JHEE PASA LIMITED

🌿Early-stageactive
SC704099 · ltd · incorporated 2021-07-14
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
£-136.9k
book net assets
Opportunity
76/100
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 76/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 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
60
Adequate — check latest filings for context.
Acquirability
75
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 · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £136,896

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£137k
↓ 130% YoY
Current Assets
£14k
↑ 20% YoY
Current Liabilities
-£137k-£107k-£77k-£47k-£16k£14kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-07-312023-07-31
Total assets£-100.9k£-32.0k
Current assets£13.6k£11.3k
Net assets£-136.9k£-59.5k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2025-07-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-07-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2024-07-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2023-07-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-07-14
    🏢
    Company incorporated
    As JHEE PASA LIMITED
  7. 2021-07-14
    KHADKA, Deepak appointed
    director
  8. 2021-07-14
    SHRESTHA, Saroj Kumar appointed
    director
  9. 2021-07-14
    📄
    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.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Deepak Khadka
Individual · British · DOB 10/1973 · age 53
2550%
25–50%25-50% shares · 25-50% voting14/07/2021
Mr Saroj Kumar Shrestha
Individual · Nepalese · DOB 04/1966 · age 60
2550%
25–50%25-50% shares · 25-50% voting14/07/2021

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

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 →
🔒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
Incorporated2021-07-14
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants

Registered office

53 The Quilts
Edinburgh
Midlothian
EH6 5RY
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-07-27
Last: 2025-07-13

Officers (2 active · 0 resigned)

KHADKA, Deepak
director · ~53y · appointed 2021-07-14
View their other companies + combined net worth →
Active
SHRESTHA, Saroj Kumar
director · ~60y · appointed 2021-07-14
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-26
gazette-filings-brought-up-to-date
gazette · DISS40
2024-07-17
gazette-notice-compulsory
gazette · GAZ1
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-10
incorporation-company
incorporation · NEWINC
2021-07-14