HORSESHOE ENTERTAINMENT LIMITED

🌳Matureactive

05556574 · ltd · incorporated 2005-09-07

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Other letting and operating of own or leased real estate

Sector: Real estate

Investor take

Pursue

Property-backed borrower with a 70-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

9 live charges · 8 lenders · oldest 20.6y

35/100

too messy

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

· Oldest live charge is 20.6 years old — likely at or near maturity.
· 8 lenders named — inter-creditor friction likely.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (59/100)

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

9 charges (9/9 with lender, 9/9 with type)

Directors & officers

18 officers (6 active, 18 linked, 11 with DOB)

Ownership & PSC

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

Director network

9 connected companies via shared directors

Filing history

103 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

filings

Last 180 days

filings

• 1 accounts
• 1 officers

Counts from Companies House filing history.

Corporate timeline (65 events)Click to expand

2025-12-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-25
📄
change-person-director-company-with-change-date
officers · CH01
2025-01-09
➕
WORDIE, James Thompson appointed
director
2025-01-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-11
📄
change-person-director-company-with-change-date
officers · CH01
2023-09-11
📄
change-person-director-company-with-change-date
officers · CH01
2022-12-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-13
➕
CHARTERS, Andrew David appointed
secretary
2022-10-13
➖
HORTON, Kenneth James resigned
secretary
2022-10-13
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2022-10-13
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2022-04-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-04-14
➕
GARDINER, John appointed
director
2022-02-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-12-09
➖
STANISTREET, Nigel David Alexander resigned
director
2021-10-29
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-10-27
🔒
Charge registered #9
Lender: Lloyds Bank Corporate Markets PLC
2021-02-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-20
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-08-20
🔓
Charge satisfied #8
2020-02-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-31
➖
MCALPINE, John Calder resigned
director
2018-04-03
➕
STANISTREET, Nigel David Alexander appointed
director
2015-03-07
🔓
Charge satisfied #5
2015-03-07
🔓
Charge satisfied #4
2015-01-08
🔓
Charge satisfied #6
2014-12-29
🔒
Charge registered #8
Lender: Bank of Scotland PLC
2014-12-29
🔒
Charge registered #7
Lender: Bank of Scotland PLC
2013-09-26
🔒
Charge registered #6
Lender: Clydesdale Bank PLC Trading as Clydesdale Bank and Yorkshire Bank
2013-08-28
🔒
Charge registered #5
Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
2006-08-11
🔓
Charge satisfied #3
2006-08-11
🔓
Charge satisfied #2
2006-08-11
🔓
Charge satisfied #1
2006-07-24
➕
WORDIE, Alan John Kynoch appointed
director
2006-07-24
➕
WORDIE, Charles Jeffrey appointed
director
2006-07-24
➕
WORDIE, William Ellis appointed
director
2006-07-24
➕
HORTON, Kenneth James appointed
secretary
2006-07-24
➖
MCGRADY, Matthew Robert resigned
secretary
2006-07-24
➖
CHURCH, Peter James resigned
director
2006-07-24
➕
MCALPINE, John Calder appointed
director
2006-07-24
➖
MCGRADY, Matthew Robert resigned
director
2006-07-24
➖
OLDHAM, Chris resigned
director
2006-07-24
➖
STUART, Colin Lee resigned
director
2006-07-20
🔒
Charge registered #4
Lender: Clydesdale Bank Public Limited Company
2005-11-21
➖
CHURCH, Peter James resigned
secretary
2005-11-21
➕
MCGRADY, Matthew Robert appointed
secretary

Showing most recent 50 of 65 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 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 70 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 70 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 20 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

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.

Group structure

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

🏛️

Wordie Properties Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

HORSESHOE ENTERTAINMENT LIMITED

This company · 05556574

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
Wordie Properties Limited Corporate entity	75–100%	—	75-100% shares	06/04/2016

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.

See pricing →

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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 →

🔒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

Incorporated2005-09-07

Jurisdictionengland-wales

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Leigh House

28-32 St Paul's Street

Leeds

LS1 2JT

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-09-21

Last: 2025-09-07