PICCIOLI LTD
💤Zombieactive
SC769058 · ltd · incorporated 2023-05-11
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 May 2025
Net worth
—
book net assets
Opportunity
62/100
Worth a look
What this business does
Primary activity: Take-away food shops and mobile food stands
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (79/100)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
8 officers (1 active, 8 linked, 7 with DOB)
88
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
25 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.
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 | 2025-05-31 | 2024-05-31 |
|---|
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 (38 events)Click to expand
- 2025-06-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-05-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-02-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-11-28➕MCLEAN, Lewis appointeddirector
- 2024-11-28➖SKAPI, Ilirjan resigneddirector
- 2024-11-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-25➖LONG, Thomas resigneddirector
- 2024-11-25➖QUARTINI, Alessandro resigneddirector
- 2024-11-25➖SCIUTTERI, Danilo resigneddirector
- 2024-06-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-10➕LONG, Thomas appointeddirector
- 2024-06-10➕QUARTINI, Alessandro appointeddirector
- 2024-06-10➕SKAPI, Ilirjan appointeddirector
- 2024-06-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-07📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-06-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-06➖CARNEVALE, Cristina resigneddirector
- 2024-06-01➖ZAID, Omar Mohamed resignedsecretary
- 2024-05-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-05-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-20📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-12-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-01➕ZAID, Omar Mohamed appointedsecretary
- 2023-12-01➕CARNEVALE, Cristina appointeddirector
- 2023-12-01➖MOHAMED MOHAMED ZAID, Omar resigneddirector
- 2023-05-11🏢Company incorporatedAs PICCIOLI LTD
- 2023-05-11➕MOHAMED MOHAMED ZAID, Omar appointeddirector
- 2023-05-11➕SCIUTTERI, Danilo appointeddirector
- 2023-05-11📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-03-28
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Lewis Mclean Individual · British · DOB 06/2000 · age 26 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 14/03/2025 |
2 historic (ceased) PSCs
- Mr Danilo Sciuttericeased 25/11/2024· 25-50% shares · 25-50% voting · board control
- Mr Omar Mohamed Mohamed Zaidceased 01/06/2024· 25-50% shares · 25-50% 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 · Hospitality · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| THE BONHAM HOTEL EDINBURGH LIMITED→ SC118669 · est 1989 | £13.13M £9.85M–£16.41M | — | — | 65 | 36y | 83 | 69y |
| OMNI TAVERNS LTD.→ SC307655 · est 2006 | £2.89M £2.17M–£3.61M | — | — | 85 | 19y | 87 | 60y |
| ADJUSTLIGHT LIMITED→ SC139599 · est 1992 · no financials extracted | — | — | — | — | 33y | 83 | 58y |
| ARCHERFIELD HOUSE HOTEL MANAGEMENT LIMITED→ SC272735 · est 2004 · no financials extracted | — | — | — | — | 21y | 83 | 79y |
| COURT HOTEL SUITES LIMITED→ SC373209 · est 2010 | — | — | £553.1k | — | 16y | 83 | 64y |
| DESTINATION EDINBURGH LIMITED→ SC357298 · est 2009 | — | — | £254.5k | — | 17y | 83 | 58y |
| ELITE HOTELS LIMITED→ SC103199 · est 1987 | — | — | — | 0 | 39y | 83 | 76y |
| J J BEAM LIMITED→ SC132477 · est 1991 | — | — | — | 18 | 34y | 83 | 74y |
| MORAG'S LODGES LIMITED→ SC192271 · est 1998 · no financials extracted | — | — | — | — | 27y | 83 | 61y |
| SALTIRE HOSPITALITY LIMITED→ SC208776 · est 2000 | — | — | — | 83 | 25y | 83 | 63y |
| SCOTS GUARDS ASSOCIATION CLUB, LIMITED→ SC013223 · est 1924 | — | — | — | 6 | 101y | 83 | 80y |
| STAY CITY APARTMENTS LTD.→ SC338588 · est 2008 · no financials extracted | — | — | — | — | 18y | 83 | 59y |
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
Incorporated2023-05-11
Jurisdictionscotland
Primary SIC56103 — Take-away food shops and mobile food stands
Registered office
271 High Street
Salt & Pepper Street Food
Linlithgow
EH49 7EP
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-03-28OVERDUE
Last: 2025-03-14
Officers (1 active · 7 resigned)
MCLEAN, Lewis→
Activedirector · ~26y · appointed 2024-11-28
View their other companies + combined net worth →
ZAID, Omar Mohamed→
Resignedsecretary · appointed 2023-12-01 · resigned 2024-06-01
CARNEVALE, Cristina→
Resigneddirector · ~36y · appointed 2023-12-01 · resigned 2024-06-06
LONG, Thomas→
Resigneddirector · ~65y · appointed 2024-06-10 · resigned 2024-11-25
MOHAMED MOHAMED ZAID, Omar→
Resigneddirector · ~45y · appointed 2023-05-11 · resigned 2023-12-01
QUARTINI, Alessandro→
Resigneddirector · ~33y · appointed 2024-06-10 · resigned 2024-11-25
SCIUTTERI, Danilo→
Resigneddirector · ~40y · appointed 2023-05-11 · resigned 2024-11-25
SKAPI, Ilirjan→
Resigneddirector · ~39y · appointed 2024-06-10 · resigned 2024-11-28
Click a director name to see their full track record across all companies.
Recent filings (25 total)
accounts-with-accounts-type-dormant
accounts · AA
2025-06-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-14
accounts-with-accounts-type-dormant
accounts · AA
2025-02-28
termination-director-company-with-name-termination-date
officers · TM01
2024-11-28
appoint-person-director-company-with-name-date
officers · AP01
2024-11-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-28
termination-director-company-with-name-termination-date
officers · TM01
2024-11-28
termination-director-company-with-name-termination-date
officers · TM01
2024-11-28
termination-director-company-with-name-termination-date
officers · TM01
2024-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-18
appoint-person-director-company-with-name-date
officers · AP01
2024-06-11
appoint-person-director-company-with-name-date
officers · AP01
2024-06-11
appoint-person-director-company-with-name-date
officers · AP01
2024-06-11