23.5 DEGREES LIMITED
🌳Matureactive
08014079 · ltd · incorporated 2012-03-30
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
—
not disclosed
Net worth
—
book net assets
Opportunity
65/100
Strong
What this business does
Primary activity: Take-away food shops and mobile food stands
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 65/100 (strong), bankability 67/100. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
8 live charges · 8 lenders · oldest 13.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 13.4 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 10 with DOB)
88
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
97 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
56
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
2
filings
- • 2 officers
Last 90 days
5
filings
- • 2 officers
- • 2 mortgage
- • 1 accounts
Last 180 days
19
filings
- • 6 persons-with-significant-control
- • 3 capital
- • 2 officers
Counts from Companies House filing history.
Corporate timeline (59 events)Click to expand
- 2026-05-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-05-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-05-14➕KING, Darren Anthony appointeddirector
- 2026-05-14➖RAYNER, Alex resigneddirector
- 2026-04-18📄accounts-with-accounts-type-fullaccounts · AA
- 2026-03-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-25🔓Charge satisfied #6
- 2026-03-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-18🔓Charge satisfied #7
- 2026-02-13📄legacycapital · SH20
- 2026-02-13📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2026-02-13⚠️legacyinsolvency · CAP-SS
- 2026-02-13📄resolutionresolution · RESOLUTIONS
- 2026-02-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-12-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-12-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-20📄resolutionresolution · RESOLUTIONS
- 2025-12-17📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-12-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-12-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-12📄capital-allotment-sharescapital · SH01
- 2025-12-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-12-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-06-09📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-04-25📄accounts-with-accounts-type-fullaccounts · AA
- 2025-01-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-18📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-14➕LINGHAM, Michael William appointeddirector
- 2024-10-14➖GATELEY SECRETARIES LIMITED resignedcorporate-secretary
- 2024-10-14➖CONTARDO, Luca resigneddirector
- 2024-10-14➖HEPBURN, Mark resigneddirector
- 2024-10-14➖MULHOLLAND, Barry Joseph resigneddirector
- 2024-10-14➕RAYNER, Alex appointeddirector
- 2024-07-10🔓Charge satisfied #8
- 2020-06-09🔓Charge satisfied #5
- 2018-07-25➕CONTARDO, Luca appointeddirector
- 2018-07-25➕MULHOLLAND, Barry Joseph appointeddirector
- 2018-07-25🔒Charge registered #8Lender: Connection Capital LLP as Security Trustee for the Secured Parties (As Defined Therein)
- 2018-07-10➕GATELEY SECRETARIES LIMITED appointedcorporate-secretary
- 2018-06-22🔒Charge registered #7Lender: Hsbc Equipment Finance (UK) LTD
- 2018-06-22🔒Charge registered #6Lender: Hsbc Bank PLC
- 2017-08-11➖HART, Amanda Judith resigneddirector
- 2016-02-29➖GARNER, Charles James resigneddirector
- 2016-01-07➕HART, Amanda Judith appointeddirector
- 2015-12-17➖PATIL, Anil Sudhakar resigneddirector
- 2015-09-29🔓Charge satisfied #4
- 2015-09-22🔒Charge registered #5Lender: National Westminster Bank PLC
- 2015-09-10➕GARNER, Charles James appointeddirector
- 2014-08-29🔒Charge registered #4Lender: Metro Bank PLC
Showing most recent 50 of 59 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high · 1 med · 1 low1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2026-02-13: 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.
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Starbucks Coffee Company (Uk) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Starbucks Coffee Company (Uk) Limited
Corporate parent · holds 75-100% shares · board control
⬇
23.5 DEGREES LIMITED
This company · 08014079
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 |
|---|---|---|---|---|
Starbucks Coffee Company (Uk) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 22/12/2025 |
3 historic (ceased) PSCs
- Starbucks Coffee Holdings (Uk) Limitedceased 22/12/2025· 75-100% shares · 75-100% voting · board control
- 23.5 Degrees Topco Limitedceased 12/12/2025· 75-100% shares · 75-100% voting · board control
- 23.5 Degrees Holdings Limitedceased 12/12/2025· 75-100% shares · 75-100% voting · board control
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.
