WINSTON LEISURE LTD

🌳Matureactive
SC423135 · ltd · incorporated 2012-05-01
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 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 81-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 81). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31

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

🔒Filing-note intelligence

2 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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-08-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-05-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-12-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2023-12-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2023-02-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2021-12-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2021-08-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2021-08-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2020-12-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2019-12-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2018-12-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2017-09-04
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2016-07-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-05-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-05-11
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2012-05-01
    🏢
    Company incorporated
    As WINSTON LEISURE LTD
  17. 2012-05-01
    MILTON, Ian Murray appointed
    director
  18. 2012-05-01
    WILDING, Tracey appointed
    director

Owner dependency

78/100
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.
  • +Founder age: Director aged approximately 81 — succession pressure is live.
  • +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 years.
  • 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.)

Group structure

Milton Hotels Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Milton Hotels Ltd
Corporate parent · holds 75-100% shares
ultimate parent
WINSTON LEISURE LTD
This company · SC423135

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%
NameSharesVoting rightsNature of controlNotified
Milton Hotels Ltd
Corporate entity
75100%
75-100% shares01/05/2016

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 →

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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
Incorporated2012-05-01
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation

Registered office

Palace Hotel & Spa
8 Ness Walk
Inverness
IV3 5NG

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-15
Last: 2026-05-01

Officers (2 active · 0 resigned)

MILTON, Ian Murray
director · ~81y · appointed 2012-05-01
View their other companies + combined net worth →
Active
WILDING, Tracey
director · ~51y · appointed 2012-05-01
View their other companies + combined net worth →
Active

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

Recent filings (33 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-08
accounts-with-accounts-type-small
accounts · AA
2025-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-16
change-person-director-company-with-change-date
officers · CH01
2025-05-08
accounts-with-accounts-type-small
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-06
accounts-with-accounts-type-small
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-08
accounts-with-accounts-type-small
accounts · AA
2023-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-08
accounts-with-accounts-type-small
accounts · AA
2021-12-20
change-person-director-company-with-change-date
officers · CH01
2021-08-05
change-person-director-company-with-change-date
officers · CH01
2021-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-07
accounts-with-accounts-type-small
accounts · AA
2020-12-14