SCOTITAL FOOD COMPANY LTD
No material changes in the last 30 days.
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No snapshot from 180 days ago — start tracking from today.
Opportunity 64/100 (worth a look), bankability 50/100. Same-surname younger director in place — likely family handover, not open to sale. Biggest value-creation lever: Resolve: 2 insolvency-related filings on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £321.3k | £179.5k |
| Current assets | £150.4k | £214.9k |
| Net assets | £188.8k | £165.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (18 events)Click to expand
- 2025-05-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-31➕SALERNO, Patrizio Domenico appointeddirector
- 2025-03-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-01-08📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-29⚠️liquidation-voluntary-arrangement-notice-completion-scotlandinsolvency · 1.4(Scot)
- 2018-07-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-09⚠️liquidation-voluntary-supervisors-abstracts-of-receipts-payments-scotland-with-brought-down-dateinsolvency · 1.3(Scot)
- 2017-08-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-08-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2013-11-07🏢Company incorporatedAs SCOTITAL FOOD COMPANY LTD
- 2013-11-07➕SALERNO, Nicolino appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 68 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- primaryFamily succession underway: Not a takeover target — SALERNO, Patrizio Domenico (same surname) appointed 2025-03-31. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high · 1 med ·Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2019-03-29: liquidation-voluntary-arrangement-notice-completion-scotland; 2018-05-09: liquidation-voluntary-supervisors-abstracts-of-receipts-payments-scotland-with-brought-down-date
Companies House flags prior insolvency events. Review the insolvency filings for context.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nicolino Salerno Individual · Italian · DOB 03/1958 · age 68 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 07/11/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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9 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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
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