08112018 LTD

⚰️Wound downliquidation
11668278 · ltd · incorporated 2018-11-08
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2019
Net worth
book net assets
Opportunity
30/100
Pass
🔔
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What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 30/100 (pass), bankability 20/100. High owner-dependency — earn-out structure likely required for clean transition. 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: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
30/100Pass
PassWatchWorth a lookStrongExceptional 

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
13
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2019-11-30

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

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 (10 events)Click to expand
  1. 2025-01-31
    ⚠️
    liquidation-compulsory-winding-up-order
    insolvency · COCOMP
  2. 2021-11-14
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  3. 2021-11-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2020-10-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2020-10-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2020-04-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2020-02-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2018-11-08
    🏢
    Company incorporated
    As 08112018 LTD
  9. 2018-11-08
    DAVIES, Charlene Victoria appointed
    director
  10. 2018-11-08
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

4 high ·
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: 2021-08-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2021-11-21

Company in liquidation
high

Company is actively being wound up. Not a going concern.

1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-01-31: liquidation-compulsory-winding-up-order

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Miss Charlene Victoria Davies
Individual · British · DOB 12/1987 · age 39
75100%
75-100% shares08/11/2018

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusliquidation
Typeltd
Incorporated2018-11-08
Jurisdictionwales
Primary SIC56302 — Public houses and bars

Registered office

3 Murray Street
Llanelli
SA15 1AQ
Wales

Filing status

Accounts
Next due: 2021-08-31OVERDUE
Last made up to: 2019-11-30
Confirmation statement
Next due: 2021-11-21OVERDUE
Last: 2020-11-07

Officers (1 active · 0 resigned)

DAVIES, Charlene Victoria
director · ~39y · appointed 2018-11-08
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

liquidation-compulsory-winding-up-order
insolvency · COCOMP
2025-01-31
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2021-11-14
gazette-notice-compulsory
gazette · GAZ1
2021-11-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-09
accounts-with-accounts-type-dormant
accounts · AA
2020-10-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-10-27
gazette-filings-brought-up-to-date
gazette · DISS40
2020-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-27
gazette-notice-compulsory
gazette · GAZ1
2020-02-04
incorporation-company
incorporation · NEWINC
2018-11-08