TULISA LTD
🌿Early-stageactive
NI684334 · ltd · incorporated 2021-12-08
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 4.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£157.0k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 76/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 4.3y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~4.3 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (73/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £157,010
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£157k
Current Assets
£198k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 |
|---|---|
| Total assets | £166.5k |
| Current assets | £198.2k |
| Net assets | £157.0k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
- 2025-12-02📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-02-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-02-03🔒Charge registered #1Lender: Northern Bank Limited
- 2021-12-20📄change-person-director-company-with-change-dateofficers · CH01
- 2021-12-08🏢Company incorporatedAs TULISA LTD
- 2021-12-08➕CULLEN, Francis Joseph appointeddirector
- 2021-12-08➕CULLEN, William Patrick appointeddirector
- 2021-12-08📄incorporation-companyincorporation · NEWINC
Owner dependency
81/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 70 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
26/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — CULLEN, William Patrick (same surname) appointed 2021-12-08. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr William Patrick Cullen Individual · Northern Irish · DOB 11/1987 · age 39 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 08/12/2021 |
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| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| THREE KEYS LIVING LTD→ NI729672 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| VISION KILLYMAN LTD→ NI702828 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| WALFRID INNS LIMITED→ NI660062 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| WALKMILL COTTAGES LIMITED→ NI738959 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| WALTON DEVINE LIMITED→ NI727038 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| WALWORTH DEMESNE LIMITED→ NI735555 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| WANDSWORTH PUBS LIMITED→ NI601197 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| WAREHOUSE LANE LIMITED→ NI669819 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| WARREN COLLECTION NEWCASTLE LTD→ NI715638 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| WARRENPOINT PIZZAS LTD→ NI732291 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| WASHINGTON INNS LTD→ NI737954 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| WATASHI WA LTD→ NI681364 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2021-12-08
Jurisdictionnorthern-ireland
Primary SIC56101 — Licenced restaurants
Registered office
18-22 Main Street
Glenavy
Crumlin
BT29 4LW
Northern Ireland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-02
Last: 2025-06-18
Officers (2 active · 0 resigned)
CULLEN, Francis Joseph→
Activedirector · ~70y · appointed 2021-12-08
View their other companies + combined net worth →
CULLEN, William Patrick→
Activedirector · ~39y · appointed 2021-12-08
View their other companies + combined net worth →
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Northern Bank Northern Bank Limited | A registered charge | — | 03/02/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (12 total)
change-account-reference-date-company-current-extended
accounts · AA01
2025-12-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-02-03
change-person-director-company-with-change-date
officers · CH01
2021-12-20
incorporation-company
incorporation · NEWINC
2021-12-08