PHD/BARGA LTD
🌳Matureactive
SC412413 · ltd · incorporated 2011-12-01
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 13.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£414.0k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: active trading company with exceptional profile and acceptable with review structure.
Opportunity 80/100 (exceptional), bankability 65/100. 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 (73/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 13.7y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 13.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)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
4 charges (4/4 with lender, 4/4 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
2 connected companies via shared directors
51
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
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 £413,978
Cash YoY
+22%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£144k
↑ 22% YoY
Net Worth
£414k
↑ 17% YoY
Current Assets
£354k
↑ 23% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £464.6k | £434.2k |
| Current assets | £353.6k | £287.6k |
| Cash | £143.9k | £118.3k |
| Debtors | £200.4k | £154.6k |
| Net assets | £414.0k | £354.0k |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-04-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-08-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-30📄change-person-director-company-with-change-dateofficers · CH01
- 2016-04-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-03-01➕SHEARER, Scott Ryan Cardosi appointeddirector
- 2015-12-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-08-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-12-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-09-06🔒Charge registered #4Lender: Heineken UK Limited
- 2012-09-06🔒Charge registered #3Lender: Bank of Scotland PLC
- 2012-08-24🔒Charge registered #2Lender: Bank of Scotland PLC
- 2012-08-24🔒Charge registered #1Lender: Heineken UK Limited
- 2011-12-01🏢Company incorporatedAs PHD/BARGA LTD
- 2011-12-01➕YOUNGSON, Scott Walker appointeddirector
Owner dependency
71/100
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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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 Scott Ryan Cardosi Shearer Individual · British · DOB 02/1986 · age 40 | — | — | sig. influencesignificant influence | 08/11/2016 |
Mr Scott Walker Youngson Individual · Scottish · DOB 08/1968 · age 58 | — | — | sig. influencesignificant influence | 01/11/2016 |
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 →Similar companies
Active · Hospitality · KW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| KRISPY CHICKEN AND FISH BAR LTD→ SC498000 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| NORTH HOTELS LTD→ SC292029 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ORKNEY ACCOMMODATION LTD→ SC798791 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ORKNEY CHALETS LIMITED→ SC555056 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ORKNEY RETREATS LTD→ SC831838 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| PAYMÁN HOLDINGS 12 LTD→ SC710721 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| PORTLAND HOTEL TRADING LTD→ SC762889 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| PULDAGON FARM SHOP & RESTAURANT LTD→ SC627954 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| QUEEN'S HOTEL (WICK) LTD→ SC269490 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| R & S RENDALL PROPERTY LIMITED→ SC248002 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| RANNER-MCLENAGHAN LTD→ SC858106 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| RICHAN ENTERTAINMENT LTD→ SC859735 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2011-12-01
Jurisdictionscotland
Primary SIC56302 — Public houses and bars
Registered office
Central Hotel
Traill Street
Thurso
KW14 8EJ
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-15
Last: 2025-12-01
Officers (2 active · 0 resigned)
SHEARER, Scott Ryan Cardosi→
Activedirector · ~40y · appointed 2016-03-01
View their other companies + combined net worth →
YOUNGSON, Scott Walker→
Activedirector · ~58y · appointed 2011-12-01
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Heineken UK Heineken UK Limited | Standard security | 1 property | 06/09/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 06/09/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 24/08/2012 | — | |
| outstanding | Heineken UK Heineken UK Limited | Floating charge | 1 property | 24/08/2012 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (37 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-12-05