BRITGROCER LTD
🌳Matureactive
09725665 · ltd · incorporated 2015-08-10
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
—
year to Dec 2024
Net worth
£-32.4k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 46170
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 46190Agents involved in the sale of a variety of goods
- 49410Freight transport by road
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 75/100 (strong), bankability 85/100. 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 -49% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 8.7y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
49 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.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £32,413
Net assets shrinking
Down £43,348 YoY
Cash draining
Cash down 49% YoY
Cash YoY
-49%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£7k
↓ 49% YoY
Net Worth
-£32k
↓ 396% YoY
Current Assets
£278k
↑ 517% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-10.6k | £38.5k |
| Current assets | £277.6k | £45.0k |
| Cash | £6.9k | £13.5k |
| Net assets | £-32.4k | £10.9k |
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
- 2025-12-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-09-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-24🔓Charge satisfied #2
- 2024-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-09-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-11📄change-person-director-company-with-change-dateofficers · CH01
- 2022-05-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-05-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-12-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-11-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-01-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-04-14🔒Charge registered #2Lender: Marketfinance Limited
- 2020-02-20➕CHATHA, Ramtirath appointeddirector
- 2020-02-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-02-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-07-17🔓Charge satisfied #1
- 2017-09-15🔒Charge registered #1Lender: Aldermore Bank PLC
- 2016-11-17➕CHATHA, Amanda Jane appointeddirector
- 2016-11-17➖GRATTAGE, Michael resigneddirector
- 2015-12-31➕GRATTAGE, Michael appointeddirector
- 2015-12-31➖MULLEY, Amanda Jane resigneddirector
- 2015-08-10🏢Company incorporatedAs BRITGROCER LTD
- 2015-08-10➕MULLEY, Amanda Jane appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Britgrocer International Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Britgrocer International Holdings Ltd
Corporate parent · holds 75-100% shares
⬇
BRITGROCER LTD
This company · 09725665
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Britgrocer International Holdings Ltd Corporate entity | 75–100% | — | 75-100% shares | 10/02/2022 |
Mr Ramtirath Chatha Individual · British · DOB 12/1970 · age 56 | — | — | sig. influencesignificant influence | 24/04/2023 |
3 historic (ceased) PSCs
- Mr Ramtirath Chathaceased 21/12/2021· significant influence
- Mrs Amanda Jane Chathaceased 10/02/2022· 75-100% shares · 75-100% voting · board control
- Mr Ramtirath Chathaceased 20/02/2020· significant influence
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 · Wholesale & distribution · DL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BAC OFFICE EQUIPMENT LIMITED→ 03006984 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
| BARBARA ANN LIMITED→ 16843328 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BIRCH DIRECT SOLUTIONS LTD→ 15640022 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BLACKWELL TRADING LTD→ 16327368 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BRICKBYTE COMMERCE LTD→ 16148726 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BRIDGEDALES NUTRITION LIMITED→ 05657742 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| BRIGHT CUBEZ ( UK) LTD→ 16187515 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BRRYANT LIMITED→ 16376678 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BUDGET MACHINERY LIMITED→ 05640929 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| BULLIVANT LIMITED→ 16811170 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BYTE NEST SOLUTIONS LTD→ 16436694 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| C D I INNOVATIVE CONSTRUCTION MATERIALS LIMITED→ 08147744 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2015-08-10
Jurisdictionengland-wales
Primary SIC46170 — SIC 46170
Registered office
The Work Place Heighington Lane
Aycliffe Business Park
Newton Aycliffe
Co Durham
DL5 6AH
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-15
Last: 2025-10-01
Officers (2 active · 2 resigned)
CHATHA, Amanda Jane→
Activedirector · ~51y · appointed 2016-11-17
View their other companies + combined net worth →
CHATHA, Ramtirath→
Activedirector · ~56y · appointed 2020-02-20
View their other companies + combined net worth →
GRATTAGE, Michael→
Resigneddirector · ~76y · appointed 2015-12-31 · resigned 2016-11-17
MULLEY, Amanda Jane→
Resigneddirector · ~51y · appointed 2015-08-10 · resigned 2015-12-31
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Marketfinance Marketfinance Limited | A registered charge | — | 14/04/2020 | 24/06/2025 | |
| satisfied | Aldermore Aldermore Bank PLC | A registered charge | — | 15/09/2017 | 17/07/2019 |
Recent filings (49 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-06
change-person-director-company-with-change-date
officers · CH01
2022-05-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-05-04