THUNDERTON BAR LTD

🌳Matureactive
SC466286 · ltd · incorporated 2013-12-20
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
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Turnover
—
year to Dec 2024
Net worth
£291.3k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 78/100 (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).

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
Confirmed no charges registered
85
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
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £291,252

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£291k
↑ 147% YoY
Current Assets
£376k
↑ 106% YoY
Current Liabilities
—
£0£75k£150k£226k£301k£376kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£291.3k£117.7k
Current assets£375.9k£182.2k
Net assets£291.3k£117.7k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-09-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-08-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-10-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2022-09-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-09-04
    ➕
    MCGETTRICK, John-Lee appointed
    director
  9. 2021-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-07-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-08-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-05-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-04-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-01-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-05-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2013-12-20
    🏢
    Company incorporated
    As THUNDERTON BAR LTD
  18. 2013-12-20
    ➕
    MCGETTRICK, Joseph appointed
    director

Owner dependency

86/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 75 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

39/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — MCGETTRICK, John-Lee (same surname) appointed 2022-09-04. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 12 years.
  • 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 Joseph Mcgettrick
Individual · British · DOB 02/1951 · age 75
75–100%
—75-100% shares01/06/2016

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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LOCH TORRIDON HOTEL LIMITED→
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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.

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Company details

Statusactive
Typeltd
Incorporated2013-12-20
Jurisdictionscotland
Primary SIC56302 — Public houses and bars

Registered office

6 Kintrae Rise
Elgin
IV30 5ND
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-25
Last: 2025-10-11

Officers (2 active · 0 resigned)

MCGETTRICK, John-Lee→
director · ~29y · appointed 2022-09-04
View their other companies + combined net worth →
Active
MCGETTRICK, Joseph→
director · ~75y · appointed 2013-12-20
View their other companies + combined net worth →
Active

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

Recent filings (27 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-29
change-person-director-company-with-change-date
officers · CH01
2025-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-11
appoint-person-director-company-with-name-date
officers · AP01
2022-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-26