2 BREWS CAFE BAR LTD
🏛️Establishedactive
11022069 · ltd · incorporated 2017-10-19
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£-67.0k
book net assets
Opportunity
79/100
Strong
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 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -53% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 3.5y
35/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~3.5 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (78/100)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
1 charges (1/1 with lender, 1/1 with type)
90
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
Network not yet resolved
30
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £66,994
Cash draining
Cash down 53% YoY
Cash YoY
-53%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£11k
↓ 53% YoY
Net Worth
-£67k
↓ 72% YoY
Current Assets
£32k
↓ 18% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £-64.5k | £-25.9k |
| Current assets | £32.3k | £39.3k |
| Cash | £10.8k | £23.1k |
| Debtors | £9.3k | £7.7k |
| Net assets | £-67.0k | £-38.9k |
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 (18 events)Click to expand
- 2025-07-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-09📄mortgage-create-with-deedmortgage · MR01
- 2022-11-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-16🔒Charge registered #1Lender: Hall & Woodhouse Limited
- 2022-10-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-10-26📄change-person-director-company-with-change-dateofficers · CH01
- 2022-10-26📄change-person-director-company-with-change-dateofficers · CH01
- 2022-10-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-19🏢Company incorporatedAs 2 BREWS CAFE BAR LTD
- 2017-10-19➕WHITAKER, Richard Ian appointeddirector
- 2017-10-19➕WHITAKER, Wendy Ruth Anne appointeddirector
- 2017-10-19📄incorporation-companyincorporation · NEWINC
Owner dependency
79/100
High — earn-out structure requiredMaterial 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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Ian Whitaker Individual · British · DOB 05/1968 · age 58 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 19/10/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · BH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 10 ULWELL ROAD, SWANAGE, RESIDENTS COMPANY LIMITED→ 03721420 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| 151 STEAKHOUSE LTD→ 12930704 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 286 HOME OF CURRY LTD→ 16245937 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 29029 WAREHAM LTD→ 16983501 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 3 SISTER (NOTTINGHAM) LTD→ 16095421 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 354 FERNDOWN LTD→ 12040530 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 3ALMA LTD→ 15995941 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3J CAFE LTD→ 15749724 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 44.5 DEGREE LIMITED→ 16701579 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 4KICKS LIMITED→ 16407942 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 7 DAYS SOUTH LIMITED→ 16455404 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 888 TRIPLE EIGHT LTD→ 12245504 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2017-10-19
Jurisdictionengland-wales
Primary SIC56302 — Public houses and bars
Registered office
The Horns Inn Burts Hill
Colehill
Wimborne
BH21 7AA
England
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-01
Last: 2025-10-18
Officers (2 active · 0 resigned)
WHITAKER, Richard Ian→
Activedirector · ~58y · appointed 2017-10-19
View their other companies + combined net worth →
WHITAKER, Wendy Ruth Anne→
Activedirector · ~55y · appointed 2017-10-19
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Hall & Woodhouse Hall & Woodhouse Limited | A registered charge | — | 16/11/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (22 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-27
mortgage-create-with-deed
mortgage · MR01
2022-12-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-26
change-person-director-company-with-change-date
officers · CH01
2022-10-26
change-person-director-company-with-change-date
officers · CH01
2022-10-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-29