CANVAS HOLIDAYS LIMITED
🌳Matureactive
00991430 · ltd · incorporated 1970-10-12
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£-4.21M
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Travel agency activities
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (65/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
13 live charges · 7 lenders · oldest 42.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 42.6 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
38 officers (2 active, 38 linked, 32 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
241 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.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £4,212,000
Net assets shrinking
Down £6,468,000 YoY
Cash draining
Cash down 96% YoY
Cash YoY
-96%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£29k
↓ 96% YoY
Net Worth
-£4.2m
↓ 287% YoY
Current Assets
£3.5m
↓ 67% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £-4.21M | £2.26M |
| Current assets | £3.47M | £10.64M |
| Cash | £29.0k | £659.0k |
| Debtors | £3.44M | £9.98M |
| Net assets | £-4.21M | £2.26M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (114 events)Click to expand
- 2025-06-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-31➖DEPRAETERE, Stijn Hendrik Marc resigneddirector
- 2024-10-16➕MANCEAU, Sebastien appointeddirector
- 2024-10-16➕TREMIOLLES, Philippe De appointeddirector
- 2024-08-01📄legacyother · GUARANTEE2
- 2024-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-16➕DEPRAETERE, Stijn Hendrik Marc appointeddirector
- 2024-01-16➖MARSH, Darren Paul resigneddirector
- 2023-06-12📄accounts-amended-with-accounts-type-fullaccounts · AAMD
- 2023-06-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-30📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-02-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-23➖KIBALI, Tarik resigneddirector
- 2023-02-23➕MARSH, Darren Paul appointeddirector
- 2022-05-19📄accounts-with-accounts-type-fullaccounts · AA
- 2022-01-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2021-09-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-09-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-09-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-09-27🔓Charge satisfied #13
- 2021-09-27🔓Charge satisfied #12
- 2021-09-27🔓Charge satisfied #11
- 2021-06-01📄accounts-with-accounts-type-fullaccounts · AA
- 2019-06-13➕KIBALI, Tarik appointeddirector
- 2019-06-13➖TIMMERMANS, Philip resigneddirector
- 2019-04-15➖MAHOUIN, Philippe Jean Michel resigneddirector
- 2019-02-01➕TIMMERMANS, Philip appointeddirector
- 2018-03-30➖CLARKE, Peter resigneddirector
- 2018-03-30➕MAHOUIN, Philippe Jean Michel appointeddirector
- 2017-06-16➕CLARKE, Peter appointeddirector
- 2017-06-16➖DEBIEZ, Carine resigneddirector
- 2017-02-07➕DEBIEZ, Carine appointeddirector
- 2017-02-07➖DONALD, James Gordon resigneddirector
- 2016-10-14➖ROBERTSON, Margaret Ann resigneddirector
- 2015-12-11➖ALLAN, Simon Tarn resigneddirector
- 2015-11-24➖GIBBONS, Alexander David resigneddirector
- 2015-11-06🔒Charge registered #13Lender: The Royal Bank of Scotland PLC
- 2015-05-20🔒Charge registered #12Lender: The Royal Bank of Scotland PLC
- 2015-04-16🔒Charge registered #11Lender: The Royal Bank of Scotland PLC
- 2014-12-19➖BANKES, Henry Francis John resignedsecretary
- 2013-10-14➕DONALD, James Gordon appointeddirector
- 2013-10-14➕GIBBONS, Alexander David appointeddirector
- 2011-10-31➖WHITAKER, John resigneddirector
- 2011-02-28➖ROGERSON, Ian Fraser resigneddirector
Showing most recent 50 of 114 events
Owner dependency
66/100
High — earn-out structure requiredMaterial 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 signalSome 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Canvas Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Canvas Holdings Limited
Corporate parent · holds 75-100% shares
⬇
CANVAS HOLIDAYS LIMITED
This company · 00991430
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 |
|---|---|---|---|---|
Canvas Holdings Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 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
Active · Leisure & entertainment · M postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AKAI LIVE LTD→ 16003404 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALPHA LEISURE AMUSEMENTS LTD→ 07899405 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| AMEER TRAVELLERS LIMITED→ 16780029 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANITA RYAN EVENTS LIMITED→ 16439165 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANOTHER KIND OF WORLD PRODUCTIONS LIMITED→ 14466715 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ANTHONY THE WITNESS LTD→ 15926911 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AP CHORAL LTD→ 16076678 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| APEX NUTRITION & PERFORMANCE LTD→ 14863278 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| APPLEBY CASTLE ENTERTAINMENT LIMITED→ 08610962 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AQIB FIAZ BOXING LTD→ 15721747 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AQUILIUM CLUB LIMITED→ 15250126 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARCHERTYPE EVENTS LIMITED→ 11100980 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated1970-10-12
