ATHENS TO MADRID CAFE LIMITED

🚨Distressedactive

11939319 · ltd · incorporated 2019-04-11

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

—

Upgrade to see

Turnover

—

year to Oct 2024

Net worth

£-5.0k

book net assets

Opportunity

53/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Unlicenced restaurants and cafes

Sector: Accommodation & food service

Investor take

Pass (distressed without resilience)

Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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). Current lenders should be on monthly review.

Data confidence

Overall: medium (70/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (1 active, 5 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 5 total, 5 with control declared

Director network

Network not yet resolved

Filing history

40 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

53/100Worth a look

PassWatchWorth a lookStrongExceptional

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

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Some acquirability indicators.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Negative net assets

Liabilities exceed assets by £5,048

Key financials

1 year extracted from filed iXBRL accounts

Cash

£5k

Net Worth

-£5k

Current Assets

£5k

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-10-31
Total assets	£-5.0k
Current assets	£4.8k
Cash	£4.8k
Net assets	£-5.0k

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

filing

• 1 gazette

Last 90 days

filings

• 2 address
• 1 gazette

Last 180 days

filings

• 2 address
• 1 gazette

Counts from Companies House filing history.

Corporate timeline (32 events)Click to expand

2026-07-21
📄
gazette-notice-compulsory
gazette · GAZ1
2026-06-01
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-06-01
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-15
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-07-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-24
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-24
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-07-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-11
➕
DOS SANTOS DA SILVA, Eduardo Domingo appointed
director
2025-07-11
➖
ALCAINO PLAMA, Edith Alejandra resigned
director
2024-12-05
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2024-12-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-12-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-12-04
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-12-04
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-12
➕
ALCAINO PLAMA, Edith Alejandra appointed
director
2024-11-12
➖
SALGADO NARVAEZ, Cesar Stalin resigned
director
2024-02-27
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-27
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-28
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-06-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-19
📄
change-person-director-company-with-change-date
officers · CH01
2023-06-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-06-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-06-15
➖
COBO VILLALBA, Cristian Mariano resigned
director
2023-06-15
➕
SALGADO NARVAEZ, Cesar Stalin appointed
director
2023-06-15
➖
TATO, Paraskevi resigned
director
2019-04-11
🏢
Company incorporated
As ATHENS TO MADRID CAFE LIMITED
2019-04-11
➕
COBO VILLALBA, Cristian Mariano appointed
director
2019-04-11
➕
TATO, Paraskevi appointed
director

Owner dependency

75/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

2 high · 1 low

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: 2026-04-30

Confirmation statement overdue

high

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

Evidence: Next due: 2026-03-12

Multiple registered office changes

low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Eduardo Domingo Dos Santos Da Silva Individual · Portuguese · DOB 12/1973 · age 53	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	11/07/2025

4 historic (ceased) PSCs

Ms Edith Alejandra Alcaino Plamaceased 11/07/2025· 75-100% shares · 75-100% voting · board control
Mr Cesar Stalin Salgado Narvaezceased 12/11/2024· 75-100% shares · 75-100% voting · board control
Miss Paraskevi Tatoceased 15/06/2023· significant influence
Mr Cristian Mariano Cobo Villalbaceased 15/06/2023· significant influence

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Hospitality · E postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A & E CATERING LIMITED→ 11102740 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
A FORTUNE INTERNATIONAL LTD→ 13154988 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
A GOOD CO. LTD→ 15523278 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
A&F RASOOL ENTERPRISE LIMITED→ 14442162 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
AARYA'S KITCHEN LTD→ 14106011 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ACE PIZZA LTD→ 16290311 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ADK FOODS LTD→ 15985014 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ADUN LONDON LTD→ 12165896 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
AETHERIA CORPORATION LIMITED→ 16660877 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AF GLOBAL BD LTD→ 12622822 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
AFAQ ALDAWLIYAH FOR COMMERCIAL AND INVESTMENT SERVICES LTD→ 16665046 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AFFINITY WORKS (ENG) LTD→ 15995247 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

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

🔒Tailored diligence questions

10 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

Incorporated2019-04-11

Jurisdictionengland-wales

Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

16 Kingsland Road

London

E2 8DA

England

Filing status

Accounts

Next due: 2026-04-30OVERDUE

Last made up to: 2024-10-31

Confirmation statement

Next due: 2026-03-12OVERDUE

Last: 2025-02-26

Officers (1 active · 4 resigned)

DOS SANTOS DA SILVA, Eduardo Domingo→

director · ~53y · appointed 2025-07-11

View their other companies + combined net worth →

Active

ALCAINO PLAMA, Edith Alejandra→

director · ~45y · appointed 2024-11-12 · resigned 2025-07-11

Resigned

COBO VILLALBA, Cristian Mariano→

director · ~34y · appointed 2019-04-11 · resigned 2023-06-15

Resigned

SALGADO NARVAEZ, Cesar Stalin→

director · ~37y · appointed 2023-06-15 · resigned 2024-11-12

Resigned

TATO, Paraskevi→

director · ~36y · appointed 2019-04-11 · resigned 2023-06-15

Resigned

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

Recent filings (40 total)

gazette-notice-compulsory

gazette · GAZ1

2026-07-21

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-06-01

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-06-01

change-account-reference-date-company-previous-shortened

accounts · AA01

2025-09-15

termination-director-company-with-name-termination-date

officers · TM01

2025-07-29

appoint-person-director-company-with-name-date

officers · AP01

2025-07-29

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2025-07-24

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2025-07-24

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-07-16

confirmation-statement-with-updates

confirmation-statement · CS01

2025-02-26

change-account-reference-date-company-previous-extended

accounts · AA01

2024-12-05

appoint-person-director-company-with-name-date

officers · AP01

2024-12-04

termination-director-company-with-name-termination-date

officers · TM01

2024-12-04

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2024-12-04

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2024-12-04