ABOVE THE STAG THEATRE LIMITED

💤Zombieactive
14624529 · ltd · incorporated 2023-01-30
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 Jan 2026
Net worth
£-11.2k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Artistic creation
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (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 (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
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
2 connected companies via shared directors
51
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £11,204

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£11k
↓ 3.3% YoY
Current Assets
£6k
↑ 107% YoY
Current Liabilities
-£11k-£8k-£4k-£1k£2k£6kJan 2025Jan 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2026-01-312025-01-31
Total assets£-11.2k£-10.8k
Current assets£5.7k£2.8k
Net assets£-11.2k£-10.8k

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
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-04-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-09-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-09-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-09-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-05-27
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  6. 2025-02-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-06-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-01-30
    🏢
    Company incorporated
    As ABOVE THE STAG THEATRE LIMITED
  9. 2023-01-30
    BULL, Peter Anthony appointed
    director
  10. 2023-01-30
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  11. 2023-01-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-05-27: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Peter Anthony Bull
Individual · British · DOB 10/1962 · age 64
75100%
75–100%board control75-100% shares · 75-100% voting · board control30/01/2023

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
Incorporated2023-01-30
Jurisdictionengland-wales
Primary SIC90030 — Artistic creation

Registered office

Second Floor, Kirkland House
11-15 Peterborough Road
Harrow
Middlesex
HA1 2AX
United Kingdom

Filing status

Accounts
Next due: 2027-10-31
Last made up to: 2026-01-31
Confirmation statement
Next due: 2027-02-12
Last: 2026-01-29

Officers (1 active · 0 resigned)

BULL, Peter Anthony
director · ~64y · appointed 2023-01-30
View their other companies + combined net worth →
Active

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

Recent filings (12 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-02
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-15
change-person-director-company-with-change-date
officers · CH01
2025-09-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-08
certificate-change-of-name-company
change-of-name · CERTNM
2025-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-05
certificate-change-of-name-company
change-of-name · CERTNM
2023-01-30
incorporation-company
incorporation · NEWINC
2023-01-30