LETHENDY BOLTON LIMITED

🏛️Establishedactive
SC596630 · ltd · incorporated 2018-05-09
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
£3.82M
year to Dec 2023
Net worth
book net assets
Opportunity
58/100
Worth a look
🔔
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What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 58/100 (worth a look), bankability 47/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: strategic trade sale (38/100).

🏦

Refinance opportunity

10 live charges · 7 lenders · oldest 7.5y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 7.5 years old — likely at or near maturity.
  • · 7 lenders named — inter-creditor friction likely.
  • · Legal-friction score 48/100 (high).

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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 8 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
57 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
58/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
51
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Loss-making
Loss before tax £990,000
Strong revenue growth
Turnover up 46% YoY
Turnover YoY
+46%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2022Dec 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-12-312022-12-31
Turnover£3.82M£2.62M
Gross profit£3.57M£2.26M
Operating profit£-480.0k£-863.0k
Profit before tax£-990.0k£-1.20M
Average employees200200

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

🔒Filing-note intelligence

3 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
  • 4 officers
  • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (58 events)Click to expand
  1. 2025-12-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-12-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2025-12-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-12-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-12-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-12-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-12-10
    HEANEY, Daniel Charles appointed
    director
  8. 2025-12-10
    MCCLOSKEY, Laura appointed
    director
  9. 2025-12-10
    HALES, Peter Geoffrey resigned
    director
  10. 2025-12-10
    ZIRIN, Andrey resigned
    director
  11. 2025-07-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-06-30
    GODDARD, Peter Andrew resigned
    director
  13. 2025-03-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2025-03-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2025-03-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2025-02-28
    GODDARD, Peter Andrew appointed
    director
  17. 2025-02-28
    NAZAROV, Viacheslav resigned
    director
  18. 2025-02-28
    ZIRIN, Andrey appointed
    director
  19. 2025-02-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2025-02-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2025-02-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2025-02-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  23. 2025-02-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  24. 2025-02-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  25. 2025-02-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  26. 2025-02-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  27. 2025-02-21
    🔓
    Charge satisfied #8
  28. 2025-02-21
    🔓
    Charge satisfied #7
  29. 2025-02-21
    🔓
    Charge satisfied #6
  30. 2025-02-21
    🔓
    Charge satisfied #5
  31. 2025-02-21
    🔓
    Charge satisfied #4
  32. 2025-02-21
    🔓
    Charge satisfied #3
  33. 2025-02-21
    🔓
    Charge satisfied #2
  34. 2025-02-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  35. 2025-02-19
    🔒
    Charge registered #11
    Lender: Cohort Capital LTD
  36. 2025-02-19
    🔒
    Charge registered #10
    Lender: Cohort Capital LTD as Security Agent
  37. 2024-11-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  38. 2024-11-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  39. 2024-08-29
    📄
    legacy
    miscellaneous · ANNOTATION
  40. 2024-07-31
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  41. 2024-07-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  42. 2024-07-23
    🔒
    Charge registered #8
    Lender: Situs Asset Management Limited as Security Agent
  43. 2024-07-23
    🔒
    Charge registered #7
    Lender: Situs Asset Management Limited (As Security Agent)
  44. 2023-08-01
    NAZAROV, Viacheslav appointed
    director
  45. 2023-06-23
    POWER, Raymond Francis resigned
    director
  46. 2022-11-17
    🔒
    Charge registered #6
    Lender: Situs Asset Management Limited
  47. 2022-11-17
    🔒
    Charge registered #5
    Lender: Situs Asset Management Limited (As Security Agent)
  48. 2020-08-10
    🔓
    Charge satisfied #1
  49. 2019-06-26
    🔒
    Charge registered #4
    Lender: Situs Asset Management Limited as Security Trustee
  50. 2019-06-26
    🔒
    Charge registered #3
    Lender: Situs Asset Management Limited as Security Trustee
Showing most recent 50 of 58 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high · 2 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-12-30

3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: GODDARD, Peter Andrew resigned 2025-06-30; HALES, Peter Geoffrey resigned 2025-12-10; ZIRIN, Andrey resigned 2025-12-10

