NEWARTHILL PUB ENTERPRISES LIMITED

🚨Distressedactive
SC651922 · ltd · incorporated 2020-01-17
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
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Turnover
year to Mar 2024
Net worth
£-26.8k
book net assets
Opportunity
53/100
Worth a look
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What this business does
Primary activity: Take-away food shops and mobile food stands
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £26,768

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£27k
↑ 1.6% YoY
Current Assets
£142k
↑ 61% YoY
Current Liabilities
-£27k£7k£40k£74k£108k£142kMar 2023Mar 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-03-312023-03-31
Total assets£12.9k£3.0k
Current assets£141.6k£88.2k
Cash£6.8k
Debtors£140.6k£80.4k
Net assets£-26.8k£-27.2k

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
2
filings
  • 1 dissolution
  • 1 gazette
Last 90 days
2
filings
  • 1 dissolution
  • 1 gazette
Last 180 days
2
filings
  • 1 dissolution
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-04-14
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2026-04-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2024-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-05-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-05-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-10-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-05-14
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  9. 2021-04-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2020-03-23
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2020-01-17
    🏢
    Company incorporated
    As NEWARTHILL PUB ENTERPRISES LIMITED
  12. 2020-01-17
    WHITE, Kieran appointed
    director
  13. 2020-01-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-01-14

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Kieran White
Individual · British · DOB 01/1973 · age 53
75100%
75-100% shares17/01/2020

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

10 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
Incorporated2020-01-17
Jurisdictionscotland
Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

121 New Stevenston Road
Motherwell
ML1 4EE
Scotland

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-01-14OVERDUE
Last: 2024-12-31

Officers (1 active · 0 resigned)

WHITE, Kieran
director · ~53y · appointed 2020-01-17
View their other companies + combined net worth →
Active

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

Recent filings (16 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-04-14
gazette-notice-compulsory
gazette · GAZ1
2026-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-06
change-account-reference-date-company-previous-extended
accounts · AA01
2021-05-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-07
resolution
resolution · RESOLUTIONS
2020-03-23