JUST LOVE FOOD COMPANY LTD
💤Zombieactive
06919062 · ltd · incorporated 2009-05-29
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£285.8k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
Investor take
Special-situation opportunityDistressed food-drink with salvageable qualities — special-situations priority.
Opportunity 74/100 (strong), bankability 57/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
9 live charges · 9 lenders · oldest 16.4y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 16.4 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £285,807
Net assets shrinking
Down £146,666 YoY
Cash YoY
+57%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£176k
↑ 57% YoY
Net Worth
£286k
↓ 34% YoY
Current Assets
£1.2m
↑ 6.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £364.1k | £507.3k |
| Current assets | £1.19M | £1.12M |
| Cash | £176.1k | £111.9k |
| Debtors | £659.0k | £656.8k |
| Net assets | £285.8k | £432.5k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
- 2025-12-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-18🔒Charge registered #9Lender: Kriya Finance Limited
- 2025-12-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-02🔒Charge registered #8Lender: Dbw Investments (3) Limited
- 2025-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-05-06🔓Charge satisfied #7
- 2021-05-05📄resolutionresolution · RESOLUTIONS
- 2021-04-27📄memorandum-articlesincorporation · MA
- 2021-04-27📄resolutionresolution · RESOLUTIONS
- 2021-04-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-04-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-04-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-04-15📄legacycapital · SH20
- 2021-04-15📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2021-04-15⚠️legacyinsolvency · CAP-SS
- 2021-04-15📄resolutionresolution · RESOLUTIONS
- 2021-04-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-03-31🔒Charge registered #7Lender: Management Succession (Wales) Limited Partnership Acting by Way of Its General Partner Management Succession (Wales) Gp Limited Acting by Fw Capital Limited
- 2021-03-31🔒Charge registered #6Lender: Management Succession (Wales) Limited Partnership
- 2021-03-31🔒Charge registered #5Lender: John Brian Roberts
- 2019-05-23🔓Charge satisfied #4
- 2018-10-25🔒Charge registered #4Lender: Dbw Investments (10) Limited
- 2016-08-16🔓Charge satisfied #3
- 2016-08-16🔓Charge satisfied #1
- 2012-12-04🔓Charge satisfied #2
- 2010-05-24🔒Charge registered #3Lender: Rbs Invoice Finance Limited
- 2010-01-22🔒Charge registered #2Lender: Finance Wales Investments (6) Limited
- 2010-01-19🔒Charge registered #1Lender: National Westminster Bank PLC
- 2009-05-29🏢Company incorporatedAs JUST LOVE FOOD COMPANY LTD
- 2009-05-29➕WOODS, Mike James appointeddirector
Owner dependency
98/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +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.
- +No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
78/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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
1 high · 1 med ·1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2021-04-15: legacy
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Just Love Food Company Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Just Love Food Company Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
JUST LOVE FOOD COMPANY LTD
This company · 06919062
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 |
|---|---|---|---|---|
Just Love Food Company Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/03/2021 |
2 historic (ceased) PSCs
- Mr Mike James Woodsceased 31/03/2021· 25-50% shares · 25-50% voting
- Mr John Brian Robertsceased 31/03/2021· 50-75% shares · 50-75% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Food & drink · NP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GREENCOAT VENTURES TRADING AS GREENCOAT FARM LIMITED→ 15891498 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GÜT BEER LTD→ 16525533 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HALO FOODS LIMITED→ 02411911 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| HENDRE DISTILLERY LTD→ 11675025 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ITMILK LIMITED→ 10523778 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| J L BRADFORD LTD→ 15542409 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| JENNA LOUISE CAKES & BAKES LTD→ 13401648 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| JUST LOVE FOOD COMPANY HOLDINGS LIMITED→ 12985759 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| KILTED DRAGON DISTILLERY LTD→ 16351862 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| KINGSTONE BREWERY LIMITED→ 09570448 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| KOKO INDULGE LTD→ 16106346 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LA LECHUZA LTD→ 12298956 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2009-05-29
Jurisdictionengland-wales
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes
Registered office
Unit 6 Oakdale Court Bryn Brithdir
Oakdale Business Park
Blackwood
Gwent
NP12 4AD
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-06-11
Last: 2026-05-28
Officers (1 active · 0 resigned)
WOODS, Mike James→
Activedirector · ~62y · appointed 2009-05-29
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
4
Outstanding
4
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Kriya Finance Kriya Finance Limited | A registered charge | — | 18/12/2025 | — | |
| outstanding | Dbw Investments (3) Dbw Investments (3) Limited | A registered charge | 2 properties | 02/12/2025 | — | |
| satisfied | Management Succession (Wales) Partnership Acting by Way of Its General Partner Management Succession (Wales) Gp Acting by Fw Capital Management Succession (Wales) Limited Partnership Acting by Way of Its General Partner Management Succession (Wales) Gp Limited Acting by Fw Capital Limited | A registered charge | 2 properties | 31/03/2021 | 06/05/2021 | |
| outstanding | Management Succession (Wales) Partnership Management Succession (Wales) Limited Partnership | A registered charge | 1 property | 31/03/2021 | — | |
| outstanding | John Brian Roberts | A registered charge | — | 31/03/2021 | — | |
| satisfied | Dbw Investments (10) Dbw Investments (10) Limited | A registered charge | 2 properties | 25/10/2018 | 23/05/2019 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | Debenture | 1 property | 24/05/2010 | 16/08/2016 | |
| satisfied | Finance Wales Investments (6) Finance Wales Investments (6) Limited | Debenture | 1 property | 22/01/2010 | 04/12/2012 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 19/01/2010 | 16/08/2016 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (81 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-21
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-03
mortgage-satisfy-charge-full
mortgage · MR04
2021-05-06
resolution
resolution · RESOLUTIONS
2021-05-05