BRIGHTON RACECOURSE COMPANY LIMITED
🌳Matureactive
03469200 · ltd · incorporated 1997-11-21
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
£5.17M
year to Dec 2024
Net worth
—
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Operation of sports facilities
Sector: Arts, entertainment & recreation
Investor take
PursueConservative operator. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (62/100).
🏦
Refinance opportunity
8 live charges · 6 lenders · oldest 26.9y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 26.9 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
46 officers (5 active, 46 linked, 37 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
194 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
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 →Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £510,142
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 |
|---|---|
| Turnover | £5.17M |
| Gross profit | £2.30M |
| Operating profit | £522.4k |
| Profit before tax | £510.1k |
| Average employees | 1200 |
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
0
filings
Last 90 days
0
filings
Last 180 days
6
filings
- • 6 officers
Counts from Companies House filing history.
Corporate timeline (122 events)Click to expand
- 2026-01-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-18➕TAYLOR, Jacob Oliver appointeddirector
- 2025-12-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-21➕GALLAGHER, Kieran James appointeddirector
- 2025-11-21➕GALLAGHER, Keiran James appointeddirector
- 2025-11-21➖GALLAGHER, Keiran James resigneddirector
- 2025-11-21➖SPINCER, Mark resigneddirector
- 2025-11-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-11➖GALVIN, Timothy resigneddirector
- 2025-10-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-09-04📄accounts-with-accounts-type-fullaccounts · AA
- 2024-10-11📄accounts-with-accounts-type-fullaccounts · AA
- 2024-05-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-20🔒Charge registered #8Lender: Horserace Betting Levy Board
- 2023-10-12📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-09-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-09-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-25➕HEWITT, John Patrick, Councillor appointeddirector
- 2023-05-25➕GALVIN, Timothy appointeddirector
- 2023-05-24➖WEST, Peter Ronald William, Cllr resigneddirector
- 2023-05-24➖WILLIAMS, Gilliane Michelle resigneddirector
- 2022-12-22📄accounts-with-accounts-type-fullaccounts · AA
- 2022-01-07📄accounts-with-accounts-type-smallaccounts · AA
- 2021-04-26📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-20📄accounts-with-accounts-type-smallaccounts · AA
- 2019-07-04➖ROBERTSON, Kevin Stuart resigneddirector
- 2019-07-04➕SPINCER, Mark appointeddirector
- 2019-05-25➖HAMILTON, Leslie Arthur resigneddirector
- 2019-05-25➖THEOBALD, Carol Ann resigneddirector
- 2019-05-25➕WEST, Peter Ronald William, Cllr appointeddirector
- 2019-05-25➕WILLIAMS, Gilliane Michelle appointeddirector
- 2018-09-29➕NAHUM, Stephane Abraham Joseph appointeddirector
- 2018-09-29➖O'DRISCOLL, Patrick Colin resigneddirector
- 2018-05-10🔓Charge satisfied #7
- 2018-05-10🔓Charge satisfied #6
- 2016-09-19🔓Charge satisfied #2
- 2015-07-23➖KELLY, Anthony Brian resigneddirector
- 2015-05-19➕HAMILTON, Leslie Arthur appointeddirector
- 2015-05-19➖LEPPER, Jeane resigneddirector
- 2015-05-19➖MARSH, Maureen Susan, Councillor resigneddirector
- 2015-05-19➕THEOBALD, Carol Ann appointeddirector
- 2014-06-30➖NAHUM, Stephane Abraham Joseph resigneddirector
- 2014-06-30➕ROBERTSON, Kevin Stuart appointeddirector
- 2014-06-18➖FITCH, Brian Roger resigneddirector
- 2014-06-18➕LEPPER, Jeane appointeddirector
Showing most recent 50 of 122 events
Owner dependency
40/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
2 med ·3 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: GALLAGHER, Keiran James resigned 2025-11-21; GALVIN, Timothy resigned 2025-11-11; SPINCER, Mark resigned 2025-11-21
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Northern Races Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Northern Races Limited
Corporate parent · holds 75-100% shares · board control
⬇
BRIGHTON RACECOURSE COMPANY LIMITED
This company · 03469200
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 |
|---|---|---|---|---|
Northern Races Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 →Similar companies
