LEWBRIDGE ASSOCIATES LIMITED

🚨Distressedactive
10057388 · ltd · incorporated 2016-03-11
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 Mar 2022
Net worth
£-27.4k
book net assets
Opportunity
59/100
Worth a look
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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 admin-neglect survivor — structural issues outweigh the discount.

Opportunity 59/100 (worth a look), bankability 45/100. Strong seller-intent signal (63/100, director aged 71). 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: high (80/100)

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth 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
70
Strong succession / seller-readiness signals.
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 105 (micro)
Negative net assets
Liabilities exceed assets by £27,374

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£27k
↓ 27% YoY
Current Assets
£21k
↓ 11% YoY
Current Liabilities
-£27k-£17k-£7k£3k£13k£23kMar 2021Mar 2022

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2022-03-312021-03-31
Total assets£-27.4k£-21.5k
Current assets£20.8k£23.3k
Net assets£-27.4k£-21.5k

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 (21 events)Click to expand
  1. 2022-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2022-08-09
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  3. 2022-08-05
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  4. 2022-07-27
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2021-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-03-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-01-20
    LAYTON, Pete appointed
    director
  8. 2021-01-20
    PARKER, Linda resigned
    director
  9. 2021-01-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2021-01-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2020-01-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-11-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-11-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2016-03-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2016-03-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2016-03-14
    KAHAN, Barbara resigned
    director
  17. 2016-03-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2016-03-11
    🏢
    Company incorporated
    As LEWBRIDGE ASSOCIATES LIMITED
  19. 2016-03-11
    KAHAN, Barbara appointed
    director
  20. 2016-03-11
    PARKER, Linda appointed
    director
  21. 2016-03-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
Critical — business is the founder

The 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 71 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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: 2023-12-31

Confirmation statement overdue
high

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

Evidence: Next due: 2023-05-08

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Linda Parker
Individual · British · DOB 06/1949 · age 77
2550%
25-50% shares06/04/2016

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

11 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
Incorporated2016-03-11
Jurisdictionengland-wales
Primary SIC56302 — Public houses and bars

Registered office

11 Whitchurch Parade Whitchurch Lane
Edgware
Middlesex
HA8 6LR
United Kingdom

Filing status

Accounts
Next due: 2023-12-31OVERDUE
Last made up to: 2022-03-31
Confirmation statement
Next due: 2023-05-08OVERDUE
Last: 2022-04-24

Officers (1 active · 2 resigned)

LAYTON, Pete
director · ~71y · appointed 2021-01-20
View their other companies + combined net worth →
Active
KAHAN, Barbara
director · ~95y · appointed 2016-03-11 · resigned 2016-03-14
Resigned
PARKER, Linda
director · ~77y · appointed 2016-03-11 · resigned 2021-01-20
Resigned

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

Recent filings (22 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-19
gazette-notice-voluntary
gazette · GAZ1(A)
2022-08-09
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2022-08-05
dissolution-application-strike-off-company
dissolution · DS01
2022-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-09
appoint-person-director-company-with-name-date
officers · AP01
2021-01-20
termination-director-company-with-name-termination-date
officers · TM01
2021-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2018-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-05-03