ITALIAN BEVERAGE COMPANY LIMITED
🌳Matureactive
05067015 · ltd · incorporated 2004-03-08
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
£17.76M
year to May 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: SIC 10890
Sector: Manufacturing
ALSO REGISTERED FOR
- 46380Wholesale of other food, including fish, crustaceans and molluscs
Investor take
PursueActive trading company with a 69-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (78/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 22.2y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 22.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
83/100Exceptional
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £1,764,439
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Turnover | £17.76M | — |
| Gross profit | £5.12M | — |
| Operating profit | £1.77M | — |
| Profit before tax | £1.76M | — |
| Average employees | 4200 | 3500 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 (39 events)Click to expand
- 2025-11-27📄accounts-with-accounts-type-fullaccounts · AA
- 2025-06-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-01➕AILEY, Kate appointeddirector
- 2024-11-26📄accounts-with-accounts-type-smallaccounts · AA
- 2024-02-01📄memorandum-articlesincorporation · MA
- 2024-01-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-23🔓Charge satisfied #1
- 2024-01-19📄resolutionresolution · RESOLUTIONS
- 2023-12-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-14🔒Charge registered #3Lender: Stephen Dor (As Security Trustee for the Secured Parties)
- 2023-12-14🔒Charge registered #2Lender: Allica Financial Services Limited
- 2023-12-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-12-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-08📄resolutionresolution · RESOLUTIONS
- 2023-11-08📄capital-name-of-class-of-sharescapital · SH08
- 2023-06-22📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-01➕DAVIS-GREEN, Scott Daniel appointeddirector
- 2023-06-01📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-01📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-02-18➖FLAX, Susan Denise resignedsecretary
- 2021-03-11➕FLAX, Ricky Alexander appointeddirector
- 2020-03-10➖FLAX, Ricky Alexander resigneddirector
- 2019-07-03➕FLAX, Ricky Alexander appointeddirector
- 2004-04-08🔒Charge registered #1Lender: Barclays Bank PLC
- 2004-03-11➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2004-03-11➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 2004-03-08🏢Company incorporatedAs ITALIAN BEVERAGE COMPANY LIMITED
- 2004-03-08➕FLAX, Sheldon Paul appointeddirector
- 2004-03-08➕FLAX, Susan Denise appointedsecretary
- 2004-03-08➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2004-03-08➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 22 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Delightful Food Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Delightful Food Group Limited
Corporate parent · holds 75-100% shares
⬇
ITALIAN BEVERAGE COMPANY LIMITED
This company · 05067015
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 |
|---|---|---|---|---|
Delightful Food Group Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 01/12/2023 |
2 historic (ceased) PSCs
- Mr Sheldon Paul Flaxceased 01/12/2023· 50-75% shares · 50-75% voting · board control
- Ms Susan Denise Flaxceased 31/01/2023· 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 →Similar companies
Active · Food & drink · AL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ASA STRINGHOPPERS LTD→ 11194383 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BAKERS ONE LTD→ 15117655 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CAKE DOT WORLD LTD→ 11681732 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| HONNEUR LTD→ 16230115 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HOUSE OF ANGARA LTD→ 17047001 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HOUSE OF MATUMBU (HOM) LTD→ 12624721 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ITALITY CATERING LIMITED→ 13356443 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LA CORPORACION OF FINE DINING LTD→ 14614106 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| LEMNN LTD→ 16898370 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| LOTUS BAKERIES UK LIMITED→ 05594818 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| MACGAB LIMITED→ 14740142 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| MADE GINGERLY LIMITED→ 15290901 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2004-03-08
Jurisdictionengland-wales
Primary SIC10890 — SIC 10890
Registered office
Riverdale House 19/21 High Street
Wheathampstead
St Albans
AL4 8BB
England
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-12-15
Last: 2025-12-01
Officers (4 active · 4 resigned)
Active
DAVIS-GREEN, Scott Daniel→
Activedirector · ~40y · appointed 2023-06-01
View their other companies + combined net worth →
FLAX, Ricky Alexander→
Activedirector · ~38y · appointed 2021-03-11
View their other companies + combined net worth →
FLAX, Sheldon Paul→
Activedirector · ~69y · appointed 2004-03-08
View their other companies + combined net worth →
FLAX, Susan Denise→
Resignedsecretary · appointed 2004-03-08 · resigned 2022-02-18
FORM 10 SECRETARIES FD LTD→
Resignedcorporate-nominee-secretary · appointed 2004-03-08 · resigned 2004-03-11
FLAX, Ricky Alexander→
Resigneddirector · ~38y · appointed 2019-07-03 · resigned 2020-03-10
FORM 10 DIRECTORS FD LTD→
Resignedcorporate-nominee-director · appointed 2004-03-08 · resigned 2004-03-11
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Stephen Dor (As Security Trustee for the Secured Parties) | A registered charge | — | 14/12/2023 | — | |
| outstanding | Allica Bank Allica Financial Services Limited | A registered charge | — | 14/12/2023 | — | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 08/04/2004 | 23/01/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (94 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-01
accounts-with-accounts-type-full
accounts · AA
2025-11-27
appoint-person-director-company-with-name-date
officers · AP01
2025-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-09
accounts-with-accounts-type-small
accounts · AA
2024-11-26
memorandum-articles
incorporation · MA
2024-02-01
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-23
resolution
resolution · RESOLUTIONS
2024-01-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-12-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
resolution
resolution · RESOLUTIONS
2023-11-08