FOOD COURT MANAGEMENT LIMITED
Opportunity 52/100 (worth a look), bankability 42/100. Strong seller-intent signal (75/100, director aged 62). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
Refinance opportunity
4 live charges · 3 lenders · oldest 43.3y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 43.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (52 events)Click to expand
- 2010-08-20⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2010-08-20🏁Company dissolved
- 2010-05-20⚠️liquidation-in-administration-move-to-dissolution-with-case-end-dateinsolvency · 2.35B
- 2009-11-09⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2009-06-01⚠️liquidation-in-administration-extension-of-periodinsolvency · 2.31B
- 2009-04-27⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2008-11-12⚠️liquidation-in-administration-extension-of-periodinsolvency · 2.31B
- 2008-10-29⚠️liquidation-in-administration-extension-of-periodinsolvency · 2.31B
- 2008-10-24⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2008-10-18⚠️liquidation-in-administration-extension-of-periodinsolvency · 2.31B
- 2008-10-18⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2008-08-20⚠️liquidation-in-administration-appointment-of-replacement-additional-administratorinsolvency · 2.40B
- 2008-04-29⚠️liquidation-in-administration-extension-of-periodinsolvency · 2.31B
- 2007-11-29⚠️liquidation-in-administration-progress-reportinsolvency · 2.24B
- 2007-07-09⚠️liquidation-in-administration-statement-of-affairsinsolvency · 2.16B
- 2007-06-29⚠️liquidation-in-administration-proposalsinsolvency · 2.17B
- 2007-05-11⚠️liquidation-in-administration-appointment-of-administratorinsolvency · 2.12B
- 2007-05-10📍legacyaddress · 287
- 2006-12-29📄legacyannual-return · 363a
- 2006-07-05📄accounts-with-accounts-type-fullaccounts · AA
- 2006-06-30📄legacyofficers · 288b
- 2006-05-31➖MAYES, Colin Michael resigneddirector
- 2005-12-20📄legacyannual-return · 363a
- 2005-11-08📄legacyofficers · 288b
- 2004-12-31➖HEATH, Simon Barrie resignedsecretary
- 2004-12-24📄legacyannual-return · 363s
- 2004-12-23📄accounts-with-accounts-type-fullaccounts · AA
- 2004-12-02📄legacyofficers · 288a
- 2004-11-11➕HUNTER, Graham George appointedsecretary
- 2004-11-11➕HUNTER, Graham George appointeddirector
- 2004-01-29➕GRIMBLEBY, Frazer appointeddirector
- 2003-02-08🔓Charge satisfied #3
- 2002-12-05➕MAYES, Colin Michael appointeddirector
- 2002-12-05➖WOSSKOW, Lawrence Brian resigneddirector
- 2002-12-05🔒Charge registered #4Lender: Barclays Bank PLC
- 2002-08-23➖DRUMMOND, Richard William resigneddirector
- 2002-01-10🔒Charge registered #3Lender: Hsbc Bank PLC
- 2001-12-10➖BARNETT, Angela Mary resignedsecretary
- 2001-12-10➕HEATH, Simon Barrie appointedsecretary
- 2001-12-10➖BARNETT, Angela Mary resigneddirector
- 2001-12-10➖BARNETT, Ian Michael resigneddirector
- 2001-12-10➕DRUMMOND, Richard William appointeddirector
- 2001-12-10➕HEATH, Simon Barrie appointeddirector
- 2001-12-10➖HEATH, Simon Barrie resigneddirector
- 2001-12-10➕WOSSKOW, Lawrence Brian appointeddirector
- 2001-06-02🔓Charge satisfied #2
- 2001-06-02🔓Charge satisfied #1
- 2001-05-14➖BARNETT, Alan Thomas resigneddirector
- 1994-06-29➕BARNETT, Alan Thomas appointeddirector
- 1993-05-12🔒Charge registered #2Lender: Lloyds Bank PLC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 45 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 high · 1 med ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-08-20
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2010-08-20: gazette-dissolved-liquidation; 2010-05-20: liquidation-in-administration-move-to-dissolution-with-case-end-date
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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9 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 →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
Registered office
Filing status
Officers (0 active · 9 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Guarantee and debenture | 6 properties | 05/12/2002 | — | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 10/01/2002 | 08/02/2003 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Single debenture | 1 property | 12/05/1993 | 02/06/2001 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Single debenture | 1 property | 04/02/1983 | 02/06/2001 |