UK GOOD SOURCE LTD

🌿Early-stageactive
SC707847 · ltd · incorporated 2021-08-26
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 Aug 2024
Net worth
£10.2k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Non-specialised wholesale of food, beverages and tobacco
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle 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: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
11 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £10,213

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£10k
↑ 217% YoY
Current Assets
£50k
↑ 5.4% YoY
Current Liabilities
£0£10k£20k£30k£40k£50kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£10.2k£3.2k
Current assets£49.6k£47.1k
Net assets£10.2k£3.2k

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2025-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-05-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2021-10-20
    SHINDE, Archana Ganesh appointed
    director
  5. 2021-10-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2021-08-26
    🏢
    Company incorporated
    As UK GOOD SOURCE LTD
  7. 2021-08-26
    SHINDE, Ganesh Mahadevrao appointed
    director
  8. 2021-08-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ganesh Mahadevrao Shinde
Individual · British · DOB 09/1977 · age 49
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/08/2021

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.

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Company details

Statusactive
Typeltd
Incorporated2021-08-26
Jurisdictionscotland
Primary SIC46390 — Non-specialised wholesale of food, beverages and tobacco

Registered office

10 Bryden Road
Whins Of Milton
Stirling
FK7 8FJ
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-11-25
Last: 2025-11-11

Officers (2 active · 0 resigned)

SHINDE, Archana Ganesh
director · ~48y · appointed 2021-10-20
View their other companies + combined net worth →
Active
SHINDE, Ganesh Mahadevrao
director · ~49y · appointed 2021-08-26
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-16
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-11
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-20
appoint-person-director-company-with-name-date
officers · AP01
2021-10-20
incorporation-company
incorporation · NEWINC
2021-08-26