NEW CRAB LIMITED

🌿Early-stageactive
NI714043 · ltd · incorporated 2024-04-15
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
not disclosed
Net worth
book net assets
Opportunity
59/100
Worth a look
🔔
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 59/100 (worth a look), bankability 50/100. 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 (38/100).

Data confidence

Overall: medium (55/100)

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
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
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 gazette
  • 1 address
Last 180 days
2
filings
  • 1 gazette
  • 1 address
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-04-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2026-03-16
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  3. 2025-04-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-04-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-03-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2025-02-07
    📍
    default-companies-house-service-address-applied-psc
    address · RP10
  7. 2025-02-07
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  8. 2025-02-07
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  9. 2024-08-20
    RICHES, Logan John appointed
    director
  10. 2024-08-20
    XIE, Zhenxing resigned
    director
  11. 2024-08-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-08-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2024-08-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2024-08-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2024-05-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2024-04-15
    🏢
    Company incorporated
    As NEW CRAB LIMITED
  17. 2024-04-15
    XIE, Zhenxing appointed
    director
  18. 2024-04-15
    📄
    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 2.1 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

1 high · 1 low
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: 2026-04-15

Multiple registered office changes
low

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Logan John Riches
Individual · British · DOB 04/2006 · age 20
75100%
75–100%board control75-100% shares · 75-100% voting · board control20/08/2024
1 historic (ceased) PSC
  • Zhenxing Xieceased 20/08/2024· 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
Incorporated2024-04-15
Jurisdictionnorthern-ireland
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

NI714043 - COMPANIES HOUSE DEFAULT ADDRESS
Belfast
BT1 9DY

Filing status

Accounts
Next due: 2026-04-15OVERDUE
Last made up to:
Confirmation statement
Next due: 2026-09-03
Last: 2025-08-20

Officers (1 active · 1 resigned)

RICHES, Logan John
director · ~20y · appointed 2024-08-20
View their other companies + combined net worth →
Active
XIE, Zhenxing
director · ~33y · appointed 2024-04-15 · resigned 2024-08-20
Resigned

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

Recent filings (16 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-21
default-companies-house-registered-office-address-applied
address · RP05
2026-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-29
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-03
gazette-notice-compulsory
gazette · GAZ1
2025-03-25
default-companies-house-service-address-applied-psc
address · RP10
2025-02-07
default-companies-house-service-address-applied-officer
address · RP09
2025-02-07
default-companies-house-registered-office-address-applied
address · RP05
2025-02-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-20
appoint-person-director-company-with-name-date
officers · AP01
2024-08-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-20
termination-director-company-with-name-termination-date
officers · TM01
2024-08-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-02