21ST AMENDMENT NW LIMITED

💤Zombieactive
13962454 · ltd · incorporated 2022-03-08
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
Upgrade to see
Turnover
year to Apr 2025
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 56302Public houses and bars
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
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£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Average employees800700

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. 2026-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-10-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-10-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  4. 2025-07-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-06-30
    STOCKTON, Terence resigned
    director
  6. 2025-06-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-05-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2025-03-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2025-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2025-01-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2024-11-21
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  12. 2024-07-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2024-07-01
    MCCAUGHRAN, Lord Alfred resigned
    director
  14. 2024-06-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2024-05-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2024-05-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2024-04-30
    📄
    change-person-director-company
    officers · CH01
  18. 2024-04-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2024-03-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2022-06-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  21. 2022-06-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2022-05-01
    SULLIVAN, James Nicholas appointed
    director
  23. 2022-03-08
    🏢
    Company incorporated
    As 21ST AMENDMENT NW LIMITED
  24. 2022-03-08
    MCCAUGHRAN, Lord Alfred appointed
    director
  25. 2022-03-08
    STOCKTON, Terence 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Sullstan Beverages Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Sullstan Beverages Limited
Corporate parent · holds 75-100% shares
ultimate parent
21ST AMENDMENT NW LIMITED
This company · 13962454

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Sullstan Beverages Limited
Corporate entity
75100%
75-100% shares01/05/2022
2 historic (ceased) PSCs
  • Mr Terence Stocktonceased 17/05/2025· 25-50% shares · 25-50% voting
  • Mr Lord Alfred Mccaughranceased 16/01/2025· 25-50% shares · 25-50% voting

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
Incorporated2022-03-08
Jurisdictionengland-wales
Primary SIC56101 — Licenced restaurants

Registered office

Hgr Accountants Ltd 3 Linden Road
Cheadle Hulme
Stockport
Cheshire
SK8 5NB
United Kingdom

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-31
Last: 2025-05-17

Officers (1 active · 2 resigned)

SULLIVAN, James Nicholas
director · ~33y · appointed 2022-05-01
View their other companies + combined net worth →
Active
MCCAUGHRAN, Lord Alfred
director · ~69y · appointed 2022-03-08 · resigned 2024-07-01
Resigned
STOCKTON, Terence
director · ~64y · appointed 2022-03-08 · resigned 2025-06-30
Resigned

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

Recent filings (28 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-10-27
termination-director-company-with-name-termination-date
officers · TM01
2025-07-05
change-person-director-company-with-change-date
officers · CH01
2025-06-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-22
change-account-reference-date-company-previous-extended
accounts · AA01
2024-11-21
termination-director-company-with-name-termination-date
officers · TM01
2024-07-04
change-person-director-company-with-change-date
officers · CH01
2024-06-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-04