AJO IL CORNER ITALIANO LIMITED

🌿Early-stageactive
14267679 · ltd · incorporated 2022-08-01
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
£42.2k
year to Oct 2024
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: conservative operator with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. 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: strategic trade sale (70/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
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
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
71/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Profitable
Profit before tax £452

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-31
Turnover£42.2k
Gross profit£25.6k
Profit before tax£452
Average employees200

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
0
filings
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-07-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-07-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-05-10
    WARD, Jamie Edward Peter resigned
    director
  5. 2024-12-23
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2024-05-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-01-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-04-19
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2022-10-02
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  10. 2022-08-01
    🏢
    Company incorporated
    As AJO IL CORNER ITALIANO LIMITED
  11. 2022-08-01
    SCALAS, Enrico appointed
    director
  12. 2022-08-01
    WARD, Jamie Edward Peter appointed
    director
  13. 2022-08-01
    📄
    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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Enrico Scalas
Individual · Italian · DOB 08/1993 · age 33
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/08/2022
1 historic (ceased) PSC
  • Mr Jamie Edward Peter Wardceased 10/05/2025· 25-50% shares · 25-50% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2022-08-01
Jurisdictionengland-wales
Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

The Bazaar
Hillside
Forest Row
RH18 5ES
United Kingdom

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-08-19
Last: 2025-08-05

Officers (1 active · 1 resigned)

SCALAS, Enrico
director · ~33y · appointed 2022-08-01
View their other companies + combined net worth →
Active
WARD, Jamie Edward Peter
director · ~28y · appointed 2022-08-01 · resigned 2025-05-10
Resigned

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

Recent filings (13 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-02
termination-director-company-with-name-termination-date
officers · TM01
2025-07-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-13
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-04-19
change-account-reference-date-company-current-shortened
accounts · AA01
2022-10-02
incorporation-company
incorporation · NEWINC
2022-08-01