ELSEWHERE COFFEE LTD

🌿Early-stageactive
15529231 · ltd · incorporated 2024-02-28
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 Feb 2026
Net worth
£-218.3k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: SIC 10832
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (79/100)

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
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
Negative net assets
Liabilities exceed assets by £218,264
Cash YoY
+36%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£5k
↑ 36% YoY
Net Worth
-£218k
↓ 101% YoY
Current Assets
£208k
↑ 154% YoY
Current Liabilities
-£218k-£133k-£48k£38k£123k£208kFeb 2025Feb 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2026-02-282025-02-28
Total assets£282.4k£156.0k
Current assets£208.2k£82.1k
Cash£4.9k£3.6k
Debtors£156.1k£73.4k
Net assets£-218.3k£-108.5k

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
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-03-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-04-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-04-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-04-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-04-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-05-14
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  8. 2024-05-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-03-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2024-03-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2024-02-28
    🏢
    Company incorporated
    As ELSEWHERE COFFEE LTD
  12. 2024-02-28
    FAGG, Sebastian Edward Corbett appointed
    director
  13. 2024-02-28
    QUINAN, Alexander Duncan appointed
    director
  14. 2024-02-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +Young company: Only 2.3 years old — management layer unlikely to be developed.

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Leafy Outlook Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Leafy Outlook Limited
Corporate parent · holds 25-50% shares
significant stake
ELSEWHERE COFFEE LTD
This company · 15529231

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Leafy Outlook Limited
Corporate entity
2550%
25-50% shares28/02/2024
Mr Alexander Duncan Quinan
Individual · British · DOB 01/1991 · age 35
2550%
25–50%board control25-50% shares · 25-50% voting · board control28/02/2024
1 historic (ceased) PSC
  • Mr Sebastian Edward Corbett Faggceased 07/03/2024· 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.

🔒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

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
Incorporated2024-02-28
Jurisdictionengland-wales
Primary SIC10832 — SIC 10832

Registered office

The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR
England

Filing status

Accounts
Next due: 2027-11-30
Last made up to: 2026-02-28
Confirmation statement
Next due: 2027-03-13
Last: 2026-02-27

Officers (2 active · 0 resigned)

FAGG, Sebastian Edward Corbett
director · ~36y · appointed 2024-02-28
View their other companies + combined net worth →
Active
QUINAN, Alexander Duncan
director · ~35y · appointed 2024-02-28
View their other companies + combined net worth →
Active

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

Recent filings (13 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-23
change-person-director-company-with-change-date
officers · CH01
2025-04-23
change-person-director-company-with-change-date
officers · CH01
2025-04-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-04
certificate-change-of-name-company
change-of-name · CERTNM
2024-05-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-03-02
incorporation-company
incorporation · NEWINC
2024-02-28