1785 LIMITED

🏛️Establishedactive
12120762 · ltd · incorporated 2019-07-24
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
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Turnover
year to Jan 2025
Net worth
£2.4k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pursue
Asset-holding vehicle with a 68-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
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
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £2,438

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£2k
↑ 109% YoY
Current Assets
£77k
↑ 42% YoY
Current Liabilities
-£26k-£6k£15k£35k£56k£77kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-01-312024-01-31
Total assets£6.6k£-12.8k
Current assets£76.5k£54.1k
Net assets£2.4k£-26.1k

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 (12 events)Click to expand
  1. 2025-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-10-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-03-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-09-07
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2019-12-11
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2019-07-24
    🏢
    Company incorporated
    As 1785 LIMITED
  10. 2019-07-24
    TATE, Alison appointed
    director
  11. 2019-07-24
    TATE, Michael Charles appointed
    director
  12. 2019-07-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Michael Charles Tate
Individual · British · DOB 09/1958 · age 68
2550%
25–50%25-50% shares · 25-50% voting24/07/2019
Mrs Alison Tate
Individual · British · DOB 11/1958 · age 68
2550%
25–50%25-50% shares · 25-50% voting24/07/2019

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

7 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
Incorporated2019-07-24
Jurisdictionengland-wales
Primary SIC56302 — Public houses and bars

Registered office

55 Fountain Street
Morley
Leeds
West Yorkshire
LS27 0AA
United Kingdom

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-08-06
Last: 2025-07-23

Officers (2 active · 0 resigned)

TATE, Alison
director · ~68y · appointed 2019-07-24
View their other companies + combined net worth →
Active
TATE, Michael Charles
director · ~68y · appointed 2019-07-24
View their other companies + combined net worth →
Active

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

Recent filings (15 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-27
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-12
change-account-reference-date-company-previous-shortened
accounts · AA01
2020-09-07
confirmation-statement-with-updates
confirmation-statement · CS01
2020-08-15
resolution
resolution · RESOLUTIONS
2019-12-11
incorporation-company
incorporation · NEWINC
2019-07-24