APETITO LIMITED

🌳Matureactive
00233851 · ltd · incorporated 1928-10-06
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Manufacture of prepared meals and dishes
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 57/100. Strong seller-intent signal (63/100, director aged 66). Biggest value-creation lever: Consolidate lender relationships. 15 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

27 live charges · 15 lenders · oldest 52.1y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 52.1 years old — likely at or near maturity.
  • · 15 lenders named — inter-creditor friction likely.
  • · Legal-friction score 63/100 (high).

Data confidence

Overall: medium (58/100)

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
27 charges (27/27 with lender, 27/27 with type)
90
Directors & officers
30 officers (9 active, 30 linked, 27 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
225 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
77
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 (119 events)Click to expand
  1. 2025-10-30
    COJEEN, Victoria appointed
    director
  2. 2025-10-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-10-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-05-19
    CHAMBERS, Amanda appointed
    director
  5. 2025-05-19
    KEEGAN, Jason Ian appointed
    director
  6. 2025-05-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-05-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-05-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2025-01-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-01-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-01-13
    LARKIN, Sharon Virginia appointed
    director
  12. 2025-01-13
    SHEPPARD, Lee appointed
    director
  13. 2025-01-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2024-12-31
    FREESTON, Paul Robert resigned
    director
  15. 2024-11-15
    KESSY, Christian resigned
    director
  16. 2024-11-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2024-07-08
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  18. 2024-07-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2024-07-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2024-07-02
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  21. 2024-07-01
    WILLIS, Jonathan Paul appointed
    secretary
  22. 2024-07-01
    WILLIS, Jonathan Paul appointed
    director
  23. 2024-06-30
    RING, Richard Peter resigned
    secretary
  24. 2024-06-30
    RING, Richard Peter resigned
    director
  25. 2024-04-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  26. 2023-10-31
    BAUMGART, Joerg resigned
    director
  27. 2023-10-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  28. 2023-07-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  29. 2022-10-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  30. 2022-01-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  31. 2021-12-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  32. 2021-08-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  33. 2021-01-08
    DUSTERBERG, Wolfgang resigned
    director
  34. 2019-07-29
    WORRALL, Richard Geoffrey appointed
    director
  35. 2018-12-12
    FORRESTER, Graham John, Mr. resigned
    director
  36. 2016-06-30
    HAYNES, Benedict William Hanbury resigned
    director
  37. 2014-09-30
    MORRIS, Karen resigned
    director
  38. 2013-07-31
    EMERY, Neil Stuart resigned
    director
  39. 2013-03-25
    RUFF, Andres resigned
    director
  40. 2012-11-21
    🔓
    Charge satisfied #22
  41. 2012-11-21
    🔓
    Charge satisfied #17
  42. 2012-10-01
    BAUMGART, Joerg appointed
    director
  43. 2012-10-01
    DREUSE, Wolfgang resigned
    director
  44. 2012-10-01
    KESSY, Christian appointed
    director
  45. 2012-10-01
    KONIETZKO, Manfred August Karl, Dr resigned
    director
  46. 2012-09-18
    MORRIS, Karen appointed
    director
  47. 2011-04-21
    EMERY, Neil Stuart appointed
    director
  48. 2010-12-06
    RUSSELL, Graham John resigned
    director
  49. 2010-12-01
    🔓
    Charge satisfied #20
  50. 2010-10-19
    🔒
    Charge registered #27
    Lender: Brightcliff Limited
Showing most recent 50 of 119 events

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -8 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Apetito (Uk) Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Apetito (Uk) Holdings Ltd
Corporate parent · holds 75-100% shares
ultimate parent
APETITO LIMITED
This company · 00233851

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%
NameSharesVoting rightsNature of controlNotified
Apetito (Uk) Holdings Ltd
Corporate entity
75100%
75-100% shares01/01/2022
1 historic (ceased) PSC
  • Mr Richard Peter Ringceased 21/12/2021· significant influence

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
Incorporated1928-10-06
Jurisdictionengland-wales
Primary SIC10850 — Manufacture of prepared meals and dishes

Registered office

Canal Road
Trowbridge
Wiltshire
BA14 8RJ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-11
Last: 2026-02-25

Officers (9 active · 21 resigned)

