52 BROADWAY LIMITED
🏛️Establishedactive
11214866 · ltd · incorporated 2018-02-20
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 Feb 2025
Net worth
£-6.4k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Unlicenced restaurants and cafes
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. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 2.8y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 2.8 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
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
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
19 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 · FRS 102Negative net assets
Liabilities exceed assets by £6,443
Cash YoY
+743%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£5k
↑ 743% YoY
Net Worth
-£6k
↓ 221% YoY
Current Assets
£293k
↑ 8003% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £287.2k | £-268 |
| Current assets | £293.1k | £3.6k |
| Cash | £5.1k | £602 |
| Debtors | £284.9k | £15 |
| Net assets | £-6.4k | £-2.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
- 2025-11-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-28🔒Charge registered #1Lender: Together Commercial Finance Limited(Crn: 2058813)
- 2023-04-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-04-24📄resolutionresolution · RESOLUTIONS
- 2018-02-20🏢Company incorporatedAs 52 BROADWAY LIMITED
- 2018-02-20➕BURN, Steven William appointeddirector
- 2018-02-20➕BURN, Theresa Anne appointeddirector
- 2018-02-20📄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 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 8 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 61. 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Theresa Anne Burn Individual · British · DOB 12/1967 · age 59 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 20/02/2018 |
Mr Steven William Burn Individual · British · DOB 05/1965 · age 61 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/02/2018 |
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 →Similar companies
Active · Hospitality · EX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 130 BASEMENT LTD→ 12480913 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 165 COFFEE & PROVISIONS LTD→ 13017182 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 20FT FRIED CHICKEN LTD→ 14553188 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 25 ST JAMES PLACE LTD→ 16432456 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 283 LTD→ 14168780 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 2YOO LIMITED→ 11346662 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 4 STAR PRIVATE LIMITED→ 15137591 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 41 APOLLO LTD→ 16137824 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 5 BELLS (CLYST HYDON) COMMUNITY PUB LIMITED→ 15623848 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 5 QUEEN ANNES HIGH STREET (BIDEFORD) MANAGEMENT COMPANY LIMITED→ 06091488 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| 51 DEGREES NORTH COFFEE CO LIMITED→ 16032196 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 68 KARADAG LIMITED→ 15805416 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2018-02-20
Jurisdictionengland-wales
Primary SIC56102 — Unlicenced restaurants and cafes
Registered office
138 High Street
Crediton
Devon
EX17 3DX
United Kingdom
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19
Officers (2 active · 0 resigned)
BURN, Steven William→
Activedirector · ~61y · appointed 2018-02-20
View their other companies + combined net worth →
BURN, Theresa Anne→
Activedirector · ~59y · appointed 2018-02-20
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 | Together Money Together Commercial Finance Limited(Crn: 2058813) | A registered charge | 1 property | 28/07/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (19 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-28