WANDSWORTH PUBS LIMITED

💤Zombieactive
NI601197 · ltd · incorporated 2009-11-04
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 May 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

7 live charges · 4 lenders · oldest 16.5y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 16.5 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
64 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
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£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Average employees403900

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
1
filing
  • • 1 officers
Last 90 days
1
filing
  • • 1 officers
Last 180 days
3
filings
  • • 1 officers
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-05-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-04-01
    ➖
    ORMSBY, Lorraine resigned
    director
  3. 2026-01-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-02-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2025-02-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2024-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-03-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2024-03-12
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  9. 2024-02-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-02-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-01-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-11-25
    ➕
    ORMSBY, Lorraine appointed
    director
  15. 2020-11-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2020-01-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-12-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2018-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2016-04-29
    🔓
    Charge satisfied #5
  20. 2016-04-29
    🔓
    Charge satisfied #4
  21. 2016-04-29
    🔓
    Charge satisfied #3
  22. 2016-02-12
    🔒
    Charge registered #7
    Lender: Northern Bank Limited
  23. 2016-02-12
    🔒
    Charge registered #6
    Lender: Tennent's NI Limited
  24. 2015-09-07
    🔒
    Charge registered #5
    Lender: Aib Group (UK) PLC
  25. 2015-07-20
    🔒
    Charge registered #4
    Lender: Aib Group (UK) PLC
  26. 2014-05-16
    🔓
    Charge satisfied #2
  27. 2014-05-16
    🔓
    Charge satisfied #1
  28. 2014-04-30
    🔒
    Charge registered #3
    Lender: Aib Group (UK) PLC
  29. 2009-12-04
    🔒
    Charge registered #2
    Lender: Anglo Irish Bank Corporation Limited
  30. 2009-12-04
    🔒
    Charge registered #1
    Lender: Anglo Irish Bank Corporation Limited
  31. 2009-11-04
    🏢
    Company incorporated
    As WANDSWORTH PUBS LIMITED
  32. 2009-11-04
    ➕
    MAGORRIAN, Stephen Jude appointed
    director

Owner dependency

100/100
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.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

88/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Laura Mary Magorrian
Individual · Irish · DOB 12/1961 · age 65
25–50%
—25-50% shares06/04/2016
Mr Stephen Jude Magorrian
Individual · Irish · DOB 02/1960 · age 66
——sig. influencesignificant influence · firm interest01/06/2016

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 →

Similar companies

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MERIT RETAIL LIMITED→
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——18330y8480y
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——9141y8871y
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——9158y8471y
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CRAIGANTLET FARMS LIMITED→
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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
Incorporated2009-11-04
Jurisdictionnorthern-ireland
Primary SIC56302 — Public houses and bars

Registered office

406a Upper Newtownards Road
Belfast
Down
BT4 3EZ

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-12-14
Last: 2025-11-30

Officers (1 active · 1 resigned)

MAGORRIAN, Stephen Jude→
director · ~66y · appointed 2009-11-04
View their other companies + combined net worth →
Active
ORMSBY, Lorraine→
director · ~52y · appointed 2020-11-25 · resigned 2026-04-01
Resigned

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

Mortgages & charges

7
Total charges
2
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Northern Bank
Northern Bank Limited
A registered charge3 properties12/02/2016—
outstanding
Tennent's NI
Tennent's NI Limited
A registered charge2 properties12/02/2016—
satisfied
Aib Group (UK)
Aib Group (UK) PLC
A registered charge1 property07/09/201529/04/2016
satisfied
Aib Group (UK)
Aib Group (UK) PLC
A registered charge1 property20/07/201529/04/2016
satisfied
Aib Group (UK)
Aib Group (UK) PLC
A registered charge1 property30/04/201429/04/2016
satisfied
Anglo Irish Bank Corporation
Anglo Irish Bank Corporation Limited
Debenture2 properties04/12/200916/05/2014
satisfied
Anglo Irish Bank Corporation
Anglo Irish Bank Corporation Limited
Charge on deposit account3 properties04/12/200916/05/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (64 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-15
gazette-filings-brought-up-to-date
gazette · DISS40
2025-02-26
gazette-notice-compulsory
gazette · GAZ1
2025-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-03
gazette-filings-brought-up-to-date
gazette · DISS40
2024-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-12
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-03-12
gazette-notice-compulsory
gazette · GAZ1
2024-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-19