MRS UNIS SPICY FOODS LIMITED
💤Zombieactive
SC177704 · ltd · incorporated 1997-08-04
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 Jan 2025
Net worth
£-127.6k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: SIC 10890
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 70/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 27.3y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 27.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
14 officers (2 active, 14 linked, 10 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
111 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
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £127,644
Net assets shrinking
Down £131,317 YoY
Cash YoY
+14%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£4k
↑ 14% YoY
Net Worth
-£128k
↓ 3575% YoY
Current Assets
£599k
↓ 5.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £-95.6k | £50.5k |
| Current assets | £599.3k | £630.8k |
| Cash | £4.1k | £3.6k |
| Debtors | £425.1k | £447.3k |
| Net assets | £-127.6k | £3.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
1
filing
- • 1 mortgage
Last 180 days
11
filings
- • 5 officers
- • 3 persons-with-significant-control
- • 2 mortgage
Counts from Companies House filing history.
Corporate timeline (50 events)Click to expand
- 2026-02-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-16🔓Charge satisfied #2
- 2026-01-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-01-15🔒Charge registered #3Lender: Bibby Factors Scotland Limited
- 2026-01-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-11-17📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-11-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-11-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-14📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-11-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-10➕ILYAS, Muhammad, Dr appointedsecretary
- 2025-11-10➕SHEZAD, Mohammad appointeddirector
- 2025-11-10➖UNIS, Shaheen resignedsecretary
- 2025-11-10➖UNIS, Azhar resigneddirector
- 2025-11-10➖UNIS, Shaheen resigneddirector
- 2025-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-06-08🔓Charge satisfied #1
- 2020-08-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-07➖UNIS, Imran resigneddirector
- 2014-10-06➖DAGLISH, Ian Grant resigneddirector
- 2014-06-07➖CHINNADORAI, Sekar Manasseh Srinivasan resigneddirector
- 2014-04-09➕CHINNADORAI, Sekar Manasseh Srinivasan appointeddirector
- 2013-03-12➕DAGLISH, Ian Grant appointeddirector
- 2012-03-29➖HUSSAIN, Naheed resigneddirector
- 2011-11-07🔒Charge registered #2Lender: Lloyds Tsb Commercial Finance Limited
- 2006-11-21➖UNIS, Shabaz resigneddirector
- 2006-04-12➖HUSSAIN, Ajmal resigneddirector
- 2006-04-12➖HUSSAIN, Tajamal resigneddirector
- 1999-01-14🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1997-08-27➕UNIS, Shaheen appointedsecretary
- 1997-08-27➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1997-08-27➕HUSSAIN, Ajmal appointeddirector
- 1997-08-27➕HUSSAIN, Naheed appointeddirector
- 1997-08-27➕HUSSAIN, Tajamal appointeddirector
- 1997-08-27➕UNIS, Azhar appointeddirector
- 1997-08-27➕UNIS, Imran appointeddirector
- 1997-08-27➕UNIS, Shabaz appointeddirector
- 1997-08-27➕UNIS, Shaheen appointeddirector
- 1997-08-27➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
- 1997-08-04🏢Company incorporatedAs MRS UNIS SPICY FOODS LIMITED
- 1997-08-04➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1997-08-04➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome 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
2 med ·3 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: UNIS, Shaheen resigned 2025-11-10; UNIS, Azhar resigned 2025-11-10; UNIS, Shaheen resigned 2025-11-10
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mohammad Shezad Individual · British · DOB 08/1974 · age 52 | 75–100% | — | 75-100% shares | 10/11/2025 |
2 historic (ceased) PSCs
- Mr Azhar Unisceased 10/11/2025· 25-50% shares · 25-50% voting · board control
- Dr Shaheen Unis Cbe, Dlceased 10/11/2025· 25-50% shares · 25-50% voting · board control
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 · Food & drink · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| NAMA CHOCOLATE LIMITED→ SC841616 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| PHILS BALLS LTD→ SC788856 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| POWDER MILL COFFEE COMPANY LTD→ SC876366 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| PURE FOOD INGREDIENTS LIMITED→ SC097966 · est 1986 · no financials extracted | — | — | — | — | 40y | — | — |
| PURE MALT WHISKY LIQUEUR LIMITED→ SC102229 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| PURE PRESS LTD→ SC544010 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| QUAS DRINKS LTD→ SC706704 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| RADICO KHAITAN SCOTLAND LTD→ SC882578 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| RED & HOOD CHOCOLATES LTD→ SC863993 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ROOTS SODA LIMITED→ SC435745 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ROSS'S OF EDINBURGH LTD→ SC502057 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ROSSLYN DISTILLERY LTD→ SC794854 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1997-08-04
Jurisdictionscotland
Primary SIC10890 — SIC 10890
Registered office
Block 2, Unit 1-5 Peffermill Industrial Estate
Kings Haugh
Edinburgh
EH16 5UY
Scotland
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-08-18
Last: 2025-08-04
Officers (2 active · 12 resigned)
ILYAS, Muhammad, Dr→
Activesecretary · appointed 2025-11-10
View their other companies + combined net worth →
SHEZAD, Mohammad→
Activedirector · ~52y · appointed 2025-11-10
View their other companies + combined net worth →
UNIS, Shaheen→
Resignedsecretary · appointed 1997-08-27 · resigned 2025-11-10
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-08-04 · resigned 1997-08-27
CHINNADORAI, Sekar Manasseh Srinivasan→
Resigneddirector · ~71y · appointed 2014-04-09 · resigned 2014-06-07
DAGLISH, Ian Grant→
Resigneddirector · ~73y · appointed 2013-03-12 · resigned 2014-10-06
HUSSAIN, Ajmal→
Resigneddirector · ~63y · appointed 1997-08-27 · resigned 2006-04-12
HUSSAIN, Naheed→
Resigneddirector · ~68y · appointed 1997-08-27 · resigned 2012-03-29
HUSSAIN, Tajamal→
Resigneddirector · ~77y · appointed 1997-08-27 · resigned 2006-04-12
UNIS, Azhar→
Resigneddirector · ~82y · appointed 1997-08-27 · resigned 2025-11-10
UNIS, Imran→
Resigneddirector · ~55y · appointed 1997-08-27 · resigned 2018-11-07
UNIS, Shabaz→
Resigneddirector · ~58y · appointed 1997-08-27 · resigned 2006-11-21
UNIS, Shaheen→
Resigneddirector · ~77y · appointed 1997-08-27 · resigned 2025-11-10
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 1997-08-04 · resigned 1997-08-27
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Bibby Financial Services Bibby Factors Scotland Limited | A registered charge | — | 15/01/2026 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Bond & floating charge | 1 property | 07/11/2011 | 16/02/2026 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 14/01/1999 | 08/06/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (111 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-13
termination-secretary-company-with-name-termination-date
officers · TM02
2025-11-17
termination-director-company-with-name-termination-date
officers · TM01
2025-11-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-11-17
termination-director-company-with-name-termination-date
officers · TM01
2025-11-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-17
appoint-person-secretary-company-with-name-date
officers · AP03
2025-11-14
appoint-person-director-company-with-name-date
officers · AP01
2025-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-10