LAKE DISTRICT LEISURE PURSUITS LIMITED

🌳Matureactive
00561422 · ltd · incorporated 1956-02-15
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
not disclosed
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 15 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

32 live charges · 15 lenders · oldest 54.5y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 54.5 years old — likely at or near maturity.
  • · 15 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

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
32 charges (32/32 with lender, 32/32 with type)
90
Directors & officers
28 officers (3 active, 28 linked, 22 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
247 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (128 events)Click to expand
  1. 2025-11-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2025-11-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-11-13
    GILES, Richard Graham appointed
    director
  4. 2025-11-01
    DAVIS, Kirk Dyson resigned
    director
  5. 2025-09-25
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2024-09-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2024-03-06
    DAVIS, Kirk Dyson appointed
    director
  8. 2024-03-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-03-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2024-03-01
    KELLETT, Ian resigned
    director
  11. 2024-02-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2023-12-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2023-12-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2023-12-14
    🔒
    Charge registered #32
    Lender: Glas Trust Corporation Limited
  15. 2023-12-14
    🔒
    Charge registered #31
    Lender: Glas Trust Corporation Limited
  16. 2023-07-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2023-07-06
    🔓
    Charge satisfied #30
  18. 2023-05-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2023-03-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  20. 2023-02-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  21. 2022-12-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2022-11-10
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  23. 2021-08-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  24. 2021-01-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  25. 2020-09-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  26. 2019-05-24
    RICHARDS, Stephen appointed
    director
  27. 2019-03-31
    WATERWORTH, John Anthony resigned
    director
  28. 2018-06-30
    KELLETT, Ian appointed
    director
  29. 2018-06-29
    BULL, Ian Alan resigned
    director
  30. 2017-06-01
    🔒
    Charge registered #30
    Lender: Barclays Bank PLC (And Its Successors in Title and Permitted Transferees)
  31. 2017-04-24
    🔓
    Charge satisfied #29
  32. 2017-03-13
    CLARK, Michael Barry resigned
    director
  33. 2016-06-15
    BULL, Ian Alan appointed
    director
  34. 2016-03-31
    BREWSTER, Nigel David resigned
    director
  35. 2015-12-11
    ARCHIBOLD, Judith Ann appointed
    secretary
  36. 2015-12-11
    WATERWORTH, John Anthony appointed
    director
  37. 2015-11-13
    🔒
    Charge registered #29
    Lender: The Royal Bank of Scotland PLC (And Its Successors in Title and Permitted Transferees)
  38. 2015-11-13
    🔓
    Charge satisfied #28
  39. 2015-11-12
    T & H SECRETARIAL SERVICES (PARK RESORTS) LIMITED resigned
    corporate-secretary
  40. 2015-11-11
    BODEN, David resigned
    director
  41. 2015-11-11
    CASTLEDINE, Alan resigned
    director
  42. 2014-11-06
    VAUGHAN, David Frank resigned
    director
  43. 2013-10-01
    🔓
    Charge satisfied #27
  44. 2013-10-01
    🔓
    Charge satisfied #26
  45. 2013-10-01
    🔓
    Charge satisfied #24
  46. 2013-10-01
    🔓
    Charge satisfied #23
  47. 2013-10-01
    🔓
    Charge satisfied #22
  48. 2013-09-26
    A G SECRETARIAL LIMITED resigned
    corporate-secretary
  49. 2013-09-26
    T & H SECRETARIAL SERVICES (PARK RESORTS) LIMITED appointed
    corporate-secretary
  50. 2013-09-26
    🔒
    Charge registered #28
    Lender: Investec Bank PLC
Showing most recent 50 of 128 events

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
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.

Group structure

South Lakeland Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
South Lakeland Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
LAKE DISTRICT LEISURE PURSUITS LIMITED
This company · 00561422

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%
NameSharesVoting rightsNature of controlNotified
South Lakeland Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control28/12/2017
1 historic (ceased) PSC
  • South Lakeland Holidays Limitedceased 28/12/2017· 75-100% shares · 75-100% 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated1956-02-15
Jurisdictionengland-wales
Primary SIC55900 — Other accommodation

Registered office

2nd Floor One Gosforth Park Way
Gosforth Business Park
Newcastle Upon Tyne
NE12 8ET
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-14
Last: 2025-11-30

Officers (3 active · 25 resigned)

