CAUSEWAY LEISURE SERVICES LIMITED
- · Oldest live charge 31.6y old — refinance window within 12 months
Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (83/100, director aged 75). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 31.6y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 31.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)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 →Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £1.02M | £988.3k |
| Current assets | £835.9k | £788.6k |
| Net assets | £1.02M | £988.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
Corporate timeline (25 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-01-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-03-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-09-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-01-21📄change-person-director-company-with-change-dateofficers · CH01
- 2015-09-07📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-12-22➕O'DONNELL (JNR), Colm, Mr. appointeddirector
- 2009-12-22➖MCLAUGHLIN, John resigneddirector
- 2007-05-10➕MCLAUGHLIN, John appointeddirector
- 2007-05-10➖O'DONNELL, Josephine resigneddirector
- 2003-11-28🔒Charge registered #1Lender: Northern Bank LTD
- 1994-10-03🔒Charge registered #2Lender: Aib Group Northern Ireland PLC
- 1990-12-19🏢Company incorporatedAs CAUSEWAY LEISURE SERVICES LIMITED
- 1990-12-19➕O'DONNELL, Colm, Mr. appointedsecretary
- 1990-12-19➕O'DONNELL, Colm, Mr. appointeddirector
- 1990-12-19➕O'DONNELL, Josephine appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 35 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
cleanGroup structure
Causeway Estates (Roi) 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 |
|---|---|---|---|---|
Causeway Estates (Roi) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 25/01/2022 |
1 historic (ceased) PSC
- Mr. Colm O'Donnellceased 25/01/2022· 75-100% shares · 75-100% voting · board control
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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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 →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 (3 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Northern Bank / Square West, Belfast Northern Bank LTD / Square West, Belfast | Mortgage or charge | 1 property | 28/11/2003 | — | |
| outstanding | Aib Group Northern Ireland Aib Group Northern Ireland PLC | Charge | 1 property | 03/10/1994 | — |