BOBA TEA LINCOLN LTD
💤Zombieactive
13667430 · ltd · incorporated 2021-10-07
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£45.9k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Take-away food shops and mobile food stands
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: active trading company 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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 4.2y
35/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.2 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
14 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
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £45,884
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£46k
↑ 63% YoY
Current Assets
£37k
↓ 61% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £70.4k | £69.9k |
| Current assets | £36.6k | £94.4k |
| Net assets | £45.9k | £28.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (13 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-24📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2023-07-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-05-23🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2022-02-17➖HOWLETT, Kevin Richard resigneddirector
- 2022-02-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-02-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-10-07🏢Company incorporatedAs BOBA TEA LINCOLN LTD
- 2021-10-07➕HOWLETT, Simone Louise appointeddirector
- 2021-10-07➕HOWLETT, Kevin Richard appointeddirector
- 2021-10-07📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Simone Louise Howlett Individual · English · DOB 08/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 07/10/2021 |
1 historic (ceased) PSC
- Mr Kevin Richard Howlettceased 17/02/2022· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · LN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BARNEY'S CHURROS LTD→ 14355943 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BELLCASTLE EVENTS LTD→ 15594679 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BELLCASTLE HOSPITALITY LTD→ 13910881 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BENTLEYS HOLIDAY HOMES LIMITED→ 15189033 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BLUE CLOUD SHISHA LTD→ 16280019 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BOOTLEG BARS LIMITED→ 09359114 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BRACEBRIDGE TANDOORI LTD→ 15609608 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BRACKENBOROUGH LIMITED→ 04517523 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| BRANT LOWFIELD LTD→ 16909925 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRONZE PIG GUEST ROOMS LIMITED→ 15518921 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BULLET HOSPITALITY LTD→ 15833143 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BURTON ROAD CHIPPY LIMITED→ 09289616 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2021-10-07
Jurisdictionengland-wales
Primary SIC56103 — Take-away food shops and mobile food stands
Registered office
169 Lincoln Road
Branston
Lincoln
LN4 1NS
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-05
Last: 2026-03-22
Officers (1 active · 1 resigned)
HOWLETT, Simone Louise→
Activedirector · ~55y · appointed 2021-10-07
View their other companies + combined net worth →
HOWLETT, Kevin Richard→
Resigneddirector · ~69y · appointed 2021-10-07 · resigned 2022-02-17
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 23/05/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (14 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-27
change-account-reference-date-company-current-extended
accounts · AA01
2023-10-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-05-24
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-16
termination-director-company-with-name-termination-date
officers · TM01
2022-02-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-02-17
incorporation-company
incorporation · NEWINC
2021-10-07