EPNBW LTD

🌿Early-stageactive
SC716116 · ltd · incorporated 2021-11-25
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£248
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Special-situation opportunity
Distressed hospitality with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 60/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: high (83/100)

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
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £248
Net assets shrinking
Down £1,467 YoY
Cash YoY
+130%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£48k
↑ 130% YoY
Net Worth
£248
↓ 86% YoY
Current Assets
£94k
↑ 30% YoY
Current Liabilities
£0£19k£38k£57k£75k£94kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£15.8k£1.7k
Current assets£94.2k£72.7k
Cash£48.1k£20.9k
Debtors£44.2k£47.0k
Net assets£248£1.7k

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 (16 events)Click to expand
  1. 2025-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-21
    STEIN, Ivan Joseph resigned
    director
  4. 2024-03-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-03-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-03-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-12-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-12-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-11-28
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  11. 2021-11-25
    🏢
    Company incorporated
    As EPNBW LTD
  12. 2021-11-25
    MCKENNA, Peter Matthew appointed
    director
  13. 2021-11-25
    READ, Peter Martin appointed
    director
  14. 2021-11-25
    WATKINS, Nicholas Peter appointed
    director
  15. 2021-11-25
    STEIN, Ivan Joseph appointed
    director
  16. 2021-11-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

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

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-05-02

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Nicholas Peter Watkins
Individual · British · DOB 10/1982 · age 44
5075%
50–75%board control50-75% shares · 50-75% voting · board control25/11/2021
Mr Peter Matthew Mckenna
Individual · Irish · DOB 08/1979 · age 47
2550%
25–50%25-50% shares · 25-50% voting25/11/2021
1 historic (ceased) PSC
  • Mr Ivan Joseph Steinceased 21/03/2024· 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

8 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
Incorporated2021-11-25
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants

Registered office

Pavilion 2 Finnieston Business Park
Minerva Way
Glasgow
G3 8AU
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-02OVERDUE
Last: 2025-04-18

Officers (3 active · 1 resigned)

MCKENNA, Peter Matthew
director · ~47y · appointed 2021-11-25
View their other companies + combined net worth →
Active
READ, Peter Martin
director · ~47y · appointed 2021-11-25
View their other companies + combined net worth →
Active
WATKINS, Nicholas Peter
director · ~44y · appointed 2021-11-25
View their other companies + combined net worth →
Active
STEIN, Ivan Joseph
director · ~52y · appointed 2021-11-25 · resigned 2024-03-21
Resigned

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

Recent filings (14 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-18
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
termination-director-company-with-name-termination-date
officers · TM01
2024-03-21
change-person-director-company-with-change-date
officers · CH01
2023-12-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-08
change-account-reference-date-company-current-extended
accounts · AA01
2022-11-28
incorporation-company
incorporation · NEWINC
2021-11-25