SPICE OF LIFE (CORP) LTD

🏛️Establishedactive
SC535262 · ltd · incorporated 2016-05-12
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 9.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£4.6k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 10120
Sector: Manufacturing
ALSO REGISTERED FOR
  • 46320Wholesale of meat and meat products
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (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: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 9.6y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 9.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 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
4 officers (4 active, 4 linked, 3 with DOB)
85
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £4,595
Cash YoY
-6%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£60k
↓ 5.7% YoY
Net Worth
£5k
↑ 126% YoY
Current Assets
£522k
↓ 12% YoY
Current Liabilities
—
-£18k£104k£227k£349k£471k£593kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-302024-03-30
Total assets£30.0k£13.4k
Current assets£521.6k£593.4k
Cash£60.0k£63.7k
Debtors£324.3k£320.2k
Net assets£4.6k£-17.9k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 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 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-03-31
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  7. 2021-05-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2021-05-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-06-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2018-05-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2018-05-23
    📄
    capital-allotment-shares
    capital · SH01
  15. 2018-04-18
    ➕
    SAMRA, Charandeep Singh appointed
    director
  16. 2018-03-31
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  17. 2018-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-03-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  19. 2016-09-22
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  20. 2016-05-12
    🏢
    Company incorporated
    As SPICE OF LIFE (CORP) LTD
  21. 2016-05-12
    ➕
    SAMRA, Charandeep Singh appointed
    secretary
  22. 2016-05-12
    ➕
    SAMRA, Balbir Kaur appointed
    director
  23. 2016-05-12
    ➕
    SAMRA, Paramjit Singh appointed
    director

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.

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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Charandeep Singh Samra
Individual · British · DOB 08/1979 · age 47
25–50%
25–50%25-50% shares · 25-50% voting18/04/2018
Mrs Balbir Kaur Samra
Individual · British · DOB 04/1953 · age 73
25–50%
25–50%25-50% shares · 25-50% voting12/05/2016
Mr Paramjit Singh Samra
Individual · British · DOB 03/1956 · age 70
25–50%
25–50%25-50% shares · 25-50% voting12/05/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2016-05-12
Jurisdictionscotland
Primary SIC10120 — SIC 10120

Registered office

Unit 5, Alpha Centre South Douglas Street
Clydebank
Glasgow
G81 1PD
Scotland

Filing status

Accounts
Next due: 2026-12-30
Last made up to: 2025-03-30
Confirmation statement
Next due: 2026-05-25
Last: 2025-05-11

Officers (4 active · 0 resigned)

SAMRA, Charandeep Singh→
secretary · appointed 2016-05-12
View their other companies + combined net worth →
Active
SAMRA, Balbir Kaur→
director · ~73y · appointed 2016-05-12
View their other companies + combined net worth →
Active
SAMRA, Charandeep Singh→
director · ~47y · appointed 2018-04-18
View their other companies + combined net worth →
Active
SAMRA, Paramjit Singh→
director · ~70y · appointed 2016-05-12
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge—22/09/2016—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (31 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-31
change-account-reference-date-company-current-shortened
accounts · AA01
2022-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-05-12
change-person-director-company-with-change-date
officers · CH01
2021-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-13