UPLIFTING SPIRITS LTD

💤Zombieactive
NI669691 · ltd · incorporated 2020-05-26
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 Aug 2025
Net worth
book net assets
Opportunity
71/100
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 71/100 (strong), bankability 75/100. 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

3 live charges · 2 lenders · oldest 4.7y

20/100
under pressure

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

  • · Charge age ~4.7 years — mid-life; refi window approaching.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
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£0Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-31
Average employees12001900

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
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 90 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-05-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-12-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2022-12-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2022-12-12
    🔓
    Charge satisfied #2
  8. 2022-12-12
    🔓
    Charge satisfied #1
  9. 2022-12-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2022-12-02
    🔒
    Charge registered #3
    Lender: Tennent's NI Limited
  11. 2022-06-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2022-06-10
    🔒
    Charge registered #2
    Lender: Diageo Northern Ireland Limited
  13. 2022-05-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2022-05-01
    PATTERSON, Philip George resigned
    director
  15. 2022-02-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2022-01-20
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  17. 2021-11-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2021-09-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2021-09-27
    🔒
    Charge registered #1
    Lender: Diageo Northern Ireland Limited
  20. 2021-08-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2021-08-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2021-08-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  23. 2021-08-03
    PATTERSON, Sarah Elizabeth appointed
    director
  24. 2021-04-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  25. 2021-04-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  26. 2021-04-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  27. 2020-05-26
    🏢
    Company incorporated
    As UPLIFTING SPIRITS LTD
  28. 2020-05-26
    PATTERSON, Philip George appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Sarah Elizabeth Patterson
Individual · British · DOB 05/1980 · age 46
75100%
25–50%75-100% shares · 75-100% voting26/05/2020
1 historic (ceased) PSC
  • Mr Philip George Pattersonceased 03/08/2021· 25-50% shares · 25-50% voting · board control · significant influence · firm interest

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

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2020-05-26
Jurisdictionnorthern-ireland
Primary SIC56302 — Public houses and bars

Registered office

143 Main Street
Dundrum
Newcastle
Down
BT33 0LX
Northern Ireland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-05-13
Last: 2026-04-29

Officers (1 active · 1 resigned)

PATTERSON, Sarah Elizabeth
director · ~46y · appointed 2021-08-03
View their other companies + combined net worth →
Active
PATTERSON, Philip George
director · ~50y · appointed 2020-05-26 · resigned 2022-05-01
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Tennent's NI
Tennent's NI Limited
A registered charge2 properties02/12/2022
satisfied
Diageo Northern Ireland
Diageo Northern Ireland Limited
A registered charge10/06/202212/12/2022
satisfied
Diageo Northern Ireland
Diageo Northern Ireland Limited
A registered charge1 property27/09/202112/12/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (27 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-11
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-26
mortgage-satisfy-charge-full
mortgage · MR04
2022-12-12
mortgage-satisfy-charge-full
mortgage · MR04
2022-12-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-12-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-10
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-25
termination-director-company-with-name-termination-date
officers · TM01
2022-05-03
accounts-with-accounts-type-dormant
accounts · AA
2022-02-25