FAIRWAY INTERNATIONAL TRAVEL LIMITED

🌳Matureactive

02665907 · ltd · incorporated 1991-11-26

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 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Travel agency activities

Sector: Administrative & support services

Investor take

Pursue

Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (80/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

7 live charges · 6 lenders · oldest 34.4y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 34.4 years old — likely at or near maturity.
· 6 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (72/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

14 officers (2 active, 14 linked, 8 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

2 connected companies via shared directors

Filing history

148 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-09-30
Average employees	1700

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (58 events)Click to expand

2026-03-25
📄
accounts-with-accounts-type-small
accounts · AA
2025-06-04
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-04
🔓
Charge satisfied #6
2025-05-19
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-16
🔒
Charge registered #7
Lender: Hsbc UK Bank PLC
2025-03-25
📄
accounts-with-accounts-type-small
accounts · AA
2024-03-07
📄
accounts-with-accounts-type-small
accounts · AA
2023-07-06
📄
change-person-director-company-with-change-date
officers · CH01
2023-02-21
📄
accounts-with-accounts-type-small
accounts · AA
2022-02-24
📄
accounts-with-accounts-type-small
accounts · AA
2021-05-18
📄
accounts-with-accounts-type-small
accounts · AA
2020-11-12
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-11-10
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-11-10
🔓
Charge satisfied #5
2020-11-06
🔒
Charge registered #6
Lender: Tc Loans (Cbils) Limited (as Security Trustee)
2020-10-02
📄
accounts-with-accounts-type-small
accounts · AA
2020-09-07
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-09-07
🔓
Charge satisfied #4
2019-12-10
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2019-12-10
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-10-07
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-10-02
🔒
Charge registered #5
Lender: Praetura Commercial Finance Limited
2019-05-08
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-05-08
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-09-20
➖
FLETCHER, Michael James resigned
director
2017-10-10
➖
LEAHY, Gerald John resigned
director
2016-12-21
➕
TANNAHILL, William Boyd appointed
director
2016-12-21
➖
WATSON, Howard Jeremy resigned
secretary
2016-12-21
➕
FLETCHER, Michael James appointed
director
2016-12-21
➕
LEAHY, Gerald John appointed
director
2016-12-21
➖
MARSDEN, Andrew Francis resigned
director
2016-12-21
🔒
Charge registered #4
Lender: Centric SPV1 Limited
2016-11-21
➖
WATSON, Howard Jeremy resigned
director
2016-07-26
🔓
Charge satisfied #2
2012-04-23
🔓
Charge satisfied #3
2012-02-20
➕
WATSON, Howard Jeremy appointed
secretary
2012-02-19
➖
MUFF, Alan Stephen resigned
secretary
2012-02-19
➖
MUFF, Alan Stephen resigned
director
2011-08-01
➕
WATSON, Howard Jeremy appointed
director
2004-11-17
➕
DIXON, Mark Ian appointed
director
2004-11-17
➕
MUFF, Alan Stephen appointed
secretary
2004-11-17
➖
WATSON, Howard Jeremy resigned
secretary
2004-11-17
➕
MARSDEN, Andrew Francis appointed
director
2002-04-03
➖
MUFF, Alan Stephen resigned
secretary
2002-04-03
➕
WATSON, Howard Jeremy appointed
secretary
2002-04-03
➖
GRICE, David resigned
director
1995-03-16
🔒
Charge registered #3
Lender: National Westminster Bank PLC
1994-05-19
🔓
Charge satisfied #1
1993-11-11
🔒
Charge registered #2
Lender: National Westminster Bank PLC
1992-03-03
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC

Showing most recent 50 of 58 events

Owner dependency

76/100

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.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

76/100

Likely off-market candidate

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 35 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

Fairway International Travel 2012 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Fairway International Travel 2012 Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

FAIRWAY INTERNATIONAL TRAVEL LIMITED

This company · 02665907

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
Fairway International Travel 2012 Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	21/12/2016

2 historic (ceased) PSCs

Incorporate Travel Management Limitedceased 21/12/2016· 75-100% shares · 75-100% voting · board control
Fairway International Travel 2012 Limitedceased 21/12/2016· 75-100% shares · 75-100% voting · board control · firm interest

