BAR STARS LTD

💤Zombieactive
SC544136 · ltd · incorporated 2016-08-31
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
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Turnover
year to Aug 2024
Net worth
£-9.4k
book net assets
Opportunity
68/100
Strong
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (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: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £9,391

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£9k
↓ 42% YoY
Current Assets
£527
↓ 78% YoY
Current Liabilities
-£9k-£7k-£5k-£2k£15£2kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-08-312023-08-31
Total assets£-7.8k£-5.0k
Current assets£527£2.4k
Net assets£-9.4k£-6.6k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-05-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-03-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2022-03-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2021-09-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2021-09-01
    DEMPSTER, Carrie resigned
    director
  9. 2021-02-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-05-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-01-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-08-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2016-08-31
    🏢
    Company incorporated
    As BAR STARS LTD
  15. 2016-08-31
    BABER, Karen appointed
    director
  16. 2016-08-31
    DEMPSTER, Carrie appointed
    director
  17. 2016-08-31
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2016-08-31
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-04-11

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Wayne Baber
Individual · British · DOB 06/1970 · age 56
2550%
25-50% shares31/08/2016
Mrs Karen Baber
Individual · British · DOB 01/1964 · age 62
2550%
25-50% shares31/08/2016
2 historic (ceased) PSCs
  • Mrs Carrie Dempsterceased 01/09/2021· 25-50% shares
  • Mr Steve Dempsterceased 01/09/2021· significant influence

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 →
🔒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
Incorporated2016-08-31
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

The Old City Club
6 Southesk Street
Brechin
DD9 6DY
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-04-11OVERDUE
Last: 2025-03-28

Officers (1 active · 1 resigned)

BABER, Karen
director · ~62y · appointed 2016-08-31
View their other companies + combined net worth →
Active
DEMPSTER, Carrie
director · ~49y · appointed 2016-08-31 · resigned 2021-09-01
Resigned

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

Recent filings (24 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-02
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-03-28
termination-director-company-with-name-termination-date
officers · TM01
2022-03-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-31