SOMEWHERE BARS LIMITED
💤Zombieactive
SC753536 · ltd · incorporated 2022-12-20
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
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 72/100 (strong), bankability 70/100. 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 2.7y
0/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.7 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2025-09-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-08-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-07➖WIRSZYCZ, Rob resigneddirector
- 2025-07-02📄resolutionresolution · RESOLUTIONS
- 2025-07-01📄memorandum-articlesincorporation · MA
- 2025-04-02📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-04-02📄legacyaccounts · PARENT_ACC
- 2025-04-02📄legacyother · GUARANTEE2
- 2025-04-02📄legacyother · AGREEMENT2
- 2025-02-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-10📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-04-10📄legacyaccounts · PARENT_ACC
- 2024-04-10📄legacyother · AGREEMENT2
- 2024-04-10📄legacyother · GUARANTEE2
- 2024-02-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-09-21📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2023-09-21📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2023-09-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-04🔒Charge registered #2Lender: Tc Security Trustee Limited as Security Trustee
- 2023-09-04🔒Charge registered #1Lender: Tc Loans Limited as Security Agent
- 2022-12-21📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2022-12-20🏢Company incorporatedAs SOMEWHERE BARS LIMITED
- 2022-12-20➕SIMEONE, Nico Carlo appointeddirector
- 2022-12-20➕WIRSZYCZ, Rob appointeddirector
- 2022-12-20📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Mfmac Co 502 Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Mfmac Co 502 Ltd
Corporate parent · holds 75-100% shares · board control
⬇
SOMEWHERE BARS LIMITED
This company · SC753536
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mfmac Co 502 Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 27/06/2025 |
1 historic (ceased) PSC
- Sixco P.L.Cceased 27/06/2025· 75-100% shares · 75-100% voting · board control
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 →Similar companies
Active · Hospitality · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SWSTREETFOOD LTD→ SC672371 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SYNERGY BARS LIMITED→ SC864414 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SYRIAN SWEETS LTD→ SC811774 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SYRIAN TASTE LTD→ SC870897 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TABLE GROUP LIMITED→ SC866308 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TACO TACO GLASGOW LIMITED→ SC861610 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TAFKAB LTD→ SC853285 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TAIGH-OSTA COLONSAY LTD→ SC739059 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| TAIMOOR FOODS LIMITED→ SC870616 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TAIWANG FOODS LIMITED→ SC815834 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| TAJ MAIN STREET LTD→ SC880191 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| TAME BARISTAS LIMITED→ SC537738 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2022-12-20
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants
Registered office
C/O Johnston Carmichael
227 West George Street
Glasgow
G2 2ND
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28
Officers (1 active · 1 resigned)
SIMEONE, Nico Carlo→
Activedirector · ~37y · appointed 2022-12-20
View their other companies + combined net worth →
WIRSZYCZ, Rob→
Resigneddirector · ~69y · appointed 2022-12-20 · resigned 2025-08-07
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Tc Security Trustee as Security Trustee Tc Security Trustee Limited as Security Trustee | A registered charge | — | 04/09/2023 | — | |
| outstanding | Tc Loans as Security Agent Tc Loans Limited as Security Agent | A registered charge | — | 04/09/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (25 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-13
termination-director-company-with-name-termination-date
officers · TM01
2025-09-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-08-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-12
resolution
resolution · RESOLUTIONS
2025-07-02
memorandum-articles
incorporation · MA
2025-07-01
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-04-02
legacy
accounts · PARENT_ACC
2025-04-02
legacy
other · GUARANTEE2
2025-04-02
legacy
other · AGREEMENT2
2025-04-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-10
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-04-10
legacy
accounts · PARENT_ACC
2024-04-10
legacy
other · AGREEMENT2
2024-04-10