MKA COMMERCIAL LIMITED
🌳Matureactive
SC308296 · ltd · incorporated 2006-09-08
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 18.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 73-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (83/100, director aged 73). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
6 live charges · 2 lenders · oldest 18.8y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 18.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 3700 | 3700 |
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
1
filing
- • 1 confirmation-statement
Last 180 days
4
filings
- • 2 mortgage
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2025-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-12-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-05🔓Charge satisfied #4
- 2025-12-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-02🔓Charge satisfied #2
- 2025-10-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-07🔒Charge registered #6Lender: Together Commercial Finance Limited
- 2025-09-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-01🔒Charge registered #5Lender: Together Commercial Finance Limited
- 2025-08-29🔒Charge registered #4Lender: Together Commercial Finance Limited
- 2025-08-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-07🔓Charge satisfied #1
- 2025-07-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-01-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-01-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-09-21🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2008-04-05➖FAROOQ, Shahid resigneddirector
- 2007-10-16➕FAROOQ, Shahid appointeddirector
- 2007-10-02🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2007-07-04🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2006-09-08🏢Company incorporatedAs MKA COMMERCIAL LIMITED
- 2006-09-08➕ASHRAF, Kishwar appointedsecretary
- 2006-09-08➕ASHRAF, Asif appointeddirector
- 2006-09-08➕ASHRAF, Mohammed appointeddirector
- 2006-09-08➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2006-09-08➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2006-09-08➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2006-09-08➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
91/100
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 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
89/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 20 years.
- secondaryStable-but-static management: Company is 20 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
2 med ·3 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2025-10-07: A registered charge; 2025-09-01: A registered charge; 2025-08-29: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Asif Ashraf Individual · British · DOB 02/1979 · age 47 | — | — | sig. influencesignificant influence | 01/07/2016 |
3 historic (ceased) PSCs
- Mohammed Ashrafceased 29/01/2025· 25-50% shares
- Kishwar Ashrafceased 29/01/2025· 25-50% shares
- Rehana Ashrafceased 29/01/2025· 25-50% 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 · Retail · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| KST PHARM LTD→ SC375579 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| MA TRADING SCOT LIMITED→ SC597778 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| MAILEY'S MARKET LTD→ SC841584 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MCMINNS PHARMACY LTD→ SC767436 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MDS SINGH LTD→ SC688695 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| MEGAVALUE DISTRIBUTION LTD→ SC788867 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MINSU LTD→ SC854440 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MOBICREST LTD→ SC880744 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MOBILE ZONE (SCOT) LTD→ SC597956 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| MONTROSE RETAIL LTD→ SC668967 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| MPS COMMERCE LTD→ SC797107 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| MR COOL LIMITED→ SC519997 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2006-09-08
Jurisdictionscotland
Primary SIC47240 — Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
Registered office
349 Shields Road
Motherwell
ML1 2LD
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-12
Last: 2026-01-29
Officers (3 active · 3 resigned)
Active
ASHRAF, Asif→
Activedirector · ~47y · appointed 2006-09-08
View their other companies + combined net worth →
ASHRAF, Mohammed→
Activedirector · ~73y · appointed 2006-09-08
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2006-09-08 · resigned 2006-09-08
FAROOQ, Shahid→
Resigneddirector · ~51y · appointed 2007-10-16 · resigned 2008-04-05
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2006-09-08 · resigned 2006-09-08
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
3
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 07/10/2025 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | — | 01/09/2025 | — | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 29/08/2025 | 05/12/2025 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 21/09/2011 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 02/10/2007 | 02/12/2025 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 04/07/2007 | 07/08/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (71 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-17
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-05
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-02
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-30