YEUNG'S CHINESE FOODS LIMITED
- · Thesis: well-run, low negotiation leverage
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| 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
- • 1 accounts
- • 1 confirmation-statement
- • 1 officers
Corporate timeline (48 events)Click to expand
- 2026-02-24📄accounts-with-accounts-type-smallaccounts · AA
- 2025-12-04📄replacement-filing-of-director-appointment-with-nameofficers · RP01AP01
- 2025-02-24📄accounts-with-accounts-type-smallaccounts · AA
- 2024-02-23📄accounts-with-accounts-type-smallaccounts · AA
- 2023-02-27📄accounts-with-accounts-type-smallaccounts · AA
- 2022-05-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-05-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-05-25🔓Charge satisfied #8
- 2022-05-25🔓Charge satisfied #7
- 2022-02-09📄accounts-with-accounts-type-smallaccounts · AA
- 2021-06-02📄accounts-with-accounts-type-smallaccounts · AA
- 2020-09-14📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2019-05-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-05-06🔒Charge registered #8Lender: Wai Tung Yeung
- 2019-05-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-04-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-04-23📄resolutionresolution · RESOLUTIONS
- 2019-04-18🔒Charge registered #6Lender: Barclays Bank PLC
- 2019-04-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-04-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-04-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-04-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-04-15🔒Charge registered #7Lender: Wai Tung Yeung
- 2019-04-09➕RIGBY, Alan appointeddirector
- 2019-04-09➕RIGBY, Susan appointeddirector
- 2019-04-09➕RIGBY, Thomas appointeddirector
- 2019-04-09➖WHITELAW WELLS resignedcorporate-secretary
- 2019-04-09➖YEUNG, Wai Tung resigneddirector
- 2019-04-09🔒Charge registered #5Lender: Barclays Bank PLC
- 2016-12-20🔓Charge satisfied #2
- 2016-12-20🔓Charge satisfied #1
- 2016-12-07➖YEUNG, Wai Tung resignedsecretary
- 2016-12-07➕WHITELAW WELLS appointedcorporate-secretary
- 2015-01-27➖YEUNG, Chow Wai Lam resigneddirector
- 2007-10-26🔓Charge satisfied #3
- 2002-12-02➖LAM, Yvonne Chau Fong resigneddirector
- 1999-09-30➕LAM, Yvonne Chau Fong appointeddirector
- 1995-05-03🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 1992-10-26🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1992-10-05🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1992-01-07➖REID, Brian resignednominee-secretary
- 1992-01-07➕YEUNG, Wai Tung appointedsecretary
- 1992-01-07➖MABBOTT, Stephen resignednominee-director
- 1992-01-07➕YEUNG, Chow Wai Lam appointeddirector
- 1992-01-07➕YEUNG, Wai Tung appointeddirector
- 1991-12-13🏢Company incorporatedAs YEUNG'S CHINESE FOODS LIMITED
- 1991-12-13➕REID, Brian appointednominee-secretary
- 1991-12-13➕MABBOTT, Stephen appointednominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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 ·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.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Richard Whittaker Holdings Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 09/04/2019 |
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.
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 · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DAVIDSON BROTHERS (SHOTTS) LIMITED→ SC025270 · est 1947 | £13.67M £10.07M–£17.27M | — | — | 69 | 79y | 84 | 79y |
| BLAIRMHOR DISTILLERS LIMITED→ SC140080 · est 1992 | — | — | £0 | — | 33y | 83 | 77y |
| LAZY DAY FOODS LIMITED→ SC298222 · est 2006 | — | — | £2.52M | — | 20y | 83 | 71y |
| CENTRAL BAKERY SUPPLIES LTD.→ SC370821 · est 2010 | — | — | — | 900 | 16y | 82 | 65y |
| GARDINERS OF SCOTLAND LIMITED→ SC207381 · est 2000 | — | — | £2.80M | — | 26y | 82 | 85y |
| BRAND NEW CAKE LIMITED→ SC379264 · est 2010 | — | — | — | — | 16y | 80 | 61y |
| CAMPBELLS FUDGE LIMITED→ SC394263 · est 2011 | — | — | — | 200 | 15y | 80 | 62y |
| DENHOLM BAKERS LTD→ SC358592 · est 2009 | — | — | £149.5k | — | 17y | 80 | 74y |
| INVER HOUSE DISTILLERS LIMITED→ SC040036 · est 1964 · no financials extracted | — | — | — | — | 62y | 80 | 72y |
| JINXY LIMITED→ SC254032 · est 2003 | — | — | £56.3k | — | 22y | 80 | 72y |
| KERR'S BAKERY LIMITED→ SC294053 · est 2005 | — | — | — | 50 | 20y | 80 | 60y |
| LIGHTBODY HOLDINGS LIMITED→ SC194711 · est 1999 · no financials extracted | — | — | — | — | 27y | 80 | 64y |
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 →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
Registered office
Filing status
Officers (3 active · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Wai Tung Yeung / Gui Ju Tang | A registered charge | 1 property | 06/05/2019 | 25/05/2022 | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 18/04/2019 | — | |
| satisfied | Wai Tung Yeung / Gui Ju Tang | A registered charge | — | 15/04/2019 | 25/05/2022 | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 09/04/2019 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 03/05/1995 | 26/10/2007 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 26/10/1992 | 20/12/2016 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 05/10/1992 | 20/12/2016 |