CHOCSTARS LIMITED
🌳Matureactive
SC414421 · ltd · incorporated 2012-01-12
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 11.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 10821
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with exceptional profile and bankable structure.
Opportunity 80/100 (exceptional), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 11.6y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 11.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 | 2024-01-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (22 events)Click to expand
- 2025-05-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-07-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-06-06➖MBM SECRETARIAL SERVICES LIMITED resignedcorporate-secretary
- 2024-06-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-12-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-09-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-08-05📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2021-06-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-12-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-10-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-12-20📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2018-12-01➕MBM SECRETARIAL SERVICES LIMITED appointedcorporate-secretary
- 2018-10-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-10-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-01-20🔓Charge satisfied #1
- 2014-09-08🔒Charge registered #1Lender: Hsbc Bank PLC
- 2012-01-12🏢Company incorporatedAs CHOCSTARS LIMITED
- 2012-01-12➕HOVMAND, Birgitte appointeddirector
- 2012-01-12➕O'CONNOR, Richard Neil Nugent appointeddirector
Owner dependency
66/100
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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 years.
- 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 Richard Neil Nugent O'Connor Individual · British · DOB 06/1968 · age 58 | 50–75% | — | 50-75% shares | 09/10/2016 |
Birgitte Hovmand Individual · Danish · DOB 03/1971 · age 55 | 25–50% | — | 25-50% shares | 09/10/2016 |
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 →Similar companies
Active · Food & drink · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BLAIRGOWRIE FRUIT PACKERS LIMITED→ SC225871 · est 2001 | — | — | — | 800 | 24y | 83 | 81y |
| GRANDTULLY BRIDGE GALLERIES LIMITED→ SC277888 · est 2004 | — | — | £334.8k | — | 21y | 82 | 87y |
| LETTERFINLAY FOODS LTD.→ SC192224 · est 1998 | — | — | £113.8k | — | 27y | 82 | 77y |
| MACDONALD BROS. LTD.→ SC256349 · est 2003 | — | — | — | 1500 | 22y | 82 | 66y |
| COCOA MOUNTAIN LTD.→ SC289563 · est 2005 | — | — | — | 1500 | 20y | 81 | 59y |
| HIGHLAND SPECIALITY SEAFOODS LIMITED→ SC324051 · est 2007 | — | — | — | 0 | 18y | 81 | 61y |
| ADELPHI DISTILLERY LIMITED→ SC141800 · est 1992 | — | — | £9.58M | — | 33y | 80 | 72y |
| ARDSHEALACH FINE FOODS LTD→ SC355867 · est 2009 | — | — | — | 200 | 17y | 80 | 63y |
| CAIRN O'MOHR LTD.→ SC238693 · est 2002 | — | — | £238.3k | — | 23y | 80 | 69y |
| HEATHER HILLS FARM LIMITED→ SC324377 · est 2007 | — | — | £523.5k | — | 18y | 80 | 67y |
| HOLME FARM FRUITS LIMITED→ SC472155 · est 2014 | — | — | £79.7k | — | 12y | 80 | 77y |
| KINRARA DISTILLERY LIMITED→ SC556955 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2012-01-12
Jurisdictionscotland
Primary SIC10821 — SIC 10821
Registered office
2 Ruthvenfield Road
Inveralmond Industrial Estate
Perth
PH1 3WB
United Kingdom
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-10-14
Last: 2025-09-30
Officers (2 active · 1 resigned)
HOVMAND, Birgitte→
Activedirector · ~55y · appointed 2012-01-12
View their other companies + combined net worth →
O'CONNOR, Richard Neil Nugent→
Activedirector · ~58y · appointed 2012-01-12
View their other companies + combined net worth →
MBM SECRETARIAL SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2018-12-01 · resigned 2024-06-06
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 08/09/2014 | 20/01/2016 |
Recent filings (37 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-03
accounts-with-accounts-type-dormant
accounts · AA
2025-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-04
accounts-with-accounts-type-dormant
accounts · AA
2024-07-23
termination-secretary-company-with-name-termination-date
officers · TM02
2024-06-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-03
accounts-with-accounts-type-dormant
accounts · AA
2023-08-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-15
accounts-with-accounts-type-dormant
accounts · AA
2022-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-06
change-corporate-secretary-company-with-change-date
officers · CH04
2021-08-05
accounts-with-accounts-type-dormant
accounts · AA
2021-06-01