SOUTHMEAD DEVELOPMENT TRUST LIMITED

🌳Matureactive

03044008 · private-limited-guarant-nsc · incorporated 1995-04-10

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Operation of sports facilities

Sector: Arts, entertainment & recreation

Investor take

Pursue

Active trading company with a 76-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (73/100, director aged 76). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 18.3y

35/100

too messy

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

· Oldest live charge is 18.3 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 38/100 — workable, but lender will want more DD.

Data confidence

Overall: low (47/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

75 officers (13 active, 75 linked, 69 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

213 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

• 3 officers
• 1 confirmation-statement

Last 180 days

filings

• 4 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (164 events)Click to expand

2026-04-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-04-13
➕
DUDD, Kye appointed
director
2026-04-10
➖
DUDD, Kye resigned
director
2026-04-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-04-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-04-09
➖
MOORE-KIBBEY, Linda resigned
director
2026-03-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-25
➕
BACON, Rosemary Anne appointed
director
2025-10-31
📄
accounts-with-accounts-type-small
accounts · AA
2024-12-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-12-11
📄
accounts-with-accounts-type-small
accounts · AA
2024-12-05
📄
memorandum-articles
incorporation · MA
2024-12-05
📄
statement-of-companys-objects
change-of-constitution · CC04
2024-12-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-11-20
➕
HEAVENS, Albert David appointed
director
2024-11-20
➖
BLUNDELL, Trenna Joanne resigned
director
2024-07-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-07-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-05-02
➕
SELF, Karen Paula, Cllr appointed
director
2024-05-02
➖
MASSEY, Brenda Margaret resigned
director
2024-02-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-22
📄
change-person-secretary-company-with-change-date
officers · CH03
2024-01-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-12
📄
accounts-with-accounts-type-small
accounts · AA
2023-11-28
➖
MCHUGH, Melanie Dawn resigned
director
2023-11-28
➖
WILLIAMS, Geoffrey resigned
director
2023-03-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-03-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-03-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-03-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-11-28
➕
FOWLES, John Leslie appointed
director
2022-11-28
➕
PERRY, Deana appointed
director
2022-11-28
➕
VILLE, Paul Alan appointed
director
2022-11-28
➖
BAYNES, Marion Elaine resigned
director
2022-11-28
➖
FOWLER, Sheralyn Jane resigned
director
2022-11-28
➖
GARDINER, Lee Mark resigned
director
2022-11-28
➕
MOORE-KIBBEY, Linda appointed
director
2022-03-21
➕
DUDD, Kye appointed
director
2022-03-21
➖
GODWIN TEIGE, Helen resigned
director
2021-11-23
➖
CHWIOLKA, Maria resigned
director
2021-11-23
➖
TEMPLE, Tim resigned
director
2021-05-12
🔓
Charge satisfied #1
2020-12-01
➕
CHWIOLKA, Maria appointed
director
2020-12-01
➖
COTTERELL, Billy Joe resigned
director
2020-12-01
➖
MAURICE, Holly Jean resigned
director
2020-12-01
➕
MCHUGH, Melanie Dawn appointed
director
2020-11-23
🔓
Charge satisfied #2
2017-11-29
➕
MANSFIELD, Peter James appointed
secretary
2017-11-29
➖
GOULD, Michael Patrick resigned
secretary

Showing most recent 50 of 164 events

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-12 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

73/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
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

2 med ·

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: DUDD, Kye resigned 2026-04-10; MOORE-KIBBEY, Linda resigned 2026-04-09

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.

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ACTION HERO→ 11182822 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
AEK-BOCO FC TRADING LTD→ 07092094 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
AFRIKA EYE COMMUNITY INTEREST COMPANY→ 06629788 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
AIRHOP GUILDFORD LIMITED→ 10164850 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
AIRHOP NEW SITE 3 LIMITED→ 16113432 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
AIRHOP NEW SITE 5 LIMITED→ 16113421 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
AJCTRAVELS LIMITED→ 12036060 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
AJW SPORT HORSES LTD→ 14332313 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
AL FRESCO ENTERTAINMENT LTD→ 16266504 · est 2025 · no financials extracted	—	—	—	—	1y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 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 →

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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

Statusactive

Typeprivate-limited-guarant-nsc

Incorporated1995-04-10

Jurisdictionengland-wales

Primary SIC93110 — Operation of sports facilities

Registered office

The Greenway Centre

Doncaster Road

Southmead

Bristol

BS10 5PY

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-11

Last: 2026-03-28