CHANGES BAR LTD

⚰️Wound downdissolved
09900837 · ltd · incorporated 2015-12-03
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
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: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (45/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (58/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
14 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.

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 (15 events)Click to expand
  1. 2021-02-28
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2021-02-28
    🏁
    Company dissolved
  3. 2020-11-28
    ⚠️
    liquidation-compulsory-completion
    insolvency · L64.07
  4. 2019-10-29
    ⚠️
    liquidation-compulsory-winding-up-order
    insolvency · COCOMP
  5. 2019-08-28
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  6. 2019-07-30
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  7. 2019-07-23
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  8. 2018-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-10-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2017-03-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2017-02-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2015-12-03
    🏢
    Company incorporated
    As CHANGES BAR LTD
  13. 2015-12-03
    GRYLLS, Andrew David appointed
    director
  14. 2015-12-03
    RAFTERY, Adam Neill Waites appointed
    director
  15. 2015-12-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

41/100
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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2021-02-28

3 insolvency-related filings on record
high

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

Evidence: 2021-02-28: gazette-dissolved-liquidation; 2020-11-28: liquidation-compulsory-completion

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Andrew David Grylls
Individual · British · DOB 06/1971 · age 55
sig. influencesignificant influence · trust interest · firm interest06/04/2016

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

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Available from the Pro tier upwards.

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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.

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Company details

Statusdissolved
Typeltd
Incorporated2015-12-03
Jurisdictionengland-wales
Primary SIC56302 — Public houses and bars

Registered office

100 Changes
York Road
Hartlepool
Cleveland
TS26 9DQ
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2017-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 0 resigned)

GRYLLS, Andrew David
director · ~55y · appointed 2015-12-03
View their other companies + combined net worth →
Active
RAFTERY, Adam Neill Waites
director · ~38y · appointed 2015-12-03
View their other companies + combined net worth →
Active

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

Recent filings (14 total)

gazette-dissolved-liquidation
gazette · GAZ2
2021-02-28
liquidation-compulsory-completion
insolvency · L64.07
2020-11-28
liquidation-compulsory-winding-up-order
insolvency · COCOMP
2019-10-29
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2019-08-28
gazette-notice-voluntary
gazette · GAZ1(A)
2019-07-30
dissolution-application-strike-off-company
dissolution · DS01
2019-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-12-16
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-10-04
gazette-filings-brought-up-to-date
gazette · DISS40
2017-03-08
confirmation-statement-with-updates
confirmation-statement · CS01
2017-03-07
gazette-notice-compulsory
gazette · GAZ1
2017-02-28
incorporation-company
incorporation · NEWINC
2015-12-03