FOOD VARIETY LTD

💤Zombieactive
SC720005 · ltd · incorporated 2022-01-17
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£67.3k
book net assets
Opportunity
62/100
Worth a look
🔔
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: Take-away food shops and mobile food stands
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 56210Event catering activities
Investor take
Special-situation opportunity
Distressed hospitality with salvageable qualities — special-situations priority.

Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. 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.

Company profile
address, 2 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £67,314

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£67k
↑ 155% YoY
Current Assets
£7k
↑ 90% YoY
Current Liabilities
£0£13k£27k£40k£54k£67kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£67.3k£26.4k
Current assets£7.2k£3.8k
Net assets£67.3k£26.4k

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. 2025-09-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-03-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-01-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2022-01-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-01-17
    🏢
    Company incorporated
    As FOOD VARIETY LTD
  8. 2022-01-17
    KHALIQ, Abdul appointed
    director
  9. 2022-01-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-26

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Abdul Khaliq
Individual · Pakistani · DOB 02/1970 · age 56
75100%
75–100%board control75-100% shares · 75-100% voting · board control17/01/2022

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

Similar companies

Active · Hospitality · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
SIX BY NICO (HOLDINGS) LIMITED
SC588879 · est 2018 · no financials extracted
8y
SIYHB LTD
SC872723 · est 2025 · no financials extracted
SMASHBROS LTD
SC801806 · est 2024 · no financials extracted
2y
SMRKK GROUP LTD
SC785783 · est 2023 · no financials extracted
2y
SMTK TRADING LIMITED
SC812628 · est 2024 · no financials extracted
1y
SMUNRO LTD
SC838412 · est 2025 · no financials extracted
1y
SN CAFE LTD
SC779931 · est 2023 · no financials extracted
2y
SNACK EXPRESS LTD
SC879306 · est 2026 · no financials extracted
SNAP4FOOD LTD
SC842968 · est 2025 · no financials extracted
1y
SNAPITGLASGOW LTD
SC850245 · est 2025 · no financials extracted
SNOWVIEW CONCEPTS LIMITED
SC786437 · est 2023 · no financials extracted
2y
SNOWVIEW TRADING LIMITED
SC786436 · est 2023 · no financials extracted
2y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2022-01-17
Jurisdictionscotland
Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

153 Queen Street
First Floor, Front
Glasgow
G1 3BJ
United Kingdom

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-02-26OVERDUE
Last: 2025-02-12

Officers (1 active · 0 resigned)

KHALIQ, Abdul
director · ~56y · appointed 2022-01-17
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-18
change-person-director-company-with-change-date
officers · CH01
2022-01-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-01-28
incorporation-company
incorporation · NEWINC
2022-01-17