EGHOYAN'S PITTA BAKERY LIMITED
⚰️Wound downliquidation
01239248 · ltd · incorporated 1976-01-05
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
37/100
Watch
What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed low-transparency controlled group — structural issues outweigh the discount.
Opportunity 37/100 (watch), bankability 2/100. High owner-dependency — earn-out structure likely required for clean transition. 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: asset disposal / carve-out (100/100). Current lenders should be on immediate intervention.
🏦
Refinance opportunity
15 live charges · 10 lenders · oldest 35.9y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 35.9 years old — likely at or near maturity.
- · 10 lenders named — inter-creditor friction likely.
- · Legal-friction score 75/100 (specialist).
Data confidence
Overall: medium (60/100)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
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
19 officers (2 active, 19 linked, 14 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
189 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
37/100Watch
PassWatchWorth a lookStrongExceptional
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
2
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 insolvency
Last 90 days
1
filing
- • 1 insolvency
Last 180 days
1
filing
- • 1 insolvency
Counts from Companies House filing history.
Corporate timeline (80 events)Click to expand
- 2026-05-12⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2025-05-15⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2024-08-08⚠️liquidation-voluntary-removal-of-liquidator-by-courtinsolvency · LIQ10
- 2024-08-08⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2024-05-25⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2023-04-15⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2023-03-24⚠️liquidation-in-administration-move-to-creditors-voluntary-liquidationinsolvency · AM22
- 2022-10-26⚠️liquidation-in-administration-progress-reportinsolvency · AM10
- 2022-06-08⚠️liquidation-administration-notice-deemed-approval-of-proposalsinsolvency · AM06
- 2022-05-18⚠️liquidation-in-administration-statement-of-affairs-with-form-attachedinsolvency · AM02
- 2022-05-18⚠️liquidation-in-administration-proposalsinsolvency · AM03
- 2022-04-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-26⚠️liquidation-in-administration-appointment-of-administratorinsolvency · AM01
- 2022-03-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-07🔒Charge registered #15Lender: Mrm Properties (London) Limited
- 2022-02-23📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-02-21📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2022-02-21📄legacyaccounts · PARENT_ACC
- 2022-02-21📄legacyother · AGREEMENT2
- 2021-12-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-13🔒Charge registered #14Lender: Nucleus Property Finance Limited
- 2021-12-13🔒Charge registered #13Lender: Nucleus Commercial Finance Limited
- 2021-12-13🔒Charge registered #12Lender: Nucleus Property Finance Limited
- 2021-12-13🔒Charge registered #11Lender: Nucleus Commercial Finance Limited
- 2021-12-10📄legacyother · GUARANTEE2
- 2021-09-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-11-30➖VARNAVIDES, Varnavas resignedsecretary
- 2017-01-23➖WALTON, John Richard resigneddirector
- 2015-01-07🔓Charge satisfied #8
- 2014-02-28🔒Charge registered #10Lender: Bank of Cyprus UK Limited
- 2014-02-28🔒Charge registered #9Lender: Bank of Cyprus UK Limited
- 2014-01-17➕TSIATTALOU, Haralambos appointeddirector
- 2013-06-27➖TSIATTALOU, Haralambos resignedsecretary
- 2013-06-27➕VARNAVIDES, Varnavas appointedsecretary
- 2013-06-27➖TSIATTALOU, Haralambos resigneddirector
- 2013-06-03➕WALTON, John Richard appointeddirector
- 2009-08-01➖TSIATTALOS, Andriani resignedsecretary
- 2009-08-01➕TSIATTALOU, Haralambos appointedsecretary
- 2009-08-01➖TSIATTALOS, Andriani resigneddirector
- 2009-08-01➖TSIATTALOS, Michael resigneddirector
- 2009-04-03🔒Charge registered #8Lender: Marfin Popular Bank Public Co LTD
- 2008-11-26🔓Charge satisfied #5
- 2008-10-25🔓Charge satisfied #7
- 2007-01-18➕CHARALAMBOUS, Andrew appointeddirector
- 2007-01-18➕TSIATTALOU, Haralambos appointeddirector
- 2003-07-01➖MARTIN, Alan Renwick resignedsecretary
- 2003-07-01➕TSIATTALOS, Andriani appointedsecretary
Showing most recent 50 of 80 events
Owner dependency
76/100
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.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
64/100
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.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 50 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
4 high · 1 med · 1 lowAccounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2022-05-23
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2023-01-14
Company in liquidation
highCompany is actively being wound up. Not a going concern.
