CLYDE BAKERY LIMITED

💤Zombieactive
SC622696 · ltd · incorporated 2019-02-27
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 2025
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
ALSO REGISTERED FOR
  • 10890SIC 10890
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

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, 2 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 (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29

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

🔒Filing-note intelligence

2 signals 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 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-09-30
    ALMAFALANI, Samir resigned
    director
  4. 2025-06-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-06-01
    ALMAFALANI, Samir appointed
    director
  6. 2025-05-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2024-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-05-31
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2023-05-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2022-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-10-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2021-10-07
    BAKRI, Imad Ahmad resigned
    director
  14. 2021-06-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-06-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2021-05-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2021-05-15
    ALMAFALANI, Samir resigned
    director
  18. 2021-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2020-01-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2020-01-28
    BAKRI, Imad Ahmad appointed
    director
  21. 2019-07-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2019-02-27
    🏢
    Company incorporated
    As CLYDE BAKERY LIMITED
  23. 2019-02-27
    ASSADI, Janine Susan appointed
    director
  24. 2019-02-27
    ALMAFALANI, Samir appointed
    director
  25. 2019-02-27
    📄
    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

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-03-22

Group structure

Boomerang Limited holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
Boomerang Limited
Corporate parent · holds 50-75% shares · board control
majority
CLYDE BAKERY LIMITED
This company · SC622696

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Boomerang Limited
Corporate entity
5075%
50–75%board control50-75% shares · 50-75% voting · board control28/02/2025
Mrs Janine Susan Assadi
Individual · British · DOB 12/1982 · age 44
2550%
25–50%board control25-50% shares · 25-50% voting · board control27/02/2019
2 historic (ceased) PSCs
  • Mr Samir Almafalaniceased 16/04/2021· 25-50% shares · 25-50% voting · board control
  • Mr Imad Bakriceased 05/07/2019· 25-50% shares · 25-50% voting · board control

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

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
Incorporated2019-02-27
Jurisdictionscotland
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes

Registered office

20 Forth Street
Glasgow
G41 2SS
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-03-22OVERDUE
Last: 2025-03-08

Officers (1 active · 3 resigned)

ASSADI, Janine Susan
director · ~44y · appointed 2019-02-27
View their other companies + combined net worth →
Active
ALMAFALANI, Samir
director · ~42y · appointed 2025-06-01 · resigned 2025-09-30
Resigned
ALMAFALANI, Samir
director · ~42y · appointed 2019-02-27 · resigned 2021-05-15
Resigned
BAKRI, Imad Ahmad
director · ~71y · appointed 2020-01-28 · resigned 2021-10-07
Resigned

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

Recent filings (25 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-28
termination-director-company-with-name-termination-date
officers · TM01
2025-10-27
appoint-person-director-company-with-name-date
officers · AP01
2025-06-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-05-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
gazette-filings-brought-up-to-date
gazette · DISS40
2023-05-31
gazette-notice-compulsory
gazette · GAZ1
2023-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-18
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-08
termination-director-company-with-name-termination-date
officers · TM01
2021-10-15
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-15