PESTO RESTAURANTS LTD
- · Thesis: well-run, low negotiation leverage
Opportunity 74/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
Refinance opportunity
13 live charges · 6 lenders · oldest 21.2y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 21.2 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 53/100 (high).
Data confidence
Overall: medium (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 officers
- • 6 officers
- • 1 accounts
Corporate timeline (73 events)Click to expand
- 2026-03-24📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-12➕BRADLEY, Fiona Mary appointeddirector
- 2026-02-12➕MILES, Lee Jonathan appointeddirector
- 2026-02-12➕VAUGHAN, Andrew William appointeddirector
- 2026-02-12➖MASON, Anna-Marie resigneddirector
- 2026-01-28📄accounts-with-accounts-type-mediumaccounts · AA
- 2026-01-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-31➖HOPKINS, Chris resigneddirector
- 2025-02-27📄accounts-with-accounts-type-fullaccounts · AA
- 2024-08-23📄change-account-reference-date-companyaccounts · AA01
- 2024-07-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-05🔓Charge satisfied #5
- 2024-06-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-06-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-06-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-06-22🔓Charge satisfied #13
- 2024-06-22🔓Charge satisfied #11
- 2024-06-22🔓Charge satisfied #9
- 2024-05-24📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-05-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-05-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-24📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-05-14➕BURTON, Denise Patricia appointedsecretary
- 2024-05-14➕FREEMAN, Andrew David appointeddirector
- 2024-05-14➕MARTINDALE, Susan Katrina appointeddirector
- 2024-05-14➖GATT, Sara Jane resignedsecretary
- 2024-05-14➖BOOTH, Jeremy Michael resigneddirector
- 2024-05-14➖GATT, Neil Robert resigneddirector
- 2024-05-14➖GATT, Sara Jane resigneddirector
- 2024-05-14➕HOPKINS, Chris appointeddirector
- 2024-05-14➕MASON, Anna-Marie appointeddirector
- 2024-02-26🔓Charge satisfied #12
- 2022-10-13🔒Charge registered #13Lender: The Royal Bank of Scotland PLC
- 2022-07-22➖MODHWADIA, Menesh resigneddirector
- 2021-11-23🔓Charge satisfied #10
- 2021-11-23🔓Charge satisfied #8
- 2021-11-23🔓Charge satisfied #2
- 2021-11-09➕BOOTH, Jeremy Michael appointeddirector
- 2021-11-09➖EVANS, Martin John resigneddirector
- 2021-11-09➕MODHWADIA, Menesh appointeddirector
- 2021-07-16➖DARESBURY, Peter Gilbert, Lord resigneddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
Red flags
2 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: HOPKINS, Chris resigned 2025-12-31; MASON, Anna-Marie resigned 2026-02-12
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Mitchells & Butlers Retail (No 2) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Mitchells & Butlers Retail (No 2) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 14/05/2024 |
2 historic (ceased) PSCs
- Mr Neil Robert Gattceased 14/05/2024· 25-50% shares · 25-50% voting
- Ms Sara Jane Gattceased 14/05/2024· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · B postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 99 COFFEE LIMITED→ 15188904 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 99 WHIPPY LIMITED→ 16307906 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 9TKS LIMITED→ 13710304 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A BEST TASTE LIMITED→ 13902352 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| A1 GRAND EVENTS LTD→ 16833419 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A1 PRAWNS BIRMINGHAM LIMITED→ 16550915 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AA PATISSERIES LIMITED→ 16846389 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AABISH CORPORATION LTD→ 16862205 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AAHQ LIMITED→ 16839137 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AAMAS ENTERPRISES LTD→ 16105159 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AAMIRA RESTAURANT LTD→ 16432903 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AAN FOOD LTD→ 16383456 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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 →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
Registered office
Filing status
Officers (6 active · 9 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 13/10/2022 | 22/06/2024 | |
| satisfied | Neil Robert Gatt | A registered charge | 1 property | 24/08/2018 | 26/02/2024 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 18/04/2018 | 22/06/2024 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 25/03/2017 | 23/11/2021 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 14/02/2014 | 22/06/2024 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland | Legal charge | 1 property | 14/09/2011 | 23/11/2021 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Legal charge | 1 property | 13/02/2009 | 23/06/2018 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Legal charge over licensed premises | 1 property | 13/02/2009 | 11/04/2013 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Legal charge over licensed premises | 1 property | 13/02/2009 | 05/07/2024 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Debenture | 1 property | 06/02/2009 | 11/04/2013 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 14/12/2006 | 21/03/2009 | |
| satisfied | Co-Operative Insurance Society Co-Operative Insurance Society Limited | Rent deposit deed | 1 property | 14/06/2006 | 23/11/2021 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 11/04/2005 | 15/09/2009 |