ADVENTURE ATTRACTIONS LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
4 live charges · 4 lenders · oldest 24.7y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 24.7 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)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.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 2000 | 1800 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
- • 1 officers
- • 1 persons-with-significant-control
Corporate timeline (44 events)Click to expand
- 2026-02-23📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-02📄capital-cancellation-sharescapital · SH06
- 2024-10-02📄capital-cancellation-sharescapital · SH06
- 2024-09-30📄resolutionresolution · RESOLUTIONS
- 2024-08-27✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-08-27✏️change-of-name-noticechange-of-name · CONNOT
- 2024-07-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-10📄resolutionresolution · RESOLUTIONS
- 2024-06-10📄memorandum-articlesincorporation · MA
- 2023-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-28📄memorandum-articlesincorporation · MA
- 2023-07-28📄resolutionresolution · RESOLUTIONS
- 2023-07-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-30➕HUNTER, Sarah Lucy appointeddirector
- 2023-06-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-01➖CUTBUSH, Stephen Allan resigneddirector
- 2023-03-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-02-07📄capital-return-purchase-own-sharescapital · SH03
- 2010-12-02🔒Charge registered #4Lender: National Westminster Bank PLC
- 2009-09-08➕HOLBURN, Duncan Rory appointeddirector
- 2008-10-10🔒Charge registered #3Lender: Mr Stephen Cutbush
- 2008-08-27🔒Charge registered #2Lender: Openwide International Ssas
- 2006-05-11➕HOLBURN, Duncan Rory appointedsecretary
- 2006-05-11➖J P SECRETARIAL SERVICES LTD resignedcorporate-secretary
- 2005-01-18🔓Charge satisfied #1
- 2004-12-03➖DHILLON, Tejinder Singh resignedsecretary
- 2004-12-03➕J P SECRETARIAL SERVICES LTD appointedcorporate-secretary
- 2004-06-15➖WIDE, Adam George resigneddirector
- 2001-09-24🔒Charge registered #1Lender: Barclays Bank PLC
- 2000-09-30➕DHILLON, Tejinder Singh appointedsecretary
- 2000-09-30➖WIDE, Nicholas Scott resignedsecretary
- 1994-10-31➕CUTBUSH, Stephen Allan appointeddirector
- 1992-10-08🏢Company incorporatedAs ADVENTURE ATTRACTIONS LIMITED
- 1992-10-08➕WIDE, Nicholas Scott appointedsecretary
- 1992-10-08➕PARAMOUNT COMPANY SEARCHES LIMITED appointedcorporate-nominee-secretary
- 1992-10-08➖PARAMOUNT COMPANY SEARCHES LIMITED resignedcorporate-nominee-secretary
- 1992-10-08➕WIDE, Adam George appointeddirector
- 1992-10-08➕PARAMOUNT PROPERTIES (UK) LIMITED appointedcorporate-nominee-director
- 1992-10-08➖PARAMOUNT PROPERTIES (UK) LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 17 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-08-27: certificate-change-of-name-company; 2024-08-27: change-of-name-notice
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Duncan Rory Holburn Individual · British · DOB 05/1961 · age 65 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 28/12/2022 |
2 historic (ceased) PSCs
- Stephen Allan Cutbushceased 16/04/2016· 75-100% shares · 75-100% voting · board control
- Stephen Allan Cutbushceased 01/06/2023· 25-50% shares · 25-50% voting
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.
See pricing →Similar companies
Active · Leisure & entertainment · TW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A B BACKLINE LIMITED→ 06581520 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ACHIEVE LIFESTYLE→ 07451733 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ACTV SIX LTD→ 16137788 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AD ASTRA POLO LTD→ 16841582 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADSCAD LIMITED→ 10540085 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AERIAL MOTION LTD→ 12020499 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AFRICAN CONSERVATION EXPERIENCE LIMITED→ 03794924 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| AGILITY (UK) VENTURES II LTD→ 16267192 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AGILITY UK VENTURES LIMITED→ 15663011 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AIRFARE SERVICES LIMITED→ 15357210 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AIRPORT TRANSFERS 24/7 LTD→ 16854504 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AJSINGH GROUP LTD→ 10124253 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
8 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 · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 02/12/2010 | — | |
| outstanding | Mr Stephen Cutbush | Legal charge | 1 property | 10/10/2008 | — | |
| outstanding | Openwide International Ssas | Legal charge | 1 property | 27/08/2008 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 24/09/2001 | 18/01/2005 |