VALUE STORES (SCOTLAND) LIMITED

💤Zombieactive
SC619038 · ltd · incorporated 2019-01-23
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 Mar 2025
Net worth
£160.4k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Other retail sale in non-specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -49% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (76/100)

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
3 officers (2 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
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
Positive net assets
Net assets £160,352
Cash draining
Cash down 49% YoY
Cash YoY
-49%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£88k
↓ 49% YoY
Net Worth
£160k
↑ 8.8% YoY
Current Assets
£220k
↓ 17% YoY
Current Liabilities
—
£0£53k£107k£160k£213k£267kMar 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£185.9k£172.8k
Current assets£220.2k£266.7k
Cash£88.4k£172.4k
Debtors£71.5k£34.0k
Net assets£160.4k£147.4k

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
0
filings
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-01-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-02-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-03-08
    ➕
    CLOUD ACCOUNTING SPECIALISTS LIMITED appointed
    corporate-secretary
  8. 2021-03-08
    ➖
    J MCNALLY LIMITED resigned
    corporate-secretary
  9. 2021-03-08
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  10. 2021-03-08
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2021-01-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-02-27
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  13. 2019-01-23
    🏢
    Company incorporated
    As VALUE STORES (SCOTLAND) LIMITED
  14. 2019-01-23
    ➕
    GHAFFAR, Mohammed Akram appointed
    director
  15. 2019-01-23
    ➕
    J MCNALLY LIMITED appointed
    corporate-secretary
  16. 2019-01-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • 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 Mohammed Akram Ghaffar
Individual · British · DOB 11/1993 · age 33
75–100%
75–100%board control75-100% shares · 75-100% voting · board control23/01/2019

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2019-01-23
Jurisdictionscotland
Primary SIC47190 — Other retail sale in non-specialised stores

Registered office

Office 8, Caledonia Business Centre
Evanton Drive
Glasgow
G46 8JT
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-05
Last: 2026-01-22

Officers (2 active · 1 resigned)

CLOUD ACCOUNTING SPECIALISTS LIMITED→
corporate-secretary · appointed 2021-03-08
View their other companies + combined net worth →
Active
GHAFFAR, Mohammed Akram→
director · ~33y · appointed 2019-01-23
View their other companies + combined net worth →
Active
J MCNALLY LIMITED→
corporate-secretary · appointed 2019-01-23 · resigned 2021-03-08
Resigned

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

Recent filings (18 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-09
appoint-corporate-secretary-company-with-name-date
officers · AP04
2021-03-08
termination-secretary-company-with-name-termination-date
officers · TM02
2021-03-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-22