BAR 15 LTD

💤Zombieactive
NI646515 · ltd · incorporated 2017-06-20
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 Mar 2025
Net worth
£1
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 80/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 2.0y

10/100
under pressure

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

  • · Newest facility, 2.0 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
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
3 connected companies via shared directors
54
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£1
~ YoY
Current Assets
£1
~ YoY
Current Liabilities
—
£0£0£0£1£1£1Mar 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£1£1
Current assets£1£1
Net assets£1£1

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-07-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2024-05-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-05-21
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2024-05-21
    🔒
    Charge registered #1
    Lender: Tennent's NI Limited
  6. 2023-07-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-08-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-07-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2020-07-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2020-06-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2019-09-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2019-03-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2017-06-20
    🏢
    Company incorporated
    As BAR 15 LTD
  14. 2017-06-20
    ➕
    GLOVER, Nicola appointed
    director
  15. 2017-06-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Nicola Glover
Individual · British · DOB 07/1982 · age 44
75–100%
—board control75-100% shares · board control20/06/2017

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
COMMERCIAL COURT INNS LIMITED→
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£8.02M
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——9141y8871y
HAMILTON & KIRK LIMITED→
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£7.94M
£5.96M–£9.93M
——9158y8471y
RAHON ENTERPRISES LIMITED→
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£5.28M
£3.96M–£6.60M
£25.47M—14060034y8770y
ARDGLASS SEA PRODUCTS LIMITED→
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CORPORATE CATERING SERVICES (N.I.) LIMITED→
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£1.08M
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——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→
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———450026y8765y
BEGNEY MEATS LTD→
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NI034900 · est 1998 · no financials extracted
————27y8392y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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.

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Company details

Statusactive
Typeltd
Incorporated2017-06-20
Jurisdictionnorthern-ireland
Primary SIC56302 — Public houses and bars

Registered office

15 Market Square East
Lisburn
BT28 1AE
Northern Ireland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-03
Last: 2025-06-19

Officers (1 active · 0 resigned)

GLOVER, Nicola→
director · ~44y · appointed 2017-06-20
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Tennent's NI
Tennent's NI Limited
A registered charge2 properties21/05/2024—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (20 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-21
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-05-21
accounts-with-accounts-type-dormant
accounts · AA
2023-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-20
accounts-with-accounts-type-dormant
accounts · AA
2022-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-22
accounts-with-accounts-type-dormant
accounts · AA
2021-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-21
accounts-with-accounts-type-dormant
accounts · AA
2020-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-06-19