GREAT GELATO LIMITED
🏛️Establishedactive
13329064 · ltd · incorporated 2021-04-12
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 Apr 2025
Net worth
£-27.6k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: SIC 10520
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
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. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: high (81/100)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
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
82
Few red 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 £27,560
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£28k
↓ 146% YoY
Current Assets
£56k
↑ 15% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £112.4k | £93.8k |
| Current assets | £56.2k | £49.0k |
| Net assets | £-27.6k | £-11.2k |
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
5
filings
- • 2 officers
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Last 180 days
7
filings
- • 2 officers
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-04-21📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-21📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-04-29➕WILKINSON, Joanna Charlotte appointeddirector
- 2022-04-29📄change-person-director-company-with-change-dateofficers · CH01
- 2022-04-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-04-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-04-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-09-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-04-12🏢Company incorporatedAs GREAT GELATO LIMITED
- 2021-04-12➕WILKINSON, Ethan Ronan appointeddirector
Owner dependency
71/100
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.
- +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
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ethan Ronan Wilkinson Individual · British · DOB 09/1990 · age 36 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 12/04/2021 |
Mrs Joanna Charlotte Wilkinson Individual · British · DOB 05/1993 · age 33 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 12/04/2021 |
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
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|---|---|---|---|---|---|---|---|
| CRUMB COOKIES LTD→ 15119835 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DOGINBLACK LTD→ 11834222 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| EAGLE DISTILLERS LIMITED→ 12305500 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GILBERTS KOSHER FOODS LIMITED→ 03022462 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
| GOOD FOREST CATERING LTD→ 15654422 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| GORDON'S GARDEN BLEND LTD→ 13388241 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| GRID BEER PROJECT LTD→ 14521743 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| GRUMPY COW BILTONG LTD→ 15616362 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| GUT & GLORY LIMITED→ 15847564 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GUTKIND LTD→ 17122269 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HALAMI LTD→ 16990512 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HALO COFFEE LIMITED→ 10008523 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated2021-04-12
Jurisdictionengland-wales
Primary SIC10520 — SIC 10520
Registered office
47 High Street
Milton Keynes
Buckinghamshire
MK11 1AA
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-25
Last: 2026-04-11
Officers (2 active · 0 resigned)
WILKINSON, Ethan Ronan→
Activedirector · ~36y · appointed 2021-04-12
View their other companies + combined net worth →
WILKINSON, Joanna Charlotte→
Activedirector · ~33y · appointed 2022-04-29
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (26 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-21
change-person-director-company-with-change-date
officers · CH01
2026-04-21
change-person-director-company-with-change-date
officers · CH01
2026-04-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-31
change-person-director-company-with-change-date
officers · CH01
2024-12-19
change-person-director-company-with-change-date
officers · CH01
2024-12-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-22