29 RS SPICE LIMITED
Opportunity 71/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-21.6k | £-12.2k |
| Current assets | £3.2k | £2.5k |
| Net assets | £-31.4k | £-20.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (12 events)Click to expand
- 2025-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-08-15📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2017-11-20🏢Company incorporatedAs 29 RS SPICE LIMITED
- 2017-11-20➕CHEN, Jianjie appointeddirector
- 2017-11-20📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jianjie Chen Individual · Chinese · DOB 08/1982 · age 44 | 75–100% | — | 75-100% shares | 20/11/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · NW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 218 OLD CHRIST CHURCH LTD→ 11686696 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 22 BIRDS LTD→ 16762513 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 24 & 30 SG LIMITED→ 16118878 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 247 CATERING LIMITED→ 17072747 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 250 WILLESDEN LANE LTD→ 10667913 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 26 LEINSTER TERRACE LIMITED→ 15704905 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 26 PROMOTIONS AND EVENTS LTD→ 14971660 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 3 DELIS LIMITED→ 13359027 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 3 ROYAL CRESCENT LIMITED→ 02789459 · est 1993 · no financials extracted | — | — | — | — | 33y | — | — |
| 31 MELROSE AVENUE LIMITED→ 04549635 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| 329 KITCHEN & BAR LIMITED→ 14539665 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 3AKA LTD→ 16158055 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.