CIN QUAN INDUSTRIAL GROUP LTD

🌱Startupactive
SC823185 · ltd · incorporated 2024-09-18
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
not disclosed
Net worth
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: SIC 45190
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45400SIC 45400
  • 46900Non-specialised wholesale trade
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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: strategic trade sale (63/100).

Data confidence

Overall: medium (55/100)

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

Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
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
7 filings
60
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.

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-04-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2024-12-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2024-12-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-12-10
    📄
    capital-allotment-shares
    capital · SH01
  5. 2024-11-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-11-21
    LI, Qi appointed
    director
  7. 2024-09-18
    🏢
    Company incorporated
    As CIN QUAN INDUSTRIAL GROUP LTD
  8. 2024-09-18
    ZHAO, Yanli appointed
    secretary
  9. 2024-09-18
    ZHAO, Yanli appointed
    director
  10. 2024-09-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

Material 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 1.6 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited 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 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-01-06

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Qi Li
Individual · Chinese · DOB 10/1980 · age 46
5075%
50–75%board control50-75% shares · 50-75% voting · board control10/12/2024
Ms Yanli Zhao
Individual · British · DOB 10/1975 · age 51
2550%
25–50%25-50% shares · 25-50% voting18/09/2024

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.

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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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2024-09-18
Jurisdictionscotland
Primary SIC45190 — SIC 45190

Registered office

272 Bath Street
Glasgow
G2 4JR
Scotland

Filing status

Accounts
Next due: 2026-06-18
Last made up to:
Confirmation statement
Next due: 2026-01-06OVERDUE
Last: 2024-12-23

Officers (3 active · 0 resigned)

ZHAO, Yanli
secretary · appointed 2024-09-18
View their other companies + combined net worth →
Active
LI, Qi
director · ~46y · appointed 2024-11-21
View their other companies + combined net worth →
Active
ZHAO, Yanli
director · ~51y · appointed 2024-09-18
View their other companies + combined net worth →
Active

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

Recent filings (7 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-12-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-23
capital-allotment-shares
capital · SH01
2024-12-10
appoint-person-director-company-with-name-date
officers · AP01
2024-11-26
incorporation-company
incorporation · NEWINC
2024-09-18