SPUDSTOGO LIMITED

💤Zombieactive
SC652012 · ltd · incorporated 2020-01-20
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2025
Net worth
£15.5k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Other retail sale of food in specialised stores
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47810Retail sale via stalls and markets of food, beverages and tobacco products
  • 56102Unlicenced restaurants and cafes
  • 77400Leasing of intellectual property and similar products, except copyright works
Investor take
Pursue
Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 65). 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 (73/100).

Data confidence

Overall: high (82/100)

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

Company profile
address, 4 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red 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 £15,491

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£15k
↑ 45% YoY
Current Assets
£54
↓ 99% YoY
Current Liabilities
£0£3k£6k£9k£12k£15kDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-31
Total assets£15.5k£10.7k
Current assets£54£4.4k
Net assets£15.5k£10.7k

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
3
filings
  • 1 resolution
  • 1 incorporation
  • 1 accounts
Last 180 days
4
filings
  • 1 resolution
  • 1 incorporation
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-04-09
    📄
    resolution
    resolution · RESOLUTIONS
  2. 2026-04-08
    📄
    memorandum-articles
    incorporation · MA
  3. 2026-03-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-09-04
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2024-02-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  7. 2023-09-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2023-02-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-01-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-01-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2021-12-22
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  12. 2021-10-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2021-05-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2021-05-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2021-01-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2020-01-20
    🏢
    Company incorporated
    As SPUDSTOGO LIMITED
  17. 2020-01-20
    WHITE, Bill appointed
    director
  18. 2020-01-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

65/100
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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Mayside Partners Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Mayside Partners Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
SPUDSTOGO LIMITED
This company · SC652012

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mayside Partners Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control24/05/2021
1 historic (ceased) PSC
  • Bill Whiteceased 24/05/2021· 75-100% shares · 75-100% voting · board control

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 →
🔒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
Incorporated2020-01-20
Jurisdictionscotland
Primary SIC47290 — Other retail sale of food in specialised stores

Registered office

5 South Charlotte Street
Edinburgh
Midlothian
EH2 4AN
Scotland

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-01-06
Last: 2025-12-23

Officers (1 active · 0 resigned)

WHITE, Bill
director · ~65y · appointed 2020-01-20
View their other companies + combined net worth →
Active

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

Recent filings (23 total)

resolution
resolution · RESOLUTIONS
2026-04-09
memorandum-articles
incorporation · MA
2026-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-02-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-18
accounts-with-accounts-type-dormant
accounts · AA
2023-09-12
change-person-director-company-with-change-date
officers · CH01
2023-02-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-15
accounts-with-accounts-type-dormant
accounts · AA
2022-01-02