SOUTHPORT PROMENADE HOTELS LIMITED
Opportunity 45/100 (watch), bankability 32/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on immediate intervention.
Refinance opportunity
12 live charges · 6 lenders · oldest 26.1y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 26.1 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
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 | 2019-04-28 | 2018-04-28 |
|---|---|---|
| Total assets | £891.8k | £1.11M |
| Current assets | £231.2k | £268.4k |
| Cash | £4.5k | £85.2k |
| Debtors | £201.4k | £155.3k |
| Net assets | £378.5k | £985.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
Corporate timeline (59 events)Click to expand
- 2022-05-03⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2022-05-03🏁Company dissolved
- 2022-02-03⚠️liquidation-in-administration-move-to-dissolutioninsolvency · AM23
- 2021-08-31⚠️liquidation-in-administration-progress-reportinsolvency · AM10
- 2021-04-09⚠️liquidation-administration-notice-deemed-approval-of-proposalsinsolvency · AM06
- 2021-03-27⚠️liquidation-in-administration-proposalsinsolvency · AM03
- 2021-02-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-05⚠️liquidation-in-administration-appointment-of-administratorinsolvency · AM01
- 2020-11-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-11-02🔒Charge registered #12Lender: Credit Asset Management Limited
- 2020-01-21📄accounts-with-accounts-type-smallaccounts · AA
- 2019-08-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-08-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-08-15🔒Charge registered #11Lender: Catalyst Business Finance Limited
- 2019-08-15🔒Charge registered #10Lender: Catalyst Business Finance Limited
- 2019-04-18📄change-person-director-company-with-change-dateofficers · CH01
- 2019-01-23📄accounts-with-accounts-type-smallaccounts · AA
- 2018-01-25📄accounts-with-accounts-type-smallaccounts · AA
- 2017-04-20📄accounts-with-accounts-type-smallaccounts · AA
- 2017-01-18📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2016-10-21➖CLARK, Paul Andrew resigneddirector
- 2016-10-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-08-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-08-24➕KEATING, Hugo Oliver Fitzstephen appointeddirector
- 2016-05-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2016-05-24🔓Charge satisfied #6
- 2016-05-24🔓Charge satisfied #5
- 2016-05-24🔓Charge satisfied #4
- 2016-02-12🔓Charge satisfied #3
- 2015-05-18➕GRANT, Steven Thomas appointeddirector
- 2015-05-18➖TIMMERMAN, Mark Jan resignedsecretary
- 2015-05-18➕CLARK, Paul Andrew appointeddirector
- 2015-05-18➖TIMMERMAN, Klaas resigneddirector
- 2015-05-18➖TIMMERMAN, Mark Jan resigneddirector
- 2015-05-18🔒Charge registered #9Lender: Coutts & Company
- 2015-05-18🔒Charge registered #8Lender: Coutts & Company
- 2015-04-15🔓Charge satisfied #7
- 2014-09-05🔒Charge registered #7Lender: The Trustees of Mellors Retirement Fund
- 2010-03-26➖PARKINSON, John Anthony resignedsecretary
- 2010-03-26➕TIMMERMAN, Mark Jan appointedsecretary
- 2010-03-26➖PARKINSON, John Anthony resigneddirector
- 2010-03-26➕TIMMERMAN, Mark Jan appointeddirector
- 2010-02-10🔒Charge registered #6Lender: Lloyds Tsb Bank PLC
- 2010-02-10🔒Charge registered #5Lender: Lloyds Tsb Bank PLC
- 2009-12-31🔒Charge registered #4Lender: Lloyds Tsb Bank PLC
- 2003-10-14🔓Charge satisfied #2
- 2003-10-14🔓Charge satisfied #1
- 2001-10-09🔒Charge registered #3Lender: Lloyds Tsb Bank PLC
- 2000-04-27🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
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.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
2 high · 1 med · 1 lowCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2022-05-03
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2022-05-03: gazette-dissolved-liquidation; 2022-02-03: liquidation-in-administration-move-to-dissolution
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
D'Urberville Hotels Southport Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
D'Urberville Hotels Southport Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 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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10 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 (0 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Credit Asset Management Credit Asset Management Limited | A registered charge | 1 property | 02/11/2020 | — | |
| outstanding | Catalyst Business Finance Catalyst Business Finance Limited | A registered charge | 1 property | 15/08/2019 | — | |
| outstanding | Catalyst Business Finance Catalyst Business Finance Limited | A registered charge | — | 15/08/2019 | — | |
| outstanding | NatWest Group Coutts & Company | A registered charge | — | 18/05/2015 | — | |
| outstanding | NatWest Group Coutts & Company | A registered charge | 1 property | 18/05/2015 | — | |
| satisfied | The Trustees of Mellors Retirement Fund | A registered charge | 2 properties | 05/09/2014 | 15/04/2015 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 2 properties | 10/02/2010 | 24/05/2016 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 2 properties | 10/02/2010 | 24/05/2016 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | An omnibus guarantee and set-off agreement | 1 property | 31/12/2009 | 24/05/2016 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 09/10/2001 | 12/02/2016 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge of licensed premises | 1 property | 27/04/2000 | 14/10/2003 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 27/04/2000 | 14/10/2003 |