DARK BAR DRINKS LTD
Opportunity 74/100 (strong), bankability 80/100. 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 -72% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 2.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.2 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £13.9k | £18.9k |
| Current assets | £196.5k | £168.2k |
| Cash | £6.6k | £24.0k |
| Debtors | £189.9k | £144.2k |
| Net assets | £1.4k | £-8.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (16 events)Click to expand
- 2026-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-30🔒Charge registered #1Lender: Ultimate Finance LTD
- 2024-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-03-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-10-26➕FOGARTY, Patrick Lindsay appointeddirector
- 2022-10-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-30📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-09-20📄gazette-notice-compulsorygazette · GAZ1
- 2021-06-28🏢Company incorporatedAs DARK BAR DRINKS LTD
- 2021-06-28➕CULLEN, Tom Joseph appointeddirector
- 2021-06-28📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Patrick Lindsay Fogarty Individual · British · DOB 08/1972 · age 54 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 28/06/2021 |
1 historic (ceased) PSC
- Mr Tom Joseph Cullenceased 01/05/2023· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ultimate Finance Ultimate Finance LTD | A registered charge | 1 property | 30/04/2024 | — |