CHROVIES LTD

🌿Early-stageactive
SC785287 · ltd · incorporated 2023-10-09
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
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Turnover
year to Oct 2024
Net worth
£47.1k
book net assets
Opportunity
58/100
Worth a look
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What this business does
Primary activity: Other retail sale in non-specialised stores
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
  • 70229Management consultancy activities other than financial management
  • 73110Advertising agencies
Investor take
Special-situation opportunity
Distressed retail with salvageable qualities — special-situations priority.

Opportunity 58/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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 (58/100).

Data confidence

Overall: medium (70/100)

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

Company profile
address, 4 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
56
Some moderate concerns — review 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 £47,149

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£47k
Current Assets
£55k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-31
Total assets£47.1k
Current assets£54.9k
Net assets£47.1k

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 capital
Last 90 days
1
filing
  • 1 capital
Last 180 days
1
filing
  • 1 capital
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-04-16
    📄
    capital-allotment-shares
    capital · SH01
  2. 2025-10-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-06-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-11-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-11-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-10-18
    OJO, Ifedayo Joseph resigned
    director
  8. 2024-10-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-06-03
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  10. 2023-10-09
    🏢
    Company incorporated
    As CHROVIES LTD
  11. 2023-10-09
    AROTIBA, Ayobami Stephen appointed
    director
  12. 2023-10-09
    OJO, Ifedayo Joseph appointed
    director
  13. 2023-10-09
    📄
    incorporation-company
    incorporation · NEWINC

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.
  • +Young company: Only 2.6 years old — management layer unlikely to be developed.

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 high · 1 med · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-19

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-06-03: certificate-change-of-name-company

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
Ayobami Stephen Arotiba
Individual · Nigerian · DOB 08/1993 · age 33
75100%
75–100%board control75-100% shares · 75-100% voting · board control09/10/2023

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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9 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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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
Incorporated2023-10-09
Jurisdictionscotland
Primary SIC47190 — Other retail sale in non-specialised stores

Registered office

1 Brydie Avenue
Perth
PH1 0AN
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-03-19OVERDUE
Last: 2025-03-05

Officers (1 active · 1 resigned)

AROTIBA, Ayobami Stephen
director · ~33y · appointed 2023-10-09
View their other companies + combined net worth →
Active
OJO, Ifedayo Joseph
director · ~28y · appointed 2023-10-09 · resigned 2024-10-18
Resigned

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

Recent filings (11 total)

capital-allotment-shares
capital · SH01
2026-04-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-20
termination-director-company-with-name-termination-date
officers · TM01
2024-10-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-08
certificate-change-of-name-company
change-of-name · CERTNM
2024-06-03
incorporation-company
incorporation · NEWINC
2023-10-09