HIGH SPIRITED LTD

💤Zombieactive
10862798 · ltd · incorporated 2017-07-12
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2025
Net worth
book net assets
Opportunity
65/100
Strong
🔔
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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 active trading company — structural issues outweigh the discount.

Opportunity 65/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (53/100).

Data confidence

Overall: medium (79/100)

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
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Average employees10001200

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
0
filings
Last 180 days
5
filings
  • 3 officers
  • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-03-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-02-23
    PARSONS, Jeremy Trafford appointed
    director
  3. 2026-02-22
    PARFITT, Bradd Kristian Steven resigned
    director
  4. 2026-02-22
    PORTER, Emily resigned
    director
  5. 2026-02-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2026-02-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2026-01-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2026-01-26
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  9. 2026-01-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2026-01-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2026-01-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2026-01-01
    BASNETT, Paul Ronald resigned
    director
  13. 2026-01-01
    MOLLOY, Steven resigned
    director
  14. 2025-12-31
    PORTER, Emily appointed
    director
  15. 2025-12-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2025-12-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2025-12-22
    PARFITT, Bradd Kristian Steven appointed
    director
  18. 2024-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2024-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2023-02-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2021-10-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2021-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2020-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2019-05-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  25. 2018-11-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  26. 2017-07-12
    🏢
    Company incorporated
    As HIGH SPIRITED LTD
  27. 2017-07-12
    BASNETT, Paul Ronald appointed
    director
  28. 2017-07-12
    MOLLOY, Steven appointed
    director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high · 1 med ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-07-12

4 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BASNETT, Paul Ronald resigned 2026-01-01; MOLLOY, Steven resigned 2026-01-01; PARFITT, Bradd Kristian Steven resigned 2026-02-22

Group structure

Bee Social Holdco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bee Social Holdco Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
HIGH SPIRITED LTD
This company · 10862798

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
Bee Social Holdco Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/01/2026

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

8 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
Incorporated2017-07-12
Jurisdictionengland-wales
Primary SIC56302 — Public houses and bars

Registered office

Hideout Arch 3
Queen Street
Wigan
Lancashire
WN3 4HX
United Kingdom

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-12OVERDUE
Last: 2025-06-28

Officers (1 active · 4 resigned)

PARSONS, Jeremy Trafford
director · ~64y · appointed 2026-02-23
View their other companies + combined net worth →
Active
BASNETT, Paul Ronald
director · ~54y · appointed 2017-07-12 · resigned 2026-01-01
Resigned
MOLLOY, Steven
director · ~36y · appointed 2017-07-12 · resigned 2026-01-01
Resigned
PARFITT, Bradd Kristian Steven
director · ~27y · appointed 2025-12-22 · resigned 2026-02-22
Resigned
PORTER, Emily
director · ~23y · appointed 2025-12-31 · resigned 2026-02-22
Resigned

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

Recent filings (27 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-03-02
termination-director-company-with-name-termination-date
officers · TM01
2026-02-22
termination-director-company-with-name-termination-date
officers · TM01
2026-02-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-01-26
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2026-01-26
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-20
termination-director-company-with-name-termination-date
officers · TM01
2026-01-06
termination-director-company-with-name-termination-date
officers · TM01
2026-01-06
appoint-person-director-company-with-name-date
officers · AP01
2025-12-31
appoint-person-director-company-with-name-date
officers · AP01
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-28