EXPEDITION FOODS LIMITED

🌳Matureactive
06895657 · ltd · incorporated 2009-05-05
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
—
year to Dec 2024
Net worth
£49.7k
book net assets
Opportunity
81/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Manufacture of prepared meals and dishes
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 62-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
78 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £49,653
Cash YoY
+58%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£190k
↑ 58% YoY
Net Worth
£50k
↑ 151% YoY
Current Assets
£524k
↑ 4.7% YoY
Current Liabilities
—
-£97k£27k£151k£276k£400k£524kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£439.5k£360.4k
Current assets£524.2k£500.8k
Cash£190.4k£120.3k
Debtors£55.1k£63.8k
Net assets£49.7k£-97.0k

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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-02-13
    ➖
    MORRISON, Graham Douglas resigned
    director
  4. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-09-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-09-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-09-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-01-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-01-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2021-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-05-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2020-11-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2020-11-17
    ➕
    FANSHAWE, Samantha Caroline, Ms. appointed
    director
  16. 2020-09-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2019-10-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2019-09-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2019-05-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2014-02-01
    ➖
    DEVLIN, John Mark resigned
    director
  21. 2012-04-01
    ➕
    DEVLIN, John Mark appointed
    director
  22. 2011-05-18
    ➖
    ANNANDALE, David Paul resigned
    director
  23. 2010-11-30
    ➖
    ANNANDALE, Steven James resigned
    director
  24. 2009-10-01
    ➕
    GADAMS, Mary Kathleen appointed
    director
  25. 2009-07-30
    ➕
    ANNANDALE, Steven James appointed
    director
  26. 2009-07-30
    ➕
    MORRISON, Graham Douglas appointed
    director
  27. 2009-05-05
    🏢
    Company incorporated
    As EXPEDITION FOODS LIMITED
  28. 2009-05-05
    ➕
    ANNANDALE, David Paul appointed
    director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Allister George Morrison
Individual · British · DOB 09/1948 · age 78
——sig. influencesignificant influence06/04/2016
3 historic (ceased) PSCs
  • Racingtheplanet Holding Company Limitedceased 05/09/2018· 75-100% shares
  • Ms Mary Kathleen Gadamsceased 02/12/2020· significant influence
  • Racingtheplanet Limitedceased 05/09/2018· 75-100% shares

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 · HU postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BROCKLESBY LIMITED→
03333029 · est 1997 · no financials extracted
————29y——
CHAMBERS & FARGUS LIMITED→
02352279 · est 1989 · no financials extracted
————37y——
CHRISSROFOOD LIMITED→
16313449 · est 2025 · no financials extracted
————1y——
CRANSWICK COUNTRY FOODS PLC→
01803402 · est 1984 · no financials extracted
————42y——
CRANSWICK PET PRODUCTS LIMITED→
00896298 · est 1967 · no financials extracted
————59y——
DANJAN VENTURES LTD→
11482632 · est 2018 · no financials extracted
————7y——
DONMI CATERING LTD→
16915140 · est 2025 · no financials extracted
———————
DR LONDON FOODS LTD→
15590064 · est 2024 · no financials extracted
————2y——
DUTCH THERAPY LTD→
16883546 · est 2025 · no financials extracted
———————
EASTSUN CATERING LTD→
15654340 · est 2024 · no financials extracted
————2y——
FINLAY HULL LIMITED→
04950055 · est 2003 · no financials extracted
————22y——
FIT 'N' TASTY LTD→
15698860 · est 2024 · no financials extracted
————1y——
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
Incorporated2009-05-05
Jurisdictionengland-wales
Primary SIC10850 — Manufacture of prepared meals and dishes

Registered office

Unit 1 6-12 St James Street
Hull
East Yorkshire
HU3 2DH
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-18
Last: 2026-05-04

Officers (2 active · 4 resigned)

FANSHAWE, Samantha Caroline, Ms.→
director · ~49y · appointed 2020-11-17
View their other companies + combined net worth →
Active
GADAMS, Mary Kathleen→
director · ~62y · appointed 2009-10-01
View their other companies + combined net worth →
Active
ANNANDALE, David Paul→
director · ~70y · appointed 2009-05-05 · resigned 2011-05-18
Resigned
ANNANDALE, Steven James→
director · ~62y · appointed 2009-07-30 · resigned 2010-11-30
Resigned
DEVLIN, John Mark→
director · ~48y · appointed 2012-04-01 · resigned 2014-02-01
Resigned
MORRISON, Graham Douglas→
director · ~75y · appointed 2009-07-30 · resigned 2025-02-13
Resigned

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

Recent filings (78 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-09
termination-director-company-with-name-termination-date
officers · TM01
2025-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-01-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-01-14