AREA51 PLAYCENTRE MERTHYR LTD
🌿Early-stageactive
13869341 · ltd · incorporated 2022-01-25
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 4.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
71/100
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 acceptable with review structure.
Opportunity 71/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 4.2y
60/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Charge age ~4.2 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (81/100)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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
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 | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | — | £-24.9k |
| Current assets | — | £18.5k |
| Cash | — | £9.8k |
| Debtors | — | £8.7k |
| Net assets | — | £-24.9k |
| Average employees | 9 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
1
filing
- • 1 confirmation-statement
Last 180 days
9
filings
- • 4 persons-with-significant-control
- • 3 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-12-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-12-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-12-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-03➕DAVIES, David Jack appointeddirector
- 2025-12-03➕VEALL, Simon Mathew John appointeddirector
- 2025-12-03➖GOUGH, Lyndon James resigneddirector
- 2025-12-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-17📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2022-12-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-08🔒Charge registered #2Lender: Dbw Investments (3) Limited
- 2022-03-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-15🔒Charge registered #1Lender: Mellor Finance Limited
- 2022-01-25🏢Company incorporatedAs AREA51 PLAYCENTRE MERTHYR LTD
- 2022-01-25➕GOUGH, Lyndon James appointeddirector
- 2022-01-25📄incorporation-companyincorporation · NEWINC
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited 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
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 David Jack Davies Individual · British · DOB 09/1987 · age 39 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 03/12/2025 |
Mr Simon Mathew John Veall Individual · British · DOB 02/1994 · age 32 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 03/12/2025 |
2 historic (ceased) PSCs
- Mr Lyndon James Goughceased 03/12/2025· 25-50% shares · 25-50% voting · board control
- Ms Helen Louise Phillipsceased 03/12/2025· 25-50% shares · 25-50% voting · board control
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
Active · Leisure & entertainment · CF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 5K2PB LIMITED→ 11827447 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ABC MYRDDIN CYF→ 15978943 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMBSERVE LTD→ 06067313 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ANIKA CRANE FITNESS LTD→ 14189352 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ANT & SEB LTD→ 16719194 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANTS INYA PANTS LIMITED→ 06519349 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| ANTUR LLAIN LIMITED→ 11578186 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| APGLAN CYF→ 13214870 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| APOLLO'S LLANEDEYRN & PENTWYN AMATEUR BOXING CLUB CIC→ 13697064 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| APW PRODUCTIONS LTD→ 14516309 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ARDAL LEAGUES SOUTHERN LTD→ 12796353 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARK MOTORSPORT LTD→ 15660704 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2022-01-25
Jurisdictionwales
Primary SIC93290 — Other amusement and recreation activities n.e.c.
Registered office
Unit 5 Viaduct House
Pentrebach Industrial Estate
Merthyr Tydfil
CF48 4DR
Wales
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-07
Last: 2026-01-24
Officers (2 active · 1 resigned)
DAVIES, David Jack→
Activedirector · ~39y · appointed 2025-12-03
View their other companies + combined net worth →
VEALL, Simon Mathew John→
Activedirector · ~32y · appointed 2025-12-03
View their other companies + combined net worth →
GOUGH, Lyndon James→
Resigneddirector · ~49y · appointed 2022-01-25 · resigned 2025-12-03
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Dbw Investments (3) Dbw Investments (3) Limited | A registered charge | 2 properties | 08/12/2022 | — | |
| outstanding | Mellor Finance Mellor Finance Limited | A registered charge | — | 15/03/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (19 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-08
appoint-person-director-company-with-name-date
officers · AP01
2025-12-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-05
appoint-person-director-company-with-name-date
officers · AP01
2025-12-05
termination-director-company-with-name-termination-date
officers · TM01
2025-12-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
change-account-reference-date-company-previous-extended
accounts · AA01
2023-05-17