CANOE2 LIMITED
🌳Matureactive
07082501 · ltd · incorporated 2009-11-20
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other amusement and recreation activities n.e.c.
Sector: Arts, entertainment & recreation
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-11-30 | 2024-11-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2026-07-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-06-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-08-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-07-24📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-24📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-07-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-08-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-06-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-11-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-08-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-08-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-08-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-11-10➖BRITNELL, Neil Victor resigneddirector
- 2009-11-20🏢Company incorporatedAs CANOE2 LIMITED
- 2009-11-20➕BLACKWELL, Ian James appointeddirector
- 2009-11-20➕NELSON, Richard Francis appointeddirector
- 2009-11-20➕BRITNELL, Neil Victor appointeddirector
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Francis Nelson Individual · British · DOB 05/1969 · age 57 | 25–50% | — | 25-50% shares | 01/11/2016 |
Mr Ian Blackwell Individual · British · DOB 04/1969 · age 57 | 25–50% | — | 25-50% shares | 01/11/2016 |
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| BOOK VIA US LTD→ 15346961 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BOOKISHLY LIMITED→ 08440656 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| BOXERS BODY LTD→ 16532766 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRIXWORTH CRICKET CLUB LIMITED→ 06498941 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| BROADWAY FINE ART LIMITED→ 05837294 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| BUCKINGHAMSHIRE CONSERVATION TRUST→ 06666106 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| BUSHLIFE AFRICA SAFARIS (BLAS) LIMITED→ 11144803 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| C C S LEISURE LIMITED→ 04346941 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| C&C FITNESS LTD→ 13929686 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CALLUM MACLEOD RACING LTD→ 09626646 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| CAMP HILL COMMUNITY CENTRE→ 07914387 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| CAMPDEN FITNESS LTD→ 12907731 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2009-11-20
Jurisdictionengland-wales
Primary SIC93290 — Other amusement and recreation activities n.e.c.
Registered office
The Boathouse Boardwalk
Rushden Lakes
Rushden
Northamptonshire
NN10 6FA
England
Filing status
Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2026-12-04
Last: 2025-11-20
Officers (2 active · 1 resigned)
BLACKWELL, Ian James→
Activedirector · ~57y · appointed 2009-11-20
View their other companies + combined net worth →
NELSON, Richard Francis→
Activedirector · ~57y · appointed 2009-11-20
View their other companies + combined net worth →
BRITNELL, Neil Victor→
Resigneddirector · ~57y · appointed 2009-11-20 · resigned 2011-11-10
Click a director name to see their full track record across all companies.
Recent filings (40 total)
accounts-with-accounts-type-dormant
accounts · AA
2026-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-27
accounts-with-accounts-type-dormant
accounts · AA
2025-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-02
accounts-with-accounts-type-dormant
accounts · AA
2024-08-19
change-person-director-company-with-change-date
officers · CH01
2024-07-24
change-person-director-company-with-change-date
officers · CH01
2024-07-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-dormant
accounts · AA
2023-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-25
accounts-with-accounts-type-dormant
accounts · AA
2022-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-23