ESPLANADE CAFE LIMITED

🏛️Establishedactive
SC659775 · ltd · incorporated 2020-04-22
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
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Turnover
year to Mar 2025
Net worth
£1.24M
book net assets
Opportunity
68/100
Strong
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What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
Special-situation opportunity
Distressed hospitality with salvageable qualities — special-situations priority.

Opportunity 68/100 (strong), bankability 65/100. 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 (65/100).

Data confidence

Overall: medium (73/100)

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

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
Confirmed no charges registered
85
Directors & officers
5 officers (4 active, 5 linked, 5 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
6 connected companies via shared directors
63
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £1,235,788

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£1.2m
↑ 28% YoY
Current Assets
£339k
↑ 45% YoY
Current Liabilities
£0£247k£494k£741k£989k£1.2mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£1.26M£980.3k
Current assets£339.5k£234.7k
Cash£220.0k
Debtors£12.6k
Net assets£1.24M£965.5k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-04
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-11-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-12-01
    📄
    capital-alter-shares-subdivision
    capital · SH02
  7. 2020-11-30
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2020-11-19
    MEDINELLI, Liliana resigned
    director
  9. 2020-11-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2020-10-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-08-28
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  12. 2020-08-22
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  13. 2020-04-22
    🏢
    Company incorporated
    As ESPLANADE CAFE LIMITED
  14. 2020-04-22
    MEDINELLI, Marco appointed
    director
  15. 2020-04-22
    MEDINELLI, Massimo appointed
    director
  16. 2020-04-22
    MEDINELLI, Nico appointed
    director
  17. 2020-04-22
    MEDINELLI, Tania appointed
    director
  18. 2020-04-22
    MEDINELLI, Liliana appointed
    director
  19. 2020-04-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

56/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.

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: 2026-05-05

🔒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
Incorporated2020-04-22
Jurisdictionscotland
Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

3 Campbell Street
Greenock
PA16 8AN
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-05OVERDUE
Last: 2025-04-21

Officers (4 active · 1 resigned)

MEDINELLI, Marco
director · ~62y · appointed 2020-04-22
View their other companies + combined net worth →
Active
MEDINELLI, Massimo
director · ~32y · appointed 2020-04-22
View their other companies + combined net worth →
Active
MEDINELLI, Nico
director · ~29y · appointed 2020-04-22
View their other companies + combined net worth →
Active
MEDINELLI, Tania
director · ~60y · appointed 2020-04-22
View their other companies + combined net worth →
Active
MEDINELLI, Liliana
director · ~94y · appointed 2020-04-22 · resigned 2020-11-19
Resigned

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

Recent filings (17 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-29
capital-alter-shares-subdivision
capital · SH02
2020-12-01
resolution
resolution · RESOLUTIONS
2020-11-30
termination-director-company-with-name-termination-date
officers · TM01
2020-11-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-10-05
change-account-reference-date-company-current-extended
accounts · AA01
2020-08-28