SPROAT RESTAURANTS LTD

🌿Early-stageactive
SC774874 · ltd · incorporated 2023-07-05
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 Jul 2025
Net worth
£57.8k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. 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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
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
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £57,801

Key financials

2 years extracted from filed iXBRL accounts
Cash
£98k
Net Worth
£58k
Current Assets
£118k
Current Liabilities
£0£24k£47k£71k£95k£118kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Total assets£58.3k
Current assets£118.3k
Cash£98.0k
Debtors£11.9k
Net assets£57.8k
Average employees600

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

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-04-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-07-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-07-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-07-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-04-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2025-01-13
    📄
    capital-return-purchase-own-shares
    capital · SH03
  8. 2024-11-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2024-11-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2024-10-30
    SPROAT, Stuart Robert Dunbar resigned
    director
  11. 2024-09-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2024-02-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2024-02-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2024-01-17
    DANELIUS, Zygimantas appointed
    director
  15. 2024-01-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2023-07-05
    🏢
    Company incorporated
    As SPROAT RESTAURANTS LTD
  17. 2023-07-05
    SPROAT, Stuart Robert Dunbar appointed
    director
  18. 2023-07-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Young company: Only 2.9 years old — management layer unlikely to be developed.

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 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Zygimantas Danelius
Individual · Lithuanian · DOB 05/1992 · age 34
75100%
75–100%board control75-100% shares · 75-100% voting · board control22/02/2024
1 historic (ceased) PSC
  • Mr Stuart Robert Dunbar Sproatceased 30/10/2024· 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2023-07-05
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants

Registered office

Unit 1/2 The Green
Bistro Verde
Aberdeen
Aberdeenshire
AB11 6NY
Scotland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-15
Last: 2025-07-01

Officers (1 active · 1 resigned)

DANELIUS, Zygimantas
director · ~34y · appointed 2024-01-17
View their other companies + combined net worth →
Active
SPROAT, Stuart Robert Dunbar
director · ~31y · appointed 2023-07-05 · resigned 2024-10-30
Resigned

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

Recent filings (16 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-08
change-person-director-company-with-change-date
officers · CH01
2025-07-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-15
capital-return-purchase-own-shares
capital · SH03
2025-01-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-01
termination-director-company-with-name-termination-date
officers · TM01
2024-11-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-02-23
appoint-person-director-company-with-name-date
officers · AP01
2024-01-17