2020 RECREATION LTD
Opportunity 74/100 (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 (58/100).
Data confidence
Overall: medium (79/100)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 · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 400 | 400 |
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
- • 1 confirmation-statement
Corporate timeline (22 events)Click to expand
- 2025-10-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-06-02📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-04-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-04-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-03-31➕LEE, Kar Wai Calvin appointeddirector
- 2023-03-31➖NICHOLL, Heidi May, Dr resigneddirector
- 2022-10-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-10-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-05-16📄change-person-director-company-with-change-dateofficers · CH01
- 2016-07-01➖SMILEY, Asher resigneddirector
- 2012-05-10🏢Company incorporatedAs 2020 RECREATION LTD
- 2012-05-10➕NICHOLL, Heidi May, Dr appointeddirector
- 2012-05-10➕SMILEY, Asher appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kar Wai Calvin Lee Individual · British · DOB 04/1983 · age 43 | 75–100% | — | 75-100% shares | 31/03/2023 |
1 historic (ceased) PSC
- Heidi May Nichollceased 31/03/2023· 75-100% shares
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.
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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 · 2 resigned)
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