LAKE DISTRICT LEISURE PURSUITS LIMITED
- · Thesis: well-run, low negotiation leverage
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 confirmation-statement
Corporate timeline (128 events)Click to expand
- 2025-11-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-13➕GILES, Richard Graham appointeddirector
- 2025-11-01➖DAVIS, Kirk Dyson resigneddirector
- 2025-09-25📄accounts-with-accounts-type-fullaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-fullaccounts · AA
- 2024-03-06➕DAVIS, Kirk Dyson appointeddirector
- 2024-03-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-01➖KELLETT, Ian resigneddirector
- 2024-02-15📄accounts-with-accounts-type-fullaccounts · AA
- 2023-12-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-14🔒Charge registered #32Lender: Glas Trust Corporation Limited
- 2023-12-14🔒Charge registered #31Lender: Glas Trust Corporation Limited
- 2023-07-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-06🔓Charge satisfied #30
- 2023-05-05📄accounts-with-accounts-type-fullaccounts · AA
- 2023-03-16📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-02-28📄gazette-notice-compulsorygazette · GAZ1
- 2022-12-21📄change-person-director-company-with-change-dateofficers · CH01
- 2022-11-10📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2021-08-13📄accounts-with-accounts-type-fullaccounts · AA
- 2021-01-11📄accounts-with-accounts-type-fullaccounts · AA
- 2020-09-04📄change-person-director-company-with-change-dateofficers · CH01
- 2019-05-24➕RICHARDS, Stephen appointeddirector
- 2019-03-31➖WATERWORTH, John Anthony resigneddirector
- 2018-06-30➕KELLETT, Ian appointeddirector
- 2018-06-29➖BULL, Ian Alan resigneddirector
- 2017-06-01🔒Charge registered #30Lender: Barclays Bank PLC (And Its Successors in Title and Permitted Transferees)
- 2017-04-24🔓Charge satisfied #29
- 2017-03-13➖CLARK, Michael Barry resigneddirector
- 2016-06-15➕BULL, Ian Alan appointeddirector
- 2016-03-31➖BREWSTER, Nigel David resigneddirector
- 2015-12-11➕ARCHIBOLD, Judith Ann appointedsecretary
- 2015-12-11➕WATERWORTH, John Anthony appointeddirector
- 2015-11-13🔒Charge registered #29Lender: The Royal Bank of Scotland PLC (And Its Successors in Title and Permitted Transferees)
- 2015-11-13🔓Charge satisfied #28
- 2015-11-12➖T & H SECRETARIAL SERVICES (PARK RESORTS) LIMITED resignedcorporate-secretary
- 2015-11-11➖BODEN, David resigneddirector
- 2015-11-11➖CASTLEDINE, Alan resigneddirector
- 2014-11-06➖VAUGHAN, David Frank resigneddirector
- 2013-10-01🔓Charge satisfied #27
- 2013-10-01🔓Charge satisfied #26
- 2013-10-01🔓Charge satisfied #24
- 2013-10-01🔓Charge satisfied #23
- 2013-10-01🔓Charge satisfied #22
- 2013-09-26➖A G SECRETARIAL LIMITED resignedcorporate-secretary
- 2013-09-26➕T & H SECRETARIAL SERVICES (PARK RESORTS) LIMITED appointedcorporate-secretary
- 2013-09-26🔒Charge registered #28Lender: Investec Bank PLC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- 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 ·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.
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 |
|---|---|---|---|---|
South Lakeland Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 28/12/2017 |
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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (3 active · 25 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Glas Trust Corporation Glas Trust Corporation Limited | A registered charge | 1 property | 14/12/2023 | — | |
| outstanding | Glas Trust Corporation Glas Trust Corporation Limited | A registered charge | 1 property | 14/12/2023 | — | |
| satisfied | Barclays Barclays Bank PLC (And Its Successors in Title and Permitted Transferees) | A registered charge | 1 property | 01/06/2017 | 06/07/2023 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC (And Its Successors in Title and Permitted Transferees) | A registered charge | 1 property | 13/11/2015 | 24/04/2017 | |
| satisfied | Investec Bank Investec Bank PLC | A registered charge | 2 properties | 26/09/2013 | 13/11/2015 | |
| satisfied | Irish Bank Resolution Corporation (In Special Liquidation) Irish Bank Resolution Corporation Limited (In Special Liquidation) | A registered charge | 1 property | 19/07/2013 | 01/10/2013 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | An omnibus guarantee and set-off agreement | 1 property | 15/09/2009 | 01/10/2013 | |
| satisfied | Nationwide Irish Nationwide Building Society | Legal charge | 1 property | 30/11/2007 | 10/08/2013 | |
| satisfied | Nationwide Irish Nationwide Building Society | Legal charge | 1 property | 30/11/2007 | 01/10/2013 | |
| satisfied | Nationwide Irish Nationwide Building Society | Legal charge | 1 property | 30/11/2007 | 01/10/2013 | |
| satisfied | Nationwide Irish Nationwide Building Society | Debenture | 1 property | 30/11/2007 | 01/10/2013 | |
| 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 accession | 1 property | 19/06/2006 | 15/12/2007 | |
| satisfied | Barclays Barclays Bank PLC (The Security Agent) as Agent and Trustee for the Secured Parties | A security agreement | 1 property | 17/03/2006 | 20/07/2006 | |
| satisfied | National Westminster Bank (The Security Trustee) National Westminster Bank PLC (The Security Trustee) | Amendment deed | 1 property | 16/09/2004 | 20/07/2006 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 22/11/2002 | 20/07/2006 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 22/11/2002 | 20/07/2006 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 22/11/2002 | 20/07/2006 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 22/11/2002 | 20/07/2006 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 22/11/2002 | 20/07/2006 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 22/11/2002 | 20/07/2006 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 22/11/2002 | 20/07/2006 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 22/11/2002 | 20/07/2006 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 21/03/1995 | 12/11/2002 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 31/12/1993 | 12/11/2002 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 31/12/1993 | 12/11/2002 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 31/12/1993 | 12/11/2002 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 31/12/1993 | 12/11/2002 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 2 properties | 31/12/1993 | 12/11/2002 | |
| satisfied | Williams & Glyns Bank Williams & Glyns Bank PLC | Deed | 1 property | 01/03/1984 | 25/10/2002 | |
| satisfied | Williams & Glyn's Bank Williams & Glyn's Bank LTD | Legal charge | 1 property | 22/02/1980 | 25/10/2002 | |
| satisfied | Williams & Glyn's Bank Williams & Glyn's Bank LTD | Legal charge | 1 property | 25/11/1977 | 30/10/2002 | |
| satisfied | Williams & Glyn's Bank | Debenture | 1 property | 13/12/1971 | 25/10/2002 |