4 CORNERS KITCHEN LIMITED

🌿Early-stageactive
14580718 · ltd · incorporated 2023-01-09
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 Jan 2025
Net worth
£5.4k
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 68/100 (strong), bankability 70/100. 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 (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
5 officers (2 active, 5 linked, 5 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
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £5,380
Net assets shrinking
Down £3,120 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£5k
↓ 37% YoY
Current Assets
£3k
↓ 8.7% YoY
Current Liabilities
£0£2k£3k£5k£7k£9kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-01-312024-01-31
Total assets£5.4k£8.5k
Current assets£2.7k£3.0k
Net assets£5.4k£8.5k

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
0
filings
Last 180 days
3
filings
  • 1 confirmation-statement
  • 1 miscellaneous
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-15
    📄
    legacy
    miscellaneous · RP01PSC01
  2. 2025-12-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-11-21
    GILLIES, John David appointed
    director
  4. 2025-11-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-11-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2025-09-10
    GILLIES, Leonna Patrice appointed
    director
  8. 2025-09-10
    GILLIES, John resigned
    director
  9. 2025-09-10
    MCARDLE, James Steven appointed
    director
  10. 2025-09-10
    MCARDLE, James Steven resigned
    director
  11. 2025-09-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2025-09-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2025-09-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2025-09-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2025-08-27
    MCARDLE, James Steven resigned
    director
  16. 2025-08-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2025-08-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2025-02-12
    GILLIES, John appointed
    director
  19. 2025-02-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  20. 2025-02-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2025-01-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2023-01-09
    🏢
    Company incorporated
    As 4 CORNERS KITCHEN LIMITED
  23. 2023-01-09
    MCARDLE, James Steven appointed
    director
  24. 2023-01-09
    📄
    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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited 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 med ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: GILLIES, John resigned 2025-09-10; MCARDLE, James Steven resigned 2025-09-10; MCARDLE, James Steven resigned 2025-08-27

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John David Gillies
Individual · British · DOB 01/1981 · age 45
75100%
75–100%75-100% shares · 75-100% voting12/02/2025
1 historic (ceased) PSC
  • Mr James Steven Mcardleceased 27/08/2025· 75-100% shares · 75-100% 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

7 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
Incorporated2023-01-09
Jurisdictionengland-wales
Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

Unit 13 Hanson Road
Liverpool
L9 7JN
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-22
Last: 2026-01-08

Officers (2 active · 3 resigned)

GILLIES, John David
director · ~45y · appointed 2025-11-21
View their other companies + combined net worth →
Active
GILLIES, Leonna Patrice
director · ~37y · appointed 2025-09-10
View their other companies + combined net worth →
Active
GILLIES, John
director · ~45y · appointed 2025-02-12 · resigned 2025-09-10
Resigned
MCARDLE, James Steven
director · ~41y · appointed 2025-09-10 · resigned 2025-09-10
Resigned
MCARDLE, James Steven
director · ~41y · appointed 2023-01-09 · resigned 2025-08-27
Resigned

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

Recent filings (18 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
legacy
miscellaneous · RP01PSC01
2025-12-15
appoint-person-director-company-with-name-date
officers · AP01
2025-12-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-20
change-person-director-company-with-change-date
officers · CH01
2025-11-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-31
appoint-person-director-company-with-name-date
officers · AP01
2025-09-10
termination-director-company-with-name-termination-date
officers · TM01
2025-09-10
appoint-person-director-company-with-name-date
officers · AP01
2025-09-10
termination-director-company-with-name-termination-date
officers · TM01
2025-09-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-27
termination-director-company-with-name-termination-date
officers · TM01
2025-08-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-02-12
appoint-person-director-company-with-name-date
officers · AP01
2025-02-12