DELIGHT FOODS SCOTLAND LTD

🌿Early-stageactive
SC752148 · ltd · incorporated 2022-12-02
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
£64.0k
book net assets
Opportunity
67/100
Strong
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What this business does
Primary activity: Non-specialised wholesale of food, beverages and tobacco
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47290Other retail sale of food in specialised stores
Investor take
Special-situation opportunity
Distressed wholesale with salvageable qualities — special-situations priority.

Opportunity 67/100 (strong), 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 (73/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
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
3 connected companies via shared directors
54
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £64,044

Key financials

2 years extracted from filed iXBRL accounts
Cash
£39k
Net Worth
£64k
↑ 18% YoY
Current Assets
£432k
↑ 98% YoY
Current Liabilities
£0£86k£173k£259k£346k£432kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£64.0k£52.3k
Current assets£432.3k£217.9k
Cash£38.6k
Debtors£200.3k
Net assets£64.0k£54.5k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
2
filings
  • 1 gazette
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-12-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-12-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-05-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-05-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-06-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-12-02
    🏢
    Company incorporated
    As DELIGHT FOODS SCOTLAND LTD
  8. 2022-12-02
    ABRAHAM, Sebastian Thannipara appointed
    director
  9. 2022-12-02
    PARAYIL, Philip Mathew appointed
    director
  10. 2022-12-02
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
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.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

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 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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: 2026-01-30

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Philip Mathew Parayil
Individual · American · DOB 10/1964 · age 62
5075%
50–75%50-75% shares · 50-75% voting02/12/2022
Sebastian Thannipara Abraham
Individual · British · DOB 03/1961 · age 65
5075%
50–75%50-75% shares · 50-75% voting02/12/2022

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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2022-12-02
Jurisdictionscotland
Primary SIC46390 — Non-specialised wholesale of food, beverages and tobacco

Registered office

The Stables Unit 1
21 -25 Carlton Court
Glasgow
G5 9JP
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-01-30OVERDUE
Last: 2025-01-16

Officers (2 active · 0 resigned)

ABRAHAM, Sebastian Thannipara
director · ~65y · appointed 2022-12-02
View their other companies + combined net worth →
Active
PARAYIL, Philip Mathew
director · ~62y · appointed 2022-12-02
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)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-09
incorporation-company
incorporation · NEWINC
2022-12-02