ALTHAMS TRAVEL SERVICES LIMITED
🌳Matureactive
00042478 · ltd · incorporated 1894-11-16
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 91.1y old — refinance window within 12 months
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 Sept 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Travel agency activities
Sector: Administrative & support services
Investor take
PursueConservative operator with a 82-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (65/100, director aged 82). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (78/100).
🏦
Refinance opportunity
13 live charges · 2 lenders · oldest 91.1y
60/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 91.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: medium (65/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 8 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
144 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £832,652
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-09-30 |
|---|---|
| Profit before tax | £832.7k |
| Average employees | 222 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (59 events)Click to expand
- 2026-02-13📄accounts-with-accounts-type-fullaccounts · AA
- 2025-04-15📄change-person-director-company-with-change-dateofficers · CH01
- 2025-03-21📄accounts-with-accounts-type-fullaccounts · AA
- 2024-08-27➖MASON, Karen Blanche resignedsecretary
- 2024-08-27📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-08-27📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-30🔓Charge satisfied #13
- 2024-05-30🔓Charge satisfied #12
- 2024-05-30🔓Charge satisfied #11
- 2024-05-30🔓Charge satisfied #10
- 2024-05-30🔓Charge satisfied #9
- 2024-05-30🔓Charge satisfied #8
- 2024-05-30🔓Charge satisfied #7
- 2024-05-30🔓Charge satisfied #6
- 2024-03-26📄accounts-with-accounts-type-fullaccounts · AA
- 2023-08-11📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-07-01➕GARRETT, Michael Geoffrey appointeddirector
- 2023-03-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-31📄change-person-director-company-with-change-dateofficers · CH01
- 2023-03-28➖GRIFFIN, Jacqueline resigneddirector
- 2023-03-03📄accounts-with-accounts-type-fullaccounts · AA
- 2022-05-26📄accounts-with-accounts-type-fullaccounts · AA
- 2021-01-31➖KNAGG, Alfred David resigneddirector
- 2020-10-30🔒Charge registered #13Lender: Barclays Bank PLC
- 2020-10-30🔒Charge registered #12Lender: Barclays Bank PLC
- 2020-10-30🔒Charge registered #11Lender: Barclays Bank PLC
- 2020-10-30🔒Charge registered #10Lender: Barclays Bank PLC
- 2020-10-30🔒Charge registered #9Lender: Barclays Bank PLC
- 2020-10-30🔒Charge registered #8Lender: Barclays Bank PLC
- 2020-10-30🔒Charge registered #7Lender: Barclays Bank PLC
- 2020-10-30🔒Charge registered #6Lender: Barclays Bank PLC
- 2018-02-27➕MASON, Karen Blanche appointeddirector
- 2018-02-27➕MASON, Karen Blanche appointedsecretary
- 2018-01-25➖STARKIE, Edward Arthur resigneddirector
- 2016-11-09➖BALL, David Michael resignedsecretary
- 2015-05-27➕GRIFFIN, Jacqueline appointeddirector
- 2010-07-17🔓Charge satisfied #5
- 2009-07-06🔒Charge registered #5Lender: Barclays Bank PLC
- 2009-06-19🔓Charge satisfied #1
- 2000-11-29➕MCALLISTER, Alison Sandra appointeddirector
- 1996-12-21🔓Charge satisfied #4
Showing most recent 50 of 59 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 82 — succession pressure is live.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 132 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 · Leisure & entertainment · BB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ARTEMIS DESIGNS LTD→ 10921313 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BALMANSPORTS LTD→ 13559634 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BLACKBURN ROVERS WOMEN FOOTBALL CLUB LIMITED→ 12033373 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BLACKSTAR LONDON LIMITED→ 08002552 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| BLACKSTAR MANAGEMENT LONDON LIMITED→ 13812070 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BOWLAND BIKES C.I.C.→ 14313864 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BRUFC LTD→ 09518226 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| BURAQ TRAVEL LTD→ 13167172 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BURNLEY EMPIRE TRUST→ 11709561 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BURNLEY LEISURE AND CULTURE→ 08737838 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BURNLEY PLAY ASSOCIATION→ 05608695 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| CAKENCRUMBLE LTD→ 13461153 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated1894-11-16
Jurisdictionengland-wales
Primary SIC79110 — Travel agency activities
Registered office
Riverside Offices
Netherwood Road
Burnley
Lancs
BB10 2AN
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-06-25
Last: 2026-06-11
Officers (4 active · 6 resigned)
COOK, John Michael→
Activedirector · ~82y · appointed 1995-09-26
View their other companies + combined net worth →
GARRETT, Michael Geoffrey→
Activedirector · ~66y · appointed 2023-07-01
View their other companies + combined net worth →
MASON, Karen Blanche→
Activedirector · ~67y · appointed 2018-02-27
View their other companies + combined net worth →
MCALLISTER, Alison Sandra→
Activedirector · ~63y · appointed 2000-11-29
View their other companies + combined net worth →
BALL, David Michael→
Resignedsecretary · resigned 2016-11-09
MASON, Karen Blanche→
Resignedsecretary · appointed 2018-02-27 · resigned 2024-08-27
GRIFFIN, Jacqueline→
Resigneddirector · ~62y · appointed 2015-05-27 · resigned 2023-03-28
KAY, Peter Sellers→
Resigneddirector · ~98y · resigned 1995-09-20
KNAGG, Alfred David→
Resigneddirector · ~85y · resigned 2021-01-31
STARKIE, Edward Arthur→
Resigneddirector · ~86y · resigned 2018-01-25
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
0
Outstanding
0
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 30/10/2020 | 30/05/2024 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 30/10/2020 | 30/05/2024 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 30/10/2020 | 30/05/2024 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 30/10/2020 | 30/05/2024 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 30/10/2020 | 30/05/2024 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 30/10/2020 | 30/05/2024 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 30/10/2020 | 30/05/2024 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 30/10/2020 | 30/05/2024 | |
| satisfied | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 06/07/2009 | 17/07/2010 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 14/02/1996 | 21/12/1996 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 14/02/1996 | 21/12/1996 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 14/02/1996 | 21/12/1996 | |
| satisfied | Martins Bank Martins Bank Limited | Mortgage | 1 property | 05/06/1935 | 19/06/2009 |
Recent filings (144 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-18
accounts-with-accounts-type-full
accounts · AA
2026-02-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-03
change-person-director-company-with-change-date
officers · CH01
2025-04-15
accounts-with-accounts-type-full
accounts · AA
2025-03-21
termination-secretary-company-with-name-termination-date
officers · TM02
2024-08-27
change-person-director-company-with-change-date
officers · CH01
2024-08-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-08
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-30
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-30
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-30
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-30
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-30
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-30
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-30