CANCAVE LTD

🌿Early-stageactive
15327205 · ltd · incorporated 2023-12-04
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 Dec 2024
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: SIC 35230
Sector: Electricity, gas & energy
ALSO REGISTERED FOR
  • 71122Engineering related scientific and technical consulting activities
  • 72190Other research and experimental development on natural sciences and engineering
  • 74909Other professional, scientific and technical activities n.e.c.
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), 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: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (71/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 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
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

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
Metric2024-12-31
Average employees100

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 (18 events)Click to expand
  1. 2025-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2024-06-19
    ABOUHAKIM, Hanane, Dr resigned
    director
  4. 2024-04-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2024-04-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2024-04-22
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  7. 2024-04-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2024-04-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2024-04-19
    ABOUHAKIM, Hanane, Dr appointed
    secretary
  10. 2024-04-19
    ABOUHAKIM, Hanane, Dr resigned
    secretary
  11. 2024-04-19
    ABOUHAKIM, Hanane, Dr appointed
    director
  12. 2024-03-21
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  13. 2024-03-21
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2024-03-18
    📄
    legacy
    capital · SH20
  15. 2024-03-18
    ⚠️
    legacy
    insolvency · CAP-SS
  16. 2023-12-04
    🏢
    Company incorporated
    As CANCAVE LTD
  17. 2023-12-04
    ESECELI, Romeo Huseyin Emre appointed
    director
  18. 2023-12-04
    📄
    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 2.6 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 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2024-03-18: legacy

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Fatih Karadeniz
Individual · Turkish · DOB 10/1981 · age 45
75100%
75–100%board control75-100% shares · 75-100% voting · board control19/04/2024
1 historic (ceased) PSC
  • Mr Romeo Huseyin Emre Eseceliceased 19/04/2024· 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.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2023-12-04
Jurisdictionengland-wales
Primary SIC35230 — SIC 35230

Registered office

4 Edgecot Grove
South Tottenham
London
N15 5HD
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-25
Last: 2025-09-11

Officers (1 active · 2 resigned)

ESECELI, Romeo Huseyin Emre
director · ~30y · appointed 2023-12-04
View their other companies + combined net worth →
Active
ABOUHAKIM, Hanane, Dr
secretary · appointed 2024-04-19 · resigned 2024-04-19
Resigned
ABOUHAKIM, Hanane, Dr
director · ~37y · appointed 2024-04-19 · resigned 2024-06-19
Resigned

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

Recent filings (15 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-11
termination-director-company-with-name-termination-date
officers · TM01
2024-06-21
appoint-person-director-company-with-name-date
officers · AP01
2024-04-22
termination-secretary-company-with-name-termination-date
officers · TM02
2024-04-22
appoint-person-secretary-company-with-name-date
officers · AP03
2024-04-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-22
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-03-21
resolution
resolution · RESOLUTIONS
2024-03-21
legacy
capital · SH20
2024-03-18
legacy
insolvency · CAP-SS
2024-03-18
incorporation-company
incorporation · NEWINC
2023-12-04