WILLIS, Jonathan Paul
secretary · appointed 2024-07-01
View their other companies + combined net worth →
Active
CHAMBERS, Amanda
director · ~35y · appointed 2025-05-19
View their other companies + combined net worth →
Active
COJEEN, Victoria
director · ~50y · appointed 2025-10-30
View their other companies + combined net worth →
Active
KEEGAN, Jason Ian
director · ~55y · appointed 2025-05-19
View their other companies + combined net worth →
Active
LARKIN, Sharon Virginia
director · ~62y · appointed 2025-01-13
View their other companies + combined net worth →
Active
SHEPPARD, Lee
director · ~55y · appointed 2025-01-13
View their other companies + combined net worth →
Active
STONE, Ian Andrew
director · ~60y · appointed 2006-03-22
View their other companies + combined net worth →
Active
WILLIS, Jonathan Paul
director · ~55y · appointed 2024-07-01
View their other companies + combined net worth →
Active
WORRALL, Richard Geoffrey
director · ~66y · appointed 2019-07-29
View their other companies + combined net worth →
Active
LIVINGSTONE, Robert Murray
secretary · resigned 2004-02-29
Resigned
RING, Richard Peter
secretary · appointed 2004-03-01 · resigned 2024-06-30
Resigned
BAUMGART, Joerg
director · ~58y · appointed 2012-10-01 · resigned 2023-10-31
Resigned
BRUMMER, Hartmut, Dr
director · ~87y · appointed 1995-12-18 · resigned 2002-12-12
Resigned
DREUSE, Wolfgang
director · ~76y · appointed 1995-12-18 · resigned 2012-10-01
Resigned
DUSTERBERG, Wolfgang
director · ~80y · appointed 1995-12-18 · resigned 2021-01-08
Resigned
ELSDEN, Richard James
director · ~71y · appointed 2001-10-01 · resigned 2004-11-01
Resigned
EMERY, Neil Stuart
director · ~56y · appointed 2011-04-21 · resigned 2013-07-31
Resigned
FORRESTER, Graham John, Mr.
director · ~60y · appointed 2006-03-22 · resigned 2018-12-12
Resigned
FREESTON, Paul Robert
director · ~67y · appointed 1999-11-08 · resigned 2024-12-31
Resigned
HAYNES, Benedict William Hanbury
director · ~60y · appointed 2008-01-01 · resigned 2016-06-30
Resigned

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

Mortgages & charges

27
Total charges
4
Outstanding
4
Active lenders
Status:Lender:27 of 27 shown
TypeProperties
outstanding
Brightcliff
Brightcliff Limited
Deposit deed1 property19/10/2010
outstanding
Lea Valley Properties
Lea Valley Properties Limited
Deed of deposit1 property26/03/2007
satisfied
Aib Group (UK) P.L.C.
Mortgage debenture1 property31/12/200402/07/2005
satisfied
HSBC
Hsbc Asset Finance (UK) Limited & Hsbc Equipment Finance (UK) Limited
Chattels mortgage3 properties25/03/200321/11/2012
satisfied
Aib Group (UK)
Aib Group (UK) PLC
Legal mortgage1 property14/02/200212/07/2008
satisfied
Aib Group (UK)
Aib Group (UK) PLC
Legal mortgage3 properties22/06/200112/07/2008
satisfied
Midland Bank
Midland Bank PLC
Debenture1 property21/10/199701/02/2003
satisfied
Griffin Factors
Griffin Factors Limited
Fixed charge on purchased debts which fail to vest1 property29/05/199601/12/2010
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property09/05/199528/11/2003
satisfied
Midland Bank
Midland Bank PLC
Fixed and floating charge1 property10/02/199501/02/2003
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property10/02/199521/11/2012
satisfied
Barclays
Barclays Bank PLC
Chattel mortgage1 property01/09/199324/02/1995
satisfied
Barclays
Barclays Bank PLC
Charge1 property29/07/199324/02/1995
satisfied
Trade Indemnity-Heller Commercial Finance
Trade Indemnity-Heller Commercial Finance Limited
Fixed charge over book debts1 property12/07/199305/06/2003
satisfied
Close Brothers
Close Brothers Limited
A credit agreement1 property21/05/199324/02/1995
outstanding
Investors in Industry .
Investors in Industry PLC.
Supplemental charge2 properties16/05/1987
satisfied
Ibi Finance (UK) .
Ibi Finance (UK) PLC.
Assignment of resale contracts1 property29/10/198617/02/1993
satisfied
Ibi Finance (UK) .
Ibi Finance (UK) PLC.
Pledge of securities1 property29/10/198617/02/1993
outstanding
Investors in Industry
Investors in Industry PLC
Supplemental legal mortgage1 property29/08/1986
satisfied
Investors in Industry
Investors in Industry PLC
Over book debts charge1 property29/08/198616/01/1996
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property16/03/198424/02/1995
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property30/12/198324/02/1995
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property20/01/198331/07/1992
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property20/01/198331/07/1992
satisfied
Barclays
Barclays Bank PLC
Guarantee & debenture1 property20/02/198124/02/1995
satisfied
F.F.I. (U.K. Finance)
F.F.I. (U.K. Finance) Limited
Further loan agreement1 property12/11/198016/01/1996
satisfied
Industrial & Commercial Finance Co
Industrial & Commercial Finance Co LTD
Debenture1 property29/04/197416/01/1996
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (225 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-09
change-person-director-company-with-change-date
officers · CH01
2025-10-30
appoint-person-director-company-with-name-date
officers · AP01
2025-10-30
appoint-person-director-company-with-name-date
officers · AP01
2025-05-19
appoint-person-director-company-with-name-date
officers · AP01
2025-05-19
accounts-with-accounts-type-full
accounts · AA
2025-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-03
appoint-person-director-company-with-name-date
officers · AP01
2025-01-14
appoint-person-director-company-with-name-date
officers · AP01
2025-01-14
termination-director-company-with-name-termination-date
officers · TM01
2025-01-02
termination-director-company-with-name-termination-date
officers · TM01
2024-11-15
appoint-person-secretary-company-with-name-date
officers · AP03
2024-07-08
appoint-person-director-company-with-name-date
officers · AP01
2024-07-03
termination-director-company-with-name-termination-date
officers · TM01
2024-07-02
termination-secretary-company-with-name-termination-date
officers · TM02
2024-07-02