CARTMEL STEEPLECHASES LIMITED
🌳Matureactive
00205702 · ltd · incorporated 1925-05-04
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 58.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Operation of sports facilities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 74/100 (strong), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 58.9y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 58.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
20 officers (3 active, 20 linked, 14 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
137 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
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (50 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-01-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-12-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-04-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-12-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-02-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-12-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-12-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-06-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-05-26➖PEAKE, Duncan Neil resigneddirector
- 2017-02-20📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2017-01-10📄legacyaccounts · PARENT_ACC
- 2017-01-10📄legacyother · AGREEMENT2
- 2017-01-10📄legacyother · GUARANTEE2
- 2016-06-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-12-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-09-22➕GIBB, Allen Joseph appointeddirector
- 2011-05-31➖RIDDING, Michael Ian resignedsecretary
- 2011-05-31➖RIDDING, Michael Ian resigneddirector
- 2011-04-30➖TAYLOR, Nigel Andrew resigneddirector
- 2010-12-20➕RIDDING, Michael Ian appointedsecretary
- 2010-12-20➖CURREY & CO resignedcorporate-secretary
- 2010-12-06➕PEAKE, Duncan Neil appointeddirector
- 2010-12-06➕RIDDING, Michael Ian appointeddirector
- 2007-06-03➖KNIGHT, Dickon Peter Richard resigneddirector
- 1998-03-31➕LADY CAVENDISH, Grania Mary, Right Honourable appointeddirector
- 1998-03-31➖WALLACE, David Clouston resignedsecretary
- 1998-03-31➕CURREY & CO appointedcorporate-secretary
- 1998-03-31➖CARDING, Noel Hazeldine, Lieutenant Colonel resigneddirector
- 1998-03-31➖FITZGERALD, Hugh James Brown resigneddirector
- 1998-03-31➖HODGSON, Terence Harold Henry, Colonel resigneddirector
- 1998-03-31➕KNIGHT, Dickon Peter Richard appointeddirector
- 1998-03-31➖PAIN, Davy Henry Stephen resigneddirector
- 1998-03-31➖PAIN, Horace Rollo Squarey, Lt General Sir resigneddirector
- 1998-03-31➕TAYLOR, Nigel Andrew appointeddirector
- 1998-03-31➖WALLACE, David Clouston resigneddirector
- 1998-03-31🔒Charge registered #2Lender: Hugh James Broun Fitzgerald
- 1995-04-24➕WALLACE, David Clouston appointedsecretary
- 1995-02-27➖BANNISTER, Thomas Harry John resignedsecretary
- 1993-12-01➖RILEY, Timothy Richard, Major resigneddirector
- 1993-11-08➕CARDING, Noel Hazeldine, Lieutenant Colonel appointeddirector
- 1993-11-08➕FITZGERALD, Hugh James Brown appointeddirector
- 1993-09-01➕BANNISTER, Thomas Harry John appointedsecretary
- 1993-09-01➖HODGSON, Terence Harold Henry, Colonel resignedsecretary
- 1993-07-23🔓Charge satisfied #1
- 1993-05-04➕HODGSON, Terence Harold Henry, Colonel appointedsecretary
- 1993-05-04➖RILEY, Timothy Richard, Major resignedsecretary
- 1967-09-05🔒Charge registered #1Lender: District Bank LTD.
- 1925-05-04🏢Company incorporatedAs CARTMEL STEEPLECHASES LIMITED
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 28 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 85 — succession pressure is live.
