FANCY FOODS EDINBURGH LTD

💤Zombieactive
SC659486 · ltd · incorporated 2020-04-17
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 Apr 2025
Net worth
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
-£12k-£9k-£6k-£3k-£582£2kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Total assets£-11.6k
Current assets£2.2k
Cash£728
Debtors£244
Net assets£-11.6k
Average employees300

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

🔒Filing-note intelligence

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

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 (15 events)Click to expand
  1. 2026-01-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-02-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-09-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-04-19
    📄
    legacy
    capital · SH20
  8. 2022-04-19
    ⚠️
    legacy
    insolvency · CAP-SS
  9. 2022-04-19
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2022-01-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-05-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2020-05-15
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  13. 2020-04-17
    🏢
    Company incorporated
    As FANCY FOODS EDINBURGH LTD
  14. 2020-04-17
    CHIU, Miu Fan appointed
    director
  15. 2020-04-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

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

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2022-04-19: legacy

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Miu Fan Chiu
Individual · Chinese · DOB 09/1972 · age 54
75100%
75–100%board control75-100% shares · 75-100% voting · board control17/04/2020

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2020-04-17
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants

Registered office

4 Niddrie Mains Road
Edinburgh
EH16 4BG
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-04-30
Last: 2025-04-16

Officers (1 active · 0 resigned)

CHIU, Miu Fan
director · ~54y · appointed 2020-04-17
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-20
change-person-director-company-with-change-date
officers · CH01
2025-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-20
legacy
capital · SH20
2022-04-19
legacy
insolvency · CAP-SS
2022-04-19
resolution
resolution · RESOLUTIONS
2022-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-10
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-16