BELGIAN CHIP STATION LTD

🚨Distressedactive
12228671 · ltd · incorporated 2019-09-26
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
£-46.4k
book net assets
Opportunity
62/100
Worth a look
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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 62/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. 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
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £46,409

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£46k
↓ 5.6% YoY
Current Assets
£10k
↑ 67% YoY
Current Liabilities
-£46k-£35k-£24k-£12k-£908£10kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-09-302023-09-30
Total assets£17.8k£20.9k
Current assets£10.5k£6.3k
Net assets£-46.4k£-43.9k

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-05-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2022-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-06-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-03-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2021-03-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2021-03-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2021-03-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2021-03-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2021-03-08
    HUSSEIN, Zrng Kamaran appointed
    director
  13. 2021-03-08
    HUSSEIN, Brwa Hama resigned
    director
  14. 2021-03-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2019-09-26
    🏢
    Company incorporated
    As BELGIAN CHIP STATION LTD
  16. 2019-09-26
    HUSSEIN, Brwa Hama appointed
    director
  17. 2019-09-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material 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

45/100
Moderate signal

Some 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.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-06-30

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Zrng Kamaran Hussein
Individual · Iraqi · DOB 02/1993 · age 33
2550%
25–50%board control25-50% shares · 25-50% voting · board control08/03/2021
Mr Alan Dilshad
Individual · British · DOB 03/1980 · age 46
2550%
25–50%board control25-50% shares · 25-50% voting · board control08/03/2021
1 historic (ceased) PSC
  • Mr Brwa Hama Husseinceased 08/03/2021· 50-75% shares · 50-75% 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.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2019-09-26
Jurisdictionengland-wales
Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

19 High Street
Southend-On-Sea
SS1 1JE
England

Filing status

Accounts
Next due: 2026-06-30OVERDUE
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-03-21
Last: 2026-03-07

Officers (1 active · 1 resigned)

HUSSEIN, Zrng Kamaran
director · ~33y · appointed 2021-03-08
View their other companies + combined net worth →
Active
HUSSEIN, Brwa Hama
director · ~39y · appointed 2019-09-26 · resigned 2021-03-08
Resigned

Click a director name to see their full track record across all companies.

Recent filings (21 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-01
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-09
termination-director-company-with-name-termination-date
officers · TM01
2021-03-09