247 PIZZAS LTD

⚰️Wound downliquidation
12474953 · ltd · incorporated 2020-02-20
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
year to Feb 2025
Net worth
book net assets
Opportunity
44/100
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 56103Take-away food shops and mobile food stands
  • 56210Event catering activities
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 44/100 (watch), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Company in liquidation. Company is actively being wound up. Not a going concern. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

1 live charge · oldest 0.9y

30/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 0.9 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

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, 3 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
1 officers (1 active, 1 linked, 1 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
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
44/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
5
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29

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
5
filings
  • 2 insolvency
  • 1 address
  • 1 resolution
Last 180 days
5
filings
  • 2 insolvency
  • 1 address
  • 1 resolution
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-04-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-04-20
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  3. 2026-04-20
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2026-04-20
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  5. 2025-11-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2025-07-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2025-07-22
    🔒
    Charge registered #1
    Lender: Barclays Security Trustee Limited
  8. 2024-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-11-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-02-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-02-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2020-02-20
    🏢
    Company incorporated
    As 247 PIZZAS LTD
  13. 2020-02-20
    THURSTON, Adam, Mr. appointed
    director
  14. 2020-02-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 ·
Company in liquidation
high

Company is actively being wound up. Not a going concern.

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-04-20: liquidation-voluntary-appointment-of-liquidator; 2026-04-20: liquidation-voluntary-statement-of-affairs

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr. Adam Thurston
Individual · British · DOB 12/1987 · age 39
75100%
75–100%board control75-100% shares · 75-100% voting · board control20/02/2020

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

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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

Statusliquidation
Typeltd
Incorporated2020-02-20
Jurisdictionengland-wales
Primary SIC56101 — Licenced restaurants

Registered office

Atlantic Business Centre
Atlantic Street
Altrincham
WA14 5NQ

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 (1 active · 0 resigned)

THURSTON, Adam, Mr.
director · ~39y · appointed 2020-02-20
View their other companies + combined net worth →
Active

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
TypeProperties
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge22/07/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (17 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-20
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2026-04-20
resolution
resolution · RESOLUTIONS
2026-04-20
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2026-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-29
accounts-with-accounts-type-dormant
accounts · AA
2022-02-01