TULLANA RESTAURANT LTD

🌳Matureactive
NI623503 · ltd · incorporated 2014-03-19
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£710.7k
book net assets
Opportunity
74/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (78/100)

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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £710,698

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£711k
↑ 5.6% YoY
Current Assets
£733k
↑ 6.1% YoY
Current Liabilities
—
£0£147k£293k£440k£586k£733kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£725.5k£697.3k
Current assets£732.8k£690.8k
Net assets£710.7k£672.9k

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

Recent activity

Last 30 days
0
filings
Last 90 days
5
filings
  • • 3 persons-with-significant-control
  • • 1 confirmation-statement
  • • 1 officers
Last 180 days
5
filings
  • • 3 persons-with-significant-control
  • • 1 confirmation-statement
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-04-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2026-04-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-04-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-04-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-12-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-09-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-10-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-10-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-12-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-12-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-11-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-05-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-03-19
    🏢
    Company incorporated
    As TULLANA RESTAURANT LTD
  17. 2014-03-19
    ➕
    KNOX, Karen appointed
    secretary
  18. 2014-03-19
    ➕
    KNOX, Karen appointed
    director
  19. 2014-03-19
    ➕
    KNOX, Raymond John appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

49/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 12 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Karen Knox
Individual · British · DOB 03/1979 · age 47
25–50%
—25-50% shares01/04/2026
Mr Raymond John Knox
Individual · British · DOB 06/1975 · age 51
25–50%
—25-50% shares19/03/2017
1 historic (ceased) PSC
  • Mrs Karen Knoxceased 01/04/2026· 25-50% shares

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

Active · Hospitality · BT postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
MERIT RETAIL LIMITED→
NI029742 · est 1995
£17.75M
£13.31M–£22.19M
——18330y8480y
COMMERCIAL COURT INNS LIMITED→
NI017998 · est 1984
£8.02M
£6.01M–£10.02M
——9141y8871y
HAMILTON & KIRK LIMITED→
NI007110 · est 1967
£7.94M
£5.96M–£9.93M
——9158y8471y
RAHON ENTERPRISES LIMITED→
NI025935 · est 1991
£5.28M
£3.96M–£6.60M
£25.47M—14060034y8770y
ARDGLASS SEA PRODUCTS LIMITED→
NI019419 · est 1986
£2.80M
£2.10M–£3.50M
£13.23M—230040y8474y
CORPORATE CATERING SERVICES (N.I.) LIMITED→
NI057271 · est 2005
£1.08M
£811.6k–£1.35M
——500020y8572y
PAUL CONNAN LIMITED→
NI043593 · est 2002
£1.02M
£763.9k–£1.27M
£24.77M—6300023y8767y
CRAIGANTLET FARMS LIMITED→
NI004897 · est 1961
£455.3k
£341.5k–£569.1k
£4.92M—960065y8766y
FLOYDS AND BALLYMAGORRY ARMS LTD→
NI067811 · est 2008
£90.2k
£67.7k–£112.8k
——190018y8767y
KNOXLINK LIMITED→
NI038117 · est 2000
———450026y8765y
BEGNEY MEATS LTD→
NI072850 · est 2009
——£296.3k—16y8361y
CNOCNAFEOLA CENTRE LIMITED-THE→
NI034900 · est 1998 · no financials extracted
————27y8392y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2014-03-19
Jurisdictionnorthern-ireland
Primary SIC56101 — Licenced restaurants

Registered office

Whitehill North
Lisnarick
Co. Fermanagh
BT94 1LP

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-02
Last: 2026-03-19

Officers (3 active · 0 resigned)

KNOX, Karen→
secretary · appointed 2014-03-19
View their other companies + combined net worth →
Active
KNOX, Karen→
director · ~47y · appointed 2014-03-19
View their other companies + combined net worth →
Active
KNOX, Raymond John→
director · ~51y · appointed 2014-03-19
View their other companies + combined net worth →
Active

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

Recent filings (28 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-04-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-01
change-person-director-company-with-change-date
officers · CH01
2026-04-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-06