LEVANT LTD.
🌳Matureactive
SC249865 · ltd · incorporated 2003-05-21
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£475.7k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: asset-holding vehicle with exceptional profile and bankable structure.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -37% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 22.5y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (78/100)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
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
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 £475,734
Net assets shrinking
Down £107,411 YoY
Cash YoY
-37%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£267k
↓ 37% YoY
Net Worth
£476k
↓ 18% YoY
Current Assets
£729k
↓ 1.4% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £487.0k | £599.3k |
| Current assets | £728.7k | £739.2k |
| Cash | £266.6k | £420.0k |
| Debtors | £338.1k | £201.2k |
| Net assets | £475.7k | £583.1k |
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 (26 events)Click to expand
- 2025-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-09-18🔓Charge satisfied #1
- 2023-07-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-12📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-10-12📄change-person-director-company-with-change-dateofficers · CH01
- 2022-10-12📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-05-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-05-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2003-10-30🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2003-05-21🏢Company incorporatedAs LEVANT LTD.
- 2003-05-21➕SHERGILL, Jasvinder appointedsecretary
- 2003-05-21➕SHERGILL, Jasvinder appointeddirector
- 2003-05-21➕SHERGILL, Manjit Kaur appointeddirector
- 2003-05-21➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2003-05-21➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2003-05-21➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2003-05-21➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
84/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jasvinder Shergill Individual · British · DOB 06/1968 · age 58 | — | — | sig. influencesignificant influence | 06/04/2016 |
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
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|---|---|---|---|---|---|---|---|
| HS TRADERS PAISLEY LTD→ SC777823 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| IULIANPATACHE LTD→ SC863635 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| JULORWIN LIMITED→ SC336823 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| KINTYRE WEIGH C.I.C.→ SC733020 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| L & C ASSETS LTD→ SC774371 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| M. CAMERON MARINE SERVICES LTD→ SC594593 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| MACKAY'S IRONMONGERS LTD→ SC558667 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| MACLEOD (RIVERSIDE) LIMITED→ SC165363 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| MANIS NEWS LTD→ SC427262 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| MARSHALL’S INTERIORS JOHNSTONE LTD→ SC809852 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MATERIAL THINGS GREENOCK LIMITED→ SC499551 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| MAY 1 LTD→ SC693597 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2003-05-21
Jurisdictionscotland
Primary SIC47730 — Dispensing chemist in specialised stores
Registered office
57 Ivanhoe Road
Paisley
PA2 0JZ
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-06-04
Last: 2025-05-21
Officers (3 active · 2 resigned)
SHERGILL, Jasvinder→
Activesecretary · appointed 2003-05-21
View their other companies + combined net worth →
SHERGILL, Jasvinder→
Activedirector · ~58y · appointed 2003-05-21
View their other companies + combined net worth →
SHERGILL, Manjit Kaur→
Activedirector · ~57y · appointed 2003-05-21
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2003-05-21 · resigned 2003-05-21
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2003-05-21 · resigned 2003-05-21
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 30/10/2003 | 18/09/2023 |
Recent filings (59 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-21
mortgage-satisfy-charge-full
mortgage · MR04
2023-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-22
change-person-secretary-company-with-change-date
officers · CH03
2022-10-12
change-person-director-company-with-change-date
officers · CH01
2022-10-12
change-person-director-company-with-change-date
officers · CH01
2022-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-30