RESTBITE LIMITED

💤Zombieactive
SC135434 · ltd · incorporated 1991-12-06
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
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 73-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 57/100. Strong seller-intent signal (83/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 34.2y

15/100
under pressure

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

  • · Oldest live charge is 34.2 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
101 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees00

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

🔒Filing-note intelligence

2 signals 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
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
  • • 1 confirmation-statement
  • • 1 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-12-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-12-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-02-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-09-13
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  11. 2017-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-06-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-12-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-09-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-12-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2002-08-07
    🔒
    Charge registered #5
    Lender: Lloyds Tsb Scotland PLC
  17. 2001-07-26
    🔒
    Charge registered #4
    Lender: Skipton Building Society
  18. 2001-06-08
    🔒
    Charge registered #3
    Lender: Skipton Building Society
  19. 1993-06-23
    🔓
    Charge satisfied #1
  20. 1993-06-16
    ➖
    MACPHERSON, Alastair Norman resigned
    director
  21. 1993-06-01
    ➕
    HAGGERTY, Dorothy Christisen appointed
    secretary
  22. 1993-05-27
    ➕
    MACPHERSON, Alastair Norman appointed
    director
  23. 1993-05-05
    ➖
    FORTUNE, Nigel Bruce resigned
    secretary
  24. 1993-03-05
    ➖
    SAUNDERS, Thomas Patrick resigned
    director
  25. 1992-02-10
    🔒
    Charge registered #2
    Lender: Michael Anthony Denaghy
  26. 1992-02-10
    🔒
    Charge registered #1
    Lender: Clansman Travel and Leisure
  27. 1991-12-18
    ➕
    DONAGHY, Michael Anthony appointed
    director
  28. 1991-12-18
    ➕
    FORTUNE, Nigel Bruce appointed
    secretary
  29. 1991-12-18
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  30. 1991-12-18
    ➕
    SAUNDERS, Thomas Patrick appointed
    director
  31. 1991-12-18
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  32. 1991-12-06
    🏢
    Company incorporated
    As RESTBITE LIMITED
  33. 1991-12-06
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  34. 1991-12-06
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

100/100
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.
  • +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 34 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • 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
Mr Michael Anthony Donaghy
Individual · British · DOB 06/1953 · age 73
25–50%
25–50%25-50% shares · 25-50% voting01/12/2016
Ms Dorothy Christisen Haggerty
Individual · British · DOB 07/1952 · age 74
25–50%
25–50%25-50% shares · 25-50% voting01/12/2016

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

9 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
Incorporated1991-12-06
Jurisdictionscotland
Primary SIC55900 — Other accommodation

Registered office

Monadh Ruadh
Avielochan
Aviemore
Inverness-Shire
PH22 1QD

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-06
Last: 2025-11-22

Officers (2 active · 5 resigned)

HAGGERTY, Dorothy Christisen→
secretary · appointed 1993-06-01
View their other companies + combined net worth →
Active
DONAGHY, Michael Anthony→
director · ~73y · appointed 1991-12-18
View their other companies + combined net worth →
Active
FORTUNE, Nigel Bruce→
secretary · appointed 1991-12-18 · resigned 1993-05-05
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1991-12-06 · resigned 1991-12-18
Resigned
MACPHERSON, Alastair Norman→
director · ~75y · appointed 1993-05-27 · resigned 1993-06-16
Resigned
SAUNDERS, Thomas Patrick→
director · ~80y · appointed 1991-12-18 · resigned 1993-03-05
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1991-12-06 · resigned 1991-12-18
Resigned

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

Mortgages & charges

5
Total charges
4
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Bond & floating charge1 property07/08/2002—
outstanding
Skipton Building Society
Standard security1 property26/07/2001—
outstanding
Skipton Building Society
Standard security1 property08/06/2001—
outstanding
Michael Anthony Denaghy
Floating charge1 property10/02/1992—
satisfied
Clansman Travel and Leisure
Floating charge1 property10/02/199223/06/1993
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (101 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-22
change-person-director-company-with-change-date
officers · CH01
2025-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-13