LIONCOURT PLC

⚰️Wound downliquidation
01710314 · plc · incorporated 1983-03-28
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
36/100
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What this business does
Primary activity: SIC 5510
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed low-transparency controlled group — structural issues outweigh the discount.

Opportunity 36/100 (watch), bankability 2/100. Strong seller-intent signal (78/100, director aged 75). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (100/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

9 live charges · 3 lenders · oldest 43.0y

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 43.0 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

Data confidence

Overall: low (49/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
no address, 1 SIC codes, incorporation date
75
Financials
No iXBRL financials extracted
0
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
36/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
2
Multiple red flags — proceed with caution.
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 (46 events)Click to expand
  1. 2018-07-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 1995-06-08
    ⚠️
    liquidation-compulsory-appointment-liquidator
    insolvency · 4.31
  3. 1994-10-13
    ⚠️
    liquidation-compulsory-winding-up-order
    insolvency · COCOMP
  4. 1994-07-28
    📄
    legacy
    officers · 288
  5. 1994-07-28
    📄
    legacy
    officers · 288
  6. 1994-07-01
    LEVIS, John Charles resigned
    director
  7. 1994-05-31
    LEWIS, Roland Peter appointed
    director
  8. 1994-04-07
    📄
    accounts-with-made-up-date
    accounts · AA
  9. 1994-03-21
    📄
    legacy
    officers · 288
  10. 1994-03-08
    FELD, Robert Philip resigned
    director
  11. 1994-02-11
    📄
    legacy
    officers · 288
  12. 1994-01-31
    BURNINGHAM, Derek appointed
    secretary
  13. 1994-01-28
    BUCHAN, Charles James resigned
    secretary
  14. 1994-01-16
    📄
    legacy
    annual-return · 363s
  15. 1993-09-16
    📄
    legacy
    mortgage · 403a
  16. 1993-09-16
    🔓
    Charge satisfied #4
  17. 1993-08-16
    📄
    legacy
    officers · 288
  18. 1993-08-05
    BUCHAN, Charles James appointed
    secretary
  19. 1993-08-05
    DOWNHAM, David William resigned
    secretary
  20. 1993-06-16
    📄
    legacy
    officers · 288
  21. 1993-01-20
    📄
    legacy
    annual-return · 363s
  22. 1992-10-15
    📄
    accounts-with-made-up-date
    accounts · AA
  23. 1992-03-09
    📄
    legacy
    annual-return · 363b
  24. 1992-03-05
    📄
    memorandum-articles
    incorporation · MEM/ARTS
  25. 1992-03-05
    📄
    resolution
    resolution · RESOLUTIONS
  26. 1992-01-08
    📄
    legacy
    mortgage · 403a
  27. 1992-01-08
    🔓
    Charge satisfied #1
  28. 1991-11-27
    📄
    legacy
    mortgage · 395
  29. 1991-11-27
    📄
    legacy
    mortgage · 395
  30. 1991-11-26
    📄
    legacy
    mortgage · 395
  31. 1991-11-26
    📄
    legacy
    officers · 288
  32. 1991-11-26
    🔒
    Charge registered #9
    Lender: The Prudential Assurance Company Limited
  33. 1991-11-18
    🔒
    Charge registered #8
    Lender: National Westminster Bank PLC
  34. 1991-11-15
    📄
    legacy
    mortgage · 395
  35. 1991-11-15
    📄
    legacy
    mortgage · 395
  36. 1991-11-06
    🔒
    Charge registered #7
    Lender: National Westminster Bank PLC
  37. 1991-11-06
    🔒
    Charge registered #6
    Lender: National Westminster Bank PLC
  38. 1991-11-06
    🔒
    Charge registered #5
    Lender: National Westminster Bank PLC
  39. 1991-10-09
    📄
    accounts-with-made-up-date
    accounts · AA
  40. 1990-09-05
    🔓
    Charge satisfied #3
  41. 1990-09-05
    🔓
    Charge satisfied #2
  42. 1984-04-26
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  43. 1984-01-18
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  44. 1984-01-18
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  45. 1983-06-28
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  46. 1983-03-28
    🏢
    Company incorporated
    As LIONCOURT PLC

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 43 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high · 1 med · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 1994-11-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2017-01-30

Company in liquidation
high

Company is actively being wound up. Not a going concern.

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 1995-06-08: liquidation-compulsory-appointment-liquidator; 1994-10-13: liquidation-compulsory-winding-up-order

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.

5 live charges
low

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

🔒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

14 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.

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Company details

Statusliquidation
Typeplc
Incorporated1983-03-28
Jurisdictionengland-wales
Primary SIC5510 — SIC 5510

Registered office

Resort House
Edward Street
Brighton
East Sussex, Bn2 2hw

Filing status

Accounts
Next due: 1994-11-30OVERDUE
Last made up to: 1993-04-30
Confirmation statement
Next due: 2017-01-30OVERDUE
Last:

Officers (2 active · 4 resigned)

BURNINGHAM, Derek
secretary · appointed 1994-01-31
View their other companies + combined net worth →
Active
LEWIS, Roland Peter
director · ~75y · appointed 1994-05-31
View their other companies + combined net worth →
Active
BUCHAN, Charles James
secretary · appointed 1993-08-05 · resigned 1994-01-28
Resigned
DOWNHAM, David William
secretary · resigned 1993-08-05
Resigned
FELD, Robert Philip
director · ~73y · resigned 1994-03-08
Resigned
LEVIS, John Charles
director · ~80y · resigned 1994-07-01
Resigned

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

Mortgages & charges

9
Total charges
5
Outstanding
2
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
outstanding
The Prudential Assurance Company
The Prudential Assurance Company Limited
Trust deed1 property26/11/1991
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property18/11/1991
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property06/11/1991
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property06/11/1991
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property06/11/1991
satisfied
Barclays
Barclays Bank PLC
Legal charge2 properties26/04/198416/09/1993
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property18/01/198405/09/1990
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property18/01/198405/09/1990
satisfied
Barclays
Barclays Bank PLC
Debenture1 property28/06/198308/01/1992
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (53 total)

gazette-notice-compulsory
gazette · GAZ1
2018-07-10
liquidation-compulsory-appointment-liquidator
insolvency · 4.31
1995-06-08
liquidation-compulsory-winding-up-order
insolvency · COCOMP
1994-10-13
legacy
officers · 288
1994-07-28
legacy
officers · 288
1994-07-28
accounts-with-made-up-date
accounts · AA
1994-04-07
legacy
officers · 288
1994-03-21
legacy
officers · 288
1994-02-11
legacy
annual-return · 363s
1994-01-16
legacy
mortgage · 403a
1993-09-16
legacy
officers · 288
1993-08-16
legacy
officers · 288
1993-06-16
legacy
annual-return · 363s
1993-01-20
accounts-with-made-up-date
accounts · AA
1992-10-15
legacy
annual-return · 363b
1992-03-09