CORNER GRILL BAR & RESTAURANT LTD
💤Zombieactive
SC616268 · ltd · incorporated 2018-12-14
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 Dec 2024
Net worth
£6.6k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 76/100 (strong), bankability 75/100. 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 (73/100).
Data confidence
Overall: high (82/100)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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
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 £6,637
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£7k
↑ 141% YoY
Current Assets
£31k
↑ 9.2% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £6.6k | £2.8k |
| Current assets | £31.3k | £28.6k |
| Net assets | £6.6k | £2.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2025-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-15📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-04-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-04-06📄gazette-notice-compulsorygazette · GAZ1
- 2020-08-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-03-20➕ALI, Shabaro appointeddirector
- 2019-03-20➖AHMED, Mohammed Shahed resigneddirector
- 2019-03-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-03-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-03-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-03-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-12-14🏢Company incorporatedAs CORNER GRILL BAR & RESTAURANT LTD
- 2018-12-14➕AHMED, Mohammed Shahed appointeddirector
- 2018-12-14📄incorporation-companyincorporation · NEWINC
Owner dependency
83/100
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.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Shabaro Ali Individual · British · DOB 10/1962 · age 64 | 75–100% | — | 75-100% shares | 20/03/2019 |
1 historic (ceased) PSC
- Mr Mohammed Shahed Ahmedceased 20/03/2019· 75-100% shares · 75-100% 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
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|---|---|---|---|---|---|---|---|
| CHIMES (FORRES) LTD.→ SC259959 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
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| CONSTABLE'S BOTHY LTD→ SC881835 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| COOK STREET LTD→ SC722730 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| COSY NESS ESCAPE LTD→ SC837789 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CROFTERS KITCHEN LTD→ SC808011 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CS OPS 1241 LTD→ SC590222 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| CVGH LIMITED→ SC588181 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| D.S. MORGANTI LTD→ SC790059 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DEAN'S BAR LIMITED→ SC722600 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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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
Incorporated2018-12-14
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants
Registered office
8 Pilmuir Road
Forres
IV36 1HD
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-03
Last: 2026-03-20
Officers (1 active · 1 resigned)
ALI, Shabaro→
Activedirector · ~64y · appointed 2019-03-20
View their other companies + combined net worth →
AHMED, Mohammed Shahed→
Resigneddirector · ~27y · appointed 2018-12-14 · resigned 2019-03-20
Click a director name to see their full track record across all companies.
Recent filings (22 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-23
gazette-filings-brought-up-to-date
gazette · DISS40
2021-04-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-04-14
gazette-notice-compulsory
gazette · GAZ1
2021-04-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-08-14