YEUNG'S CHINESE FOODS LIMITED

🌳Matureactive
SC135610 · ltd · incorporated 1991-12-13
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£2.44M
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 10890
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 4 lenders · oldest 33.6y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 33.6 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 7 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
120 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,437,102
Cash YoY
+16%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£222k
↑ 16% YoY
Net Worth
£2.4m
↑ 8.2% YoY
Current Assets
£2.4m
↑ 15% YoY
Current Liabilities
£0£487k£975k£1.5m£1.9m£2.4mMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£2.48M£2.30M
Current assets£2.41M£2.10M
Cash£222.5k£191.6k
Debtors£2.04M£1.74M
Net assets£2.44M£2.25M

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
0
filings
Last 180 days
3
filings
  • 1 accounts
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
  1. 2026-02-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-12-04
    📄
    replacement-filing-of-director-appointment-with-name
    officers · RP01AP01
  3. 2025-02-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2024-02-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2023-02-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2022-05-25
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2022-05-25
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2022-05-25
    🔓
    Charge satisfied #8
  9. 2022-05-25
    🔓
    Charge satisfied #7
  10. 2022-02-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2021-06-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2020-09-14
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  13. 2019-05-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2019-05-06
    🔒
    Charge registered #8
    Lender: Wai Tung Yeung
  15. 2019-05-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2019-04-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2019-04-23
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2019-04-18
    🔒
    Charge registered #6
    Lender: Barclays Bank PLC
  19. 2019-04-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2019-04-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2019-04-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2019-04-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2019-04-15
    🔒
    Charge registered #7
    Lender: Wai Tung Yeung
  24. 2019-04-09
    RIGBY, Alan appointed
    director
  25. 2019-04-09
    RIGBY, Susan appointed
    director
  26. 2019-04-09
    RIGBY, Thomas appointed
    director
  27. 2019-04-09
    WHITELAW WELLS resigned
    corporate-secretary
  28. 2019-04-09
    YEUNG, Wai Tung resigned
    director
  29. 2019-04-09
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  30. 2016-12-20
    🔓
    Charge satisfied #2
  31. 2016-12-20
    🔓
    Charge satisfied #1
  32. 2016-12-07
    YEUNG, Wai Tung resigned
    secretary
  33. 2016-12-07
    WHITELAW WELLS appointed
    corporate-secretary
  34. 2015-01-27
    YEUNG, Chow Wai Lam resigned
    director
  35. 2007-10-26
    🔓
    Charge satisfied #3
  36. 2002-12-02
    LAM, Yvonne Chau Fong resigned
    director
  37. 1999-09-30
    LAM, Yvonne Chau Fong appointed
    director
  38. 1995-05-03
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  39. 1992-10-26
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  40. 1992-10-05
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  41. 1992-01-07
    REID, Brian resigned
    nominee-secretary
  42. 1992-01-07
    YEUNG, Wai Tung appointed
    secretary
  43. 1992-01-07
    MABBOTT, Stephen resigned
    nominee-director
  44. 1992-01-07
    YEUNG, Chow Wai Lam appointed
    director
  45. 1992-01-07
    YEUNG, Wai Tung appointed
    director
  46. 1991-12-13
    🏢
    Company incorporated
    As YEUNG'S CHINESE FOODS LIMITED
  47. 1991-12-13
    REID, Brian appointed
    nominee-secretary
  48. 1991-12-13
    MABBOTT, Stephen appointed
    nominee-director

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 76 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • secondaryStable-but-static management: Company is 34 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Richard Whittaker Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Richard Whittaker Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
YEUNG'S CHINESE FOODS LIMITED
This company · SC135610

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Richard Whittaker Holdings Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting09/04/2019
2 historic (ceased) PSCs
  • Ms Gui Ju Tangceased 09/04/2019· 25-50% shares · 25-50% voting · board control
  • Mr Wai Tung Yeungceased 09/04/2019· 50-75% shares · 50-75% 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

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
Incorporated1991-12-13
Jurisdictionscotland
Primary SIC10890 — SIC 10890

Registered office

Unit 12 Dundyvan Industrial Estate
Coatbridge
ML5 4AQ
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-12-10
Last: 2025-11-26

Officers (3 active · 7 resigned)

RIGBY, Alan
director · ~76y · appointed 2019-04-09
View their other companies + combined net worth →
Active
RIGBY, Susan
director · ~73y · appointed 2019-04-09
View their other companies + combined net worth →
Active
RIGBY, Thomas
director · ~39y · appointed 2019-04-09
View their other companies + combined net worth →
Active
REID, Brian
nominee-secretary · appointed 1991-12-13 · resigned 1992-01-07
Resigned
YEUNG, Wai Tung
secretary · appointed 1992-01-07 · resigned 2016-12-07
Resigned
WHITELAW WELLS
corporate-secretary · appointed 2016-12-07 · resigned 2019-04-09
Resigned
LAM, Yvonne Chau Fong
director · ~65y · appointed 1999-09-30 · resigned 2002-12-02
Resigned
MABBOTT, Stephen
nominee-director · ~76y · appointed 1991-12-13 · resigned 1992-01-07
Resigned
YEUNG, Chow Wai Lam
director · ~67y · appointed 1992-01-07 · resigned 2015-01-27
Resigned
YEUNG, Wai Tung
director · ~74y · appointed 1992-01-07 · resigned 2019-04-09
Resigned

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

Mortgages & charges

7
Total charges
2
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
satisfied
Wai Tung Yeung / Gui Ju Tang
A registered charge1 property06/05/201925/05/2022
outstanding
Barclays
Barclays Bank PLC
A registered charge1 property18/04/2019
satisfied
Wai Tung Yeung / Gui Ju Tang
A registered charge15/04/201925/05/2022
outstanding
Barclays
Barclays Bank PLC
A registered charge09/04/2019
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property03/05/199526/10/2007
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property26/10/199220/12/2016
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property05/10/199220/12/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (120 total)

accounts-with-accounts-type-small
accounts · AA
2026-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-08
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2025-12-04
accounts-with-accounts-type-small
accounts · AA
2025-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-small
accounts · AA
2024-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-11
accounts-with-accounts-type-small
accounts · AA
2023-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-06
mortgage-satisfy-charge-full
mortgage · MR04
2022-05-25
mortgage-satisfy-charge-full
mortgage · MR04
2022-05-25
accounts-with-accounts-type-small
accounts · AA
2022-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-30
accounts-with-accounts-type-small
accounts · AA
2021-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-02