12 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2026-05-12: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date; 2025-05-15: liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
8 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Charalambous Individual · British · DOB 12/1974 · age 52 | — | — | board controlboard control | 01/07/2016 |
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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|---|---|---|---|---|---|---|---|
| AMAIZONIA LTD→ 12198926 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ANIMAL SPIRITS LTD→ 11631406 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ANTILOGIA LTD→ 16616229 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APERITIVO CLUB LIMITED→ 13196953 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AQUATHENA LTD→ 15525389 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ARBID & SHAER ADVANCED PRODUCTS LTD→ 14938549 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARISTAEUS ELEMENTS LTD→ 11908868 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AROMA N LTD→ 14298554 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ASALI BOTANICS LTD→ 16884234 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ATALIA LTD→ 15148321 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ATARO GROUP LTD→ 13518614 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AU PETIT BISCUIT LIMITED→ 13435633 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
12 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
Incorporated1976-01-05
Jurisdictionengland-wales
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes
Registered office
2nd Floor 110 Cannon Street
London
EC4N 6EU
Filing status
Accounts
Next due: 2022-05-23OVERDUE
Last made up to: 2020-05-30
Confirmation statement
Next due: 2023-01-14OVERDUE
Last: 2021-12-31
Officers (2 active · 17 resigned)
CHARALAMBOUS, Andrew→
Activedirector · ~52y · appointed 2007-01-18
View their other companies + combined net worth →
TSIATTALOU, Haralambos→
Activedirector · ~60y · appointed 2014-01-17
View their other companies + combined net worth →
EGHOYAN, Sarkis→
Resignedsecretary · resigned 1998-01-30
MARTIN, Alan Renwick→
Resignedsecretary · appointed 1998-01-30 · resigned 2003-07-01
TSIATTALOS, Andriani→
Resignedsecretary · appointed 2003-07-01 · resigned 2009-08-01
TSIATTALOU, Haralambos→
Resignedsecretary · appointed 2009-08-01 · resigned 2013-06-27
VARNAVIDES, Varnavas→
Resignedsecretary · appointed 2013-06-27 · resigned 2018-11-30
AHMET, Erdogan→
Resigneddirector · ~77y · resigned 1998-01-30
BIRD, Steven→
Resigneddirector · ~71y · appointed 1999-07-01 · resigned 2003-01-21
BOYD, Stephen Alexander→
Resigneddirector · ~64y · appointed 2002-11-05 · resigned 2003-07-01
BRENNAN, John Edward→
Resigneddirector · ~82y · appointed 2002-11-28 · resigned 2003-07-01
EGHOYAN, Sarkis→
Resigneddirector · ~67y · resigned 1998-01-30
GARLAND, Roderick John→
Resigneddirector · ~74y · appointed 1998-01-30 · resigned 2002-12-03
SHARPE, Clive Richard→
Resigneddirector · ~69y · appointed 2002-11-05 · resigned 2003-07-01
STOTT, Keith John→
Resigneddirector · ~67y · appointed 1998-01-30 · resigned 2002-12-03
TSIATTALOS, Andriani→
Resigneddirector · ~87y · appointed 2003-07-01 · resigned 2009-08-01
TSIATTALOS, Michael→
Resigneddirector · ~86y · appointed 2003-07-01 · resigned 2009-08-01
TSIATTALOU, Haralambos→
Resigneddirector · ~60y · appointed 2007-01-18 · resigned 2013-06-27
WALTON, John Richard→
Resigneddirector · ~68y · appointed 2013-06-03 · resigned 2017-01-23
Click a director name to see their full track record across all companies.
Mortgages & charges
15
Total charges
8
Outstanding
5
Active lenders
Status:Lender:15 of 15 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Mrm Properties (London) Mrm Properties (London) Limited | A registered charge | 1 property | 07/03/2022 | — | |
| outstanding | Nucleus Property Finance Nucleus Property Finance Limited | A registered charge | 1 property | 13/12/2021 | — | |
| outstanding | Nucleus Commercial Finance Nucleus Commercial Finance Limited | A registered charge | 1 property | 13/12/2021 | — | |
| outstanding | Nucleus Property Finance Nucleus Property Finance Limited | A registered charge | — | 13/12/2021 | — | |
| outstanding | Nucleus Commercial Finance Nucleus Commercial Finance Limited | A registered charge | — | 13/12/2021 | — | |
| outstanding | Bank of Cyprus UK Bank of Cyprus UK Limited | A registered charge | 1 property | 28/02/2014 | — | |
| outstanding | Bank of Cyprus UK Bank of Cyprus UK Limited | A registered charge | 1 property | 28/02/2014 | — | |
| satisfied | Marfin Popular Bank Public Co Marfin Popular Bank Public Co LTD | Legal mortgage | 1 property | 03/04/2009 | 07/01/2015 | |
| satisfied | Bank of Cyprus (London) Bank of Cyprus (London) Limited | Debenture | 1 property | 01/07/2003 | 25/10/2008 | |
| outstanding | Bank of Cyprus (London) Bank of Cyprus (London) Limited | Legal charge | 1 property | 01/07/2003 | — | |
| satisfied | Cooperative Centrale Raiffeisen-Boerenleenbank B.Atrading as Rabobank International London Branch, as Agent and Trustee for Itself and Each of the Lenders | A deed of accession pursuant to a debenture dated 5TH october 2001 | 1 property | 15/01/2002 | 26/11/2008 | |
| satisfied | National Westminster Bank as Agent and Trustee for the Secured Parties National Westminster Bank PLC as Agent and Trustee for the Secured Parties | Guarantee & debenture | 1 property | 04/05/2000 | 31/01/2002 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 30/01/1998 | 31/01/2002 | |
| satisfied | Bank of Cyprus London | Legal charge | 1 property | 10/08/1990 | 11/02/1998 | |
| satisfied | Bank of Cyprus (London) Bank of Cyprus (London) Limited | Debenture fixed & floating charge | 1 property | 17/07/1990 | 11/02/1998 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (189 total)
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2026-05-12
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2025-05-15
liquidation-voluntary-removal-of-liquidator-by-court
insolvency · LIQ10
2024-08-08
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2024-08-08
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2024-05-25
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2023-04-15
liquidation-in-administration-move-to-creditors-voluntary-liquidation
insolvency · AM22
2023-03-24
liquidation-in-administration-progress-report
insolvency · AM10
2022-10-26
liquidation-administration-notice-deemed-approval-of-proposals
insolvency · AM06
2022-06-08
liquidation-in-administration-statement-of-affairs-with-form-attached
insolvency · AM02
2022-05-18
liquidation-in-administration-proposals
insolvency · AM03
2022-05-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-04-02
liquidation-in-administration-appointment-of-administrator
insolvency · AM01
2022-03-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-03-21
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-02-23