ARCHIBOLD, Judith Ann
secretary · appointed 2015-12-11
View their other companies + combined net worth →
Active
GILES, Richard Graham
director · ~49y · appointed 2025-11-13
View their other companies + combined net worth →
Active
RICHARDS, Stephen
director · ~59y · appointed 2019-05-24
View their other companies + combined net worth →
Active
MC MILLAN, Elaine Helen
secretary · appointed 1998-06-19 · resigned 2002-11-22
Resigned
MORGAN, Adnan, Dr
secretary · resigned 1998-06-19
Resigned
ROSSITER, Paul
secretary · appointed 2002-11-22 · resigned 2008-03-25
Resigned
A G SECRETARIAL LIMITED
corporate-secretary · appointed 2008-03-25 · resigned 2013-09-26
Resigned
T & H SECRETARIAL SERVICES (PARK RESORTS) LIMITED
corporate-secretary · appointed 2013-09-26 · resigned 2015-11-12
Resigned
BODEN, David
director · ~70y · appointed 2013-09-24 · resigned 2015-11-11
Resigned
BREWSTER, Nigel David
director · ~64y · appointed 2013-09-24 · resigned 2016-03-31
Resigned
BULL, Ian Alan
director · ~65y · appointed 2016-06-15 · resigned 2018-06-29
Resigned
CASTLEDINE, Alan
director · ~78y · appointed 2013-09-24 · resigned 2015-11-11
Resigned
CLARK, Michael Barry
director · ~53y · appointed 2013-09-24 · resigned 2017-03-13
Resigned
DAVIS, Kirk Dyson
director · ~55y · appointed 2024-03-06 · resigned 2025-11-01
Resigned
DIXON, Beverley Jayne
director · ~57y · appointed 2006-06-16 · resigned 2008-06-03
Resigned
GASKELL, Ian David
director · ~61y · appointed 2006-06-16 · resigned 2008-06-03
Resigned
HODGSON, Graham Robert
director · ~66y · appointed 2002-11-22 · resigned 2008-06-13
Resigned
KELLETT, Ian
director · ~63y · appointed 2018-06-30 · resigned 2024-03-01
Resigned
MC MILLAN, Robert Alexander
director · ~69y · resigned 2002-11-22
Resigned
MORGAN, Adnan, Dr
director · ~88y · resigned 1998-04-01
Resigned

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

Mortgages & charges

32
Total charges
2
Outstanding
1
Active lenders
Status:Lender:32 of 32 shown
TypeProperties
outstanding
Glas Trust Corporation
Glas Trust Corporation Limited
A registered charge1 property14/12/2023
outstanding
Glas Trust Corporation
Glas Trust Corporation Limited
A registered charge1 property14/12/2023
satisfied
Barclays
Barclays Bank PLC (And Its Successors in Title and Permitted Transferees)
A registered charge1 property01/06/201706/07/2023
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC (And Its Successors in Title and Permitted Transferees)
A registered charge1 property13/11/201524/04/2017
satisfied
Investec Bank
Investec Bank PLC
A registered charge2 properties26/09/201313/11/2015
satisfied
Irish Bank Resolution Corporation (In Special Liquidation)
Irish Bank Resolution Corporation Limited (In Special Liquidation)
A registered charge1 property19/07/201301/10/2013
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
An omnibus guarantee and set-off agreement1 property15/09/200901/10/2013
satisfied
Nationwide
Irish Nationwide Building Society
Legal charge1 property30/11/200710/08/2013
satisfied
Nationwide
Irish Nationwide Building Society
Legal charge1 property30/11/200701/10/2013
satisfied
Nationwide
Irish Nationwide Building Society
Legal charge1 property30/11/200701/10/2013
satisfied
Nationwide
Irish Nationwide Building Society
Debenture1 property30/11/200701/10/2013
satisfied
Anglo Irish Bank Corporation (As Security Trustee for the Security Beneficiaries)
Anglo Irish Bank Corporation PLC (As Security Trustee for the Security Beneficiaries)
Deed of accession1 property19/06/200615/12/2007
satisfied
Barclays
Barclays Bank PLC (The Security Agent) as Agent and Trustee for the Secured Parties
A security agreement1 property17/03/200620/07/2006
satisfied
National Westminster Bank (The Security Trustee)
National Westminster Bank PLC (The Security Trustee)
Amendment deed1 property16/09/200420/07/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property22/11/200220/07/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property22/11/200220/07/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property22/11/200220/07/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property22/11/200220/07/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property22/11/200220/07/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property22/11/200220/07/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property22/11/200220/07/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property22/11/200220/07/2006
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property21/03/199512/11/2002
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property31/12/199312/11/2002
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property31/12/199312/11/2002
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property31/12/199312/11/2002
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property31/12/199312/11/2002
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge2 properties31/12/199312/11/2002
satisfied
Williams & Glyns Bank
Williams & Glyns Bank PLC
Deed1 property01/03/198425/10/2002
satisfied
Williams & Glyn's Bank
Williams & Glyn's Bank LTD
Legal charge1 property22/02/198025/10/2002
satisfied
Williams & Glyn's Bank
Williams & Glyn's Bank LTD
Legal charge1 property25/11/197730/10/2002
satisfied
Williams & Glyn's Bank
Debenture1 property13/12/197125/10/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (247 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-30
appoint-person-director-company-with-name-date
officers · AP01
2025-11-18
termination-director-company-with-name-termination-date
officers · TM01
2025-11-18
accounts-with-accounts-type-full
accounts · AA
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-04
accounts-with-accounts-type-full
accounts · AA
2024-09-30
appoint-person-director-company-with-name-date
officers · AP01
2024-03-06
termination-director-company-with-name-termination-date
officers · TM01
2024-03-05
accounts-with-accounts-type-full
accounts · AA
2024-02-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-06
accounts-with-accounts-type-full
accounts · AA
2023-05-05
gazette-filings-brought-up-to-date
gazette · DISS40
2023-03-16