ADMIRAL TAVERNS NEVADA PROPERTIES LIMITED
Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 10 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).
Refinance opportunity
63 live charges · 10 lenders · oldest 16.5y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 16.5 years old — likely at or near maturity.
- · 10 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-01 | 2024-05-26 |
|---|---|---|
| Operating profit | £241.0k | £85.0k |
| Profit before tax | £241.0k | £85.0k |
| Average employees | 0 | 0 |
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
- • 1 accounts
- • 2 address
- • 1 accounts
- • 1 officers
Corporate timeline (157 events)Click to expand
- 2026-02-23📄accounts-with-accounts-type-fullaccounts · AA
- 2025-12-01📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2025-12-01📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2025-12-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-12-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-02-10📄accounts-with-accounts-type-fullaccounts · AA
- 2024-03-06📄accounts-with-accounts-type-fullaccounts · AA
- 2023-05-24📄accounts-with-accounts-type-fullaccounts · AA
- 2022-01-14📄accounts-with-accounts-type-fullaccounts · AA
- 2021-04-28📄accounts-with-accounts-type-fullaccounts · AA
- 2020-12-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-10-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2020-05-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-03-31➖PEARSON, Glenn resigneddirector
- 2020-03-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-03-02➕GRAY, Nicholas Peter Sedgewick appointeddirector
- 2020-02-27📄accounts-with-accounts-type-fullaccounts · AA
- 2019-11-14📄change-person-director-company-with-change-dateofficers · CH01
- 2019-11-14📄change-person-director-company-with-change-dateofficers · CH01
- 2019-11-14📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-01➖GEORGEL, Kevin Roger resigneddirector
- 2019-07-15➕JOWSEY, Christopher Michael appointeddirector
- 2017-06-07🔓Charge satisfied #64
- 2017-06-07🔓Charge satisfied #63
- 2017-06-07🔓Charge satisfied #62
- 2017-06-07🔓Charge satisfied #61
- 2017-06-07🔓Charge satisfied #42
- 2014-10-09🔒Charge registered #64Lender: U.S. Bank Trustees Limited (As Security Agent for the Beneficiaries)
- 2014-01-31➖PAVELEY, Jonathan David, Dr resigneddirector
- 2014-01-27🔒Charge registered #63Lender: U.S.Bank Trustees Limited as Security Trustee for the Beneficiaries
- 2013-06-27🔒Charge registered #62Lender: Admiral Taverns Bidco Limited
- 2013-06-27🔒Charge registered #61Lender: U.S. Bank Trustees Limited (As Security Agent and Trustee for the Beneficiaries)
- 2013-02-07🔓Charge satisfied #35
- 2012-12-27🔓Charge satisfied #60
- 2012-12-27🔓Charge satisfied #59
- 2012-12-27🔓Charge satisfied #58
- 2012-12-27🔓Charge satisfied #57
- 2012-12-27🔓Charge satisfied #56
- 2012-12-27🔓Charge satisfied #55
- 2012-12-27🔓Charge satisfied #54
- 2012-12-27🔓Charge satisfied #53
- 2012-12-27🔓Charge satisfied #52
- 2012-12-27🔓Charge satisfied #51
- 2012-12-27🔓Charge satisfied #50
- 2012-12-27🔓Charge satisfied #49
- 2012-12-27🔓Charge satisfied #48
- 2012-12-27🔓Charge satisfied #47
- 2012-12-27🔓Charge satisfied #46
- 2012-12-27🔓Charge satisfied #45
- 2012-12-27🔓Charge satisfied #44
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 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
1 med · 1 lowMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Multiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Admiral Taverns Bidco 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 |
|---|---|---|---|---|
Admiral Taverns Bidco Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% 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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6 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 (4 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | U.S. Bank Trustees (As Security Agent for the Beneficiaries) U.S. Bank Trustees Limited (As Security Agent for the Beneficiaries) | A registered charge | — | 09/10/2014 | 07/06/2017 | |
| satisfied | U.S.Bank Trustees as Security Trustee for the Beneficiaries U.S.Bank Trustees Limited as Security Trustee for the Beneficiaries | A registered charge | 1 property | 27/01/2014 | 07/06/2017 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | A registered charge | 1 property | 27/06/2013 | 07/06/2017 | |
| satisfied | U.S. Bank Trustees (As Security Agent and Trustee for the Beneficiaries) U.S. Bank Trustees Limited (As Security Agent and Trustee for the Beneficiaries) | A registered charge | 1 property | 27/06/2013 | 07/06/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Supplemental legal mortgage | 1 property | 29/03/2012 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Supplemental legal mortgage | 1 property | 29/03/2012 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage | 2 properties | 29/03/2012 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage | 1 property | 29/03/2012 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | A supplemental legal mortgage | 1 property | 09/11/2011 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | A supplemental legal mortgage | 1 property | 09/11/2011 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | Supplemental legal mortgage | 1 property | 07/09/2011 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage | 1 property | 07/09/2011 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage | 1 property | 02/08/2011 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | A supplemental