KIRKCALDY HOUSE SPICE LTD

🌿Early-stageactive
SC705827 · ltd · incorporated 2021-08-04
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
£43.7k
book net assets
Opportunity
75/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pursue
Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 66). 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
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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 £43,664

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£44k
↑ 251% YoY
Current Assets
£100k
↑ 58% YoY
Current Liabilities
£0£20k£40k£60k£80k£100kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£43.7k£12.4k
Current assets£99.8k£63.2k
Net assets£43.7k£12.4k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2025-05-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-06-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-05-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2023-05-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-05-10
    SARAI, Surinder Kaur appointed
    director
  7. 2021-08-04
    🏢
    Company incorporated
    As KIRKCALDY HOUSE SPICE LTD
  8. 2021-08-04
    SARAI, Jagtar Singh appointed
    director
  9. 2021-08-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jagtar Singh Sarai
Individual · British · DOB 10/1960 · age 66
75100%
75–100%75-100% shares · 75-100% voting04/08/2021
Mrs Surinder Kaur Sarai
Individual · British · DOB 03/1966 · age 60
sig. influencesignificant influence10/05/2023

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

Similar companies

Active · Hospitality · KY postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CITY HOTELS (DUNFERMLINE) LIMITED
SC267931 · est 2004
£3.64M
£2.73M£4.55M
10422y8175y
ABBEYFORD CARAVAN COMPANY (SCOTLAND) LIMITED
SC089169 · est 1984 · no financials extracted
41y8371y
DRUMOIG GOLF LIMITED
SC356193 · est 2009
30017y8362y
P.E.M. (KIRKCALDY) LIMITED
SC171947 · est 1997
170029y8362y
THE EAST COAST PUB COMPANY LIMITED
SC273238 · est 2004
120021y8358y
A & D BAR SERVICES LTD
SC372775 · est 2010
230016y8259y
ADMINISTRATION OFFICE FOR EXAMINATIONS (UK) LIMITED
SC191297 · est 1998 · no financials extracted
27y8277y
D.M.H. LETTINGS LTD
SC163754 · est 1996
£308.8k30y8260y
FLYING KEG LIMITED
SC400391 · est 2011
£1.5k15y8267y
GARVOCK LIMITED
SC143272 · est 1993
560033y8262y
KINGDOM HOTELS LIMITED
SC336910 · est 2008 · no financials extracted
18y8281y
MOLINARO LIMITED
SC380830 · est 2010
£2.10M15y8262y
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
Incorporated2021-08-04
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants

Registered office

274 High Street
Kirkcaldy
KY1 1LB
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-05-28
Last: 2025-05-14

Officers (2 active · 0 resigned)

SARAI, Jagtar Singh
director · ~66y · appointed 2021-08-04
View their other companies + combined net worth →
Active
SARAI, Surinder Kaur
director · ~60y · appointed 2023-05-10
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)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-05-19
appoint-person-director-company-with-name-date
officers · AP01
2023-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-18
incorporation-company
incorporation · NEWINC
2021-08-04