WEST LOTHIAN RETAIL LTD

🌳Matureactive
SC471868 · ltd · incorporated 2014-03-07
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
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-6.5k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -50% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (80/100)

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 (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £6,461
Net assets shrinking
Down £70,704 YoY
Cash draining
Cash down 50% YoY
Cash YoY
-50%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£44k
↓ 50% YoY
Net Worth
-£6k
↓ 110% YoY
Current Assets
£195k
↓ 28% YoY
Current Liabilities
—
-£6k£49k£104k£159k£214k£269kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£90.8k£149.8k
Current assets£195.0k£269.1k
Cash£44.4k£88.5k
Debtors£3.0k£5.4k
Net assets£-6.5k£64.2k

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
1
filing
  • • 1 confirmation-statement
Last 180 days
3
filings
  • • 1 confirmation-statement
  • • 1 accounts
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-11-21
    ➕
    SHOKAT, Farzana appointed
    director
  3. 2025-11-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-03-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-07-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-06-30
    ➖
    SHOKAT, Farzana resigned
    director
  9. 2022-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-09-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2022-04-06
    ➕
    SHOKAT, Farzana appointed
    director
  12. 2021-12-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2016-12-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2016-04-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2014-06-01
    ➕
    MOHAMMED, Shokat Ali appointed
    director
  20. 2014-05-31
    ➖
    MOHAMMED, Shokat Ali resigned
    director
  21. 2014-03-07
    🏢
    Company incorporated
    As WEST LOTHIAN RETAIL LTD
  22. 2014-03-07
    ➕
    MOHAMMED, Shokat Ali appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

41/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Shokat Ali Mohammed
Individual · British · DOB 01/1977 · age 49
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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——200019y8363y
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——140016y8861y
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——7527y8577y
FESTIVAL FRINGE TRADING LIMITED→
SC130813 · est 1991
£497.4k
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——035y8577y
DRINX.COM LIMITED→
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——£353.7k—26y8363y
GLASGOW ARCHITECTURAL SALVAGE LIMITED→
SC248258 · est 2003 · no financials extracted
————23y8358y
GLENTERRIN LIMITED→
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———710037y8364y
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————43y8360y
NGS TRADING COMPANY LIMITED→
SC312797 · est 2006 · no financials extracted
————19y8368y
PLANET FLOWERS LTD.→
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——£208.8k—25y8378y
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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
Incorporated2014-03-07
Jurisdictionscotland
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating

Registered office

33 North Bridge Street
Bathgate
West Lothian
EH48 4PJ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-20
Last: 2026-03-06

Officers (2 active · 2 resigned)

MOHAMMED, Shokat Ali→
director · ~49y · appointed 2014-06-01
View their other companies + combined net worth →
Active
SHOKAT, Farzana→
director · ~49y · appointed 2025-11-21
View their other companies + combined net worth →
Active
MOHAMMED, Shokat Ali→
director · ~49y · appointed 2014-03-07 · resigned 2014-05-31
Resigned
SHOKAT, Farzana→
director · ~49y · appointed 2022-04-06 · resigned 2023-06-30
Resigned

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

Recent filings (31 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-30
appoint-person-director-company-with-name-date
officers · AP01
2025-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-29
termination-director-company-with-name-termination-date
officers · TM01
2023-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-30
appoint-person-director-company-with-name-date
officers · AP01
2022-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-17