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

European Real Estate Investment Hospitality Senior Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
European Real Estate Investment Hospitality Senior Limited
Corporate parent · holds 75-100% shares
ultimate parent
LETHENDY BOLTON LIMITED
This company · SC596630

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%
NameSharesVoting rightsNature of controlNotified
European Real Estate Investment Hospitality Senior Limited
Corporate entity
75100%
75-100% shares10/12/2025
1 historic (ceased) PSC
  • Lethendy Estates Limitedceased 10/12/2025· 75-100% shares

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

10 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
Incorporated2018-05-09
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation

Registered office

5 Carden Place
Aberdeen
AB10 1UT
United Kingdom

Filing status

Accounts
Next due: 2025-12-30OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2026-05-22
Last: 2025-05-08

Officers (3 active · 6 resigned)

INFINITY SECRETARIES LIMITED
corporate-secretary · appointed 2018-05-09
View their other companies + combined net worth →
Active
HEANEY, Daniel Charles
director · ~37y · appointed 2025-12-10
View their other companies + combined net worth →
Active
MCCLOSKEY, Laura
director · ~47y · appointed 2025-12-10
View their other companies + combined net worth →
Active
COWIE, Simon Henry Dyer
director · ~53y · appointed 2018-05-09 · resigned 2018-09-18
Resigned
GODDARD, Peter Andrew
director · ~62y · appointed 2025-02-28 · resigned 2025-06-30
Resigned
HALES, Peter Geoffrey
director · ~57y · appointed 2018-11-28 · resigned 2025-12-10
Resigned
NAZAROV, Viacheslav
director · ~48y · appointed 2023-08-01 · resigned 2025-02-28
Resigned
POWER, Raymond Francis
director · ~57y · appointed 2018-09-18 · resigned 2023-06-23
Resigned
ZIRIN, Andrey
director · ~39y · appointed 2025-02-28 · resigned 2025-12-10
Resigned

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

Mortgages & charges

10
Total charges
2
Outstanding
2
Active lenders
Status:Lender:10 of 10 shown
TypeProperties
outstanding
Cohort Capital
Cohort Capital LTD
A registered charge11 properties19/02/2025
outstanding
Cohort Capital as Security Agent
Cohort Capital LTD as Security Agent
A registered charge1 property19/02/2025
satisfied
Situs Asset Management as Security Agent
Situs Asset Management Limited as Security Agent
A registered charge3 properties23/07/202421/02/2025
satisfied
Situs Asset Management (As Security Agent)
Situs Asset Management Limited (As Security Agent)
A registered charge23/07/202421/02/2025
satisfied
Situs Asset Management
Situs Asset Management Limited
A registered charge10 properties17/11/202221/02/2025
satisfied
Situs Asset Management (As Security Agent)
Situs Asset Management Limited (As Security Agent)
A registered charge17/11/202221/02/2025
satisfied
Situs Asset Management as Security Trustee
Situs Asset Management Limited as Security Trustee
A registered charge26/06/201921/02/2025
satisfied
Situs Asset Management as Security Trustee
Situs Asset Management Limited as Security Trustee
A registered charge12 properties26/06/201921/02/2025
satisfied
Situs Asset Management as Security Trustee
Situs Asset Management Limited as Security Trustee
A registered charge26/06/201921/02/2025
satisfied
London and Regional Properties
London and Regional Properties Limited
A registered charge2 properties18/10/201810/08/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (57 total)

termination-director-company-with-name-termination-date
officers · TM01
2025-12-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-23
appoint-person-director-company-with-name-date
officers · AP01
2025-12-23
appoint-person-director-company-with-name-date
officers · AP01
2025-12-23
termination-director-company-with-name-termination-date
officers · TM01
2025-12-23
termination-director-company-with-name-termination-date
officers · TM01
2025-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-12
appoint-person-director-company-with-name-date
officers · AP01
2025-03-05
appoint-person-director-company-with-name-date
officers · AP01
2025-03-05
termination-director-company-with-name-termination-date
officers · TM01
2025-03-05
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-21
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-21
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-21
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-21