23 COFFEE LTD

🌿Early-stageactive
15567216 · ltd · incorporated 2024-03-16
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
£10.3k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 56102Unlicenced restaurants and cafes
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 70/100 (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 (71/100)

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

Company profile
address, 2 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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £10,346

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£10k
Current Assets
£29k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-31
Total assets£26.2k
Current assets£29.3k
Net assets£10.3k

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 address
Last 180 days
2
filings
  • 1 address
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2026-04-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-03-05
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2025-01-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-03-16
    🏢
    Company incorporated
    As 23 COFFEE LTD
  6. 2024-03-16
    KEARNEY, Megan Louise appointed
    director
  7. 2024-03-16
    KEARNEY, Tyler Oliver Thomas appointed
    director
  8. 2024-03-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
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.
  • +Young company: Only 2.2 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

1 low
Multiple registered office changes
low

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Megan Louise Kearney
Individual · British · DOB 08/1985 · age 41
2550%
25–50%board control25-50% shares · 25-50% voting · board control16/03/2024
Mr Tyler Oliver Thomas Kearney
Individual · British · DOB 09/1992 · age 34
2550%
25–50%board control25-50% shares · 25-50% voting · board control16/03/2024

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
Incorporated2024-03-16
Jurisdictionengland-wales
Primary SIC56101 — Licenced restaurants

Registered office

Unit 9 Holt House Business Centre
Cherry Holt Road
Bourne
PE10 9LH
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-18
Last: 2026-03-04

Officers (2 active · 0 resigned)

KEARNEY, Megan Louise
director · ~41y · appointed 2024-03-16
View their other companies + combined net worth →
Active
KEARNEY, Tyler Oliver Thomas
director · ~34y · appointed 2024-03-16
View their other companies + combined net worth →
Active

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

Recent filings (7 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-15
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-03-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-29
incorporation-company
incorporation · NEWINC
2024-03-16