65 DEGREES LTD

🌿Early-stageactive
14387058 · ltd · incorporated 2022-09-29
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
year to Sept 2025
Net worth
book net assets
Opportunity
67/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
4 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
50
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30

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
1
filing
  • 1 dissolution
Last 90 days
2
filings
  • 1 dissolution
  • 1 accounts
Last 180 days
2
filings
  • 1 dissolution
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-05-09
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  2. 2026-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-07-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-06-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-04-27
    📄
    capital-allotment-shares
    capital · SH01
  7. 2022-09-29
    🏢
    Company incorporated
    As 65 DEGREES LTD
  8. 2022-09-29
    KWOK, Ka Fai appointed
    director
  9. 2022-09-29
    LEUNG, Man Hon appointed
    director
  10. 2022-09-29
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-10

Shareholders & ownership

4 active beneficial owners · fragmented
NameSharesVoting rightsNature of controlNotified
Mr Man Hon Leung
Individual · British · DOB 04/1975 · age 51
2550%
25–50%board control25-50% shares · 25-50% voting · board control29/09/2022
Ka Fai Kwok
Individual · British · DOB 07/1967 · age 59
2550%
25–50%board control25-50% shares · 25-50% voting · board control29/09/2022
Ka Wa Ma
Individual · British · DOB 09/1983 · age 43
2550%
25–50%board control25-50% shares · 25-50% voting · board control29/09/2022
Chi Hang Ho
Individual · British · DOB 03/1975 · age 51
2550%
25–50%board control25-50% shares · 25-50% voting · board control29/09/2022

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

Similar companies

Active · Hospitality · HG postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A CASA DI ALESSIA LIMITED
12420911 · est 2020 · no financials extracted
6y
ABUS HARROGATE LTD
16838184 · est 2025 · no financials extracted
ACCESS RETAIL SOLUTIONS LTD
13172338 · est 2021 · no financials extracted
5y
ACRS PROPERTIES LIMITED
15388999 · est 2024 · no financials extracted
2y
ADAM BALTI & PIZZA LIMITED
12442127 · est 2020 · no financials extracted
6y
ASCOT HOUSE HOTEL LIMITED
02273498 · est 1988 · no financials extracted
37y
BARBECU LTD
15247000 · est 2023 · no financials extracted
2y
BELSFIELD COURT MANAGEMENT COMPANY LIMITED
00941037 · est 1968 · no financials extracted
57y
BLOOMDEAN LIMITED
03890966 · est 1999 · no financials extracted
26y
BO&CO PROPERTIES LTD
15475570 · est 2024 · no financials extracted
2y
BOCOX LIMITED
06042943 · est 2007 · no financials extracted
19y
BOOTHROYD FLANIGAN LTD
14788875 · est 2023 · no financials extracted
3y
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
Incorporated2022-09-29
Jurisdictionengland-wales
Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

Unit 9, 1/F Westminster Arcade,
32 Parliament Street
Harrogate
HG1 2RN
England

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-05-10OVERDUE
Last: 2025-04-26

Officers (2 active · 0 resigned)

KWOK, Ka Fai
director · ~59y · appointed 2022-09-29
View their other companies + combined net worth →
Active
LEUNG, Man Hon
director · ~51y · appointed 2022-09-29
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

dissolution-application-strike-off-company
dissolution · DS01
2026-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-15
capital-allotment-shares
capital · SH01
2023-04-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-28
incorporation-company
incorporation · NEWINC
2022-09-29