BALKANIKA FOODS LIMITED
💤Zombieactive
09595083 · ltd · incorporated 2015-05-18
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 May 2025
Net worth
£-52.9k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -61% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
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
2 officers (1 active, 2 linked, 2 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
32 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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £52,906
Cash draining
Cash down 61% YoY
Cash YoY
-61%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£665
↓ 61% YoY
Net Worth
-£53k
↓ 5.2% YoY
Current Assets
£665
↓ 61% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £-17.0k | £-14.4k |
| Current assets | £665 | £1.7k |
| Cash | £665 | £1.7k |
| Net assets | £-52.9k | £-50.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-02-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-02-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-26➖VASILEV, Ivan resigneddirector
- 2022-04-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-04-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-01-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-20📄legacymiscellaneous · RPCH01
- 2020-03-02📄change-person-director-company-with-change-dateofficers · CH01
- 2020-03-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-16📄change-person-director-company-with-change-dateofficers · CH01
- 2015-05-18🏢Company incorporatedAs BALKANIKA FOODS LIMITED
- 2015-05-18➕IVANOV, Yavor appointeddirector
- 2015-05-18➕VASILEV, Ivan appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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
50/100
Moderate signalSome 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Yavor Ivanov Individual · Bulgarian · DOB 05/1983 · age 43 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/06/2016 |
1 historic (ceased) PSC
- Mr Ivan Vasilevceased 26/04/2022· 25-50% shares · 25-50% voting
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 · Retail · WR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ARTIFECTS (AGENTS) UK LIMITED→ 07994044 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| ARTS ENTERPRISES WORCESTER LTD→ 02827118 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| AT HOME WITH THE RUDDS LIMITED→ 12871556 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ATHANE LTD→ 16612641 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ATLANTA TRADE LTD→ 16181634 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AUTO ELECTRIC SUPPLIES LIMITED→ 05140360 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| BALTIC HOT TUBS LTD→ 12579320 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BAREBACK FOOTWEAR LIMITED→ 10651072 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| BATTLE SPACE LTD→ 16169669 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BEAMOX LTD→ 15363153 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BEAR-BOOKS LTD→ 12853481 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BEARD AND INK CLOTHING LTD→ 16557149 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2015-05-18
Jurisdictionengland-wales
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating
Registered office
Unit 1a St. Richards Road
Site 17a Four Pools Industrial Estate
Evesham
Worcestershire
WR11 1XJ
England
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-08
Last: 2026-04-24
Officers (1 active · 1 resigned)
IVANOV, Yavor→
Activedirector · ~43y · appointed 2015-05-18
View their other companies + combined net worth →
VASILEV, Ivan→
Resigneddirector · ~46y · appointed 2015-05-18 · resigned 2022-04-26
Click a director name to see their full track record across all companies.
Recent filings (32 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-26
termination-director-company-with-name-termination-date
officers · TM01
2022-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-21