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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ETHAN SALM COACHING LIMITED→ 15584332 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
EXTRACREDIT LTD→ 16805496 · est 2025 · no financials extracted	—	—	—	—	—	—	—
FLIGHT EXPLORER LTD→ 16786689 · est 2025 · no financials extracted	—	—	—	—	—	—	—
FOOTY 4 ALL CIC→ 15053724 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
FORE GOLF STUDIO LTD→ 16994511 · est 2026 · no financials extracted	—	—	—	—	—	—	—
FUN HOUSE PRODUCTIONS LIMITED→ 04191778 · est 2001 · no financials extracted	—	—	—	—	25y	—	—
G4 GRAPHICS LIMITED→ 05835413 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
GALACTIC GOLF LTD→ 12943936 · est 2020 · no financials extracted	—	—	—	—	5y	—	—

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

Incorporated1991-11-26

Jurisdictionengland-wales

Primary SIC79110 — Travel agency activities

Registered office

The Salt Warehouse

Sowerby Bridge

West Yorkshire

HX6 2AG

England

Filing status

Accounts

Next due: 2027-06-30

Last made up to: 2025-09-30

Confirmation statement

Next due: 2026-11-10

Last: 2025-10-27

Officers (2 active · 12 resigned)

DIXON, Mark Ian→

director · ~62y · appointed 2004-11-17

View their other companies + combined net worth →

Active

TANNAHILL, William Boyd→

director · ~47y · appointed 2016-12-21

View their other companies + combined net worth →

Active

MUFF, Alan Stephen→

secretary · appointed 2004-11-17 · resigned 2012-02-19

Resigned

MUFF, Alan Stephen→

secretary · appointed 1991-11-26 · resigned 2002-04-03

Resigned

WATSON, Howard Jeremy→

secretary · appointed 2012-02-20 · resigned 2016-12-21

Resigned

WATSON, Howard Jeremy→

secretary · appointed 2002-04-03 · resigned 2004-11-17

Resigned

ELK COMPANY SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 1991-11-26 · resigned 1991-11-26

Resigned

FLETCHER, Michael James→

director · ~52y · appointed 2016-12-21 · resigned 2018-09-20

Resigned

GRICE, David→

director · ~63y · appointed 1991-11-26 · resigned 2002-04-03

Resigned

LEAHY, Gerald John→

director · ~42y · appointed 2016-12-21 · resigned 2017-10-10

Resigned

MARSDEN, Andrew Francis→

director · ~62y · appointed 2004-11-17 · resigned 2016-12-21

Resigned

MUFF, Alan Stephen→

director · ~78y · appointed 1991-11-26 · resigned 2012-02-19

Resigned

WATSON, Howard Jeremy→

director · ~66y · appointed 2011-08-01 · resigned 2016-11-21

Resigned

ELK (NOMINEES) LIMITED→

corporate-nominee-director · appointed 1991-11-26 · resigned 1991-11-26

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:7 of 7 shown

		Type	Properties
outstanding	HSBC Hsbc UK Bank PLC	A registered charge	1 property	16/05/2025	—
satisfied	Tc Loans (Cbils) (as Security Trustee) Tc Loans (Cbils) Limited (as Security Trustee)	A registered charge	3 properties	06/11/2020	04/06/2025
satisfied	Praetura Commercial Finance Praetura Commercial Finance Limited	A registered charge	13 properties	02/10/2019	10/11/2020
satisfied	Centric SPV1 Centric SPV1 Limited	A registered charge	9 properties	21/12/2016	07/09/2020
satisfied	National Westminster Bank National Westminster Bank PLC	Legal mortgage	1 property	16/03/1995	23/04/2012
satisfied	National Westminster Bank National Westminster Bank PLC	Mortgage debenture	1 property	11/11/1993	26/07/2016
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Debenture	1 property	03/03/1992	19/05/1994

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (148 total)

accounts-with-accounts-type-small

accounts · AA

2026-03-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-10-27

mortgage-satisfy-charge-full

mortgage · MR04

2025-06-04

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2025-05-19

accounts-with-accounts-type-small

accounts · AA

2025-03-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-12-02

accounts-with-accounts-type-small

accounts · AA

2024-03-07

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-12-07

change-person-director-company-with-change-date

officers · CH01

2023-07-06

accounts-with-accounts-type-small

accounts · AA

2023-02-21

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-11-28

accounts-with-accounts-type-small

accounts · AA

2022-02-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-11-30

accounts-with-accounts-type-small

accounts · AA

2021-05-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-12-14