AK THEATRICALS LIMITED

🏛️Establishedactive
13307238 · ltd · incorporated 2021-03-31
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
year to Mar 2023
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Support activities to performing arts
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

🏦

Refinance opportunity

2 live charges · oldest 2.6y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 2.6 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (84/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2022Mar 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-03-312022-03-31
Average employees200200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-03-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-11-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-11-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-11-03
    🔓
    Charge satisfied #2
  5. 2025-11-03
    🔓
    Charge satisfied #1
  6. 2025-10-29
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2025-10-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2025-04-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2025-04-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2025-04-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2025-04-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2025-03-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2025-01-26
    📄
    accounts-with-accounts-type-group
    accounts · AA
  14. 2024-07-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  15. 2024-07-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2024-06-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2023-12-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2023-12-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2023-12-15
    🔒
    Charge registered #2
    Lender: Lions Gate International (UK) Limited
  20. 2023-12-15
    🔒
    Charge registered #1
    Lender: Lions Gate International (UK) Limited
  21. 2023-04-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2022-03-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2021-04-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2021-03-31
    🏢
    Company incorporated
    As AK THEATRICALS LIMITED
  25. 2021-03-31
    ARNOLD, Hunter appointed
    director
  26. 2021-03-31
    KALIN, Gavin Joseph appointed
    director
  27. 2021-03-31
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2024-12-31

Group structure

Gavin Kalin Productions Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Gavin Kalin Productions Limited
Corporate parent · holds 25-50% shares
significant stake
AK THEATRICALS LIMITED
This company · 13307238

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Hunter Arnold
Individual · British · DOB 01/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting31/03/2021
Gavin Kalin Productions Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting31/03/2021

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

8 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
Incorporated2021-03-31
Jurisdictionengland-wales
Primary SIC90020 — Support activities to performing arts

Registered office

124 Finchley Road
London
NW3 5JS
England

Filing status

Accounts
Next due: 2024-12-31OVERDUE
Last made up to: 2023-03-31
Confirmation statement
Next due: 2027-04-13
Last: 2026-03-30

Officers (2 active · 0 resigned)

ARNOLD, Hunter
director · ~49y · appointed 2021-03-31
View their other companies + combined net worth →
Active
KALIN, Gavin Joseph
director · ~45y · appointed 2021-03-31
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lions Gate International (UK)
Lions Gate International (UK) Limited
A registered charge1 property15/12/202303/11/2025
satisfied
Lions Gate International (UK)
Lions Gate International (UK) Limited
A registered charge1 property15/12/202303/11/2025

Recent filings (25 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-03
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-03
gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-29
gazette-notice-compulsory
gazette · GAZ1
2025-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-02
change-person-director-company-with-change-date
officers · CH01
2025-04-02
change-person-director-company-with-change-date
officers · CH01
2025-03-20
accounts-with-accounts-type-group
accounts · AA
2025-01-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-07-17
change-person-director-company-with-change-date
officers · CH01
2024-07-17