BASEDROP LTD
🏛️Establishedactive
SC651125 · ltd · incorporated 2020-01-10
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 Jan 2025
Net worth
£1.7k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other retail sale in non-specialised stores
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
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 102Positive net assets
Net assets £1,687
Cash YoY
+207%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£9k
↑ 207% YoY
Net Worth
£2k
↑ 666% YoY
Current Assets
£9k
↑ 207% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £1.7k | £-298 |
| Current assets | £9.1k | £3.0k |
| Cash | £9.1k | £3.0k |
| Net assets | £1.7k | £-298 |
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
7
filings
- • 3 persons-with-significant-control
- • 3 officers
- • 1 confirmation-statement
Last 180 days
7
filings
- • 3 persons-with-significant-control
- • 3 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2026-03-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-03-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-03-02📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-03-01➕IQBAL, Muhammad Zubair appointeddirector
- 2026-03-01➖IQBAL, Muhammad Zubair resigneddirector
- 2025-10-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-07-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-01📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-03-29📄gazette-notice-compulsorygazette · GAZ1
- 2021-10-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-10🏢Company incorporatedAs BASEDROP LTD
- 2020-01-10➕MAHMOOD, Wasim appointeddirector
- 2020-01-10➕IQBAL, Muhammad Zubair appointeddirector
- 2020-01-10📄incorporation-companyincorporation · NEWINC
Owner dependency
58/100
Moderate — manageable with handoverSome 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
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Muhammad Zubair Iqbal Individual · British · DOB 09/1988 · age 38 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/03/2026 |
Mr Wasim Mahmood Individual · British · DOB 01/1984 · age 42 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 10/01/2020 |
1 historic (ceased) PSC
- Mr Muhammad Zubair Iqbalceased 01/03/2026· 25-50% shares
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 →Similar companies
Active · Retail · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 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
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
Incorporated2020-01-10
Jurisdictionscotland
Primary SIC47190 — Other retail sale in non-specialised stores
Registered office
100 West George Street
Glasgow
G2 1PJ
Scotland
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-23
Last: 2026-01-09
Officers (2 active · 1 resigned)
IQBAL, Muhammad Zubair→
Activedirector · ~38y · appointed 2026-03-01
View their other companies + combined net worth →
MAHMOOD, Wasim→
Activedirector · ~42y · appointed 2020-01-10
View their other companies + combined net worth →
IQBAL, Muhammad Zubair→
Resigneddirector · ~28y · appointed 2020-01-10 · resigned 2026-03-01
Click a director name to see their full track record across all companies.
Recent filings (21 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-02
appoint-person-director-company-with-name-date
officers · AP01
2026-03-02
termination-director-company-with-name-termination-date
officers · TM01
2026-03-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-02
change-person-director-company-with-change-date
officers · CH01
2026-03-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31