ADMIRAL PARTNERS LTD
🏛️Establishedactive
11618314 · ltd · incorporated 2018-10-11
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
£-198.5k
book net assets
Opportunity
72/100
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 72/100 (strong), bankability 75/100. 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 -89% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
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 (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £198,488
Cash draining
Cash down 89% YoY
Cash YoY
-89%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£731
↓ 89% YoY
Net Worth
-£198k
↓ 23% YoY
Current Assets
£6k
↓ 66% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £-135.8k | £-109.0k |
| Current assets | £5.8k | £17.1k |
| Cash | £731 | £6.7k |
| Debtors | £5.1k | £6.6k |
| Net assets | £-198.5k | £-161.7k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-30📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-10-15📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2024-09-24📄gazette-notice-compulsorygazette · GAZ1
- 2024-01-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-19📄administrative-restoration-companyrestoration · RT01
- 2023-12-19📄gazette-dissolved-compulsorygazette · GAZ2
- 2023-11-14📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2023-09-26📄gazette-notice-compulsorygazette · GAZ1
- 2022-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-15📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-01-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-15📄gazette-notice-compulsorygazette · GAZ1
- 2020-04-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-05-23➖DU GELBY, Jonathan resigneddirector
- 2019-05-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-05-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-10-11🏢Company incorporatedAs ADMIRAL PARTNERS LTD
- 2018-10-11➕FISHER, Alexander appointeddirector
- 2018-10-11➕FISHER, Jonathan James appointeddirector
- 2018-10-11➕DU GELBY, Jonathan appointeddirector
Owner dependency
66/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- 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 |
|---|---|---|---|---|
Mr Jonathan James Fisher Individual · English · DOB 07/1987 · age 39 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 11/10/2018 |
Mr Alexander Fisher Individual · British · DOB 06/1990 · age 36 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/10/2018 |
1 historic (ceased) PSC
- Mr Jonathan Du Gelbyceased 23/05/2019· 25-50% shares · 25-50% voting
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 · OX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A GLASS OF RED PLEASE LTD→ 16034370 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABABEEL CORP LTD→ 16750454 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABIDEN LIMITED→ 13672713 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABINGDON JUICE CORNER LTD→ 15692305 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABSOLUTE TASTE FOOD LIMITED→ 11614499 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADA ASCOT LIMITED→ 15895408 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADAM MIAH DIDCOT LTD→ 14731940 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AFGHAN CUISINE OXFORD LIMITED→ 15844835 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AG CATERING FOOD LTD→ 16622913 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGAH'S PIZZA LTD→ 13678704 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AGEM CATERING LIMITED→ 14216936 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AGHOSHAM LIMITED→ 16954220 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2018-10-11
Jurisdictionengland-wales
Primary SIC56302 — Public houses and bars
Registered office
82 St. Clements Street
Oxford
OX4 1AW
England
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-06-17
Last: 2025-06-03
Officers (2 active · 1 resigned)
FISHER, Alexander→
Activedirector · ~36y · appointed 2018-10-11
View their other companies + combined net worth →
FISHER, Jonathan James→
Activedirector · ~39y · appointed 2018-10-11
View their other companies + combined net worth →
DU GELBY, Jonathan→
Resigneddirector · ~47y · appointed 2018-10-11 · resigned 2019-05-23
Click a director name to see their full track record across all companies.
Recent filings (27 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-30
gazette-filings-brought-up-to-date
gazette · DISS40
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-29
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-10-15
gazette-notice-compulsory
gazette · GAZ1
2024-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-19
administrative-restoration-company
restoration · RT01
2024-01-19
gazette-dissolved-compulsory
gazette · GAZ2
2023-12-19
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-11-14
gazette-notice-compulsory
gazette · GAZ1
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-21