RACHICO LTD
🌿Early-stageactive
SC798875 · ltd · incorporated 2024-02-13
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 Feb 2026
Net worth
£-8
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: SIC 47820
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 47910Retail sale via mail order houses or via Internet
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 68/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
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
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £8
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£8
↑ 99% YoY
Current Assets
£13k
↑ 1748% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2026-02-28 | 2025-02-28 |
|---|---|---|
| Total assets | £-8 | £-1.3k |
| Current assets | £13.2k | £714 |
| Net assets | £-8 | £-1.3k |
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
0
filings
Last 90 days
4
filings
- • 2 officers
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
15
filings
- • 6 officers
- • 6 persons-with-significant-control
- • 2 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-03-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-03-02➕IKE, Chisom Henry appointeddirector
- 2026-03-02➖ARIKPO-ETTAH, Ann Chinyere resigneddirector
- 2026-03-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-02-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-04📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-29📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-28➕ARIKPO-ETTAH, Ann Chinyere appointeddirector
- 2026-01-28➖CHUKWURAH, Chike Christopher resigneddirector
- 2026-01-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-01-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-13📄legacymiscellaneous · RPCH01
- 2024-05-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-13📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-05-13📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-13📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-13📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-13🏢Company incorporatedAs RACHICO LTD
- 2024-02-13➕CHUKWURAH, Racheal Ogechi appointeddirector
- 2024-02-13➕CHUKWURAH, Chike Christopher appointeddirector
Owner dependency
63/100
High — earn-out structure requiredMaterial 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.
- +Young company: Only 2.3 years old — management layer unlikely to be developed.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: ARIKPO-ETTAH, Ann Chinyere resigned 2026-03-02; CHUKWURAH, Chike Christopher resigned 2026-01-28
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Racheal Ogechi Chukwurah Individual · Nigerian · DOB 06/1992 · age 34 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/02/2024 |
2 historic (ceased) PSCs
- Ms Ann Chinyere Arikpo-Ettahceased 11/02/2026· 25-50% shares · 25-50% voting · board control
- Mr Chike Christopher Chukwurahceased 28/01/2026· 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.
Similar companies
Active · Retail · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DIRECT SOCCER LIMITED→ SC331369 · est 2007 | £3.48M £2.61M–£4.35M | — | — | 3900 | 18y | 82 | 66y |
| GILLIES OF BROUGHTY FERRY LIMITED→ SC026803 · est 1949 | £3.30M £2.48M–£4.13M | — | — | 200 | 77y | 83 | 73y |
| BRECHIN CASTLE CENTRE LIMITED→ SC154663 · est 1994 | — | — | £1.79M | — | 31y | 83 | 78y |
| A. KELLY LIMITED→ SC081337 · est 1982 | — | — | — | 1600 | 43y | 82 | 74y |
| ANDERSON BUTCHERS LIMITED→ SC268128 · est 2004 | — | — | — | 2200 | 21y | 82 | 68y |
| BAG SUPPLIES (FIBC) LTD.→ SC222749 · est 2001 | — | — | £195.0k | — | 24y | 82 | 77y |
| COLIN M SMITH LIMITED→ SC094396 · est 1985 | — | — | — | 2100 | 40y | 82 | 71y |
| DUNRIC LIMITED→ SC175641 · est 1997 | — | — | — | 200 | 28y | 82 | 73y |
| GARDEN FURNITURE SCOTLAND LIMITED→ SC306261 · est 2006 | — | — | £463.3k | — | 19y | 82 | 59y |
| HAYAT BROTHERS LTD→ SC355228 · est 2009 | — | — | £578.5k | — | 17y | 82 | 74y |
| STREAMTEC LIMITED→ SC250150 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| THE SQUARIE NEWSAGENT LIMITED→ SC465469 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2024-02-13
Jurisdictionscotland
Primary SIC47820 — SIC 47820
Registered office
14 Tannadice Court
Dundee
DD3 7QB
Scotland
Filing status
Accounts
Next due: 2027-11-30
Last made up to: 2026-02-28
Confirmation statement
Next due: 2027-03-18
Last: 2026-03-04
Officers (2 active · 2 resigned)
CHUKWURAH, Racheal Ogechi→
Activedirector · ~34y · appointed 2024-02-13
View their other companies + combined net worth →
IKE, Chisom Henry→
Activedirector · ~31y · appointed 2026-03-02
View their other companies + combined net worth →
ARIKPO-ETTAH, Ann Chinyere→
Resigneddirector · ~43y · appointed 2026-01-28 · resigned 2026-03-02
CHUKWURAH, Chike Christopher→
Resigneddirector · ~42y · appointed 2024-02-13 · resigned 2026-01-28
Click a director name to see their full track record across all companies.
Recent filings (29 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-09
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-04
termination-director-company-with-name-termination-date
officers · TM01
2026-03-02
appoint-person-director-company-with-name-date
officers · AP01
2026-03-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-11
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-04
change-person-director-company-with-change-date
officers · CH01
2026-02-04
change-person-director-company-with-change-date
officers · CH01
2026-01-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-28
appoint-person-director-company-with-name-date
officers · AP01
2026-01-28
termination-director-company-with-name-termination-date
officers · TM01
2026-01-28