CHILLI REPUBLIC LTD
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. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (79/100)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 · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £37.0k | £37.0k |
| Current assets | £132 | £132 |
| Net assets | £37.4k | £37.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (21 events)Click to expand
- 2025-09-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-01-09➖THOMPSON, Nick resigneddirector
- 2022-09-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-03-02📄resolutionresolution · RESOLUTIONS
- 2020-12-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-12-22📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2020-12-22📄termination-director-companyofficers · TM01
- 2020-12-21➕BELLHAM, Kerry appointeddirector
- 2020-12-21➕BELLHAM, Neil appointeddirector
- 2020-12-21➖DUKE, Michael resigneddirector
- 2020-12-21➕THOMPSON, Nick appointeddirector
- 2020-12-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-12-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-12-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-12-18🏢Company incorporatedAs CHILLI REPUBLIC LTD
- 2020-12-18➕DUKE, Michael appointeddirector
- 2020-12-18📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Neil Bellham Individual · British · DOB 10/1972 · age 54 | 50–75% | — | 50-75% shares | 22/12/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Food & drink · SS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A2A FOODS LIMITED→ 10016798 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ANNA'S ARTISAN OVEN LTD→ 16959910 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BARDOWN BARBEQUE LIMITED→ 11925711 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| BELLI WELLI (INTERNATIONAL) LIMITED→ 13042912 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BELLYGOODNESS LIMITED→ 13940676 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BILTONG DIRECT LTD→ 16876514 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BULL SHARK VODKA LIMITED→ 17052486 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BURTYS NUTS LTD→ 13656424 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CAKES BY LA LTD→ 13822696 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| COFFEE & GRUB HUT LTD→ 16097060 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| COFFEE CAPSULE UK LTD→ 13676309 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| COFFEE MAMA LTD→ 16006530 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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 →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 (2 active · 2 resigned)
Click a director name to see their full track record across all companies.