CHARLIES LEISURE LIMITED

⚰️Wound downdissolved
06695692 · ltd · incorporated 2008-09-11
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
59/100
Worth a look
🔔
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What this business does
Primary activity: SIC 5540
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 59/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: low (47/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
65
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2011-10-04
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2011-10-04
    🏁
    Company dissolved
  3. 2011-06-21
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2011-06-09
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2010-09-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  6. 2010-09-29
    📍
    move-registers-to-sail-company
    address · AD03
  7. 2010-09-29
    📍
    change-sail-address-company
    address · AD02
  8. 2010-01-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2009-09-22
    📄
    legacy
    annual-return · 363a
  10. 2008-09-26
    📄
    legacy
    officers · 288a
  11. 2008-09-26
    📄
    legacy
    capital · 88(2)
  12. 2008-09-12
    📍
    legacy
    address · 287
  13. 2008-09-12
    📄
    legacy
    officers · 288a
  14. 2008-09-12
    📄
    legacy
    officers · 288b
  15. 2008-09-12
    📄
    legacy
    officers · 288a
  16. 2008-09-12
    📄
    legacy
    officers · 288b
  17. 2008-09-11
    🏢
    Company incorporated
    As CHARLIES LEISURE LIMITED
  18. 2008-09-11
    ATSIARIS, Pantelis appointed
    secretary
  19. 2008-09-11
    CHRISTODOULOU, Anthony appointed
    director
  20. 2008-09-11
    CHRISTODOULOU, Chris appointed
    director
  21. 2008-09-11
    LONDON LAW SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  22. 2008-09-11
    LONDON LAW SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  23. 2008-09-11
    LONDON LAW SERVICES LIMITED appointed
    corporate-nominee-director
  24. 2008-09-11
    LONDON LAW SERVICES LIMITED resigned
    corporate-nominee-director
  25. 2008-09-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

76/100
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.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

59/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2011-10-04

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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🔒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.

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🔒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.

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Company details

Statusdissolved
Typeltd
Incorporated2008-09-11
Jurisdictionengland-wales
Primary SIC5540 — SIC 5540

Registered office

92 Powys Lane
Palmers Green
London
N13 4HR

Filing status

Accounts
Next due:
Last made up to: 2009-09-30
Confirmation statement
Next due:
Last:

Officers (0 active · 2 resigned)

ATSIARIS, Pantelis
secretary · appointed 2008-09-11
View their other companies + combined net worth →
Active
CHRISTODOULOU, Anthony
director · ~49y · appointed 2008-09-11
View their other companies + combined net worth →
Active
CHRISTODOULOU, Chris
director · ~55y · appointed 2008-09-11
View their other companies + combined net worth →
Active
LONDON LAW SECRETARIAL LIMITED
corporate-nominee-secretary · appointed 2008-09-11 · resigned 2008-09-11
Resigned
LONDON LAW SERVICES LIMITED
corporate-nominee-director · appointed 2008-09-11 · resigned 2008-09-11
Resigned

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

Recent filings (16 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2011-10-04
gazette-notice-voluntary
gazette · GAZ1(A)
2011-06-21
dissolution-application-strike-off-company
dissolution · DS01
2011-06-09
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-09-30
move-registers-to-sail-company
address · AD03
2010-09-29
change-sail-address-company
address · AD02
2010-09-29
accounts-with-accounts-type-dormant
accounts · AA
2010-01-26
legacy
annual-return · 363a
2009-09-22
legacy
officers · 288a
2008-09-26
legacy
capital · 88(2)
2008-09-26
legacy
address · 287
2008-09-12
legacy
officers · 288a
2008-09-12
legacy
officers · 288b
2008-09-12
legacy
officers · 288a
2008-09-12
legacy
officers · 288b
2008-09-12