STATR LIMITED

🌳Matureactive
SC267936 · ltd · incorporated 2004-05-14
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
year to May 2025
Net worth
£193.4k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Retail sale of hardware, paints and glass in specialised stores
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Distressed retail with salvageable qualities — special-situations priority.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 67). 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 (65/100).

Data confidence

Overall: high (81/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
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 £193,395
Net assets shrinking
Down £14,897 YoY
Cash YoY
-26%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↓ 26% YoY
Net Worth
£193k
↓ 7.2% YoY
Current Assets
£439k
~ YoY
Current Liabilities
£0£88k£176k£264k£351k£439kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£194.4k£229.3k
Current assets£439.3k£435.0k
Cash£1.5k£2.1k
Debtors£5.6k£26.5k
Net assets£193.4k£208.3k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-02-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2022-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-02-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-07-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2018-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-03-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-02-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-08-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-07-09
    📄
    accounts-amended-with-accounts-type-total-exemption-small
    accounts · AAMD
  16. 2004-05-14
    🏢
    Company incorporated
    As STATR LIMITED
  17. 2004-05-14
    NABI, Ghulam appointed
    secretary
  18. 2004-05-14
    AHMED, Abdul Sittar appointed
    director
  19. 2004-05-14
    BHATTARAI, Uddhab appointed
    director
  20. 2004-05-14
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  21. 2004-05-14
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

Owner dependency

83/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

81/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-05-09

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Abdul Sittar Ahmed
Individual · British · DOB 11/1964 · age 62
5075%
50-75% shares01/08/2016
Mr Uddhab Bhattarai
Individual · Nepalese · DOB 11/1959 · age 67
2550%
25–50%25-50% shares · 25-50% voting01/06/2018

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2004-05-14
Jurisdictionscotland
Primary SIC47520 — Retail sale of hardware, paints and glass in specialised stores

Registered office

C/O Ahmed & Nabi-Mcmullan Accoun
95/107 Lancefield Street
Glasgow
G3 8HZ

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-09OVERDUE
Last: 2025-04-25

Officers (3 active · 1 resigned)

NABI, Ghulam
secretary · appointed 2004-05-14
View their other companies + combined net worth →
Active
AHMED, Abdul Sittar
director · ~62y · appointed 2004-05-14
View their other companies + combined net worth →
Active
BHATTARAI, Uddhab
director · ~67y · appointed 2004-05-14
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2004-05-14 · resigned 2004-05-14
Resigned

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

Recent filings (49 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-25
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-03-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-20