LEISURETAN LIMITED
Opportunity 76/100 (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: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)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 105 (micro)| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £71.8k | £44.4k |
| Current assets | £290.9k | £183.7k |
| Net assets | £44.1k | £10.9k |
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 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (20 events)Click to expand
- 2025-09-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-10-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-30📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-03-19📄gazette-notice-compulsorygazette · GAZ1
- 2023-09-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-04📄resolutionresolution · RESOLUTIONS
- 2023-04-04📄memorandum-articlesincorporation · MA
- 2023-04-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-04-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-04-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-04-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-01-31📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2018-06-26🏢Company incorporatedAs LEISURETAN LIMITED
- 2018-06-26➕PALING, David 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 58 — approaching natural succession window.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanGroup structure
2 corporate shareholders identified. Group structure is distributed.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Paisley Leisure Limited Corporate entity | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 03/04/2023 |
Brian Thomas Paling Trust 2022 Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/07/2023 |
3 historic (ceased) PSCs
- Brian Thomas Palingceased 03/04/2023· 25-50% shares · 25-50% voting · trust interest
- David Palingceased 03/04/2023· 25-50% shares · 25-50% voting · trust interest
- Mr David Palingceased 03/04/2023· 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
Active · Trade services · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MICHIMICH LTD.→ SC327132 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| MIINT CLEANING LIMITED→ SC828414 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MILLER BIOFUELS LIMITED→ SC478674 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ML PRESTINE SERVICES LIMITED→ SC856265 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MOR3 LTD→ SC837776 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MOUNT STUART EVENTS LTD.→ SC228978 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| N CARTER COSMETICS LTD→ SC878467 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| NATURE IN MIND LTD.→ SC344430 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| NIALL'S EXTERIOR CLEANING LTD→ SC858782 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| OBAN PROPERTY SERVICES LIMITED→ SC714369 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| OBAN QUALITY LAUNDRY & DRY CLEANERS LIMITED→ SC876990 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| OFFICE FILE STORAGE (PAISLEY) LTD→ SC542718 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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 · 0 resigned)
Click a director name to see their full track record across all companies.