RED POPPY RESTAURANT LTD.

💤Zombieactive
SC296994 · ltd · incorporated 2006-02-10
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
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Turnover
year to Feb 2025
Net worth
£190.4k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (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

2 live charges · 2 lenders · oldest 14.2y

30/100
under pressure

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

  • · Oldest live charge is 14.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
64 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
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 £190,352
Cash YoY
+35%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£180k
↑ 35% YoY
Net Worth
£190k
↑ 6.5% YoY
Current Assets
£289k
↑ 5.4% YoY
Current Liabilities
£0£58k£116k£174k£231k£289kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-28
Total assets£271.8k£354.0k
Current assets£289.2k£274.5k
Cash£180.4k£133.7k
Debtors£99.5k£134.0k
Net assets£190.4k£178.8k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-16
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  3. 2025-04-15
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  4. 2024-11-15
    📄
    capital-name-of-class-of-shares
    capital · SH08
  5. 2024-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-08-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-08-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-04-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-03-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2024-03-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2023-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2023-02-28
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2023-02-23
    ABURROW, Lorraine May resigned
    secretary
  15. 2022-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-02-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-05-01
    📄
    capital-name-of-class-of-shares
    capital · SH08
  20. 2013-08-08
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  21. 2012-02-13
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Scotland PLC
  22. 2006-02-10
    🏢
    Company incorporated
    As RED POPPY RESTAURANT LTD.
  23. 2006-02-10
    ABURROW, Nicolas appointed
    director
  24. 2006-02-10
    ABURROW, Lorraine May appointed
    secretary
  25. 2006-02-10
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  26. 2006-02-10
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  27. 2006-02-10
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  28. 2006-02-10
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

85/100
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 20 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Nicolas Aburrow
Individual · British · DOB 10/1971 · age 55
75100%
75–100%75-100% shares · 75-100% voting06/04/2016
1 historic (ceased) PSC
  • Lorraine May Aburrowceased 23/02/2023· 25-50% shares · 25-50% voting

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
Incorporated2006-02-10
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants

Registered office

4th Floor Metropolitan House
31-33 High Street
Inverness
IV1 1HT

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-04-29
Last: 2025-04-15

Officers (1 active · 3 resigned)

ABURROW, Nicolas
director · ~55y · appointed 2006-02-10
View their other companies + combined net worth →
Active
ABURROW, Lorraine May
secretary · appointed 2006-02-10 · resigned 2023-02-23
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2006-02-10 · resigned 2006-02-10
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2006-02-10 · resigned 2006-02-10
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property08/08/2013
outstanding
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Standard security1 property13/02/2012
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (64 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-26
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-04-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-15
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-04-15
capital-name-of-class-of-shares
capital · SH08
2024-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-16
change-person-director-company-with-change-date
officers · CH01
2024-08-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-17
change-person-director-company-with-change-date
officers · CH01
2024-04-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-28
termination-secretary-company-with-name-termination-date
officers · TM02
2023-02-28