CABLE CHUTES II LIMITED

🌳Matureactive
00092308 · ltd · incorporated 1907-02-27
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£87.5k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Activities of amusement parks and theme parks
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: active trading company with strong profile and structurally messy structure.

Opportunity 76/100 (strong), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

8 live charges · 4 lenders · oldest 15.9y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 15.9 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (77/100)

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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
15 officers (3 active, 15 linked, 14 with DOB)
89
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
135 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
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £87,487

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£87k
Current Assets
£123k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-24
Total assets£87.5k
Current assets£122.5k
Net assets£87.5k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
  • 1 confirmation-statement
  • 1 accounts
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-12-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-12-16
    🔓
    Charge satisfied #2
  4. 2025-11-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-11-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-11-28
    🔒
    Charge registered #8
    Lender: Lombard North Central PLC
  7. 2025-11-28
    🔒
    Charge registered #7
    Lender: National Westminster Bank PLC
  8. 2025-04-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-04-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2025-04-01
    🔒
    Charge registered #6
    Lender: National Westminster Bank PLC
  11. 2025-04-01
    🔒
    Charge registered #5
    Lender: Lombard North Central PLC
  12. 2024-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2023-11-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-12-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-12-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2021-03-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2021-02-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2020-01-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-12-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2017-09-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2016-07-08
    🔒
    Charge registered #4
    Lender: Lombard North Central PLC
  22. 2016-06-10
    🔓
    Charge satisfied #3
  23. 2013-11-15
    CAM, David Edward resigned
    secretary
  24. 2012-08-03
    🔒
    Charge registered #3
    Lender: Lancashire County Council
  25. 2010-07-23
    🔒
    Charge registered #2
    Lender: Blackpool Borough Council
  26. 2010-07-09
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  27. 2008-09-01
    THOMPSON, Nicholas William Robert appointed
    director
  28. 2001-10-31
    THOMPSON, Nicholas William Robert resigned
    director
  29. 1994-12-15
    POWELL, Derek John resigned
    director
  30. 1994-08-31
    CAM, David Edward resigned
    director
  31. 1994-08-31
    CORFIELD, Anthony John resigned
    director
  32. 1994-08-31
    KENNEDY, Arthur resigned
    director
  33. 1994-08-31
    STONES, Peter John resigned
    director
  34. 1994-08-31
    THOMPSON, Barbara Joan resigned
    director
  35. 1994-08-31
    THOMPSON, Lilian Doris resigned
    director
  36. 1994-08-31
    THOMPSON, William Geoffrey resigned
    director
  37. 1994-08-31
    WESTGATE, Dudley Charles Salmon resigned
    director
  38. 1993-11-01
    POWELL, Derek John appointed
    director
  39. 1993-05-31
    SWINDLEHURST, Philip resigned
    director
  40. 1907-02-27
    🏢
    Company incorporated
    As CABLE CHUTES II LIMITED

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 119 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 · 1 low
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Peter James Bates
Individual · British · DOB 11/1958 · age 68
5075%
50-75% shares30/06/2016
Mrs Amanda Jean Thompson
Individual · British · DOB 09/1962 · age 64
25–50%25-50% voting06/04/2016

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 →

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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
Incorporated1907-02-27
Jurisdictionengland-wales
Primary SIC93210 — Activities of amusement parks and theme parks

Registered office

Ocean Boulevard
South Shore
Blackpool
Lancashire
FY4 1EZ

Filing status

Accounts
Next due: 2026-12-24
Last made up to: 2025-03-24
Confirmation statement
Next due: 2027-02-15
Last: 2026-02-01

Officers (3 active · 12 resigned)

GILJE, Fiona Carolyn
director · ~63y
View their other companies + combined net worth →
Active
THOMPSON, Amanda Jean
director · ~64y
View their other companies + combined net worth →
Active
THOMPSON, Nicholas William Robert
director · ~58y · appointed 2008-09-01
View their other companies + combined net worth →
Active
CAM, David Edward
secretary · resigned 2013-11-15
Resigned
CAM, David Edward
director · ~71y · resigned 1994-08-31
Resigned
CORFIELD, Anthony John
director · ~70y · resigned 1994-08-31
Resigned
KENNEDY, Arthur
director · ~102y · resigned 1994-08-31
Resigned
POWELL, Derek John
director · ~93y · appointed 1993-11-01 · resigned 1994-12-15
Resigned
STONES, Peter John
director · ~96y · resigned 1994-08-31
Resigned
SWINDLEHURST, Philip
director · ~82y · resigned 1993-05-31
Resigned
THOMPSON, Barbara Joan
director · ~87y · resigned 1994-08-31
Resigned
THOMPSON, Lilian Doris
director · ~123y · resigned 1994-08-31
Resigned
THOMPSON, Nicholas William Robert
director · ~58y · resigned 2001-10-31
Resigned
THOMPSON, William Geoffrey
director · ~90y · resigned 1994-08-31
Resigned
WESTGATE, Dudley Charles Salmon
director · ~79y · resigned 1994-08-31
Resigned

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

Mortgages & charges

8
Total charges
6
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Lombard North Central
Lombard North Central PLC
A registered charge1 property28/11/2025
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge1 property28/11/2025
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge01/04/2025
outstanding
Lombard North Central
Lombard North Central PLC
A registered charge01/04/2025
outstanding
Lombard North Central
Lombard North Central PLC
A registered charge08/07/2016
satisfied
Lancashire County Council
Composite guarantee and debenture1 property03/08/201210/06/2016
satisfied
Blackpool Borough Council
Debenture1 property23/07/201016/12/2025
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property09/07/2010
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (135 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-18
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-14