LEAKER DIRECT (DISTRIBUTION) LIMITED

🌳Matureactive
SC203894 · ltd · incorporated 2000-02-14
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£1.80M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. 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

3 live charges · 3 lenders · oldest 26.1y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 26.1 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
84 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,802,442
Cash draining
Cash down 55% YoY
Cash YoY
-55%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£273k
↓ 55% YoY
Net Worth
£1.8m
↑ 5.6% YoY
Current Assets
£2.2m
↓ 3.8% YoY
Current Liabilities
—
£0£463k£925k£1.4m£1.9m£2.3mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£1.87M£1.87M
Current assets£2.22M£2.31M
Cash£273.0k£607.1k
Debtors£1.09M£729.0k
Net assets£1.80M£1.71M

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

🔒Filing-note intelligence

1 signal 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
2
filings
  • • 2 confirmation-statement
Last 180 days
3
filings
  • • 3 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-04-17
    📄
    replacement-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP01CS01
  2. 2026-03-24
    📄
    replacement-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP01CS01
  3. 2025-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-09-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2024-09-10
    ➕
    LEAKER, Amanda appointed
    director
  6. 2024-09-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-07-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-07-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2021-12-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2021-12-09
    🔓
    Charge satisfied #1
  11. 2021-06-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2020-09-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-08-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2019-08-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2019-08-02
    ➕
    CARGILL, Gordon Malcolm appointed
    director
  17. 2019-08-02
    ➕
    LEAKER, Derek Richard appointed
    director
  18. 2018-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2011-04-20
    ➖
    LEAKER, Audrey resigned
    secretary
  21. 2011-03-31
    ➖
    PRESTON, Matthew resigned
    director
  22. 2006-03-12
    🔒
    Charge registered #3
    Lender: Rbs Invoice Finance Limited
  23. 2003-06-03
    ➕
    PRESTON, Matthew appointed
    director
  24. 2000-12-12
    🔒
    Charge registered #2
    Lender: Royal Bank Invoice Finance Limited
  25. 2000-05-11
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  26. 2000-02-14
    🏢
    Company incorporated
    As LEAKER DIRECT (DISTRIBUTION) LIMITED
  27. 2000-02-14
    ➕
    LEAKER, Arthur Bruce appointed
    director
  28. 2000-02-14
    ➕
    LEAKER, Audrey appointed
    secretary
  29. 2000-02-14
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  30. 2000-02-14
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  31. 2000-02-14
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  32. 2000-02-14
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

81/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "LEAKER" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

20/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — LEAKER, Amanda (same surname) appointed 2024-09-10. Pattern consistent with intra-family handover.
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Arthur Bruce Leaker
Individual · British · DOB 07/1965 · age 61
——sig. influencesignificant influence14/02/2017

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

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
Incorporated2000-02-14
Jurisdictionscotland
Primary SIC46900 — Non-specialised wholesale trade

Registered office

Units 109-110 Block 11
Howden Avenue Newhouse Ind Est
Newhouse Motherwell
Lanarkshire
ML1 5RX

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-21
Last: 2026-02-07

Officers (4 active · 4 resigned)

CARGILL, Gordon Malcolm→
director · ~56y · appointed 2019-08-02
View their other companies + combined net worth →
Active
LEAKER, Amanda→
director · ~31y · appointed 2024-09-10
View their other companies + combined net worth →
Active
LEAKER, Arthur Bruce→
director · ~61y · appointed 2000-02-14
View their other companies + combined net worth →
Active
LEAKER, Derek Richard→
director · ~55y · appointed 2019-08-02
View their other companies + combined net worth →
Active
LEAKER, Audrey→
secretary · appointed 2000-02-14 · resigned 2011-04-20
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2000-02-14 · resigned 2000-02-14
Resigned
PRESTON, Matthew→
director · ~72y · appointed 2003-06-03 · resigned 2011-03-31
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2000-02-14 · resigned 2000-02-14
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
NatWest Group
Rbs Invoice Finance Limited
Floating charge1 property12/03/2006—
outstanding
Royal Bank Invoice Finance
Royal Bank Invoice Finance Limited
Floating charge1 property12/12/2000—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property11/05/200009/12/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (84 total)

replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-04-17
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-12
appoint-person-director-company-with-name-date
officers · AP01
2024-09-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-09
mortgage-satisfy-charge-full
mortgage · MR04
2021-12-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-10