GENCO OIL LIMITED

🌿Early-stageactive
15137828 · ltd · incorporated 2023-09-14
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 2024
Net worth
£75.4k
book net assets
Opportunity
59/100
Worth a look
🔔
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What this business does
Primary activity: SIC 10410
Sector: Manufacturing
Investor take
Special-situation opportunity
Distressed food-drink with salvageable qualities — special-situations priority.

Opportunity 59/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

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 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £75,375

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£75k
Current Assets
£429k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-30
Total assets£65.4k
Current assets£429.4k
Net assets£75.4k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 90 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
2
filings
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-07-14
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-07-01
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-08-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2025-07-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-06-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-06-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2025-06-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-06-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2025-06-12
    MOK, Chui Ping, Ms. appointed
    director
  10. 2025-06-12
    GRIFFIN, Gemma Lindsey resigned
    director
  11. 2024-11-20
    📍
    default-companies-house-service-address-applied-psc
    address · RP10
  12. 2024-11-20
    📍
    default-companies-house-service-address-applied-psc
    address · RP10
  13. 2024-11-20
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  14. 2024-09-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2024-03-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  16. 2024-02-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2023-10-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2023-09-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  19. 2023-09-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  20. 2023-09-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2023-09-14
    🏢
    Company incorporated
    As GENCO OIL LIMITED
  22. 2023-09-14
    GRIFFIN, Gemma Lindsey appointed
    director
  23. 2023-09-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Young company: Only 2.9 years old — management layer unlikely to be developed.

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

1 high · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-06-30

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms. Chion Sasaki
Individual · Japanese · DOB 11/1982 · age 44
75100%
75–100%board control75-100% shares · 75-100% voting · board control04/07/2025
3 historic (ceased) PSCs
  • Miss Gemma Lindsey Griffinceased 12/06/2025· 25-50% shares
  • Genco Renewables Ltdceased 28/07/2025· 50-75% shares · 50-75% voting
  • Mr Lin Wangceased 15/09/2023· significant influence

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 →
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See pricing →
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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.

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Company details

Statusactive
Typeltd
Incorporated2023-09-14
Jurisdictionengland-wales
Primary SIC10410 — SIC 10410

Registered office

50 Princes Street
Ipswich
IP1 1RJ
England

Filing status

Accounts
Next due: 2026-06-30OVERDUE
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-27
Last: 2025-09-13

Officers (1 active · 1 resigned)

MOK, Chui Ping, Ms.
director · ~52y · appointed 2025-06-12
View their other companies + combined net worth →
Active
GRIFFIN, Gemma Lindsey
director · ~45y · appointed 2023-09-14 · resigned 2025-06-12
Resigned

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

Recent filings (21 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-07-14
dissolution-application-strike-off-company
dissolution · DS01
2026-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-08-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-28
termination-director-company-with-name-termination-date
officers · TM01
2025-06-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-13
appoint-person-director-company-with-name-date
officers · AP01
2025-06-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-13
default-companies-house-service-address-applied-psc
address · RP10
2024-11-20
default-companies-house-service-address-applied-psc
address · RP10
2024-11-20
default-companies-house-service-address-applied-officer
address · RP09
2024-11-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-03-12