ONESTI'S @ THE REX LIMITED

🏛️Establishedactive
SC560755 · ltd · incorporated 2017-03-17
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 8.8y old — refinance window within 12 months
🔒Estimated value
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Turnover
year to Mar 2025
Net worth
£193.0k
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Take-away food shops and mobile food stands
Sector: Accommodation & food service
Investor take
Special-situation opportunity
Distressed hospitality with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 8.8y

85/100
ready

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

  • · Oldest live charge is 8.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £192,954
Net assets shrinking
Down £5,843 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£193k
↓ 2.9% YoY
Current Assets
£32k
↓ 38% YoY
Current Liabilities
£0£40k£80k£119k£159k£199kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£385.3k£446.9k
Current assets£32.0k£51.2k
Net assets£193.0k£198.8k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-10-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-07-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-07-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-07-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2022-07-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-07-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2021-08-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2021-08-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2021-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-10-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2018-08-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2017-07-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2017-07-20
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  18. 2017-07-12
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  19. 2017-03-17
    🏢
    Company incorporated
    As ONESTI'S @ THE REX LIMITED
  20. 2017-03-17
    ONESTI, Claire appointed
    director
  21. 2017-03-17
    ONESTI, Stephen Mario appointed
    director

Owner dependency

86/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "ONESTI" — strong identity link between founder and business.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-20

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Stephen Onesti
Individual · British · DOB 09/1979 · age 47
2550%
25-50% shares06/04/2021
Mrs Claire Onesti
Individual · British · DOB 12/1980 · age 46
2550%
25-50% shares17/03/2017

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.

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Company details

Statusactive
Typeltd
Incorporated2017-03-17
Jurisdictionscotland
Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

71 Windmillhill Street
Motherwell
ML1 1RY
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-20OVERDUE
Last: 2025-04-06

Officers (2 active · 0 resigned)

ONESTI, Claire
director · ~46y · appointed 2017-03-17
View their other companies + combined net worth →
Active
ONESTI, Stephen Mario
director · ~47y · appointed 2017-03-17
View their other companies + combined net worth →
Active

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
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge1 property20/07/2017
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge12/07/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (27 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-21
change-person-director-company-with-change-date
officers · CH01
2022-07-21
change-person-director-company-with-change-date
officers · CH01
2022-07-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-13
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-08-12