96 DEGREES (BEVERAGES) LIMITED
🌿Early-stageactive
14960610 · ltd · incorporated 2023-06-26
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 Mar 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: SIC 10890
Sector: Manufacturing
ALSO REGISTERED FOR
- 46170SIC 46170
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
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: strategic trade sale (63/100).
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
27 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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 300 | 300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2025-08-12📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-08-12📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-25📄capital-allotment-sharescapital · SH01
- 2025-03-31📄change-person-director-company-with-change-dateofficers · CH01
- 2025-03-10📄resolutionresolution · RESOLUTIONS
- 2025-02-05📄memorandum-articlesincorporation · MA
- 2024-09-18📄second-filing-capital-allotment-sharescapital · RP04SH01
- 2024-08-23📄memorandum-articlesincorporation · MA
- 2024-08-15📄capital-alter-shares-subdivisioncapital · SH02
- 2024-08-13📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2024-08-09📄capital-allotment-sharescapital · SH01
- 2024-08-08📄capital-allotment-sharescapital · SH01
- 2024-07-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-05-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-16➕SETHIA, Anjum appointeddirector
- 2024-04-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-12📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-12📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-05✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-09-10📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-08-17➕ALLAN, Andrew Robert appointeddirector
- 2023-06-26🏢Company incorporatedAs 96 DEGREES (BEVERAGES) LIMITED
- 2023-06-26➕SETHIA, Adarsh 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
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 2.8 years old — management layer unlikely to be developed.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Anjum Sethia Individual · British · DOB 08/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 19/04/2024 |
Mr Adarsh Sethia Individual · British · DOB 07/1970 · age 56 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 19/04/2024 |
1 historic (ceased) PSC
- Curated Group Limitedceased 19/04/2024· 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.
See pricing →Similar companies
Active · Food & drink · W postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 108 FOODS LIMITED→ 09840091 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 17 LABS LTD→ 17103195 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 1936 LIMITED→ 07576706 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| 2FUL LTD→ 16256899 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 369 CAFE LIMITED→ 16593313 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 618 FUNGI CLUB LIMITED→ 16152646 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A&G VENTURES LIMITED→ 16697476 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AA GROUP HOLDINGS LTD→ 11549003 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AAP HEALTH LIMITED→ 15873463 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AAURICA MULTITRADE LIMITED→ 16276972 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AB AGRI LIMITED→ 00193800 · est 1923 · no financials extracted | — | — | — | — | 102y | — | — |
| AB WORLD FOODS LIMITED→ 01400901 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
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
Incorporated2023-06-26
Jurisdictionengland-wales
Primary SIC10890 — SIC 10890
Registered office
Level 5a Maple House
149 Tottenham Court Road
London
W1T 7NF
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-09
Last: 2025-06-25
Officers (3 active · 0 resigned)
ALLAN, Andrew Robert→
Activedirector · ~41y · appointed 2023-08-17
View their other companies + combined net worth →
SETHIA, Adarsh→
Activedirector · ~56y · appointed 2023-06-26
View their other companies + combined net worth →
SETHIA, Anjum→
Activedirector · ~55y · appointed 2024-05-16
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (27 total)
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-08-12
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-08-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-25
capital-allotment-shares
capital · SH01
2025-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-25
change-person-director-company-with-change-date
officers · CH01
2025-03-31
resolution
resolution · RESOLUTIONS
2025-03-10
memorandum-articles
incorporation · MA
2025-02-05
second-filing-capital-allotment-shares
capital · RP04SH01
2024-09-18
confirmation-statement
confirmation-statement · CS01
2024-09-10
memorandum-articles
incorporation · MA
2024-08-23
capital-alter-shares-subdivision
capital · SH02
2024-08-15
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-08-13
capital-allotment-shares
capital · SH01
2024-08-09
capital-allotment-shares
capital · SH01
2024-08-08