A & J WHEELER RESTAURANT LIMITED

🚨Distressedactive
08573772 · ltd · incorporated 2013-06-18
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
Net worth
£-79.0k
book net assets
Opportunity
55/100
Worth a look
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What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 55/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
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 £78,962

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£79k
↑ 8.7% YoY
Current Assets
£6k
↓ 30% YoY
Current Liabilities
-£87k-£67k-£48k-£29k-£10k£9kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Total assets£-79.0k£-86.5k
Current assets£6.3k£8.9k
Net assets£-79.0k£-86.5k

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-05-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-05-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-05-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-01-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-05-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-05-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2019-05-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2019-05-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2019-05-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2019-05-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2019-03-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2013-06-18
    🏢
    Company incorporated
    As A & J WHEELER RESTAURANT LIMITED
  18. 2013-06-18
    FISHER, Anne appointed
    director
  19. 2013-06-18
    WHEELER, John Andrew appointed
    director

Owner dependency

78/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "WHEELER" — strong identity link between founder and business.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

44/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 13 years.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-26

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Miss Anne Fisher
Individual · British · DOB 07/1982 · age 44
5075%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016
Mr John Andrew Wheeler
Individual · British · DOB 02/1971 · age 55
5075%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2013-06-18
Jurisdictionengland-wales
Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

Coffee Thyme Barnsley Road
Wombwell
Barnsley
South Yorkshire
S73 8HH
England

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-05-26OVERDUE
Last: 2025-05-12

Officers (2 active · 0 resigned)

FISHER, Anne
director · ~44y · appointed 2013-06-18
View their other companies + combined net worth →
Active
WHEELER, John Andrew
director · ~55y · appointed 2013-06-18
View their other companies + combined net worth →
Active

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

Recent filings (33 total)

gazette-notice-compulsory
gazette · GAZ1
2026-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-05
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-19
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-31