5 STAR FRUIT AND VEG (SPITALFIELDS) LTD

💤Zombieactive
07843777 · ltd · incorporated 2011-11-11
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 Mar 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Wholesale of fruit and vegetables
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 14.2y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 14.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
40 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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£50k£99k£149k£199k£248kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£250.9k
Current assets£85.1k
Net assets£248.4k
Average employees0

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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
2
filings
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Last 180 days
3
filings
  • 1 confirmation-statement
  • 1 persons-with-significant-control
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-02-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  2. 2025-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-06-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-06-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2025-06-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-06-18
    JOHAL, Daljit Singh resigned
    director
  7. 2024-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-06-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2017-06-01
    SINGH, Kuldeep appointed
    director
  17. 2017-03-15
    📄
    accounts-amended-with-accounts-type-total-exemption-small
    accounts · AAMD
  18. 2017-03-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2012-02-01
    🔒
    Charge registered #1
    Lender: The Mayor and Commonalty and Citizens of the City of London
  20. 2011-11-11
    🏢
    Company incorporated
    As 5 STAR FRUIT AND VEG (SPITALFIELDS) LTD
  21. 2011-11-11
    JOHAL, Daljit Singh appointed
    director
  22. 2011-11-11
    KAHAN, Barbara appointed
    director
  23. 2011-11-11
    KAHAN, Barbara resigned
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

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

Group structure

Southwill Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Southwill Limited
Corporate parent · holds 75-100% shares
ultimate parent
5 STAR FRUIT AND VEG (SPITALFIELDS) LTD
This company · 07843777

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%
NameSharesVoting rightsNature of controlNotified
Southwill Limited
Corporate entity
75100%
75-100% shares18/06/2025
1 historic (ceased) PSC
  • Mr Daljit Singh Johalceased 18/06/2025· 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 →

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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
Incorporated2011-11-11
Jurisdictionengland-wales
Primary SIC46310 — Wholesale of fruit and vegetables

Registered office

416 Green Lane
Ilford
Essex
IG3 9JX

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-25
Last: 2025-11-11

Officers (1 active · 2 resigned)

SINGH, Kuldeep
director · ~52y · appointed 2017-06-01
View their other companies + combined net worth →
Active
JOHAL, Daljit Singh
director · ~54y · appointed 2011-11-11 · resigned 2025-06-18
Resigned
KAHAN, Barbara
director · ~95y · appointed 2011-11-11 · resigned 2011-11-11
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
The Mayor and Commonalty and Citizens of the City of London
Rent deposit deed1 property01/02/2012
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (40 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-02-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-06-19
termination-director-company-with-name-termination-date
officers · TM01
2025-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-13