OVENBIRD BREWING LTD
Opportunity 73/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 7.4y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
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 | 2024-05-31 | 2023-05-31 |
|---|---|---|
| Total assets | £17.5k | £8.2k |
| Current assets | £21.6k | £10.6k |
| Cash | £6.8k | £1.3k |
| Debtors | £14.3k | £7.1k |
| Net assets | £10.3k | £-2.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (19 events)Click to expand
- 2025-05-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-22🔓Charge satisfied #1
- 2023-02-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-06-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-03-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-07📄resolutionresolution · RESOLUTIONS
- 2019-12-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-12-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-12-05🔒Charge registered #1Lender: Dsl Business Finance LTD
- 2018-08-14📄resolutionresolution · RESOLUTIONS
- 2018-08-14📄resolutionresolution · RESOLUTIONS
- 2018-05-02🏢Company incorporatedAs OVENBIRD BREWING LTD
- 2018-05-02➕ANGELETTI, Davide appointeddirector
- 2018-05-02📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Davide Angeletti Individual · Italian · DOB 07/1970 · age 56 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 02/05/2018 |
1 historic (ceased) PSC
- Ovenbird Coffee Roasters Ltdceased 10/05/2020· 25-50% shares · 25-50% voting · significant influence · firm interest
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Dsl Business Finance Dsl Business Finance LTD | A registered charge | — | 05/12/2018 | 22/03/2023 |