VIVA BAR & VENUE LTD

💤Zombieactive
NI646413 · ltd · incorporated 2017-06-14
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 Jun 2021
Net worth
£100
book net assets
Opportunity
58/100
Worth a look
🔔
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What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Special-situation opportunity
Distressed hospitality with salvageable qualities — special-situations priority.

Opportunity 58/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100). Current lenders should be on monthly review.

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
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
Network not yet resolved
30
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £100
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£100
~ YoY
Net Worth
£100
~ YoY
Current Assets
Current Liabilities
£0£20£40£60£80£100Jun 2020Jun 2021

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2021-06-302020-06-30
Total assets£100£100
Cash£100£100
Net assets£100£100

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
1
filing
  • 1 dissolution
Last 90 days
2
filings
  • 1 dissolution
  • 1 gazette
Last 180 days
2
filings
  • 1 dissolution
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-05-20
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2023-12-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2023-06-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2023-05-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2022-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-12-31
    HUGHES, Wendy resigned
    director
  8. 2021-06-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2020-06-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2019-03-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-06-14
    🏢
    Company incorporated
    As VIVA BAR & VENUE LTD
  12. 2017-06-14
    HUGHES, Anthony James appointed
    director
  13. 2017-06-14
    HUGHES, Wendy appointed
    director
  14. 2017-06-14
    📄
    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 62 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2023-03-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2024-06-27

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Anthony James Hughes
Individual · Irish · DOB 12/1964 · age 62
2550%
25-50% shares14/06/2017
Mrs Wendy Hughes
Individual · British · DOB 10/1965 · age 61
2550%
25-50% shares14/06/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2017-06-14
Jurisdictionnorthern-ireland
Primary SIC56302 — Public houses and bars

Registered office

9 Lower English Street
Armagh
Co. Armagh
BT61 7LJ
Northern Ireland

Filing status

Accounts
Next due: 2023-03-31OVERDUE
Last made up to: 2021-06-30
Confirmation statement
Next due: 2024-06-27OVERDUE
Last: 2023-06-13

Officers (1 active · 1 resigned)

HUGHES, Anthony James
director · ~62y · appointed 2017-06-14
View their other companies + combined net worth →
Active
HUGHES, Wendy
director · ~61y · appointed 2017-06-14 · resigned 2021-12-31
Resigned

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

Recent filings (16 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-05-20
gazette-notice-compulsory
gazette · GAZ1
2026-04-28
termination-director-company-with-name-termination-date
officers · TM01
2023-12-28
gazette-filings-brought-up-to-date
gazette · DISS40
2023-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-15
gazette-notice-compulsory
gazette · GAZ1
2023-05-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-23
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-06-26