H C GLASGOW LIMITED

💤Zombieactive
SC597634 · ltd · incorporated 2018-05-18
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
Upgrade to see
Turnover
year to May 2025
Net worth
£8.8k
book net assets
Opportunity
76/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Retail sale of hardware, paints and glass in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red 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 £8,789
Net assets shrinking
Down £419 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£9k
↓ 4.6% YoY
Current Assets
£33k
↓ 5.0% YoY
Current Liabilities
£0£7k£14k£21k£28k£35kMay 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£28.0k£30.6k
Current assets£32.9k£34.7k
Net assets£8.8k£9.2k

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 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-05-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-05-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-02-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-05-18
    🏢
    Company incorporated
    As H C GLASGOW LIMITED
  9. 2018-05-18
    WAHEED, Abdul appointed
    director
  10. 2018-05-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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 age: Director aged approximately 67 — succession pressure is live.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 Abdul Waheed
Individual · British · DOB 10/1959 · age 67
75100%
75–100%75-100% shares · 75-100% voting18/05/2018

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Retail · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
HOUSE OF IYANU LTD
SC863163 · est 2025 · no financials extracted
HOUSE OF MUSA LIMITED
SC824502 · est 2024 · no financials extracted
1y
HOUSE OF NAV LIMITED
SC867462 · est 2025 · no financials extracted
HS DISTRIBUTORS LTD
SC546767 · est 2016 · no financials extracted
9y
HSA MPHARM LTD
SC766455 · est 2023 · no financials extracted
2y
HUBBA HUBBA LIMITED
SC717120 · est 2021 · no financials extracted
4y
HUNT VINTAGE LTD
SC662248 · est 2020 · no financials extracted
5y
HUSHMART LTD
SC758358 · est 2023 · no financials extracted
3y
HUSTO2 LTD
SC852000 · est 2025 · no financials extracted
HUZZY LTD
SC862145 · est 2025 · no financials extracted
HY TRADERS LTD
SC871471 · est 2025 · no financials extracted
HYKES ENTERPRISE COMMERCE LIMITED
SC813915 · est 2024 · no financials extracted
1y
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
Incorporated2018-05-18
Jurisdictionscotland
Primary SIC47520 — Retail sale of hardware, paints and glass in specialised stores

Registered office

215 Maryhill Road
Glasgow
G20 7XJ
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-23
Last: 2025-05-09

Officers (1 active · 0 resigned)

WAHEED, Abdul
director · ~67y · appointed 2018-05-18
View their other companies + combined net worth →
Active

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

Recent filings (15 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-08
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-21
incorporation-company
incorporation · NEWINC
2018-05-18