TWISTED BARS LTD

⚰️Wound downliquidation
09298475 · ltd · incorporated 2014-11-06
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
year to Dec 2024
Net worth
£-157.6k
book net assets
Opportunity
45/100
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What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 45/100 (watch), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -74% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (85/100). Current lenders should be on monthly review.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
45/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
10
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 · FRS 102
Negative net assets
Liabilities exceed assets by £157,637
Cash draining
Cash down 74% YoY
Cash YoY
-74%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£14k
↓ 74% YoY
Net Worth
-£158k
↓ 137% YoY
Current Assets
£73k
↓ 50% YoY
Current Liabilities
-£158k-£97k-£37k£24k£84k£145kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£-22.6k£174.4k
Current assets£72.5k£144.5k
Cash£13.6k£51.7k
Debtors£35.3k£78.7k
Net assets£-157.6k£-66.6k

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
4
filings
  • 2 insolvency
  • 1 address
  • 1 resolution
Last 180 days
4
filings
  • 2 insolvency
  • 1 address
  • 1 resolution
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-03-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-03-09
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  3. 2026-03-09
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  4. 2026-03-09
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2025-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-07-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-12-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-12-11
    GLENDINNING, Paul Richard resigned
    director
  9. 2023-09-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  10. 2023-06-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2023-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-04-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-06-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-02-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  16. 2019-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-08-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2019-07-26
    ⚠️
    legacy
    insolvency · CAP-SS
  19. 2019-07-26
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2019-05-03
    GLENDINNING, John Michael resigned
    director
  21. 2019-05-03
    HOUGHTON, Nicholas John resigned
    director
  22. 2019-05-03
    WALKER, Gordon Robert resigned
    director
  23. 2017-11-09
    HOUGHTON, Nicholas John appointed
    director
  24. 2017-05-03
    WALKER, Gordon Robert appointed
    director
  25. 2016-02-23
    GLENDINNING, Paul Richard appointed
    director
  26. 2014-11-06
    🏢
    Company incorporated
    As TWISTED BARS LTD
  27. 2014-11-06
    LEWIS, Adam James appointed
    director
  28. 2014-11-06
    GLENDINNING, John Michael 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

50/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 high ·
Company in liquidation
high

Company is actively being wound up. Not a going concern.

3 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-03-09: liquidation-voluntary-statement-of-affairs; 2026-03-09: liquidation-voluntary-appointment-of-liquidator

Group structure

Twisted Bars Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Twisted Bars Holdings Ltd
Corporate parent · holds 75-100% shares
ultimate parent
TWISTED BARS LTD
This company · 09298475

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%
NameSharesVoting rightsNature of controlNotified
Twisted Bars Holdings Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting10/10/2018
2 historic (ceased) PSCs
  • Mr Roger Lewisceased 10/10/2018· significant influence
  • Mr Adam Lewisceased 10/10/2018· significant influence

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

10 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
Incorporated2014-11-06
Jurisdictionengland-wales
Primary SIC56302 — Public houses and bars

Registered office

C/O Conselia Limited, Dalton House
1 Hawksworth Street
Ilkley
West Yorkshire
LS29 9DU

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-30
Last: 2025-09-16

Officers (1 active · 4 resigned)

LEWIS, Adam James
director · ~48y · appointed 2014-11-06
View their other companies + combined net worth →
Active
GLENDINNING, John Michael
director · ~81y · appointed 2014-11-06 · resigned 2019-05-03
Resigned
GLENDINNING, Paul Richard
director · ~56y · appointed 2016-02-23 · resigned 2023-12-11
Resigned
HOUGHTON, Nicholas John
director · ~54y · appointed 2017-11-09 · resigned 2019-05-03
Resigned
WALKER, Gordon Robert
director · ~53y · appointed 2017-05-03 · resigned 2019-05-03
Resigned

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

Recent filings (50 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-11
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2026-03-09
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2026-03-09
resolution
resolution · RESOLUTIONS
2026-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-11
termination-director-company-with-name-termination-date
officers · TM01
2023-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-09-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-21