FRANKEL LTD
🌱Startupactive
SC820837 · ltd · incorporated 2024-08-28
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£-185.0k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Processing and preserving of meat
Sector: Manufacturing
ALSO REGISTERED FOR
- 10130SIC 10130
- 46320Wholesale of meat and meat products
- 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 71/100 (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).
🏦
Refinance opportunity
1 live charge · oldest 1.5y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.5 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (73/100)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
1 charges (1/1 with lender, 1/1 with type)
90
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
1 connected companies via shared directors
48
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £184,989
Key financials
1 year extracted from filed iXBRL accountsCash
£32k
Net Worth
-£185k
Current Assets
£1.4m
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-12-31 |
|---|---|
| Total assets | £1.01M |
| Current assets | £1.38M |
| Cash | £31.9k |
| Debtors | £983.0k |
| Net assets | £-185.0k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
- 2026-03-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-08-08📄resolutionresolution · RESOLUTIONS
- 2025-08-06📄memorandum-articlesincorporation · MA
- 2025-05-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-02-21📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-12-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-22➕GILMOUR, Simon Clark appointeddirector
- 2024-10-22🔒Charge registered #1Lender: Clydesdale Bank PLC (Trading as Virgin Money)
- 2024-08-28🏢Company incorporatedAs FRANKEL LTD
- 2024-08-28➕WOOKEY GILMOUR, Alice Elizabeth appointeddirector
- 2024-08-28📄incorporation-companyincorporation · NEWINC
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 1.7 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 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Alice Elizabeth Wookey Gilmour Individual · British · DOB 02/1990 · age 36 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 28/08/2024 |
Mr Simon Clark Gilmour Individual · British · DOB 02/1988 · age 38 | 25–50% | — | 25-50% shares | 28/08/2024 |
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
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|---|---|---|---|---|---|---|---|
| COFFEE NEXUS LIMITED→ SC355513 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
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| DIAGEO SCOTLAND LIMITED→ SC000750 · est 1877 · no financials extracted | — | — | — | — | 148y | — | — |
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| GLENRATH EGG PRODUCTS LIMITED→ SC440740 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| GLUNUT LTD→ SC856882 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HKER BAKERY LTD→ SC726326 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| INVERBURN LIMITED→ SC158525 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| IT'S BS LIMITED→ SC784333 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| J & W HARDIE LIMITED→ SC162555 · est 1996 · no financials extracted | — | — | — | — | 30y | — | — |
| JAMES MARTIN & COMPANY, LIMITED→ SC008390 · est 1912 · no financials extracted | — | — | — | — | 113y | — | — |
| JANDS FEEDS MANUFACTURING LIMITED→ SC347149 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
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
Incorporated2024-08-28
Jurisdictionscotland
Primary SIC10110 — Processing and preserving of meat
Registered office
Unit 12 Edgefield Road Industrial Estate
Loanhead
Midlothian
EH20 9TB
United Kingdom
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-05-27
Last: 2025-05-13
Officers (2 active · 0 resigned)
GILMOUR, Simon Clark→
Activedirector · ~38y · appointed 2024-10-22
View their other companies + combined net worth →
WOOKEY GILMOUR, Alice Elizabeth→
Activedirector · ~36y · appointed 2024-08-28
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) | A registered charge | — | 22/10/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (13 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-11
resolution
resolution · RESOLUTIONS
2025-08-08
memorandum-articles
incorporation · MA
2025-08-06
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-13
change-account-reference-date-company-current-extended
accounts · AA01
2025-02-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-01
appoint-person-director-company-with-name-date
officers · AP01
2024-10-23
incorporation-company
incorporation · NEWINC
2024-08-28