Succession & seller-readiness
85/100
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 85 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 101 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-06-22
Group structure
Cartmel Steeplechases (Holker) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Cartmel Steeplechases (Holker) Limited
Corporate parent · holds 75-100% shares
⬇
CARTMEL STEEPLECHASES LIMITED
This company · 00205702
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Cartmel Steeplechases (Holker) Limited Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| BARROW RUGBY FOOTBALL CLUB LIMITED(THE)→ 00246668 · est 1930 · no financials extracted | — | — | — | — | 96y | — | — |
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| BOING LIMITED→ 04676110 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| BOWLINGGREEN PADEL LIMITED→ 16788553 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRICE MUSIC LTD→ 13156913 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BURLEIGH GOLF LIMITED→ 14536391 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CARNFORTH RAILWAY STATION C.I.C.→ 16608530 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CASTLE IRONWORKS LIMITED→ 09530434 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| CATON GALA LIMITED→ 06774810 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| CERIANDCHRISENTERTAINMENTS LTD→ 11660535 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CHARLOTTE FOSTER DANCE LTD→ 14623969 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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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
Incorporated1925-05-04
Jurisdictionengland-wales
Primary SIC93110 — Operation of sports facilities
Registered office
Cavendish House
Kirkby In Furness
Cumbria
LA17 7UN
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-22OVERDUE
Last: 2025-06-08
Officers (3 active · 17 resigned)
CAVENDISH, Richard Hugh Baron, Lord→
Activedirector · ~85y
View their other companies + combined net worth →
GIBB, Allen Joseph→
Activedirector · ~60y · appointed 2011-09-22
View their other companies + combined net worth →
LADY CAVENDISH, Grania Mary, Right Honourable→
Activedirector · ~79y · appointed 1998-03-31
View their other companies + combined net worth →
BANNISTER, Thomas Harry John→
Resignedsecretary · appointed 1993-09-01 · resigned 1995-02-27
HODGSON, Terence Harold Henry, Colonel→
Resignedsecretary · appointed 1993-05-04 · resigned 1993-09-01
RIDDING, Michael Ian→
Resignedsecretary · appointed 2010-12-20 · resigned 2011-05-31
RILEY, Timothy Richard, Major→
Resignedsecretary · resigned 1993-05-04
WALLACE, David Clouston→
Resignedsecretary · appointed 1995-04-24 · resigned 1998-03-31
CURREY & CO→
Resignedcorporate-secretary · appointed 1998-03-31 · resigned 2010-12-20
CARDING, Noel Hazeldine, Lieutenant Colonel→
Resigneddirector · ~83y · appointed 1993-11-08 · resigned 1998-03-31
FITZGERALD, Hugh James Brown→
Resigneddirector · ~81y · appointed 1993-11-08 · resigned 1998-03-31
HODGSON, Terence Harold Henry, Colonel→
Resigneddirector · ~110y · resigned 1998-03-31
KNIGHT, Dickon Peter Richard→
Resigneddirector · ~69y · appointed 1998-03-31 · resigned 2007-06-03
PAIN, Davy Henry Stephen→
Resigneddirector · ~107y · resigned 1998-03-31
PAIN, Horace Rollo Squarey, Lt General Sir→
Resigneddirector · ~105y · resigned 1998-03-31
PEAKE, Duncan Neil→
Resigneddirector · ~67y · appointed 2010-12-06 · resigned 2017-05-26
RIDDING, Michael Ian→
Resigneddirector · ~69y · appointed 2010-12-06 · resigned 2011-05-31
RILEY, Timothy Richard, Major→
Resigneddirector · ~98y · resigned 1993-12-01
TAYLOR, Nigel Andrew→
Resigneddirector · ~73y · appointed 1998-03-31 · resigned 2011-04-30
WALLACE, David Clouston→
Resigneddirector · ~86y · resigned 1998-03-31
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Hugh James Broun Fitzgerald / Noel Hazeldine Carding / David Clouston Wallace / Davy Henry Stephen Pain | Secured loan stock trust deed | 1 property | 31/03/1998 | — | |
| satisfied | District Bank . District Bank LTD. | Mortgage | 1 property | 05/09/1967 | 23/07/1993 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (137 total)
accounts-with-accounts-type-dormant
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-19
accounts-with-accounts-type-dormant
accounts · AA
2025-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-26
accounts-with-accounts-type-dormant
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-09
accounts-with-accounts-type-dormant
accounts · AA
2022-04-26
accounts-with-accounts-type-dormant
accounts · AA
2021-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-09
accounts-with-accounts-type-dormant
accounts · AA
2021-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-18
accounts-with-accounts-type-dormant
accounts · AA
2019-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-13
accounts-with-accounts-type-dormant
accounts · AA
2018-12-20