FLATBREAD TURKISH BAKERY HOUSE LIMITED

🌿Early-stageactive

SC716609 · ltd · incorporated 2021-12-02

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.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

70/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Unlicenced restaurants and cafes

Sector: Accommodation & food service

Investor take

Pursue

Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

10 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

70/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Average employees	1100	1100

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (8 events)Click to expand

2025-09-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-01-01
➕
PEKER, Cevdet appointed
director
2021-12-02
🏢
Company incorporated
As FLATBREAD TURKISH BAKERY HOUSE LIMITED
2021-12-02
➕
BALCI, Kutlu appointed
director
2021-12-02
📄
incorporation-company
incorporation · NEWINC

Owner dependency

58/100

Moderate — manageable with handover

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Kutlu Balci Individual · Turkish · DOB 08/1991 · age 35	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	02/12/2021
Mr Cevdet Peker Individual · Turkish · DOB 09/1977 · age 49	25–50%	25–50%	25-50% shares · 25-50% voting	02/12/2021

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 →

Similar companies

Active · Hospitality · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
THE BONHAM HOTEL EDINBURGH LIMITED→ SC118669 · est 1989	£13.13M £9.85M–£16.41M	—	—	65	36y	83	69y
OMNI TAVERNS LTD.→ SC307655 · est 2006	£2.84M £2.13M–£3.55M	—	—	8600	19y	87	60y
ADJUSTLIGHT LIMITED→ SC139599 · est 1992 · no financials extracted	—	—	—	—	33y	83	58y
ARCHERFIELD HOUSE HOTEL MANAGEMENT LIMITED→ SC272735 · est 2004 · no financials extracted	—	—	—	—	21y	83	79y
COURT HOTEL SUITES LIMITED→ SC373209 · est 2010	—	—	£553.1k	—	16y	83	64y
DESTINATION EDINBURGH LIMITED→ SC357298 · est 2009	—	—	£254.5k	—	17y	83	58y
ELITE HOTELS LIMITED→ SC103199 · est 1987	—	—	—	0	39y	83	76y
J J BEAM LIMITED→ SC132477 · est 1991	—	—	—	18	34y	83	74y
MORAG'S LODGES LIMITED→ SC192271 · est 1998 · no financials extracted	—	—	—	—	27y	83	61y
SALTIRE HOSPITALITY LIMITED→ SC208776 · est 2000	—	—	—	83	25y	83	63y
SCOTS GUARDS ASSOCIATION CLUB, LIMITED→ SC013223 · est 1924	—	—	—	6	101y	83	80y
STAY CITY APARTMENTS LTD.→ SC338588 · est 2008 · no financials extracted	—	—	—	—	18y	83	59y

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.

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🔒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

Incorporated2021-12-02

Jurisdictionscotland

Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

48 Haymarket Terrace

Edinburgh

EH12 5LA

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-12-20

Last: 2025-12-06

Officers (2 active · 0 resigned)

BALCI, Kutlu→

director · ~35y · appointed 2021-12-02

View their other companies + combined net worth →

Active

PEKER, Cevdet→

director · ~49y · appointed 2022-01-01

View their other companies + combined net worth →

Active

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