PREMIER FOODSTORE LIMITED
💤Zombieactive
SC232013 · ltd · incorporated 2002-05-24
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 Dec 2024
Net worth
£1
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 46170
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 8.7y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
10 officers (1 active, 10 linked, 7 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1
Net assets shrinking
Down £77,627 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£1
↓ 100% YoY
Current Assets
£1
↓ 100% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-10 | 2023-12-10 |
|---|---|---|
| Total assets | £1 | £98.7k |
| Current assets | £1 | £34.5k |
| Net assets | £1 | £77.6k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2025-10-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-10-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-15➖AKBAR, Nadeem resigneddirector
- 2025-05-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-04-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-16➕AKBAR, Nadeem appointeddirector
- 2025-04-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-19📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2024-06-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-04📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-04-30📄gazette-notice-compulsorygazette · GAZ1
- 2024-01-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-07-08📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-07-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-27📄gazette-notice-compulsorygazette · GAZ1
- 2022-10-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-09-27➖BUTT, Jahangir Ahmed resigneddirector
- 2022-09-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-02-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-08-01➕MEHMOOD, Salman appointeddirector
- 2019-08-01➖JAHANGIR, Madiha resigneddirector
- 2017-08-23🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2015-12-21➖JAHANGIR, Iqra resigneddirector
- 2013-04-20➕JAHANGIR, Madiha appointeddirector
- 2013-04-06➕JAHANGIR, Iqra appointeddirector
- 2011-10-01➖HUSSAIN, Mumtaz resignedsecretary
- 2010-05-13➖HUSSAIN, Mumtaz resigneddirector
- 2010-05-13➖HUSSAIN, Rukhsana resigneddirector
- 2007-04-06➕BUTT, Jahangir Ahmed appointeddirector
- 2002-06-11➕HUSSAIN, Mumtaz appointedsecretary
- 2002-06-11➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2002-06-11➕HUSSAIN, Mumtaz appointeddirector
- 2002-06-11➕HUSSAIN, Rukhsana appointeddirector
- 2002-06-11➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
- 2002-05-24🏢Company incorporatedAs PREMIER FOODSTORE LIMITED
- 2002-05-24➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2002-05-24➕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
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 24 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Salman Mehmood Individual · British · DOB 12/1994 · age 32 | 75–100% | — | 75-100% shares | 01/10/2022 |
1 historic (ceased) PSC
- Mr Jahangir Ahmed Buttceased 27/09/2022· 75-100% shares
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 · Wholesale & distribution · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| TERRAPIN TRADING LTD→ SC546838 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| THE AGED WOOD COMPANY LTD→ SC834831 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| THE ARABICA BEAN COFFEE COMPANY LTD→ SC844495 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| THE BOTTLERS LIMITED→ SC229042 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| THE EDINBURGH WHISKY BOND LIMITED→ SC661915 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| THE LONGHUI UK LTD→ SC356822 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| THE RASCALLION SPIRITS COMPANY LIMITED→ SC818179 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| THE SPIRITED BOND LTD→ SC672222 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| THE WHISKY HIGHBALL COMPANY LTD→ SC874662 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| TIBEX TRADE LIMITED→ SC809909 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| TICKETS SCOTLAND LIMITED→ SC177494 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| TIKHANO LTD→ SC868699 · 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
Incorporated2002-05-24
Jurisdictionscotland
Primary SIC46170 — SIC 46170
Registered office
3 3 Lochrin Place
Edinburgh
Midlothian
EH3 9QX
Scotland
Filing status
Accounts
Next due: 2026-09-10
Last made up to: 2024-12-10
Confirmation statement
Next due: 2026-08-04
Last: 2025-07-21
Officers (1 active · 9 resigned)
MEHMOOD, Salman→
Activedirector · ~32y · appointed 2021-08-01
View their other companies + combined net worth →
HUSSAIN, Mumtaz→
Resignedsecretary · appointed 2002-06-11 · resigned 2011-10-01
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-05-24 · resigned 2002-06-11
AKBAR, Nadeem→
Resigneddirector · ~55y · appointed 2025-04-16 · resigned 2025-07-15
BUTT, Jahangir Ahmed→
Resigneddirector · ~58y · appointed 2007-04-06 · resigned 2022-09-27
HUSSAIN, Mumtaz→
Resigneddirector · ~56y · appointed 2002-06-11 · resigned 2010-05-13
HUSSAIN, Rukhsana→
Resigneddirector · ~52y · appointed 2002-06-11 · resigned 2010-05-13
JAHANGIR, Iqra→
Resigneddirector · ~32y · appointed 2013-04-06 · resigned 2015-12-21
JAHANGIR, Madiha→
Resigneddirector · ~34y · appointed 2013-04-20 · resigned 2019-08-01
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 2002-05-24 · resigned 2002-06-11
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 Royal Bank of Scotland PLC | A registered charge | — | 23/08/2017 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (90 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-21
termination-director-company-with-name-termination-date
officers · TM01
2025-07-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-09
appoint-person-director-company-with-name-date
officers · AP01
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-16
change-account-reference-date-company-current-shortened
accounts · AA01
2025-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-04
gazette-filings-brought-up-to-date
gazette · DISS40
2024-05-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-01
gazette-notice-compulsory
gazette · GAZ1
2024-04-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-08