PUREWAL ENTERPRISES LIMITED

💤Zombieactive
SC269580 · ltd · incorporated 2004-06-21
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
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Turnover
year to Mar 2025
Net worth
£1.19M
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pursue
Asset-holding vehicle with a 75-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (93/100, director aged 75). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

9 live charges · 4 lenders · oldest 18.4y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 18.4 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,190,007
Cash YoY
-36%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£64k
↓ 36% YoY
Net Worth
£1.2m
↑ 12% YoY
Current Assets
Current Liabilities
£0£238k£476k£714k£952k£1.2mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£1.55M£1.53M
Cash£64.3k£100.5k
Net assets£1.19M£1.07M

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 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2025-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-09-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-09-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2020-09-02
    🔓
    Charge satisfied #4
  9. 2020-08-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2020-08-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2020-08-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2020-08-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2020-08-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2020-08-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2020-08-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2020-08-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2020-08-08
    🔓
    Charge satisfied #8
  18. 2020-08-08
    🔓
    Charge satisfied #7
  19. 2020-08-08
    🔓
    Charge satisfied #6
  20. 2020-08-08
    🔓
    Charge satisfied #5
  21. 2020-08-08
    🔓
    Charge satisfied #2
  22. 2020-08-08
    🔓
    Charge satisfied #9
  23. 2020-08-08
    🔓
    Charge satisfied #3
  24. 2020-08-08
    🔓
    Charge satisfied #1
  25. 2019-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2014-07-02
    PUREWAL, Mandeep Kaur resigned
    secretary
  27. 2008-02-19
    🔒
    Charge registered #8
    Lender: Clydesdale Bank PLC
  28. 2008-02-19
    🔒
    Charge registered #7
    Lender: Clydesdale Bank PLC
  29. 2008-02-19
    🔒
    Charge registered #6
    Lender: Clydesdale Bank PLC
  30. 2008-02-19
    🔒
    Charge registered #5
    Lender: Clydesdale Bank PLC
  31. 2008-02-19
    🔒
    Charge registered #2
    Lender: Other
  32. 2008-02-18
    🔒
    Charge registered #9
    Lender: Cathay (Scotland) Limited
  33. 2008-02-18
    🔒
    Charge registered #4
    Lender: Cathay (Scotland) Limited
  34. 2008-02-18
    🔒
    Charge registered #3
    Lender: Other
  35. 2007-12-14
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  36. 2004-06-21
    🏢
    Company incorporated
    As PUREWAL ENTERPRISES LIMITED
  37. 2004-06-21
    PUREWAL, Makhan Singh appointed
    director
  38. 2004-06-21
    PUREWAL, Mandeep Kaur appointed
    secretary
  39. 2004-06-21
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  40. 2004-06-21
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  41. 2004-06-21
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  42. 2004-06-21
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "PUREWAL" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple 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%
NameSharesVoting rightsNature of controlNotified
Mr Makhan Singh Purewal
Individual · British · DOB 05/1951 · age 75
75100%
75–100%75-100% shares · 75-100% voting01/07/2016

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 →

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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
Incorporated2004-06-21
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

Radleigh House
1, Golf Road
Clarkston
Glasgow
G76 7HU

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-24
Last: 2026-04-10

Officers (1 active · 3 resigned)

PUREWAL, Makhan Singh
director · ~75y · appointed 2004-06-21
View their other companies + combined net worth →
Active
PUREWAL, Mandeep Kaur
secretary · appointed 2004-06-21 · resigned 2014-07-02
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2004-06-21 · resigned 2004-06-21
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2004-06-21 · resigned 2004-06-21
Resigned

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

Mortgages & charges

9
Total charges
0
Outstanding
0
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property19/02/200808/08/2020
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security2 properties19/02/200808/08/2020
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property19/02/200808/08/2020
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property19/02/200808/08/2020
satisfied
Other
Floating charge standard security1 property19/02/200808/08/2020
satisfied
Cathay (Scotland)
Cathay (Scotland) Limited
Standard security1 property18/02/200808/08/2020
satisfied
Cathay (Scotland)
Cathay (Scotland) Limited
Standard security1 property18/02/200802/09/2020
satisfied
Other
Standard security2 properties18/02/200808/08/2020
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property14/12/200708/08/2020

Recent filings (72 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-14
mortgage-satisfy-charge-full
mortgage · MR04
2020-09-02
mortgage-satisfy-charge-full
mortgage · MR04
2020-08-08