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| 226 LADBROKE GROVE MANAGEMENT COMPANY LIMITED→ 09460828 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
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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
Incorporated2012-03-30
Jurisdictionengland-wales
Primary SIC56103 — Take-away food shops and mobile food stands
Registered office
Building 7 Chiswick Park
566 Chiswick High Road
London
W4 5YG
England
Filing status
Accounts
Next due: 2027-06-28
Last made up to: 2025-09-28
Confirmation statement
Next due: 2026-08-20
Last: 2025-08-06
Officers (2 active · 9 resigned)
KING, Darren Anthony→
Activedirector · ~49y · appointed 2026-05-14
View their other companies + combined net worth →
LINGHAM, Michael William→
Activedirector · ~40y · appointed 2024-10-14
View their other companies + combined net worth →
GATELEY SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2018-07-10 · resigned 2024-10-14
CONTARDO, Luca→
Resigneddirector · ~52y · appointed 2018-07-25 · resigned 2024-10-14
GARNER, Charles James→
Resigneddirector · ~55y · appointed 2015-09-10 · resigned 2016-02-29
HART, Amanda Judith→
Resigneddirector · ~55y · appointed 2016-01-07 · resigned 2017-08-11
HEPBURN, Mark→
Resigneddirector · ~54y · appointed 2012-04-12 · resigned 2024-10-14
MULHOLLAND, Barry Joseph→
Resigneddirector · ~60y · appointed 2018-07-25 · resigned 2024-10-14
PATIL, Anil Sudhakar→
Resigneddirector · ~52y · appointed 2012-03-30 · resigned 2015-12-17
RAYNER, Alex→
Resigneddirector · ~65y · appointed 2024-10-14 · resigned 2026-05-14
SANDHU, Satwinder Singh→
Resigneddirector · ~54y · appointed 2012-03-30 · resigned 2013-11-04
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
2
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Connection Capital as Security Trustee for the Secured Parties (As Defined Therein) Connection Capital LLP as Security Trustee for the Secured Parties (As Defined Therein) | A registered charge | — | 25/07/2018 | 10/07/2024 | |
| satisfied | HSBC Hsbc Equipment Finance (UK) LTD | A registered charge | — | 22/06/2018 | 18/03/2026 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 22/06/2018 | 25/03/2026 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 22/09/2015 | 09/06/2020 | |
| satisfied | Metro Bank Metro Bank PLC | A registered charge | — | 29/08/2014 | 29/09/2015 | |
| satisfied | Santander Santander UK PLC | Debenture | 1 property | 21/03/2013 | 21/05/2014 | |
| outstanding | Pavilion Trustees (As Trustees of the North Harbour Unit Trust) and Pavilion Property Trustees (as Trustees of the North Harbour Unit Trust) Pavilion Trustees Limited (As Trustees of the North Harbour Unit Trust) and Pavilion Property Trustees Limited (as Trustees of the North Harbour Unit Trust) | Rent deposit deed | 1 property | 06/02/2013 | — | |
| outstanding | Threadneedle Pensions Threadneedle Pensions Limited | A rent deposit deed | 1 property | 23/01/2013 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (97 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-05-26
termination-director-company-with-name-termination-date
officers · TM01
2026-05-22
accounts-with-accounts-type-full
accounts · AA
2026-04-18
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-25
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-18
legacy
capital · SH20
2026-02-13
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2026-02-13
legacy
insolvency · CAP-SS
2026-02-13
resolution
resolution · RESOLUTIONS
2026-02-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-22
resolution
resolution · RESOLUTIONS
2025-12-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-12-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-12