104 RESTAURANT LIMITED

🌱Startupactive
16345449 · ltd · incorporated 2025-03-26
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
9 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
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2026-03-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  2. 2025-10-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-10-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-09-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-09-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2025-09-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-09-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-09-01
    AYGUL, Sepnem appointed
    director
  9. 2025-09-01
    ARGUC, Ekrem resigned
    director
  10. 2025-03-26
    🏢
    Company incorporated
    As 104 RESTAURANT LIMITED
  11. 2025-03-26
    ARGUC, Ekrem appointed
    director
  12. 2025-03-26
    📄
    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 1.2 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

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Miss Sepnem Aygul
Individual · British · DOB 02/1977 · age 49
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/09/2025
1 historic (ceased) PSC
  • Mr Ekrem Argucceased 01/09/2025· 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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2025-03-26
Jurisdictionengland-wales
Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

104 Tanners Lane
Ilford
IG6 1QE
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to:
Confirmation statement
Next due: 2026-09-16
Last: 2025-09-02

Officers (1 active · 1 resigned)

AYGUL, Sepnem
director · ~49y · appointed 2025-09-01
View their other companies + combined net worth →
Active
ARGUC, Ekrem
director · ~53y · appointed 2025-03-26 · resigned 2025-09-01
Resigned

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

Recent filings (9 total)

change-account-reference-date-company-previous-shortened
accounts · AA01
2026-03-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-04
change-person-director-company-with-change-date
officers · CH01
2025-10-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-02
termination-director-company-with-name-termination-date
officers · TM01
2025-09-02
appoint-person-director-company-with-name-date
officers · AP01
2025-09-02
incorporation-company
incorporation · NEWINC
2025-03-26