AFRICAN TASTE N BITE RESTAURANT LTD

🌱Startupactive
15823455 · ltd · incorporated 2024-07-08
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 55/100. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (5 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
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.

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 (11 events)Click to expand
  1. 2025-04-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-04-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-04-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-04-11
    FAWUSI, Oladele Joshua appointed
    director
  5. 2025-04-11
    OLADELE FAWUSI, Taiwo Mary appointed
    director
  6. 2025-01-10
    MOSHOOD, Abiola Haruna appointed
    director
  7. 2025-01-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-07-08
    🏢
    Company incorporated
    As AFRICAN TASTE N BITE RESTAURANT LTD
  9. 2024-07-08
    AGBONYIN, Oluwaseun John appointed
    director
  10. 2024-07-08
    POPOOLA, Kehinde appointed
    director
  11. 2024-07-08
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

45/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Young company: Only 2.0 years old — management layer unlikely to be developed.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-05-14

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Oluwaseun John Agbonyin
Individual · Nigerian · DOB 07/1984 · age 42
2550%
25–50%25-50% shares · 25-50% voting08/07/2024
Mr Kehinde Popoola
Individual · British · DOB 05/1970 · age 56
2550%
25–50%25-50% shares · 25-50% voting08/07/2024

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

8 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
Incorporated2024-07-08
Jurisdictionengland-wales
Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

2 New Street
Grimsby
DN31 1HQ
England

Filing status

Accounts
Next due: 2026-07-08
Last made up to:
Confirmation statement
Next due: 2026-05-14OVERDUE
Last: 2025-04-30

Officers (5 active · 0 resigned)

AGBONYIN, Oluwaseun John
director · ~42y · appointed 2024-07-08
View their other companies + combined net worth →
Active
FAWUSI, Oladele Joshua
director · ~46y · appointed 2025-04-11
View their other companies + combined net worth →
Active
MOSHOOD, Abiola Haruna
director · ~44y · appointed 2025-01-10
View their other companies + combined net worth →
Active
OLADELE FAWUSI, Taiwo Mary
director · ~44y · appointed 2025-04-11
View their other companies + combined net worth →
Active
POPOOLA, Kehinde
director · ~56y · appointed 2024-07-08
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)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-13
appoint-person-director-company-with-name-date
officers · AP01
2025-04-12
appoint-person-director-company-with-name-date
officers · AP01
2025-04-12
appoint-person-director-company-with-name-date
officers · AP01
2025-01-10
incorporation-company
incorporation · NEWINC
2024-07-08