INDIAN RESTAURANTS (CITY) LIMITED
🌳Matureactive
06235344 · ltd · incorporated 2007-05-02
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 16.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
2 live charges · oldest 16.5y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 16.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 20/100 — clean.
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
19 officers (3 active, 19 linked, 16 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
98 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 2 officers
Last 180 days
4
filings
- • 4 officers
Counts from Companies House filing history.
Corporate timeline (60 events)Click to expand
- 2026-03-06➕FINLAY, Megan Jo appointeddirector
- 2026-03-06➖SAYER, David Paul resigneddirector
- 2026-03-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-22➕PIGOTT, Richard appointeddirector
- 2026-01-22➖LEIHAL, Satnam Singh resigneddirector
- 2026-01-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-09📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-10-09📄legacyaccounts · PARENT_ACC
- 2025-10-09📄legacyother · GUARANTEE2
- 2025-10-09📄legacyother · AGREEMENT2
- 2024-10-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-18➕SAYER, David Paul appointeddirector
- 2024-02-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-26📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-10-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-20📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-05-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-16📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2021-03-16📄resolutionresolution · RESOLUTIONS
- 2020-12-22📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2020-12-18📄legacycapital · SH20
- 2020-04-23➕LEIHAL, Satnam Singh appointeddirector
- 2020-04-20➖MCILWEE, Laurence Patrick resigneddirector
- 2019-09-12🔓Charge satisfied #2
- 2019-09-12🔓Charge satisfied #1
- 2019-08-06➖HENDERSON, Stephen resigneddirector
- 2018-08-14➖EDWARDS, Graham Mark resigneddirector
- 2018-06-30➖ENGLISH, Tina Lorraine resigneddirector
- 2017-05-23➖MASTERS, Michael Anthony resigneddirector
- 2017-05-23➕MCILWEE, Laurence Patrick appointeddirector
- 2016-01-19➖GOFF, William Thomas Noel Patrick resignedsecretary
- 2016-01-19➕EDWARDS, Graham Mark appointeddirector
- 2016-01-19➕ENGLISH, Tina Lorraine appointeddirector
- 2016-01-19➕HENDERSON, Stephen appointeddirector
- 2016-01-19➕MASTERS, Michael Anthony appointeddirector
- 2016-01-19➖MORRISON, Jamie Walker Stanley Pringle resigneddirector
- 2016-01-19➖ZAPICO, Martin resigneddirector
- 2015-10-06➖LAFE, Bola resigneddirector
- 2015-10-06➖MIELL, Shaun Michael resigneddirector
- 2015-10-06➖WHITEHEAD, Mark George Joseph resigneddirector
- 2014-08-18➖LOOKER, Roger Frank resigneddirector
- 2012-01-27🔒Charge registered #2Lender: National Westminster Bank PLC
- 2009-10-20🔒Charge registered #1Lender: National Westminster Bank PLC
- 2009-05-05➕LAFE, Bola appointeddirector
- 2009-05-05➕MIELL, Shaun Michael appointeddirector
- 2009-05-05➕MORRISON, Jamie Walker Stanley Pringle appointeddirector
Showing most recent 50 of 60 events
Owner dependency
60/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
43/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondary12+ year tenure: Director in role 19 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: LEIHAL, Satnam Singh resigned 2026-01-22; SAYER, David Paul resigned 2026-03-06
Group structure
Indian Restaurants Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Indian Restaurants Limited
Corporate parent · holds 75-100% shares
⬇
INDIAN RESTAURANTS (CITY) LIMITED
This company · 06235344
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 |
|---|---|---|---|---|
Indian Restaurants Limited Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
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 · B postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 OLDBURY LTD→ 07648590 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 1 STOP CHOP LTD→ 11885688 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 112GW NAILSEA LIMITED→ 15145332 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 123 PIZZA LTD→ 16582600 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 123 RESTAURANT LTD→ 12457902 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 13 DEVELOPMENTS LTD→ 16248828 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 13 STAR CITY LTD→ 07162894 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| 13 STAR CITY RETAIL LIMITED→ 15055531 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 13TH STREET HOSPITALITY LTD→ 13135428 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 158 LTD→ 16230678 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 168 DRAGON LIMITED→ 16007033 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 19 FIFTY SEVEN LOUNGE LIMITED→ 16987502 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2007-05-02
Jurisdictionengland-wales
Primary SIC56101 — Licenced restaurants
Registered office
Colmore Court
9 Colmore Row
Birmingham
West Midlands
B3 2BJ
United Kingdom
Filing status
Accounts
Next due: 2026-09-28
Last made up to: 2024-12-29
Confirmation statement
Next due: 2026-05-16
Last: 2025-05-02
Officers (3 active · 16 resigned)
FINLAY, Megan Jo→
Activedirector · ~41y · appointed 2026-03-06
View their other companies + combined net worth →
PIGOTT, Richard→
Activedirector · ~44y · appointed 2026-01-22
View their other companies + combined net worth →
SINGH, Vivek→
Activedirector · ~55y · appointed 2007-05-02
View their other companies + combined net worth →
GOFF, William Thomas Noel Patrick→
Resignedsecretary · appointed 2009-03-01 · resigned 2016-01-19
CARGIL MANAGEMENT SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2007-05-02 · resigned 2009-03-01
EDWARDS, Graham Mark→
Resigneddirector · ~56y · appointed 2016-01-19 · resigned 2018-08-14
ENGLISH, Tina Lorraine→
Resigneddirector · ~62y · appointed 2016-01-19 · resigned 2018-06-30
HENDERSON, Stephen→
Resigneddirector · ~69y · appointed 2016-01-19 · resigned 2019-08-06
LAFE, Bola→
Resigneddirector · ~60y · appointed 2009-05-05 · resigned 2015-10-06
LEIHAL, Satnam Singh→
Resigneddirector · ~50y · appointed 2020-04-23 · resigned 2026-01-22
LOOKER, Roger Frank→
Resigneddirector · ~75y · appointed 2008-01-17 · resigned 2014-08-18
MASTERS, Michael Anthony→
Resigneddirector · ~66y · appointed 2016-01-19 · resigned 2017-05-23
MCILWEE, Laurence Patrick→
Resigneddirector · ~64y · appointed 2017-05-23 · resigned 2020-04-20
MIELL, Shaun Michael→
Resigneddirector · ~63y · appointed 2009-05-05 · resigned 2015-10-06
MORRISON, Jamie Walker Stanley Pringle→
Resigneddirector · ~53y · appointed 2009-05-05 · resigned 2016-01-19
SAYER, David Paul→
Resigneddirector · ~54y · appointed 2024-02-18 · resigned 2026-03-06
WHITEHEAD, Mark George Joseph→
Resigneddirector · ~61y · appointed 2009-05-05 · resigned 2015-10-06
ZAPICO, Martin→
Resigneddirector · ~58y · appointed 2009-05-05 · resigned 2016-01-19
LEA YEAT LIMITED→
Resignedcorporate-director · appointed 2007-05-02 · resigned 2007-05-02
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 27/01/2012 | 12/09/2019 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 20/10/2009 | 12/09/2019 |
Recent filings (98 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-03-06
termination-director-company-with-name-termination-date
officers · TM01
2026-03-06
appoint-person-director-company-with-name-date
officers · AP01
2026-01-22
termination-director-company-with-name-termination-date
officers · TM01
2026-01-22
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-10-09
legacy
accounts · PARENT_ACC
2025-10-09
legacy
other · GUARANTEE2
2025-10-09
legacy
other · AGREEMENT2
2025-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-21
appoint-person-director-company-with-name-date
officers · AP01
2024-02-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-06
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-17