CARTMEL STEEPLECHASES (HOLKER) LIMITED

🌳Matureactive

03524887 · ltd · incorporated 1998-03-10

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

—

not disclosed

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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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 85-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 85). 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 (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 28.3y

35/100

too messy

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

· Oldest live charge is 28.3 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

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

No iXBRL financials extracted

Lenders & charges

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

Directors & officers

17 officers (5 active, 17 linked, 14 with DOB)

Ownership & PSC

1 active PSC(s) of 7 total, 7 with control declared

Director network

17 connected companies via shared directors

Filing history

146 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

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.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 5 persons-with-significant-control
• 2 accounts
• 2 other

Counts from Companies House filing history.

Corporate timeline (56 events)Click to expand

2026-03-26
📄
change-person-director-company-with-change-date
officers · CH01
2026-03-09
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-09
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-09
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-09
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-06
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-01-10
📄
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-01-10
📄
legacy
accounts · PARENT_ACC
2026-01-10
📄
legacy
other · AGREEMENT2
2026-01-10
📄
legacy
other · GUARANTEE2
2025-01-16
📄
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-01-16
📄
legacy
accounts · PARENT_ACC
2025-01-16
📄
legacy
other · GUARANTEE2
2025-01-16
📄
legacy
other · AGREEMENT2
2025-01-06
📄
legacy
other · GUARANTEE2
2025-01-06
📄
legacy
other · AGREEMENT2
2023-12-30
📄
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2023-12-30
📄
legacy
accounts · PARENT_ACC
2023-12-30
📄
legacy
other · AGREEMENT2
2023-12-30
📄
legacy
other · GUARANTEE2
2023-07-25
📄
memorandum-articles
incorporation · MA
2023-07-25
📄
resolution
resolution · RESOLUTIONS
2021-03-22
➕
SIMS, Stuart James appointed
director
2019-05-31
➖
COOPER, Stephen resigned
director
2018-01-08
➕
COOPER, Stephen appointed
director
2017-07-31
➖
GARRATT, Jonathan Michael Harvey resigned
director
2017-05-26
➖
PEAKE, Duncan Neil resigned
director
2011-10-12
🔓
Charge satisfied #2
2011-10-07
🔒
Charge registered #3
Lender: Svenska Handelsbanken Ab (Publ)
2011-09-22
➕
GIBB, Allen Joseph appointed
director
2011-07-13
➖
RIDDING, Michael Ian resigned
secretary
2011-05-31
➖
RIDDING, Michael Ian resigned
director
2010-12-20
➕
RIDDING, Michael Ian appointed
secretary
2010-12-20
➖
CURREY & CO resigned
corporate-secretary
2010-12-06
➕
CAVENDISH, Lucy Georgiana appointed
director
2010-12-06
➕
GARRATT, Jonathan Michael Harvey appointed
director
2010-12-06
➕
RIDDING, Michael Ian appointed
director
2010-12-06
➖
TAYLOR, Nigel Andrew resigned
director
2008-01-02
➕
PEAKE, Duncan Neil appointed
director
2007-12-31
➖
KNIGHT, Dickon Peter Richard resigned
director
2007-06-11
➕
KNIGHT, Dickon Peter Richard appointed
director
2007-06-03
➖
KNIGHT, Dickon Peter Richard resigned
director
2005-04-14
➖
PAIN, Davy Henry Stephen resigned
director
2001-07-20
➖
BARNETT, Charles Henry resigned
director
2000-06-26
➕
BARNETT, Charles Henry appointed
director
1998-08-04
🔒
Charge registered #2
Lender: Midland Bank PLC
1998-05-21
➕
PAIN, Davy Henry Stephen appointed
director
1998-03-31
🔒
Charge registered #1
Lender: Hugh James Broun Fitzgerald
1998-03-10
🏢
Company incorporated
As CARTMEL STEEPLECHASES (HOLKER) LIMITED
1998-03-10
➕
CAVENDISH, Grania Mary, Right Honourable Lady appointed
director

Showing most recent 50 of 56 events

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 85 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

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 85 years old. Natural succession window is now.
primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 28 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Holker Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Holker Holdings Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

CARTMEL STEEPLECHASES (HOLKER) LIMITED

This company · 03524887

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
Holker Holdings Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

6 historic (ceased) PSCs

Lord Richard Hugh Baron Cavendishceased 10/03/2024· significant influence
Mr Allen Joseph Gibbceased 10/03/2024· significant influence
Mrs Lucy Georgiana Cavendishceased 10/03/2024· significant influence
Lady Grania Mary Cavendishceased 10/03/2024· significant influence
Mr Peter Anthony Bostockceased 28/03/2019· significant influence
Mr Jonathan Michael Harvey Garrettceased 31/07/2017· significant influence

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.

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Similar companies

Active · Leisure & entertainment · LA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ALPENROSE TREKS LTD→ 11102119 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
ARMITT LIBRARY AND MUSEUM CENTRE→ 03153895 · est 1996 · no financials extracted	—	—	—	—	30y	—	—
ARMSTRONG SPEECH AND DRAMA LTD→ 13531349 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
BARROW FUTSAL LTD→ 15987757 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
BARROW RUGBY FOOTBALL CLUB LIMITED(THE)→ 00246668 · est 1930 · no financials extracted	—	—	—	—	96y	—	—
BARROW TRANSPORT MUSEUM TRUST LIMITED→ 03322838 · est 1997 · no financials extracted	—	—	—	—	29y	—	—
BARTON TURNS MARINA LIMITED→ 03513604 · est 1998 · no financials extracted	—	—	—	—	28y	—	—
BAY SEA SCHOOL LIMITED→ 08333391 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
BAYFIT LTD→ 09784222 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
BEE ADVENTURES CIC→ 14204993 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
BEN BARRY AUTOMOTIVE JOURNALIST LIMITED→ 08970105 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
BENDRIGG TRUST→ 01396557 · est 1978 · no financials extracted	—	—	—	—	47y	—	—

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.

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🔒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

Statusactive

Typeltd

Incorporated1998-03-10

Jurisdictionengland-wales

Primary SIC93110 — Operation of sports facilities

Registered office

Cavendish House

Kirkby-In-Furness

Cumbria

LA17 7UN

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-24

Last: 2026-03-10