BAR ALDO LIMITED

💤Zombieactive
SC312643 · ltd · incorporated 2006-11-28
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
£20.6k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (80/100, director aged 62). 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 (73/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 18.9y

30/100
under pressure

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

  • · Oldest live charge is 18.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
59 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £20,627
Net assets shrinking
Down £196,831 YoY
Cash YoY
+70%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£6k
↑ 70% YoY
Net Worth
£21k
↓ 91% YoY
Current Assets
£423k
↓ 12% YoY
Current Liabilities
£0£97k£193k£290k£386k£483kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Total assets£59.6k£286.7k
Current assets£423.2k£482.7k
Cash£6.0k£3.5k
Debtors£417.2k£466.6k
Net assets£20.6k£217.5k

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
1
filing
  • 1 miscellaneous
Last 90 days
1
filing
  • 1 miscellaneous
Last 180 days
1
filing
  • 1 miscellaneous
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-05-27
    📄
    legacy
    miscellaneous · RP01PSC01
  2. 2025-11-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-11-28
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  6. 2022-08-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-01-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2021-01-14
    🔓
    Charge satisfied #2
  10. 2021-01-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2021-01-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2020-12-23
    🔒
    Charge registered #3
    Lender: Atom Bank PLC
  13. 2020-12-07
    🔒
    Charge registered #2
    Lender: Atom Bank PLC
  14. 2020-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-11-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2017-11-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2017-11-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2015-02-28
    PIA, Florinda appointed
    director
  21. 2015-02-28
    PIA, Florinda resigned
    director
  22. 2011-08-03
    🔓
    Charge satisfied #1
  23. 2007-07-31
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  24. 2006-11-28
    🏢
    Company incorporated
    As BAR ALDO LIMITED
  25. 2006-11-28
    PIA, Florinda appointed
    secretary
  26. 2006-11-28
    PIA, Aldo appointed
    director
  27. 2006-11-28
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  28. 2006-11-28
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  29. 2006-11-28
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  30. 2006-11-28
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

93/100
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.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

78/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 20 years.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Florinda Pia
Individual · British · DOB 08/1965 · age 61
2550%
25–50%25-50% shares · 25-50% voting13/10/2017
Mr Aldo Pia
Individual · British · DOB 01/1964 · age 62
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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
Incorporated2006-11-28
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants

Registered office

9 Coalgate
Alloa
FK10 1EH

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-12-12
Last: 2025-11-28

Officers (2 active · 3 resigned)

PIA, Florinda
secretary · appointed 2006-11-28
View their other companies + combined net worth →
Active
PIA, Aldo
director · ~62y · appointed 2006-11-28
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2006-11-28 · resigned 2006-11-28
Resigned
PIA, Florinda
director · ~61y · appointed 2015-02-28 · resigned 2015-02-28
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2006-11-28 · resigned 2006-11-28
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
Atom Bank
Atom Bank PLC
A registered charge23/12/2020
satisfied
Atom Bank
Atom Bank PLC
A registered charge1 property07/12/202014/01/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property31/07/200703/08/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (59 total)

legacy
miscellaneous · RP01PSC01
2026-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-10
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
change-person-secretary-company-with-change-date
officers · CH03
2023-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-08
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-29
mortgage-satisfy-charge-full
mortgage · MR04
2021-01-14
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-01-08