LIKYA FETHIYE LIMITED

🌱Startupactive
SC848752 · ltd · incorporated 2025-05-15
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.
Why now
Window opening · high confidence
More negotiable than before — 3 signals weakening over the last 30 days.
  • · Hygiene score: 90 → 70
  • · Opportunity score: 70 → 61
  • · Bankability: 65 → 55
  • · Distress / opportunity: avoid → speculative
What changed my view
Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 1 positive.

  • Opportunity score: 7061
  • Hygiene score: 9070
  • Bankability: 6555
  • Filings: 34
  • ·Distress / opportunity: avoidspeculative
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: Wholesale of textiles
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46900Non-specialised wholesale trade
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (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: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (58/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth 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
50
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 dissolution
Last 90 days
1
filing
  • 1 dissolution
Last 180 days
1
filing
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (6 events)Click to expand
  1. 2026-05-29
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  2. 2025-10-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-10-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2025-05-15
    🏢
    Company incorporated
    As LIKYA FETHIYE LIMITED
  5. 2025-05-15
    FIRAT, Vahap appointed
    director
  6. 2025-05-15
    📄
    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 1.0 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

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: 2026-05-28

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Cigdem Karaca
Individual · Turkish · DOB 10/1972 · age 54
75100%
75–100%75-100% shares · 75-100% voting22/08/2025
1 historic (ceased) PSC
  • Vahap Firatceased 22/08/2025· 75-100% shares · 75-100% 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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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.

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Company details

Statusactive
Typeltd
Incorporated2025-05-15
Jurisdictionscotland
Primary SIC46410 — Wholesale of textiles

Registered office

7 Brunswick Place
Edinburgh
EH7 5HW
Scotland

Filing status

Accounts
Next due: 2027-02-15
Last made up to:
Confirmation statement
Next due: 2026-05-28OVERDUE
Last:

Officers (1 active · 0 resigned)

FIRAT, Vahap
director · ~46y · appointed 2025-05-15
View their other companies + combined net worth →
Active

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

Recent filings (4 total)

dissolution-application-strike-off-company
dissolution · DS01
2026-05-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-20
incorporation-company
incorporation · NEWINC
2025-05-15