SAASH VENTURES LIMITED

💤Zombieactive

SC619995 · ltd · incorporated 2019-02-04

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 Feb 2022

Net worth

—

book net assets

Opportunity

54/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other retail sale in non-specialised stores

Sector: Wholesale & retail

Investor take

Pass (distressed without resilience)

Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

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

Lenders & charges

Confirmed no charges registered

Directors & officers

6 officers (2 active, 6 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

Network not yet resolved

Filing history

28 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

54/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Some acquirability indicators.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2022-02-28	2021-02-28

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (34 events)Click to expand

2023-11-03
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-11
📄
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2023-04-25
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2023-04-14
➖
AJMAL, Muhammad resigned
secretary
2023-04-14
➖
AJMAL, Muhammad resigned
director
2023-04-14
📄
dissolution-application-strike-off-company
dissolution · DS01
2023-04-14
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-04-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-04-10
➕
ALI, Haider appointed
secretary
2023-04-10
➕
ALI, Haider appointed
director
2023-04-10
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-04-10
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-04-10
📄
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2023-04-10
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2023-04-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-02-27
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-07-22
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-07-22
📄
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2022-05-12
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2022-05-11
➕
AJMAL, Muhammad appointed
secretary
2022-05-11
➖
FAROOQ, Shahid resigned
secretary
2022-05-11
➖
FAROOQ, Shahid resigned
director
2022-05-11
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-11
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2022-05-11
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2022-05-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-05-07
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2022-04-26
📄
gazette-notice-compulsory
gazette · GAZ1
2021-12-31
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-03-16
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-02-04
🏢
Company incorporated
As SAASH VENTURES LIMITED
2019-02-04
➕
FAROOQ, Shahid appointed
secretary
2019-02-04
➕
AJMAL, Muhammad appointed
director
2019-02-04
➕
FAROOQ, Shahid appointed
director

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

2 high ·

Accounts overdue

high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2023-11-30

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2023-02-17

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Haider Ali Individual · Pakistani · DOB 02/2023 · age 3	—	—	sig. influencesignificant influence · trust interest · firm interest	10/04/2023

2 historic (ceased) PSCs

Mr Muhammad Ajmalceased 10/04/2023· 50-75% shares
Mr Shahid Farooqceased 11/05/2022· significant influence · trust interest · firm interest

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

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B NO. 1 LIMITED→ SC366937 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
BETTY BEANS LIMITED→ SC410909 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
BEYOND SECURE LIMITED→ SC625557 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
BILLAS NEWSAGENTS LTD→ SC740006 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
BIOXELY LTD→ SC861186 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BLEK LTD→ SC549343 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
BLOOMBOX GIFTS LTD→ SC846804 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BLUE CAPELLA LTD→ SC848409 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BLUE ROBIN SCOT LTD→ SC844848 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
BLUE SKY MOBILITY LIMITED→ SC452411 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
BLUE TECH (SCOTLAND) LIMITED→ SC741441 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
BLUE WATER HILLS LTD→ SC844853 · est 2025 · no financials extracted	—	—	—	—	1y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

10 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

Incorporated2019-02-04

Jurisdictionscotland

Primary SIC47190 — Other retail sale in non-specialised stores

Registered office

31 St. Andrews Road

Glasgow

G41 1PF

Scotland

Filing status

Accounts

Next due: 2023-11-30OVERDUE

Last made up to: 2022-02-28

Confirmation statement

Next due: 2023-02-17OVERDUE

Last: 2022-02-03

Officers (2 active · 4 resigned)

ALI, Haider→

secretary · appointed 2023-04-10

View their other companies + combined net worth →

Active

ALI, Haider→

director · ~23y · appointed 2023-04-10

View their other companies + combined net worth →

Active

AJMAL, Muhammad→

secretary · appointed 2022-05-11 · resigned 2023-04-14

Resigned

FAROOQ, Shahid→

secretary · appointed 2019-02-04 · resigned 2022-05-11

Resigned

AJMAL, Muhammad→

director · ~50y · appointed 2019-02-04 · resigned 2023-04-14

Resigned

FAROOQ, Shahid→

director · ~51y · appointed 2019-02-04 · resigned 2022-05-11

Resigned

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

Recent filings (28 total)

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-11-03

dissolution-voluntary-strike-off-suspended

dissolution · SOAS(A)

2023-05-11

gazette-notice-voluntary

gazette · GAZ1(A)

2023-04-25

dissolution-application-strike-off-company

dissolution · DS01

2023-04-14

termination-secretary-company-with-name-termination-date

officers · TM02

2023-04-14

termination-director-company-with-name-termination-date

officers · TM01

2023-04-14

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2023-04-10

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2023-04-10

withdrawal-of-a-person-with-significant-control-statement

persons-with-significant-control · PSC09

2023-04-10

appoint-person-secretary-company-with-name-date

officers · AP03

2023-04-10

appoint-person-director-company-with-name-date

officers · AP01

2023-04-10

accounts-with-accounts-type-dormant

accounts · AA

2023-02-27

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2022-07-22

notification-of-a-person-with-significant-control-statement

persons-with-significant-control · PSC08

2022-07-22

gazette-filings-brought-up-to-date

gazette · DISS40

2022-05-12