APPLE ON THE AVENUE LIMITED
💤Zombieactive
08423144 · ltd · incorporated 2013-02-28
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 Feb 2025
Net worth
£106.1k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
PursueActive trading company with a 80-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 80). 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
2 live charges · oldest 11.2y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £106,081
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£106k
↑ 1.8% YoY
Current Assets
£19k
↓ 59% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | £107.0k | £142.8k |
| Current assets | £18.7k | £45.2k |
| Net assets | £106.1k | £104.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-02-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-31➖WATERS, Naomi resigneddirector
- 2024-11-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-10-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-10-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-05-22🔒Charge registered #2Lender: Barclays Bank PLC
- 2015-04-28🔒Charge registered #1Lender: Barclays Bank PLC
- 2014-01-01➕WATERS, Naomi appointeddirector
- 2013-12-31➖COLES, Michael John resigneddirector
- 2013-02-28🏢Company incorporatedAs APPLE ON THE AVENUE LIMITED
- 2013-02-28➕MADEL, Jacqueline De Lathuy appointeddirector
- 2013-02-28➕COLES, Michael John appointeddirector
Owner dependency
90/100
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.
- +Founder age: Director aged approximately 80 — succession pressure is live.
Succession & seller-readiness
88/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Jacqueline De Lathuy Madel Individual · British · DOB 03/1946 · age 80 | 25–50% | — | 25-50% shares | 19/12/2025 |
1 historic (ceased) PSC
- Miss Naomi Louise Prudence Waterceased 20/07/2025· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · GU postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 32 WEST STREET MANAGEMENT CO. LTD.→ 03551690 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| A&S GROUP LTD→ 15773947 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALTON’S BAKERS ARMS LTD→ 15600219 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AMICI CAFE (FLEET) LIMITED→ 10920019 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AMRN CRANLEIGH LIMITED→ 16852100 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANAJ RESTAURANT AND TAKEAWAY LTD.→ 09931617 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ANCHOR & HORSESHOES LIMITED→ 14801464 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ANGELS ASSOCIATES LTD→ 13675615 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AOIFE B LTD→ 08731775 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AOLUNMEI LIMITED→ 11903543 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| APRON STRINGS LTD→ 11801295 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| APS CATERING LIMITED→ 16683539 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2013-02-28
Jurisdictionengland-wales
Primary SIC56102 — Unlicenced restaurants and cafes
Registered office
41 College Ride
Bagshot
Surrey
GU19 5EW
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-11-01
Last: 2025-10-18
Officers (1 active · 2 resigned)
MADEL, Jacqueline De Lathuy→
Activedirector · ~80y · appointed 2013-02-28
View their other companies + combined net worth →
COLES, Michael John→
Resigneddirector · ~65y · appointed 2013-02-28 · resigned 2013-12-31
WATERS, Naomi→
Resigneddirector · ~53y · appointed 2014-01-01 · resigned 2025-07-31
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 22/05/2015 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 28/04/2015 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (37 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-21
change-person-director-company-with-change-date
officers · CH01
2025-12-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-17
termination-director-company-with-name-termination-date
officers · TM01
2025-12-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-21
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-17