BAR 51 LTD

⚰️Wound downdissolved
SC510745 · ltd · incorporated 2015-07-14
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
56/100
Worth a look
🔔
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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 56/100 (worth a look), 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: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 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
56/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

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 (13 events)Click to expand
  1. 2017-09-05
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2017-09-05
    🏁
    Company dissolved
  3. 2017-06-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2016-12-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2016-10-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2016-10-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2016-10-11
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2016-09-30
    TULLETT, John Gary resigned
    director
  9. 2016-06-30
    ALEXANDER, Evan Rose appointed
    director
  10. 2015-07-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2015-07-14
    🏢
    Company incorporated
    As BAR 51 LTD
  12. 2015-07-14
    TULLETT, John Gary appointed
    director
  13. 2015-07-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2017-09-05

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John Gary Tullett
Individual · British · DOB 11/1963 · age 63
75100%
75-100% shares13/07/2016

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

Statusdissolved
Typeltd
Incorporated2015-07-14
Jurisdictionscotland
Primary SIC56302 — Public houses and bars

Registered office

152a High Street
Irvine
KA12 8AN
United Kingdom

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due:
Last:

Officers (0 active · 1 resigned)

ALEXANDER, Evan Rose
director · ~31y · appointed 2016-06-30
View their other companies + combined net worth →
Active
TULLETT, John Gary
director · ~63y · appointed 2015-07-14 · resigned 2016-09-30
Resigned

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

Recent filings (9 total)

gazette-dissolved-compulsory
gazette · GAZ2
2017-09-05
gazette-notice-compulsory
gazette · GAZ1
2017-06-20
termination-director-company-with-name-termination-date
officers · TM01
2016-12-09
gazette-filings-brought-up-to-date
gazette · DISS40
2016-10-22
confirmation-statement-with-updates
confirmation-statement · CS01
2016-10-19
appoint-person-director-company-with-name-date
officers · AP01
2016-10-19
gazette-notice-compulsory
gazette · GAZ1
2016-10-11
change-person-director-company-with-change-date
officers · CH01
2015-07-16
incorporation-company
incorporation · NEWINC
2015-07-14