LEISURE PARK SPAS LTD

💤Zombieactive
SC742994 · ltd · incorporated 2022-08-31
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 Aug 2024
Net worth
£1
book net assets
Opportunity
75/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), 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: 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).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
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 · accounting standard not declared
Positive net assets
Net assets £1
Very low cash
Cash position: £1
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1
~ YoY
Net Worth
£1
~ YoY
Current Assets
Current Liabilities
£0£0£0£1£1£1Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£1£1
Cash£1£1
Net assets£1£1

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
0
filings
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2025-05-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-06-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-06-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-06-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-05-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-08-31
    🏢
    Company incorporated
    As LEISURE PARK SPAS LTD
  7. 2022-08-31
    MORRIS, David appointed
    director
  8. 2022-08-31
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 David Morris
Individual · British · DOB 09/1968 · age 58
75100%
75–100%board control75-100% shares · 75-100% voting · board control31/08/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Retail · KA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
MUFFLE ACOUSTICS LIMITED
SC650727 · est 2020 · no financials extracted
6y
NATIONAL MINI MARKET LTD
SC863339 · est 2025 · no financials extracted
NISA DRONGAN LTD
SC796963 · est 2024 · no financials extracted
2y
NOVA BOUTIQUE LIMITED
SC697397 · est 2021 · no financials extracted
4y
OLD BYRE SHOWROOM LIMITED
SC440111 · est 2013 · no financials extracted
13y
OMEGA GOODS LTD
SC873633 · est 2025 · no financials extracted
OS & NLJ LTD
SC858982 · est 2025 · no financials extracted
OTTANIO LTD
SC823336 · est 2024 · no financials extracted
1y
PARGOLF LTD
SC859851 · est 2025 · no financials extracted
PATERSON STORES LIMITED
SC613390 · est 2018 · no financials extracted
7y
PEDAL PERFECT LIMITED
SC850866 · est 2025 · no financials extracted
PEGASUS FLOORING (SCOTLAND) LTD
SC759656 · est 2023 · no financials extracted
3y
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
Incorporated2022-08-31
Jurisdictionscotland
Primary SIC47789 — Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)

Registered office

Unit A2 Rowallan Business Park
Southcraig Avenue
Kilmarnock
Ayrshire
KA3 6BQ
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-13
Last: 2025-08-30

Officers (1 active · 0 resigned)

MORRIS, David
director · ~58y · appointed 2022-08-31
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)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-08
accounts-with-accounts-type-dormant
accounts · AA
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-02
change-person-director-company-with-change-date
officers · CH01
2024-06-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-04
accounts-with-accounts-type-dormant
accounts · AA
2024-05-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-14
incorporation-company
incorporation · NEWINC
2022-08-31