13TH FLOOR COFFEE COMPANY LTD
🏛️Establishedactive
13040412 · ltd · incorporated 2020-11-24
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 Mar 2025
Net worth
£8.3k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 72/100 (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 -66% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (80/100)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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
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 102Positive net assets
Net assets £8,267
Net assets shrinking
Down £22,231 YoY
Cash draining
Cash down 66% YoY
Cash YoY
-66%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£6k
↓ 66% YoY
Net Worth
£8k
↓ 73% YoY
Current Assets
£16k
↓ 46% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £8.3k | £30.5k |
| Current assets | £16.3k | £30.3k |
| Cash | £5.6k | £16.6k |
| Debtors | £4.4k | £10.2k |
| Net assets | £8.3k | £30.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-12-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-01-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-01-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-01-18📄capital-allotment-sharescapital · SH01
- 2022-11-22📄capital-name-of-class-of-sharescapital · SH08
- 2022-11-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-11-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-11-18📄capital-allotment-sharescapital · SH01
- 2022-08-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-06-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-12-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-02-12➕LOCKE, Benjamin Patrick appointeddirector
- 2021-02-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-02-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-01-28📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2020-11-24🏢Company incorporatedAs 13TH FLOOR COFFEE COMPANY LTD
- 2020-11-24➕TAFFE, Simon appointeddirector
- 2020-11-24📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
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.
- +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.
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.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Simon Taffe Individual · British · DOB 07/1980 · age 46 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 24/11/2020 |
2 historic (ceased) PSCs
- Mr Benjamin Patrick Lockeceased 22/11/2022· 25-50% shares · 25-50% voting
- Mr Benjamin Patrick Lockeceased 12/02/2021· 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 · Hospitality · SE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 081 NAPOLI LIMITED→ 15826192 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1 KENNINGTON PARK PLACE LIMITED→ 05834221 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 10 VICARAGE PARK LIMITED→ 05983056 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 10 WHITWORTH ROAD FREEHOLD LIMITED→ 08008430 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| 11:11 LDN LTD→ 13384185 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 12 - 14 ST MARY'S ROAD MANAGEMENT LIMITED→ 02647696 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| 139FIKA LTD→ 15085321 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 156 EGLINTON ROAD LIMITED→ 05814029 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 167 CROYDON ROAD (FREEHOLD) LIMITED→ 08715938 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| 175 KENNINGTON LANE LIMITED→ 08990738 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| 1882 EVENTS LTD→ 16440696 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 19FIFTYSEVEN RESTAURANT LTD→ 13219335 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2020-11-24
Jurisdictionengland-wales
Primary SIC56102 — Unlicenced restaurants and cafes
Registered office
6 One Tree Close
London
SE23 3QZ
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13
Officers (2 active · 0 resigned)
LOCKE, Benjamin Patrick→
Activedirector · ~39y · appointed 2021-02-12
View their other companies + combined net worth →
TAFFE, Simon→
Activedirector · ~46y · appointed 2020-11-24
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (23 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-01-18
capital-allotment-shares
capital · SH01
2023-01-18
capital-name-of-class-of-shares
capital · SH08
2022-11-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-11-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-18
capital-allotment-shares
capital · SH01
2022-11-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-08-24