Active · Leisure & entertainment · SW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 10IS ACADEMY LIMITED→ 10018703 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| 12 ROUNDS BOXING LTD→ 08553301 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| 17FILMS LTD→ 05704252 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| 1936MGMT LTD→ 14391155 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 19TH STREET PRODUCTIONS LTD→ 09780564 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 1UP EVENTS LTD→ 16238326 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 24 HOUR ENTERTAINMENT LIMITED→ 14080823 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 28&2 PRODUCTIONS LTD→ 15663455 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2ND TEAM CASTING LTD→ 15614261 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 2PADEL LIMITED→ 16819578 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 324 ACTIVITIES LIMITED→ 15487408 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 345 GOLF LIMITED→ 11184798 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated1997-11-21
Jurisdictionengland-wales
Primary SIC93110 — Operation of sports facilities
Registered office
4th Floor Millbank Tower
21-24 Millbank
London
England
SW1P 4QP
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-30
Last: 2025-10-16
Officers (5 active · 41 resigned)
Active
GALLAGHER, Kieran James→
Activedirector · ~52y · appointed 2025-11-21
View their other companies + combined net worth →
HEWITT, John Patrick, Councillor→
Activedirector · ~38y · appointed 2023-05-25
View their other companies + combined net worth →
NAHUM, Stephane Abraham Joseph→
Activedirector · ~51y · appointed 2018-09-29
View their other companies + combined net worth →
TAYLOR, Jacob Oliver→
Activedirector · ~37y · appointed 2025-12-18
View their other companies + combined net worth →
CLARKE, Simon William→
Resignedsecretary · appointed 2000-02-25 · resigned 2001-07-19
DOONA, Paul Ernest→
Resignedsecretary · appointed 1998-02-05 · resigned 1999-12-01
HOLMES, Nicolas→
Resignedsecretary · appointed 1999-12-01 · resigned 2000-02-25
KELLY, Anthony Brian→
Resignedsecretary · appointed 2004-09-10 · resigned 2007-02-14
NELSON, Rachel Anne→
Resignedsecretary · appointed 2007-02-14 · resigned 2012-05-14
STOKES, Mark Bryan→
Resignedsecretary · appointed 2001-07-19 · resigned 2004-09-03
MAWLAW SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 1997-11-21 · resigned 1998-02-05
BODFISH, Ken→
Resigneddirector · ~83y · appointed 2003-08-19 · resigned 2006-04-30
BOWDEN, Geoffrey Alan Raphael→
Resigneddirector · ~79y · appointed 2012-06-15 · resigned 2014-06-01
CLARKE, Simon William→
Resigneddirector · ~61y · appointed 1998-10-08 · resigned 2007-06-22
CLARKE, Stanley William, Sir→
Resigneddirector · ~93y · appointed 1998-02-05 · resigned 2004-09-19
DOONA, Paul Ernest→
Resigneddirector · ~74y · appointed 1998-02-04 · resigned 1998-10-08
DUNCAN, Robert Ian, Councillor→
Resigneddirector · ~79y · appointed 1998-02-05 · resigned 2003-06-07
FITCH, Brian Roger→
Resigneddirector · ~85y · appointed 2011-05-19 · resigned 2014-06-18
FITCH, Brian Roger→
Resigneddirector · ~85y · appointed 2006-06-08 · resigned 2007-05-31
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
1
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Horserace Betting Levy Board | A registered charge | 1 property | 20/05/2024 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (The Security Trustee) | Legal charge | 1 property | 20/08/2007 | 10/05/2018 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland as Security Trustee for the Secured Parties(The Security Trustee) | Debenture | 1 property | 20/08/2007 | 10/05/2018 | |
| satisfied | Aib Group (UK) as Agent and Trustee for the Lenders Aib Group (UK) PLC as Agent and Trustee for the Lenders | Amendment agreement relating to a mortgage debenture dated 20 december 2002 and | 1 property | 28/02/2003 | 31/08/2007 | |
| satisfied | Aib Group (UK) as Agent and Trustee for the Lenders Aib Group (UK) PLC as Agent and Trustee for the Lenders | Legal mortgage | 2 properties | 28/02/2003 | 31/08/2007 | |
| satisfied | Aib Group (UK) P.L.C. | Mortgage debenture | 1 property | 20/12/2002 | 12/03/2014 | |
| satisfied | Horserace Betting Levy Board | Legal charge | 2 properties | 11/06/1999 | 19/09/2016 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 12/05/1999 | 13/03/2003 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (194 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-01-13
appoint-person-director-company-with-name-date
officers · AP01
2025-12-19
termination-director-company-with-name-termination-date
officers · TM01
2025-12-19
appoint-person-director-company-with-name-date
officers · AP01
2025-12-16
termination-director-company-with-name-termination-date
officers · TM01
2025-11-24
termination-director-company-with-name-termination-date
officers · TM01
2025-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-07
accounts-with-accounts-type-full
accounts · AA
2025-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-21
accounts-with-accounts-type-full
accounts · AA
2024-10-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-21
accounts-with-accounts-type-full
accounts · AA
2023-10-12
appoint-person-director-company-with-name-date
officers · AP01
2023-09-28