NASCO RETAIL LIMITED
- · Investment thesis: well_run_hard_buy → unclassified
- · Hygiene score: 90 → 70
- · Opportunity score: 78 → 69
- · Bankability: 80 → 70
- · 3 recent signals weakening vs 0 strengthening
Picture worsened over the last 30 days — 3 negative signals vs 0 positive.
- ·Investment thesis: well_run_hard_buy → unclassified
- ↓Opportunity score: 78 → 69
- ↓Hygiene score: 90 → 70
- ↓Bankability: 80 → 70
- ·Distress / opportunity: avoid → exceptional
No snapshot from 90 days ago — start tracking from today.
No snapshot from 180 days ago — start tracking from today.
Opportunity 69/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (63/100).
Refinance opportunity
1 live charge · oldest 18.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 18.9 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 (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £359.1k | £501.0k |
| Current assets | £376.1k | £360.9k |
| Cash | £57.8k | £78.9k |
| Net assets | £344.9k | £470.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (25 events)Click to expand
- 2025-10-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-06-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-10-23➖ALI, Nasir resigneddirector
- 2023-10-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-10-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-10-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-01-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-10-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-05-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-04-13📄gazette-filings-brought-up-to-dategazette · DISS40
- 2019-01-17📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2019-01-08📄gazette-notice-compulsorygazette · GAZ1
- 2018-08-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-01-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-01-04📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2007-08-29🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2006-04-06🏢Company incorporatedAs NASCO RETAIL LIMITED
- 2006-04-06➕ALI, Shahid Iqbal appointedsecretary
- 2006-04-06➕ALI, Rahana appointeddirector
- 2006-04-06➕ALI, Shahid Iqbal appointeddirector
- 2006-04-06➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2006-04-06➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2006-04-06➕ALI, Nasir appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-07-14
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Shahid Iqbal Ali Individual · British · DOB 07/1970 · age 56 | — | — | sig. influencesignificant influence | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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|---|---|---|---|---|---|---|---|
| BROOMHALL LIMITED→ SC183103 · est 1998 | — | — | — | 29 | 28y | 83 | 63y |
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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 →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
Registered office
Filing status
Officers (3 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 29/08/2007 | — |