PAULNICOS LTD

🏛️Establishedactive
SC586851 · ltd · incorporated 2018-01-26
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.
🔒Estimated value
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Turnover
year to Jan 2025
Net worth
£419
book net assets
Opportunity
68/100
Strong
🔔
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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 68/100 (strong), bankability 65/100. 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 (73/100).

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
Confirmed no charges registered
85
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
3 connected companies via shared directors
54
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £419
Net assets shrinking
Down £464 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£419
↓ 53% YoY
Current Assets
£1k
↓ 21% YoY
Current Liabilities
£0£318£637£955£1k£2kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£79.3k£51.6k
Current assets£1.3k£1.6k
Net assets£419£883

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

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-05-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-07-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-10-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-03-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-09-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-08-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-06-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-05-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2021-05-11
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2020-04-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-01-26
    🏢
    Company incorporated
    As PAULNICOS LTD
  13. 2018-01-26
    SANTI, Nico appointed
    director
  14. 2018-01-26
    SANTI, Paul appointed
    director
  15. 2018-01-26
    📄
    incorporation-company
    incorporation · NEWINC

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 age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • 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: 2026-02-08

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Paul Santi
Individual · British · DOB 12/1961 · age 65
2550%
25-50% shares26/01/2018
Mr Nico Santi
Individual · British · DOB 08/1990 · age 36
2550%
25-50% shares26/01/2018

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

8 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 →
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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
Incorporated2018-01-26
Jurisdictionscotland
Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

14 Barmore Crescent
Bishopton
PA7 5QU
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-02-08OVERDUE
Last: 2025-01-25

Officers (2 active · 0 resigned)

SANTI, Nico
director · ~36y · appointed 2018-01-26
View their other companies + combined net worth →
Active
SANTI, Paul
director · ~65y · appointed 2018-01-26
View their other companies + combined net worth →
Active

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

Recent filings (19 total)

gazette-notice-compulsory
gazette · GAZ1
2026-05-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-24
gazette-filings-brought-up-to-date
gazette · DISS40
2021-05-12
gazette-notice-compulsory
gazette · GAZ1
2021-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-20