GMG RESTAURANTS LIMITED

💤Zombieactive
06695831 · ltd · incorporated 2008-09-11
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 Mar 2024
Net worth
£-31.5k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 56302Public houses and bars
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (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: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £31,475

Key financials

1 year extracted from filed iXBRL accounts
Cash
£10k
Net Worth
-£31k
Current Assets
£665k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-03-30
Total assets£477.6k
Current assets£665.1k
Cash£9.5k
Debtors£647.8k
Net assets£-31.5k

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

🔒Filing-note intelligence

2 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
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-09-20
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-09-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-09-17
    POLETTI, Sergio resigned
    director
  4. 2025-09-16
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2025-04-01
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  6. 2025-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-09-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-06-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2024-06-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-12-06
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2023-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-11-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2021-11-02
    POLETTI, Gianni appointed
    director
  15. 2021-07-21
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  16. 2021-06-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2021-06-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2021-05-19
    📄
    memorandum-articles
    incorporation · MA
  19. 2021-05-19
    📄
    capital-name-of-class-of-shares
    capital · SH08
  20. 2021-05-19
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2021-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2021-04-30
    📄
    capital-allotment-shares
    capital · SH01
  23. 2011-09-22
    POLETTI, Gianni resigned
    director
  24. 2011-02-25
    POLETTI, Sergio appointed
    director
  25. 2009-07-09
    RAFTERY, Paul Matthew resigned
    secretary
  26. 2009-07-09
    POLETTI, Gianni appointed
    director
  27. 2009-07-09
    THOMPSON, Alan Christopher resigned
    director
  28. 2008-09-11
    🏢
    Company incorporated
    As GMG RESTAURANTS LIMITED
  29. 2008-09-11
    RAFTERY, Paul Matthew appointed
    secretary
  30. 2008-09-11
    THOMPSON, Alan Christopher appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Gianni Poletti
Individual · Italian · DOB 10/1971 · age 55
75100%
75-100% shares06/04/2016
1 historic (ceased) PSC
  • Mr Gennaro Chiancaceased 28/06/2021· 25-50% shares · 25-50% voting

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

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
Incorporated2008-09-11
Jurisdictionengland-wales
Primary SIC56101 — Licenced restaurants

Registered office

116 Duke Street
Liverpool
Merseyside
L1 5JW
England

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-03-30
Confirmation statement
Next due: 2026-07-09
Last: 2025-06-25

Officers (1 active · 4 resigned)

POLETTI, Gianni
director · ~55y · appointed 2021-11-02
View their other companies + combined net worth →
Active
RAFTERY, Paul Matthew
secretary · appointed 2008-09-11 · resigned 2009-07-09
Resigned
POLETTI, Gianni
director · ~55y · appointed 2009-07-09 · resigned 2011-09-22
Resigned
POLETTI, Sergio
director · ~86y · appointed 2011-02-25 · resigned 2025-09-17
Resigned
THOMPSON, Alan Christopher
director · ~77y · appointed 2008-09-11 · resigned 2009-07-09
Resigned

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

Recent filings (69 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-09-20
termination-director-company-with-name-termination-date
officers · TM01
2025-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-17
gazette-notice-compulsory
gazette · GAZ1
2025-09-16
change-account-reference-date-company-current-extended
accounts · AA01
2025-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-11
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-06
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-23