SABARI CONVENIENCE STORE LIMITED
Opportunity 71/100 (strong), bankability 70/100. 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).
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 | 2024-07-31 | 2023-07-31 |
|---|---|---|
| Total assets | £34.5k | £29.8k |
| Current assets | £41.7k | £36.2k |
| Net assets | £34.5k | £29.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (14 events)Click to expand
- 2025-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-06-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-06-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-06-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-06-01➕KANAGASINGAM, Kamalaseelan appointeddirector
- 2022-06-01➖KAMALASEELAN, Kanagasingham resigneddirector
- 2022-05-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-11-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-07-07🏢Company incorporatedAs SABARI CONVENIENCE STORE LIMITED
- 2021-07-07➕KAMALASEELAN, Kanagasingham appointeddirector
- 2021-07-07📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
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 Kamalaseelan Kanagasingam Individual · British · DOB 02/1978 · age 48 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/06/2022 |
1 historic (ceased) PSC
- Mr Kanagasingham Kamalaseelanceased 01/06/2022· 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.
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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 →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 · 1 resigned)
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