SPICY CUISINE LTD

💤Zombieactive
SC667657 · ltd · incorporated 2020-07-15
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2025
Net worth
£12.1k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Other retail sale of food in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £12,123

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£12k
Current Assets
£252
Current Liabilities
£0£2k£5k£7k£10k£12kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Total assets£12.1k
Current assets£252
Net assets£12.1k

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

Recent activity

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
7
filings
  • 2 gazette
  • 2 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-12-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-12-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-12-16
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2025-12-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-12-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2025-12-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2025-10-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2025-09-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2025-08-14
    📍
    default-companies-house-service-address-applied-psc
    address · RP10
  11. 2025-08-14
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  12. 2025-08-14
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  13. 2025-08-14
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  14. 2025-01-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2024-11-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2024-11-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2024-10-31
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  18. 2024-10-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  19. 2024-10-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2024-10-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  21. 2024-06-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  22. 2024-03-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  23. 2024-03-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  24. 2020-07-15
    🏢
    Company incorporated
    As SPICY CUISINE LTD
  25. 2020-07-15
    SHAHID, Shamshad appointed
    secretary
  26. 2020-07-15
    SHAHID, Shamshad appointed
    director

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.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Shamshad Shahid
Individual · British · DOB 01/1975 · age 51
75100%
75–100%board control75-100% shares · 75-100% voting · board control15/07/2020

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
Incorporated2020-07-15
Jurisdictionscotland
Primary SIC47290 — Other retail sale of food in specialised stores

Registered office

528 St. Vincent Street
Glasgow
G3 8XZ

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-28
Last: 2025-07-14

Officers (2 active · 0 resigned)

SHAHID, Shamshad
secretary · appointed 2020-07-15
View their other companies + combined net worth →
Active
SHAHID, Shamshad
director · ~51y · appointed 2020-07-15
View their other companies + combined net worth →
Active

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

Recent filings (33 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-28
gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-16
change-person-secretary-company-with-change-date
officers · CH03
2025-12-16
change-person-director-company-with-change-date
officers · CH01
2025-12-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-16
gazette-notice-compulsory
gazette · GAZ1
2025-12-02
gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
gazette-notice-compulsory
gazette · GAZ1
2025-09-30
default-companies-house-service-address-applied-psc
address · RP10
2025-08-14
default-companies-house-service-address-applied-officer
address · RP09
2025-08-14
default-companies-house-service-address-applied-officer
address · RP09
2025-08-14
default-companies-house-registered-office-address-applied
address · RP05
2025-08-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-30