SPIRIT JOURNEYS LTD
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-28 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 confirmation-statement
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (19 events)Click to expand
- 2026-02-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-02-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-02-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-09-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-02-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-02-05📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-02-04📄gazette-notice-compulsorygazette · GAZ1
- 2018-11-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-10-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-10-04➖CAMPBELL, Gary Iain resigneddirector
- 2017-10-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-12-30📄capital-allotment-sharescapital · SH01
- 2016-12-29➕CAMPBELL, Gary Iain appointeddirector
- 2016-12-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-11-15📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-02-13🏢Company incorporatedAs SPIRIT JOURNEYS LTD
- 2015-02-13➕MACLEAY, Julia appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Julia Macleay Individual · British · DOB 12/1965 · age 61 | 75–100% | — | 75-100% shares | 01/01/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Leisure & entertainment · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ON HIGH HILLS LTD→ SC661851 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| PERFORMERS UK EVA LTD→ SC653265 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| PRODUCTION & TOURING SOLUTIONS LTD→ SC879794 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| RIVERHEAD TRADING LTD→ SC880518 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| SKYEFARI LTD→ SC669526 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| STARDUST (SKYE) LTD→ SC756757 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| THE RICHARD DEMARCO FOUNDATION→ SC044855 · est 1967 · no financials extracted | — | — | — | — | 58y | — | — |
| THE SKYE BLUE GALLERY LIMITED→ SC600171 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| THE TARBAT COMMUNITY HALL GROUP→ SC249708 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| THE TRAINING CLUB INVERNESS LTD→ SC671149 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| THEATRE OF THE 7 DIRECTIONS→ SC364680 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| THECOLLECTORSPOURCOMPETITIONS LTD→ SC859845 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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 (1 active · 1 resigned)
Click a director name to see their full track record across all companies.