Jurisdictionengland-wales
Primary SIC79110 — Travel agency activities
Registered office
One St Peter's Square
Manchester
M2 3DE
United Kingdom
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-11-26
Last: 2025-11-12
Officers (2 active · 36 resigned)
MANCEAU, Sebastien→
Activedirector · ~43y · appointed 2024-10-16
View their other companies + combined net worth →
TREMIOLLES, Philippe De→
Activedirector · ~59y · appointed 2024-10-16
View their other companies + combined net worth →
BANKES, Henry Francis John→
Resignedsecretary · appointed 2006-04-25 · resigned 2014-12-19
BANKES, Henry Francis John→
Resignedsecretary · appointed 2005-01-11 · resigned 2005-11-08
ELLES, George Douglas Bertram→
Resignedsecretary · resigned 1994-03-02
NASTA, Marius Ion→
Resignedsecretary · appointed 2005-11-02 · resigned 2006-04-25
NASTA, Marius Ion→
Resignedsecretary · appointed 2004-10-08 · resigned 2005-01-11
SHERRING, Philip Martin→
Resignedsecretary · appointed 1994-03-02 · resigned 2004-10-08
AILLES, Ian Simon→
Resigneddirector · ~61y · appointed 2008-08-01 · resigned 2010-12-17
ALLAN, Simon Tarn→
Resigneddirector · ~61y · appointed 2008-07-23 · resigned 2015-12-11
CARTER, Paul Andrew→
Resigneddirector · ~61y · appointed 2007-06-08 · resigned 2010-01-11
CLARKE, Peter→
Resigneddirector · ~51y · appointed 2017-06-16 · resigned 2018-03-30
CUTHBERT, David John Macgregor→
Resigneddirector · ~68y · resigned 2000-10-02
CUTHBERT, Malcolm James Macgregor→
Resigneddirector · ~67y · resigned 1994-08-08
DEBIEZ, Carine→
Resigneddirector · ~50y · appointed 2017-02-07 · resigned 2017-06-16
DEPRAETERE, Stijn Hendrik Marc→
Resigneddirector · ~51y · appointed 2024-01-16 · resigned 2024-10-31
DEUTSCH, Franz Markus→
Resigneddirector · ~60y · appointed 2004-10-08 · resigned 2006-10-26
DONALD, James Gordon→
Resigneddirector · ~60y · appointed 2013-10-14 · resigned 2017-02-07
ELLES, George Douglas Bertram→
Resigneddirector · ~74y · resigned 2005-01-31
GIAMALVA, Frank Peter→
Resigneddirector · ~72y · appointed 2006-03-01 · resigned 2007-01-08
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 | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 06/11/2015 | 27/09/2021 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 20/05/2015 | 27/09/2021 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 16/04/2015 | 27/09/2021 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 19/11/2002 | 15/10/2004 | |
| satisfied | Barclays Barclays Bank PLC | Mortgage | 1 property | 28/06/2002 | 26/11/2002 | |
| satisfied | Barclays Barclays Bank PLC | Mortgage | 1 property | 14/06/2002 | 26/11/2002 | |
| satisfied | Andrew C.Salvesen | Debenture | 1 property | 04/11/1992 | 12/06/2002 | |
| satisfied | Andrew C Salvesen | Debenture | 1 property | 04/11/1992 | 12/06/2002 | |
| satisfied | Andrew C Salvesen | Debenture | 1 property | 04/11/1992 | 12/06/2002 | |
| satisfied | Dunfermline Building Society. | Standard security | 1 property | 03/05/1991 | 12/06/2002 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Charge | 1 property | 02/10/1984 | 06/02/1993 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Mortgage | 1 property | 09/03/1984 | 12/06/2002 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 2 properties | 19/10/1983 | 10/11/1992 |
Recent filings (241 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-10
termination-director-company-with-name-termination-date
officers · TM01
2024-11-28
appoint-person-director-company-with-name-date
officers · AP01
2024-11-08
appoint-person-director-company-with-name-date
officers · AP01
2024-11-08
legacy
other · GUARANTEE2
2024-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-24
appoint-person-director-company-with-name-date
officers · AP01
2024-03-25
termination-director-company-with-name-termination-date
officers · TM01
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-10
accounts-amended-with-accounts-type-full
accounts · AAMD
2023-06-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-01
change-account-reference-date-company-current-shortened
accounts · AA01
2023-03-30
termination-director-company-with-name-termination-date
officers · TM01
2023-02-28