THE TWA TAMS LTD

⚰️Wound downliquidation
SC620818 · ltd · incorporated 2019-02-11
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 7.0y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2024
Net worth
book net assets
Opportunity
31/100
Pass
🔔
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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 31/100 (pass), bankability 25/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

2 live charges · oldest 7.0y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 7.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
31/100Pass
PassWatchWorth a lookStrongExceptional 

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
13
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Feb 2023Feb 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-02-292023-02-28
Average employees14001800

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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
2
filings
  • 1 address
  • 1 insolvency
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-11-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-11-05
    ⚠️
    liquidation-compulsory-notice-winding-up-order-court-scotland
    insolvency · WU01(Scot)
  3. 2024-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-05-15
    ARNOTT, Robert Graeme resigned
    director
  5. 2024-05-15
    RUSSELL, Gordon Iain resigned
    director
  6. 2024-05-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-05-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-11-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-01-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2023-01-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2023-01-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-04-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2021-04-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2020-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-06-10
    📄
    capital-name-of-class-of-shares
    capital · SH08
  17. 2019-06-10
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2019-05-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2019-05-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2019-05-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2019-05-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2019-05-09
    ARNOTT, Robert Graeme appointed
    director
  23. 2019-05-09
    RUSSELL, Gordon Iain appointed
    director
  24. 2019-05-08
    🔒
    Charge registered #2
    Lender: Caledonian Heritable Limited
  25. 2019-04-24
    🔒
    Charge registered #1
    Lender: Caledonian Heritable Limited
  26. 2019-02-11
    🏢
    Company incorporated
    As THE TWA TAMS LTD
  27. 2019-02-11
    STIRTON, Alexander Iain appointed
    director
  28. 2019-02-11
    WOODS, Christopher Graeme Hume appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-11-30

Confirmation statement overdue
high

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

Evidence: Next due: 2026-02-24

Company in liquidation
high

Company is actively being wound up. Not a going concern.

1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-11-05: liquidation-compulsory-notice-winding-up-order-court-scotland

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alexander Iain Stirton
Individual · British · DOB 07/1987 · age 39
2550%
25-50% shares11/02/2019
Mr Christopher Graeme Hume Woods
Individual · British · DOB 10/1986 · age 40
2550%
25-50% shares11/02/2019

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

11 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

Statusliquidation
Typeltd
Incorporated2019-02-11
Jurisdictionscotland
Primary SIC56302 — Public houses and bars

Registered office

C/O Quantuma Advisory Limited
86a George Street
Edinburgh
EH2 3BU

Filing status

Accounts
Next due: 2025-11-30OVERDUE
Last made up to: 2024-02-29
Confirmation statement
Next due: 2026-02-24OVERDUE
Last: 2025-02-10

Officers (2 active · 2 resigned)

STIRTON, Alexander Iain
director · ~39y · appointed 2019-02-11
View their other companies + combined net worth →
Active
WOODS, Christopher Graeme Hume
director · ~40y · appointed 2019-02-11
View their other companies + combined net worth →
Active
ARNOTT, Robert Graeme
director · ~69y · appointed 2019-05-09 · resigned 2024-05-15
Resigned
RUSSELL, Gordon Iain
director · ~55y · appointed 2019-05-09 · resigned 2024-05-15
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Caledonian Heritable
Caledonian Heritable Limited
A registered charge1 property08/05/2019
outstanding
Caledonian Heritable
Caledonian Heritable Limited
A registered charge24/04/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (27 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-05
liquidation-compulsory-notice-winding-up-order-court-scotland
insolvency · WU01(Scot)
2025-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-28
termination-director-company-with-name-termination-date
officers · TM01
2024-05-15
termination-director-company-with-name-termination-date
officers · TM01
2024-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-10
gazette-filings-brought-up-to-date
gazette · DISS40
2023-01-25
gazette-notice-compulsory
gazette · GAZ1
2023-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-08
change-person-director-company-with-change-date
officers · CH01
2021-04-14