DRIVERS FOODS (LEICESTER) LIMITED
🌳Matureactive
09270189 · ltd · incorporated 2014-10-20
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 11.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£2.87M
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 10390
Sector: Manufacturing
Investor take
PursueActive trading company with a 85-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (73/100, director aged 85). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 11.4y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 11.4 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (81/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £2,868,951
Cash YoY
+108%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£622k
↑ 108% YoY
Net Worth
£2.9m
↑ 2.4% YoY
Current Assets
£1.7m
↑ 25% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £2.89M | £2.83M |
| Current assets | £1.75M | £1.40M |
| Cash | £622.2k | £298.6k |
| Debtors | £698.7k | £712.7k |
| Net assets | £2.87M | £2.80M |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-25📄second-filing-notification-of-a-person-with-significant-controlpersons-with-significant-control · RP04PSC01
- 2025-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-10-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-03-03🔓Charge satisfied #2
- 2021-03-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-03-02🔓Charge satisfied #1
- 2020-06-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-12-21📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2019-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-07-03🔒Charge registered #3Lender: Santander UK PLC as Security Trustee
- 2018-06-02➖DRIVER, Frederick Charles resigneddirector
- 2017-06-08🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2015-02-25🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2014-10-20🏢Company incorporatedAs DRIVERS FOODS (LEICESTER) LIMITED
- 2014-10-20➕DRIVER, Alan John appointeddirector
- 2014-10-20➕DRIVER, Gillian Anne appointeddirector
- 2014-10-20➕DRIVER, James Alan John appointeddirector
- 2014-10-20➕DRIVER, Stuart John appointeddirector
- 2014-10-20➕DRIVER, Frederick Charles appointeddirector
Owner dependency
78/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder name in company name: Company name contains director surname "DRIVER" — strong identity link between founder and business.
- +Founder age: Director aged approximately 85 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Alan John Driver Individual · British · DOB 08/1977 · age 49 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 15/12/2022 |
Mr Stuart John Driver Individual · British · DOB 07/1964 · age 62 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/11/2019 |
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
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|---|---|---|---|---|---|---|---|
| BROCKLEBY'S LTD→ 16055227 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BURGER BAGS LIMITED→ 15336189 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CHOCOLATE TREATS LIMITED→ 07647911 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| CONNORS BAKERY LIMITED→ 10472311 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| D'S CAKES LEICESTER LIMITED→ 16254282 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| DEVIL DELIGHTS LTD→ 08517709 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| DINING LTD→ 11784394 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| DIPAK FOODS LIMITED→ 03343878 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| DOMINIC AT DAVID NORTH LIMITED→ 05127299 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| DOUGHCRUST LTD→ 13442608 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| DRIFTWOOD GIN LTD→ 14837114 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DRIVERS PICKLES LTD→ 11105334 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2014-10-20
Jurisdictionengland-wales
Primary SIC10390 — SIC 10390
Registered office
185 Scudamore Road
Leicester
LE3 1UQ
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-29
Last: 2025-12-15
Officers (4 active · 1 resigned)
DRIVER, Alan John→
Activedirector · ~82y · appointed 2014-10-20
View their other companies + combined net worth →
DRIVER, Gillian Anne→
Activedirector · ~85y · appointed 2014-10-20
View their other companies + combined net worth →
DRIVER, James Alan John→
Activedirector · ~49y · appointed 2014-10-20
View their other companies + combined net worth →
DRIVER, Stuart John→
Activedirector · ~62y · appointed 2014-10-20
View their other companies + combined net worth →
DRIVER, Frederick Charles→
Resigneddirector · ~90y · appointed 2014-10-20 · resigned 2018-06-02
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Santander Santander UK PLC as Security Trustee | A registered charge | 1 property | 03/07/2019 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 08/06/2017 | 03/03/2021 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 25/02/2015 | 02/03/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (37 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-22
second-filing-notification-of-a-person-with-significant-control
persons-with-significant-control · RP04PSC01
2025-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-02
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-19