ACTIVATE OUTDOORS LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (63/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 25.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 25.2 years old — likely at or near maturity.
- · 3 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | £1.20M | £1.34M |
| Current assets | £203.4k | £204.4k |
| Cash | £91.9k | £136.5k |
| Debtors | £111.5k | £67.9k |
| Net assets | £492.6k | £545.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (36 events)Click to expand
- 2025-10-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-03🔒Charge registered #3Lender: Shawbrook Bank Limited
- 2023-07-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-21📄change-person-director-company-with-change-dateofficers · CH01
- 2019-05-21📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-05-21📄change-person-director-company-with-change-dateofficers · CH01
- 2018-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-08-16🔒Charge registered #2Lender: Lloyds Bank PLC
- 2016-11-07📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-08-01➕CRATES, Robert David appointedsecretary
- 2007-08-01➕CRATES, Robert David appointeddirector
- 2007-07-31➖KING, Philippa Helen resignedsecretary
- 2007-07-31➖KING, Philippa Helen resigneddirector
- 2001-11-25➖KING, Ian Miles resigneddirector
- 2001-11-25➕KING, Philippa Helen appointeddirector
- 2001-03-26🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 1999-06-24➖KING, Dianne Mary resignedsecretary
- 1999-06-24➕KING, Philippa Helen appointedsecretary
- 1996-05-29➕KING, Matthew John appointeddirector
- 1996-05-29➖DWYER, Daniel John resignednominee-secretary
- 1996-05-29➕KING, Dianne Mary appointedsecretary
- 1996-05-29➖DOYLE, Betty June resignednominee-director
- 1996-05-29➖DWYER, Daniel John resignednominee-director
- 1996-05-29➕KING, Ian Miles appointeddirector
- 1996-05-20🏢Company incorporatedAs ACTIVATE OUTDOORS LIMITED
- 1996-05-20➕DWYER, Daniel John appointednominee-secretary
- 1996-05-20➕DOYLE, Betty June appointednominee-director
- 1996-05-20➕DWYER, Daniel John appointednominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 30 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Matthew John King Individual · British · DOB 09/1973 · age 53 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mr Robert David Crates Individual · British · DOB 11/1972 · age 54 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
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
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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 →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 | Shawbrook Shawbrook Bank Limited | A registered charge | 2 properties | 03/11/2023 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 16/08/2017 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 26/03/2001 | — |