BARNOMADICS LIMITED
💤Zombieactive
SC240721 · ltd · incorporated 2002-12-05
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 Nov 2024
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Event catering activities
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 70229Management consultancy activities other than financial management
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 73/100 (strong), bankability 65/100. 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 (58/100).
🏦
Refinance opportunity
5 live charges · 2 lenders · oldest 9.1y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
75 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · IFRS| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Average employees | 2500 | 1700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
2
filings
- • 2 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-08-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-15🔒Charge registered #5Lender: Royal Bank of Scotland PLC
- 2024-04-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-17📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-17📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-04-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-29🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2022-07-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-06📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2017-04-19🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2017-04-19🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2017-03-27🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2011-03-01➖LAWRIE, Calum Alexander Armstrong resigneddirector
- 2005-12-31➖JASON, Scott resigneddirector
- 2003-10-31➖LANGAN, Chris resigneddirector
- 2003-08-01➕LANGAN, Christopher appointedsecretary
- 2003-08-01➕LANGAN, Christopher James appointeddirector
- 2003-08-01➖FRAIOLI, Angela resignedsecretary
- 2003-08-01➕JASON, Scott appointeddirector
- 2003-08-01➕LAWRIE, Calum Alexander Armstrong appointeddirector
- 2002-12-05🏢Company incorporatedAs BARNOMADICS LIMITED
- 2002-12-05➕FRAIOLI, Angela appointedsecretary
- 2002-12-05➕LANGAN, Chris appointeddirector
Owner dependency
85/100
Critical — business is the founderThe 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 23 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
1 low5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Christopher James Langan Individual · Scottish · DOB 07/1973 · age 53 | 50–75% | — | 50-75% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BORDERS LOG CABINS LIMITED→ SC605000 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BORDERS SELF CATERING CABINS LIMITED→ SC684554 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BORELAND LODGE LIMITED→ SC502024 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| BORTHWICK CASTLE MANAGEMENT COMPANY LIMITED→ SC449952 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BOSTOCK BAKERY LTD→ SC657717 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| BOTHY PROJECT→ SC563706 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BP20 LTD→ SC850856 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BR MUSS LTD→ SC881916 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BRAE COTTAGE LTD→ SC774148 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BRAIDHAUGH PARK LIMITED→ SC298909 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| BRAVO MO LIMITED→ SC840744 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BRAW BRUNCH LTD→ SC758787 · 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
Incorporated2002-12-05
Jurisdictionscotland
Primary SIC56210 — Event catering activities
Registered office
32 West Gorgie Parks
Hutchison Road
Edinburgh
EH14 1UT
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-30
Last: 2025-12-16
Officers (2 active · 4 resigned)
LANGAN, Christopher→
Activesecretary · appointed 2003-08-01
View their other companies + combined net worth →
LANGAN, Christopher James→
Activedirector · ~53y · appointed 2003-08-01
View their other companies + combined net worth →
FRAIOLI, Angela→
Resignedsecretary · appointed 2002-12-05 · resigned 2003-08-01
JASON, Scott→
Resigneddirector · ~52y · appointed 2003-08-01 · resigned 2005-12-31
LANGAN, Chris→
Resigneddirector · ~53y · appointed 2002-12-05 · resigned 2003-10-31
LAWRIE, Calum Alexander Armstrong→
Resigneddirector · ~48y · appointed 2003-08-01 · resigned 2011-03-01
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
5
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | A registered charge | 1 property | 15/07/2024 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 29/09/2022 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 19/04/2017 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 19/04/2017 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 27/03/2017 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (75 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-17
change-person-director-company-with-change-date
officers · CH01
2023-12-17
change-person-secretary-company-with-change-date
officers · CH03
2023-12-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-23