39B GROAT MARKET LTD

🌿Early-stageactive
15701668 · ltd · incorporated 2024-05-03
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
56/100
Worth a look
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What this business does
Primary activity: Take-away food shops and mobile food stands
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 56/100 (worth a look), bankability 40/100. 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 (53/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (58/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
56/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • 1 dissolution
Last 90 days
2
filings
  • 1 dissolution
  • 1 gazette
Last 180 days
2
filings
  • 1 dissolution
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2026-05-20
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2026-04-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-07-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-07-22
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2024-05-03
    🏢
    Company incorporated
    As 39B GROAT MARKET LTD
  6. 2024-05-03
    GUCLU, Kemal appointed
    director
  7. 2024-05-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Young company: Only 2.0 years old — management layer unlikely to be developed.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

2 high ·
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: 2026-02-03

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-16

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Kemal Guclu
Individual · British · DOB 01/1957 · age 69
75100%
75–100%board control75-100% shares · 75-100% voting · board control03/05/2024

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.

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

12 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.

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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
Incorporated2024-05-03
Jurisdictionengland-wales
Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

39b Groat Market
Newcastle Upon Tyne
NE1 1UG
United Kingdom

Filing status

Accounts
Next due: 2026-02-03OVERDUE
Last made up to:
Confirmation statement
Next due: 2026-05-16OVERDUE
Last: 2025-05-02

Officers (1 active · 0 resigned)

GUCLU, Kemal
director · ~69y · appointed 2024-05-03
View their other companies + combined net worth →
Active

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

Recent filings (6 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-05-20
gazette-notice-compulsory
gazette · GAZ1
2026-04-07
gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-23
gazette-notice-compulsory
gazette · GAZ1
2025-07-22
incorporation-company
incorporation · NEWINC
2024-05-03