EA RESTAURANTS LIMITED

🏛️Establishedactive
SC689928 · ltd · incorporated 2021-02-22
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
Upgrade to see
Turnover
year to Dec 2024
Net worth
£-767.6k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (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: Cash flow review and working-capital discipline. Cash down -50% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
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
Negative net assets
Liabilities exceed assets by £767,578
Cash draining
Cash down 50% YoY
Cash YoY
-50%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£465
↓ 50% YoY
Net Worth
-£768k
↓ 27% YoY
Current Assets
£465
↓ 98% YoY
Current Liabilities
-£768k-£608k-£449k-£289k-£130k£30kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£-767.6k£-600.1k
Current assets£465£29.5k
Cash£465£922
Debtors£28.6k
Net assets£-767.6k£-602.2k

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-03
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  4. 2023-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-05-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2023-05-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2022-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-10-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  9. 2021-10-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2021-05-11
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  11. 2021-03-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2021-03-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2021-02-22
    🏢
    Company incorporated
    As EA RESTAURANTS LIMITED
  14. 2021-02-22
    QURESHI, Usman, Dr appointed
    secretary
  15. 2021-02-22
    QURESHI, Shafea Mahmood appointed
    director
  16. 2021-02-22
    QURESHI, Usman, Dr appointed
    director
  17. 2021-02-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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

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

Group structure

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

🏛️
Qureshi Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
EA RESTAURANTS LIMITED
This company · SC689928

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
Qureshi Group Limited
Corporate entity
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest22/02/2021
2 historic (ceased) PSCs
  • Dr Usman Qureshiceased 13/04/2021· 25-50% shares · 25-50% voting · board control
  • Qureshi Group Limitedceased 22/02/2021· 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

6 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
Incorporated2021-02-22
Jurisdictionscotland
Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

31 Thorn Road
Bearsden
Glasgow
G61 4BS
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19

Officers (3 active · 0 resigned)

QURESHI, Usman, Dr
secretary · appointed 2021-02-22
View their other companies + combined net worth →
Active
QURESHI, Shafea Mahmood
director · ~44y · appointed 2021-02-22
View their other companies + combined net worth →
Active
QURESHI, Usman, Dr
director · ~46y · appointed 2021-02-22
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)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-13
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2023-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
gazette-filings-brought-up-to-date
gazette · DISS40
2023-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
gazette-notice-compulsory
gazette · GAZ1
2023-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-10-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-10-08
change-account-reference-date-company-current-shortened
accounts · AA01
2021-05-11