1066 BAY LTD
🌿Early-stageactive
14872219 · ltd · incorporated 2023-05-16
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
£55.5k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 56101Licenced restaurants
- 56103Take-away food shops and mobile food stands
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 75/100. 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 (58/100).
🏦
Refinance opportunity
1 live charge · oldest 2.2y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 2.2 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £55,504
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£56k
↑ 3910% YoY
Current Assets
£75k
↑ 2984% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £942.9k | £787.8k |
| Current assets | £75.1k | £2.4k |
| Net assets | £55.5k | £1.4k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
- 2026-02-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-16🔒Charge registered #1Lender: Bethnal Investments Limited
- 2024-01-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-16🏢Company incorporatedAs 1066 BAY LTD
- 2023-05-16➕NICKHOLAS, Sureshnixon appointeddirector
- 2023-05-16➕SURESH, Neesarajah appointeddirector
- 2023-05-16📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Young company: Only 2.9 years old — management layer unlikely to be developed.
Succession & seller-readiness
36/100
Weak signalLimited 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Neesarajah Suresh Individual · British · DOB 06/1973 · age 53 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 16/05/2023 |
Mr Sureshnixon Nickholas Individual · British · DOB 05/1972 · age 54 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 16/05/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · BN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 ARUNDEL TERRACE LIMITED→ 04130235 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| 103 MARINE PARADE MANAGEMENT LIMITED→ 03605215 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| 11 PPA LIMITED→ 07963998 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| 114 REIGATE ROAD LIMITED→ 04953914 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 123 PIZZA GO LTD→ 16279166 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 13 LONDON LIMITED→ 14070703 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 13 WESTBOURNE VILLAS (HOVE) LIMITED→ 06670165 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 17 YORK VILLAS BRIGHTON LIMITED→ 05268894 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| 178 DYKE ROAD (BRIGHTON) LIMITED→ 03870426 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| 17G BRIGHTON LIMITED→ 15618357 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 17G CHICHESTER LIMITED→ 15620379 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 17G HOVE LIMITED→ 15620367 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2023-05-16
Jurisdictionengland-wales
Primary SIC55100 — Hotels and similar accommodation
Registered office
No.2 Eastbourne Road
Pevensey Bay
Eastbourne
BN24 6EJ
United Kingdom
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-29
Last: 2025-05-15
Officers (2 active · 0 resigned)
NICKHOLAS, Sureshnixon→
Activedirector · ~54y · appointed 2023-05-16
View their other companies + combined net worth →
SURESH, Neesarajah→
Activedirector · ~53y · appointed 2023-05-16
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Bethnal Investments Bethnal Investments Limited | A registered charge | 1 property | 16/02/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (7 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-30
incorporation-company
incorporation · NEWINC
2023-05-16