CONVENIENCE LOCAL ALLOA LTD

🌿Early-stageactive
SC807750 · ltd · incorporated 2024-04-21
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 Apr 2025
Net worth
£100
book net assets
Opportunity
65/100
Strong
🔔
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What this business does
Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47620SIC 47620
  • 53100Postal activities under universal service obligation
  • 70229Management consultancy activities other than financial management
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 65/100 (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 (71/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
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
69
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £100

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£100
Current Assets
£100
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-04-30
Total assets£100
Current assets£100
Net assets£100

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
2
filings
  • 1 change-of-name
  • 1 accounts
Last 180 days
2
filings
  • 1 change-of-name
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-02-06
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2026-02-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2025-09-12
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2025-09-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-09-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-09-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-09-01
    MUVVA, Hemantha Kumar resigned
    director
  8. 2025-09-01
    SRI NIDHI ASSOCIATES LIMITED resigned
    corporate-director
  9. 2024-08-15
    📄
    appoint-corporate-director-company-with-name-date
    officers · AP02
  10. 2024-08-06
    SRI NIDHI ASSOCIATES LIMITED appointed
    corporate-director
  11. 2024-06-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2024-06-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2024-06-20
    SRI NIDHI ASSOCIATES LIMITED resigned
    corporate-director
  14. 2024-04-21
    🏢
    Company incorporated
    As CONVENIENCE LOCAL ALLOA LTD
  15. 2024-04-21
    GINEGOWDA, Radhakrishna appointed
    director
  16. 2024-04-21
    MUVVA, Hemantha Kumar appointed
    director
  17. 2024-04-21
    SRI NIDHI ASSOCIATES LIMITED appointed
    corporate-director
  18. 2024-04-21
    📄
    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 2.0 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

2 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: MUVVA, Hemantha Kumar resigned 2025-09-01; SRI NIDHI ASSOCIATES LIMITED resigned 2025-09-01

Name changed 2 times
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-02-06: certificate-change-of-name-company; 2025-09-12: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Radhakrishna Ginegowda
Individual · British · DOB 04/1982 · age 44
2550%
25–50%board control25-50% shares · 25-50% voting · board control21/04/2024
2 historic (ceased) PSCs
  • Mr Hemantha Kumar Muvvaceased 01/09/2025· 25-50% shares · 25-50% voting · board control
  • Sri Nidhi Associates Limitedceased 20/06/2024· 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 →

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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
Incorporated2024-04-21
Jurisdictionscotland
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating

Registered office

5 Craw Yard Place
Edinburgh
EH12 9LQ
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-04
Last: 2025-04-20

Officers (1 active · 3 resigned)

GINEGOWDA, Radhakrishna
director · ~44y · appointed 2024-04-21
View their other companies + combined net worth →
Active
MUVVA, Hemantha Kumar
director · ~43y · appointed 2024-04-21 · resigned 2025-09-01
Resigned
SRI NIDHI ASSOCIATES LIMITED
corporate-director · appointed 2024-08-06 · resigned 2025-09-01
Resigned
SRI NIDHI ASSOCIATES LIMITED
corporate-director · appointed 2024-04-21 · resigned 2024-06-20
Resigned

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

Recent filings (11 total)

certificate-change-of-name-company
change-of-name · CERTNM
2026-02-06
accounts-with-accounts-type-dormant
accounts · AA
2026-02-06
certificate-change-of-name-company
change-of-name · CERTNM
2025-09-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-11
termination-director-company-with-name-termination-date
officers · TM01
2025-09-11
termination-director-company-with-name-termination-date
officers · TM01
2025-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-17
appoint-corporate-director-company-with-name-date
officers · AP02
2024-08-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-27
termination-director-company-with-name-termination-date
officers · TM01
2024-06-27
incorporation-company
incorporation · NEWINC
2024-04-21