ISTRADA LIMITED
🌳Matureactive
SC293298 · ltd · incorporated 2005-11-17
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 12.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£248.9k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other food services
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
2 live charges · oldest 12.0y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 12.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £248,864
Key financials
2 years extracted from filed iXBRL accountsCash
£96k
Net Worth
£249k
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Cash | £95.7k | — |
| Net assets | £248.9k | — |
| Average employees | — | 1800 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-09-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-20📄capital-name-of-class-of-sharescapital · SH08
- 2022-10-19📄resolutionresolution · RESOLUTIONS
- 2022-10-19📄memorandum-articlesincorporation · MA
- 2022-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-08-18📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-09-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-05-01🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2014-04-24🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2010-04-06➖STILL, Andrew James resigneddirector
- 2009-10-01➕THORES, Derek appointeddirector
- 2005-11-17🏢Company incorporatedAs ISTRADA LIMITED
- 2005-11-17➕STILL, Ian Stewart appointedsecretary
- 2005-11-17➕STILL, Ian Stewart appointeddirector
- 2005-11-17➕STILL, Andrew James appointeddirector
Owner dependency
68/100
High — earn-out structure requiredMaterial 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.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ian Stewart Still Individual · British · DOB 08/1980 · age 46 | 25–50% | — | 25-50% shares | 17/11/2016 |
Mr Derek Thores Individual · British · DOB 09/1970 · age 56 | 25–50% | — | 25-50% shares | 17/11/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| JUMUNA AB LTD→ SC861632 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| KAMLEE TRADING LIMITED→ SC878167 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| KILTED CHEF LTD→ SC259797 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| KOBANI CHICKEN AND DONNER KEBAB LTD→ SC755577 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| LANA KEBAB HOUSE LTD→ SC884636 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| LAO YOU JI LTD→ SC877444 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| LAVSA LTD→ SC266764 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| LEEANNE STEWART LTD→ SC858298 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| LEITH PORTFOLIO LIMITED→ SC370044 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| LESLIE CASTLE LTD→ SC584440 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| LEYS HOTEL LIMITED→ SC861461 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| LGA WONDERFUL LTD→ SC796935 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2005-11-17
Jurisdictionscotland
Primary SIC56290 — Other food services
Registered office
7 Queens Terrace
Aberdeen
Aberdeenshire
AB10 1XL
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17
Officers (3 active · 1 resigned)
STILL, Ian Stewart→
Activesecretary · appointed 2005-11-17
View their other companies + combined net worth →
STILL, Ian Stewart→
Activedirector · ~46y · appointed 2005-11-17
View their other companies + combined net worth →
THORES, Derek→
Activedirector · ~56y · appointed 2009-10-01
View their other companies + combined net worth →
STILL, Andrew James→
Resigneddirector · ~76y · appointed 2005-11-17 · resigned 2010-04-06
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 01/05/2014 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 24/04/2014 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (58 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-28
capital-name-of-class-of-shares
capital · SH08
2022-10-20
resolution
resolution · RESOLUTIONS
2022-10-19
memorandum-articles
incorporation · MA
2022-10-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-24