B&L BARS LTD
🏛️Establishedactive
SC611008 · ltd · incorporated 2018-10-16
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£2.0k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 77/100 (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 (73/100).
Data confidence
Overall: high (81/100)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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,989
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£2k
↑ 124% YoY
Current Assets
£39k
↓ 28% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £50.8k | £43.8k |
| Current assets | £38.6k | £53.5k |
| Net assets | £2.0k | £-8.4k |
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 (17 events)Click to expand
- 2025-10-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-09-02➕HANLON, Lee Brian appointeddirector
- 2023-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-12-01➖HANLON, Lee Brian resigneddirector
- 2020-10-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-10-16🏢Company incorporatedAs B&L BARS LTD
- 2018-10-16➕DEVENNEY, John appointeddirector
- 2018-10-16➕HANLON, Lee Brian appointeddirector
- 2018-10-16📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
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 63 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- 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 Lee Hanlon Individual · British · DOB 07/1983 · age 43 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 17/10/2025 |
Mr John Devenney Individual · British · DOB 07/1963 · age 63 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 16/10/2018 |
1 historic (ceased) PSC
- Mr Lee Brian Hanlonceased 01/12/2020· 25-50% shares · 25-50% voting · board control
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 · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AULD HOOSE WINDYGATES LIMITED→ SC627782 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| B&C WOK LTD→ SC884586 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BEGGERS' BANQUET LIMITED→ SC370374 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| BELOVED! GROUP LTD→ SC863639 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BENARTY CHIPPY LTD→ SC858506 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BOARDWALK BARS & BISTROS LIMITED→ SC706506 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BRAESIDE ENTERPRISES LIMITED→ SC574257 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BREWS & DUNES LTD→ SC781831 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BURACH LIMITED→ SC549466 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BUZZARD ST ANDREWS LIMITED→ SC676332 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CAFÉ @ NUMBER 16 LIMITED→ SC838287 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CAFE CONTINENTAL LTD→ SC821002 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2018-10-16
Jurisdictionscotland
Primary SIC56302 — Public houses and bars
Registered office
8 Nethergate
Kinghorn
Burntisland
KY3 9SY
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-01
Last: 2025-10-18
Officers (2 active · 1 resigned)
DEVENNEY, John→
Activedirector · ~63y · appointed 2018-10-16
View their other companies + combined net worth →
HANLON, Lee Brian→
Activedirector · ~43y · appointed 2023-09-02
View their other companies + combined net worth →
HANLON, Lee Brian→
Resigneddirector · ~43y · appointed 2018-10-16 · resigned 2020-12-01
Click a director name to see their full track record across all companies.
Recent filings (20 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-22
appoint-person-director-company-with-name-date
officers · AP01
2023-09-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-27
termination-director-company-with-name-termination-date
officers · TM01
2020-12-16