BARNCROSH LEISURE COMPANY LIMITED

💤Zombieactive
SC060878 · ltd · incorporated 1976-10-08
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£349.0k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other holiday and other collective accommodation
Sector: Accommodation & food service
Investor take
Pursue
Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 67). 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).

🏦

Refinance opportunity

1 live charge · oldest 18.7y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 18.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
95 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £349,001
Net assets shrinking
Down £646 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£349k
~ YoY
Current Assets
£349k
~ YoY
Current Liabilities
—
£0£70k£140k£210k£280k£350kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£349.0k£349.6k
Current assets£349.5k£350.4k
Net assets£349.0k£349.6k

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
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-06-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2023-12-05
    🔓
    Charge satisfied #1
  5. 2023-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-12-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-12-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-12-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-09-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2016-12-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-04-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-12-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2011-10-01
    ➖
    BALL, Elizabeth Anne resigned
    director
  17. 2007-08-20
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  18. 1997-03-17
    ➕
    BALL, Michael Russell appointed
    secretary
  19. 1997-03-17
    ➕
    BALL, Michael Russell appointed
    director
  20. 1997-01-14
    ➖
    BALL, Ronald Heriot resigned
    secretary
  21. 1997-01-14
    ➖
    BALL, Ronald Heriot resigned
    director
  22. 1976-10-08
    🏢
    Company incorporated
    As BARNCROSH LEISURE COMPANY LIMITED

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

95/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 50 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

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Michael Russell Ball
Individual · British · DOB 07/1959 · age 67
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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 →

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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
Incorporated1976-10-08
Jurisdictionscotland
Primary SIC55209 — Other holiday and other collective accommodation

Registered office

Unit 3 Tongland Depot
Kirkcudbright
DG6 4NB
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-04
Last: 2025-11-20

Officers (2 active · 3 resigned)

BALL, Michael Russell→
secretary · appointed 1997-03-17
View their other companies + combined net worth →
Active
BALL, Michael Russell→
director · ~67y · appointed 1997-03-17
View their other companies + combined net worth →
Active
BALL, Ronald Heriot→
secretary · resigned 1997-01-14
Resigned
BALL, Elizabeth Anne→
director · ~104y · resigned 2011-10-01
Resigned
BALL, Ronald Heriot→
director · ~98y · resigned 1997-01-14
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property20/08/200705/12/2023

Recent filings (95 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-13
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-16
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-11
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-20