legal mortgage | 1 property | 02/08/2011 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | Supplemental legal mortgage | 1 property | 06/06/2011 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage | 1 property | 06/06/2011 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage supplemental to an intra-group debenture dated 17 november 2009 and | 1 property | 27/05/2011 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC as Security Trustee | Supplemental legal mortgage supplemental to a debenture dated 17 november 2009 and | 1 property | 27/05/2011 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage supplemental to an intra-group debenture dated 17 november 2009 and | 1 property | 26/05/2011 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC as Security Trustee | Supplemental legal mortgage supplemental to a debenture dated 17 november 2009 and | 1 property | 26/05/2011 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | A supplemental legal mortgage | 1 property | 28/03/2011 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | A supplemental legal mortgage | 1 property | 28/03/2011 | 27/12/2012 | |
| satisfied | The Master Wardens & Commonalty of Merchant Venturers of the City of Bristol | Rent deposit deed | 1 property | 23/12/2010 | 07/06/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC as Security Trustee | A supplemental legal mortgage | 1 property | 23/12/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | A supplemental legal mortgage | 1 property | 23/12/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage | 1 property | 18/10/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | Supplemental legal mortgage | 1 property | 18/10/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | A supplemental legal mortgage | 1 property | 11/10/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | A supplemental legal mortgage | 1 property | 11/10/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | A supplemental legal mortgage | 1 property | 10/08/2010 | 07/02/2013 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | A supplemental legal mortgage | 1 property | 10/08/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage | 2 properties | 14/07/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | Supplemental legal mortgage | 2 properties | 14/07/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | A supplemental legal mortgage | 1 property | 14/07/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | A supplemental legal mortgage | 1 property | 14/07/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | A supplemental legal mortgage | 1 property | 08/07/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | A supplemental legal mortgage | 1 property | 08/07/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage | 2 properties | 02/07/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | Supplemental legal mortgage | 2 properties | 02/07/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage, supplemental to a debenture dated 17 november 2009 and | 1 property | 14/06/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank in Its Capacity as Security Trustee | Supplemental legal mortgage, supplemental to a debenture dated 17 november 2009 and | 1 property | 14/06/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | Supplemental legal charge | 1 property | 10/06/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage | 1 property | 10/06/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank as Security Trustee | Supplemental legal mortgage | 1 property | 10/06/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage | 1 property | 10/06/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | A supplemental legal mortgage | 1 property | 06/05/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | Supplemental legal mortgage | 1 property | 06/05/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | A supplemental legal mortgage | 1 property | 30/04/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | A supplemental legal mortgage | 1 property | 30/04/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage | 1 property | 22/04/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | Supplemental legal mortgage | 1 property | 22/04/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage | 1 property | 21/04/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | Supplemental legal mortgage | 1 property | 21/04/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage | 1 property | 21/04/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | Supplemental legal mortgage | 1 property | 21/04/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | Supplemental legal mortgage | 1 property | 21/04/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage | 1 property | 21/04/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | Supplemental legal mortgage | 1 property | 21/04/2010 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage | 1 property | 21/04/2010 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | Debenture | 1 property | 17/11/2009 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Supplemental legal mortgage, supplemental to a debenture and | 1 property | 17/11/2009 | 27/12/2012 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC in Its Capacity as Security Trustee | Supplemental legal mortgage, supplemental to a debenture and | 1 property | 17/11/2009 | 27/12/2012 | |
| satisfied | Admiral Taverns Bidco Admiral Taverns Bidco Limited | Debenture | 1 property | 17/11/2009 | 27/12/2012 |