051 LEISURE LTD

🌿Early-stageactive
14849180 · ltd · incorporated 2023-05-05
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£-22.0k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Support activities to performing arts
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £22,034
Net assets shrinking
Down £22,134 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£22k
↓ 22134% YoY
Current Assets
£12k
↑ 12324% YoY
Current Liabilities
-£22k-£15k-£8k-£1k£6k£12kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£-21.2k£100
Current assets£12.4k£100
Net assets£-22.0k£100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-20
    LYNCH, John David appointed
    director
  3. 2025-03-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-02-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-10-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2023-07-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-05-05
    🏢
    Company incorporated
    As 051 LEISURE LTD
  8. 2023-05-05
    BUTLER, Lee Christopher appointed
    director
  9. 2023-05-05
    LAYCOCK, Steven Mark appointed
    director
  10. 2023-05-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

70/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +Young company: Only 3.0 years old — management layer unlikely to be developed.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr John David Lynch
Individual · British · DOB 12/1953 · age 73
2550%
25–50%25-50% shares · 25-50% voting05/10/2023
Mr Steven Mark Laycock
Individual · British · DOB 06/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting05/05/2023
Mr Lee Christopher Butler
Individual · British · DOB 11/1970 · age 56
2550%
25–50%25-50% shares · 25-50% voting05/05/2023

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2023-05-05
Jurisdictionengland-wales
Primary SIC90020 — Support activities to performing arts

Registered office

40 Mill Lane
Wallasey
Merseyside
CH44 5UG
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10

Officers (3 active · 0 resigned)

BUTLER, Lee Christopher
director · ~56y · appointed 2023-05-05
View their other companies + combined net worth →
Active
LAYCOCK, Steven Mark
director · ~49y · appointed 2023-05-05
View their other companies + combined net worth →
Active
LYNCH, John David
director · ~73y · appointed 2025-03-20
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
appoint-person-director-company-with-name-date
officers · AP01
2025-03-20
accounts-with-accounts-type-dormant
accounts · AA
2025-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-10
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-04
incorporation-company
incorporation · NEWINC
2023-05-05