BOARDWALK BARS & BISTROS LIMITED
💤Zombieactive
SC706506 · ltd · incorporated 2021-08-12
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
—
not disclosed
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: active trading company 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).
🏦
Refinance opportunity
1 live charge · oldest 4.6y
35/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.6 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (59/100)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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
26 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
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
5
filings
- • 3 accounts
- • 2 other
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-01-08📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2026-01-08📄legacyaccounts · PARENT_ACC
- 2026-01-08📄legacyother · GUARANTEE2
- 2026-01-08📄legacyother · AGREEMENT2
- 2025-11-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-08-06📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-07-29📄gazette-notice-compulsorygazette · GAZ1
- 2025-02-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-02-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-05➖FAGAN, Kieran Thomas resigneddirector
- 2024-05-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-09-10🔒Charge registered #1Lender: Thunder Holdings Limited
- 2021-09-09📄capital-name-of-class-of-sharescapital · SH08
- 2021-09-03📄memorandum-articlesincorporation · MA
- 2021-09-03📄resolutionresolution · RESOLUTIONS
- 2021-08-20➕DRYSDALE, Colin Jonathan appointeddirector
- 2021-08-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-08-12🏢Company incorporatedAs BOARDWALK BARS & BISTROS LIMITED
- 2021-08-12➕FAGAN, Kieran Thomas appointeddirector
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 60 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- 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.)
Group structure
Thunder Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Thunder Holdings Limited
Corporate parent · holds 75-100% shares
⬇
BOARDWALK BARS & BISTROS LIMITED
This company · SC706506
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Thunder Holdings Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 05/02/2025 |
2 historic (ceased) PSCs
- Mr Colin Drysdaleceased 05/02/2025· 25-50% shares · 25-50% voting · board control
- Mr Kieran Thomas Faganceased 05/02/2025· 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 |
|---|---|---|---|---|---|---|---|
| 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 | — | — | — | — | — | — | — |
| 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 | — | — |
| CAFE CONTINENTAL LTD→ SC821002 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CARNEGIE CATERING DUNFERMLINE LIMITED→ SC836556 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CHANDA FASTFOOD LTD→ SC707176 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CHEFPLICITY LIMITED→ SC871411 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CHIPPY WORLD LTD→ SC858196 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CHOC N CHERRY LTD→ SC717454 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2021-08-12
Jurisdictionscotland
Primary SIC56302 — Public houses and bars
Registered office
Unit S And Warehouse 5 Telford Road
Eastfield Industrial Estate
Glenrothes
Fife
KY7 4NX
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-08-30
Last: 2025-08-16
Officers (1 active · 1 resigned)
DRYSDALE, Colin Jonathan→
Activedirector · ~60y · appointed 2021-08-20
View their other companies + combined net worth →
FAGAN, Kieran Thomas→
Resigneddirector · ~63y · appointed 2021-08-12 · resigned 2025-02-05
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Thunder Holdings Thunder Holdings Limited | A registered charge | 1 property | 10/09/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (26 total)
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-01-08
legacy
accounts · PARENT_ACC
2026-01-08
legacy
other · GUARANTEE2
2026-01-08
legacy
other · AGREEMENT2
2026-01-08
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-14
gazette-filings-brought-up-to-date
gazette · DISS40
2025-08-06
gazette-notice-compulsory
gazette · GAZ1
2025-07-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-02-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-07
termination-director-company-with-name-termination-date
officers · TM01
2025-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-13