SPICE SUPERMARKET LIMITED
🌿Early-stageactive
SC717989 · ltd · incorporated 2021-12-20
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 Dec 2024
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Agents involved in the sale of a variety of goods
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (81/100)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
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 200 | — |
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
2
filings
- • 1 confirmation-statement
- • 1 officers
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-03-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-19➕MADDALA, Anil Kumar appointeddirector
- 2025-07-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-17➕DURAISAMY, Baby appointeddirector
- 2024-10-17➖PANNEERSELVAM, Archana resigneddirector
- 2024-10-17➖SRINIVASAN, Srivaishnavi resigneddirector
- 2024-10-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-10-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-08-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-03-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-21➕SRINIVASAN, Srivaishnavi appointeddirector
- 2023-03-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-20🏢Company incorporatedAs SPICE SUPERMARKET LIMITED
- 2021-12-20➕PANNEERSELVAM, Archana appointeddirector
- 2021-12-20📄incorporation-companyincorporation · NEWINC
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Baby Duraisamy Individual · British · DOB 07/1984 · age 42 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 17/10/2024 |
2 historic (ceased) PSCs
- Mr Srivaishnavi Srinivasanceased 17/10/2024· 50-75% shares · 50-75% voting · board control
- Mrs Archana Panneerselvamceased 05/08/2023· 50-75% shares · 50-75% 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 →Similar companies
Active · Wholesale & distribution · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| THE AGED WOOD COMPANY LTD→ SC834831 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| THE ARABICA BEAN COFFEE COMPANY LTD→ SC844495 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| TIKHANO LTD→ SC868699 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TRANENT CONVENIENCE STORE LTD→ SC839398 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| UP TREND STORE LTD→ SC841842 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| VAPOURS LIMITED→ SC753053 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| VERUM VENTURES LTD→ SC877781 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| VRISAN LTD→ SC652555 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| WDCS WHOLESALE LIMITED→ SC754877 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| WEMYSS FAMILY SPIRITS LIMITED→ SC277994 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| WHIGHAM FERGUSSON LIMITED→ SC071221 · est 1980 · no financials extracted | — | — | — | — | 46y | — | — |
| WHISKY INVENTORY LIMITED→ SC666439 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2021-12-20
Jurisdictionscotland
Primary SIC46190 — Agents involved in the sale of a variety of goods
Registered office
25 Forthview Road
Currie
EH14 5QE
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-18
Last: 2026-03-04
Officers (2 active · 2 resigned)
DURAISAMY, Baby→
Activedirector · ~42y · appointed 2024-10-17
View their other companies + combined net worth →
MADDALA, Anil Kumar→
Activedirector · ~29y · appointed 2026-02-19
View their other companies + combined net worth →
PANNEERSELVAM, Archana→
Resigneddirector · ~43y · appointed 2021-12-20 · resigned 2024-10-17
SRINIVASAN, Srivaishnavi→
Resigneddirector · ~42y · appointed 2023-03-21 · resigned 2024-10-17
Click a director name to see their full track record across all companies.
Recent filings (20 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-04
appoint-person-director-company-with-name-date
officers · AP01
2026-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-17
termination-director-company-with-name-termination-date
officers · TM01
2024-10-17
termination-director-company-with-name-termination-date
officers · TM01
2024-10-17
appoint-person-director-company-with-name-date
officers · AP01
2024-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-08-05