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STIWDIO3 CIC

🚨Distressedactive
10063450 · ltd · incorporated 2016-03-15
Investment thesis
Distressed but structurally messy — likely a value trap without major surgery.
Why interesting: Headline may look cheap; sector may be recovering.
Why risky: Critical deal-killers in ownership or security; closing cost and post-deal clean-up likely to dominate.
🔒Estimated value
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Turnover
year to Mar 2024
Net worth
£-44.9k
book net assets
Opportunity
60/100
Worth a look
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What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 90040Operation of arts facilities
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 55/100. 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).

Data confidence

Overall: low (40/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
No charge records returned
50
Directors & officers
No officers data
0
Ownership & PSC
No PSC data returned
40
Director network
Network not yet resolved
30
Filing history
No filing history
0
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
70
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £44,891

Key financials

1 year extracted from filed iXBRL accounts
Cash
£3k
Net Worth
-£45k
Current Assets
£24k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-03-29
Total assets£-32.8k
Current assets£24.3k
Cash£2.7k
Debtors£17.3k
Net assets£-44.9k

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

Corporate timeline (1 events)Click to expand
  1. 2016-03-15
    🏢
    Company incorporated
    As STIWDIO3 CIC

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 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: 2025-12-29

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2016-03-15
Jurisdictionengland-wales
Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

Stiwdio 3 High Street
Cardigan
SA43 1HJ
Wales

Filing status

Accounts
Next due: 2025-12-29OVERDUE
Last made up to: 2024-03-29
Confirmation statement
Next due: 2027-03-28
Last: 2026-03-14