DISTRIBUTION) LIMITED→ SC372968 · est 2010 · no financials extracted	—	—	—	—	16y	83	70y

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

Incorporated2023-05-23

Jurisdictionscotland

Primary SIC96090 — Other service activities n.e.c.

Registered office

1 Eagle Street

Craighall Business Park

Glasgow

G4 9XA

United Kingdom

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2027-06-03

Last: 2026-05-20

Officers (1 active · 1 resigned)

REHMAN, Suhail→

director · ~57y · appointed 2023-05-23

View their other companies + combined net worth →

Active

WATT, Paul Raymond→

director · ~34y · appointed 2023-12-04 · resigned 2024-05-17

Resigned

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

Recent filings (11 total)

confirmation-statement-with-updates

confirmation-statement · CS01

2026-05-27

accounts-with-accounts-type-dormant

accounts · AA

2026-04-29

confirmation-statement-with-updates

confirmation-statement · CS01

2025-05-27

accounts-with-accounts-type-dormant

accounts · AA

2025-05-23

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-05-20

termination-director-company-with-name-termination-date

officers · TM01

2024-05-17

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2024-05-17

confirmation-statement-with-updates

confirmation-statement · CS01

2023-12-05

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2023-12-05

appoint-person-director-company-with-name-date

officers · AP01

2023-12-05

incorporation-company

incorporation · NEWINC

2023-05-23