NORTHERN LIGHTS CATERING LTD

🌿Early-stageactive
SC727427 · ltd · incorporated 2022-03-24
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 Mar 2025
Net worth
£42.3k
book net assets
Opportunity
76/100
Strong
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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
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 76/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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
4 officers (4 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
9 filings
60
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)
Positive net assets
Net assets £42,280
Net assets shrinking
Down £15,347 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£42k
↓ 27% YoY
Current Assets
£59k
↓ 23% YoY
Current Liabilities
£0£15k£31k£46k£62k£77kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£42.3k£57.6k
Current assets£59.2k£77.0k
Net assets£42.3k£57.6k

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2025-12-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-06-15
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  5. 2023-06-01
    SALVONA, Carole Eileen appointed
    secretary
  6. 2022-03-24
    🏢
    Company incorporated
    As NORTHERN LIGHTS CATERING LTD
  7. 2022-03-24
    SALVONA, David appointed
    director
  8. 2022-03-24
    SALVONA, Paige appointed
    director
  9. 2022-03-24
    SALVONA, William appointed
    director
  10. 2022-03-24
    📄
    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
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr William Salvona
Individual · British · DOB 05/1965 · age 61
5075%
50–75%board control50-75% shares · 50-75% voting · board control24/03/2022

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.

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Company details

Statusactive
Typeltd
Incorporated2022-03-24
Jurisdictionscotland
Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

40-42 Brantwood Avenue
Dundee
DD3 6EW
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23

Officers (4 active · 0 resigned)

SALVONA, Carole Eileen
secretary · appointed 2023-06-01
View their other companies + combined net worth →
Active
SALVONA, David
director · ~35y · appointed 2022-03-24
View their other companies + combined net worth →
Active
SALVONA, Paige
director · ~31y · appointed 2022-03-24
View their other companies + combined net worth →
Active
SALVONA, William
director · ~61y · appointed 2022-03-24
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-20
appoint-person-secretary-company-with-name-date
officers · AP03
2023-06-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-12
incorporation-company
incorporation · NEWINC
2022-03-24