EURO DISTRIBUTIONS LTD.
💤Zombieactive
SC199289 · ltd · incorporated 1999-08-27
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 Aug 2024
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Wholesale of clothing and footwear
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 23.6y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Average employees | 300 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-02-01➕IRSHAD, Haseeb appointeddirector
- 2022-02-01➖IRSHAD, Haseeb resigneddirector
- 2022-02-01➖IRSHAD, Haseeb resigneddirector
- 2022-02-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-03-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-03-19➕IRSHAD, Haseeb appointeddirector
- 2021-03-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-03-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-25📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-02-25📄change-person-director-company-with-change-dateofficers · CH01
- 2020-02-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-02-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2006-11-01➕IRSHAD, Fahmida appointedsecretary
- 2006-05-01➖IRSHAD, Fahmida resignedsecretary
- 2002-09-23🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1999-08-27🏢Company incorporatedAs EURO DISTRIBUTIONS LTD.
- 1999-08-27➕IRSHAD, Fahmida appointedsecretary
- 1999-08-27➕FIRST SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1999-08-27➖FIRST SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1999-08-27➕IRSHAD, Haseeb appointeddirector
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
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Haseeb Irshad Individual · British · DOB 03/1970 · age 56 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 01/08/2016 |
1 historic (ceased) PSC
- Mrs Fahmida Irshadceased 01/03/2021· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DART TECHNOLOGY SOLUTIONS LIMITED→ SC773731 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DRAMFOOL LTD→ SC506602 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| DUNCAN STREET LIMITED→ SC790957 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| EDINBURGH CIDER COMPANY LTD.→ SC664374 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ENETEC LIMITED→ SC566654 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| EVOLVED PYROTECHNICS UK LIMITED→ SC494648 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| EZBORDER VENTURE LTD→ SC857895 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FAYZE (UK) LIMITED→ SC453549 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| FINFLYING LTD→ SC879779 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FINN THOMSON CONSULTANCY LIMITED→ SC620611 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| FINN THOMSON WHISKIES LIMITED→ SC860807 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FIO FASHIONS LIMITED→ SC855288 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1999-08-27
Jurisdictionscotland
Primary SIC46420 — Wholesale of clothing and footwear
Registered office
Unit 27 Imex Business Centre
Dryden Road.Loanhead
Edinburgh
EH20 9LZ
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-04-27
Last: 2025-04-13
Officers (2 active · 4 resigned)
Active
IRSHAD, Haseeb→
Activedirector · ~56y · appointed 2022-02-01
View their other companies + combined net worth →
IRSHAD, Fahmida→
Resignedsecretary · appointed 1999-08-27 · resigned 2006-05-01
FIRST SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1999-08-27 · resigned 1999-08-27
IRSHAD, Haseeb→
Resigneddirector · ~56y · appointed 2021-03-19 · resigned 2022-02-01
IRSHAD, Haseeb→
Resigneddirector · ~48y · appointed 1999-08-27 · resigned 2022-02-01
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 23/09/2002 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (76 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-04
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-23
appoint-person-director-company-with-name-date
officers · AP01
2022-02-03
termination-director-company-with-name-termination-date
officers · TM01
2022-02-02
termination-director-company-with-name-termination-date
officers · TM01
2022-02-01
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-03-27