AD ASTRA BARS LTD

💤Zombieactive
13458253 · ltd · incorporated 2021-06-15
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
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Turnover
year to Jun 2025
Net worth
£-112.7k
book net assets
Opportunity
64/100
Worth a look
🔔
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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 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £112,692
Cash YoY
-19%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£199k
↓ 19% YoY
Net Worth
-£113k
↑ 16% YoY
Current Assets
£375k
↓ 7.9% YoY
Current Liabilities
-£134k-£26k£82k£191k£299k£407kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£525.6k£639.2k
Current assets£374.9k£407.3k
Cash£199.0k£246.0k
Debtors£153.3k£143.6k
Net assets£-112.7k£-134.4k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-06-30
    📄
    memorandum-articles
    incorporation · MA
  6. 2022-06-30
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2022-06-28
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  8. 2022-06-27
    📄
    capital-name-of-class-of-shares
    capital · SH08
  9. 2021-06-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2021-06-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2021-06-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2021-06-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2021-06-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2021-06-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2021-06-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2021-06-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2021-06-15
    🏢
    Company incorporated
    As AD ASTRA BARS LTD
  18. 2021-06-15
    THOMAS, Stacey Leslie appointed
    director
  19. 2021-06-15
    HALL, Mathew Anthony appointed
    director
  20. 2021-06-15
    HALL, Mathew Anthony resigned
    director
  21. 2021-06-15
    NEWSOME, Christopher Paul appointed
    director
  22. 2021-06-15
    NEWSOME, Christopher Paul resigned
    director
  23. 2021-06-15
    THOMAS, Stacey appointed
    director
  24. 2021-06-15
    THOMAS, Stacey resigned
    director
  25. 2021-06-15
    📄
    incorporation-company
    incorporation · NEWINC

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

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-06-28

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Miss Stacey Leslie Thomas
Individual · British · DOB 05/1972 · age 54
75100%
75–100%board control75-100% shares · 75-100% voting · board control15/06/2021
1 historic (ceased) PSC
  • Mrs Stacey Thomasceased 15/06/2021· 75-100% shares · 75-100% voting · board control

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

8 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
Incorporated2021-06-15
Jurisdictionengland-wales
Primary SIC56302 — Public houses and bars

Registered office

96-98 Pentonville Road
London
N1 9JB
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-28OVERDUE
Last: 2025-06-14

Officers (1 active · 3 resigned)

THOMAS, Stacey Leslie
director · ~54y · appointed 2021-06-15
View their other companies + combined net worth →
Active
HALL, Mathew Anthony
director · ~48y · appointed 2021-06-15 · resigned 2021-06-15
Resigned
NEWSOME, Christopher Paul
director · ~50y · appointed 2021-06-15 · resigned 2021-06-15
Resigned
THOMAS, Stacey
director · ~54y · appointed 2021-06-15 · resigned 2021-06-15
Resigned

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

Recent filings (21 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-18
memorandum-articles
incorporation · MA
2022-06-30
resolution
resolution · RESOLUTIONS
2022-06-30
capital-variation-of-rights-attached-to-shares
capital · SH10
2022-06-28
capital-name-of-class-of-shares
capital · SH08
2022-06-27
appoint-person-director-company-with-name-date
officers · AP01
2021-06-29
termination-director-company-with-name-termination-date
officers · TM01
2021-06-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-06-29