YL TRADING LIMITED

💤Zombieactive

SC652482 · ltd · incorporated 2020-01-23

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 Dec 2024

Net worth

£35.1k

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: Wholesale of clothing and footwear

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: 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 (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, 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

5 officers (1 active, 5 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 5 total, 5 with control declared

Director network

Network not yet resolved

Filing history

32 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £35,057

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£35k

↑ 13% YoY

Current Assets

£200k

↑ 46% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£35.1k	£61.6k
Current assets	£200.1k	£136.7k
Net assets	£35.1k	£31.0k

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 (31 events)Click to expand

2025-05-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-02
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-18
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-12-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-12-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-12-18
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-12-16
➕
MENG, Yu appointed
director
2022-12-16
➖
MENG, Yu resigned
director
2022-12-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-12-16
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-12-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-12-16
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-12-15
➕
ZHANG, Li appointed
director
2022-12-15
➖
ZHANG, Li resigned
director
2022-12-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-12-15
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-12-01
➖
ZHANG, Li resigned
director
2022-09-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-09-12
➕
MENG, Yu appointed
director
2022-09-11
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-07-06
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-07-06
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-04-22
➖
MENG, Yu resigned
director
2022-04-22
📄
capital-allotment-shares
capital · SH01
2022-04-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-04-21
➕
ZHANG, Li appointed
director
2022-02-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-23
🏢
Company incorporated
As YL TRADING LIMITED
2020-01-23
➕
MENG, Yu 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

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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Yu Meng Individual · Chinese · DOB 06/1989 · age 37	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control · trust interest · firm interest	16/12/2022

4 historic (ceased) PSCs

Ms Li Zhangceased 18/12/2022· 75-100% shares · 75-100% voting · board control · trust interest · firm interest
Mr Yu Mengceased 16/12/2022· 75-100% shares
Ms Li Zhangceased 01/09/2022· 75-100% shares · board control
Mr Yu Mengceased 22/04/2022· 75-100% shares · 75-100% voting · board control

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

Similar companies

Active · Wholesale & distribution · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
WESTON IMPORTERS LTD.→ SC302951 · est 2006	£518.01M £388.51M–£647.51M	—	—	10	20y	84	58y
J GAS LIMITED→ SC274899 · est 2004	£15.28M £11.46M–£19.10M	—	—	72	21y	84	61y
BEER52 LIMITED→ SC449930 · est 2013	£13.17M £9.87M–£16.46M	—	—	84	13y	84	69y
MACINTYRE SCOTT & CO. LIMITED→ SC017592 · est 1933	£8.29M £6.21M–£10.36M	£73.38M	—	6500	92y	83	67y
NISHA ENTERPRISES LIMITED→ SC193287 · est 1999	£7.60M £5.70M–£9.51M	£13.56M	—	8100	27y	87	66y
SÜDZUCKER UNITED KINGDOM LIMITED→ SC506349 · est 2015	£3.74M £2.80M–£4.67M	—	—	800	11y	84	66y
THISTLE TIMBER AND BUILDING SUPPLIES LIMITED→ SC182761 · est 1998	£3.10M £2.32M–£3.87M	—	—	6000	28y	87	60y
SESAMI EUROPE LTD→ SC273471 · est 2004	£1.98M £1.48M–£2.47M	—	—	211	21y	83	64y
RHODAWN LIMITED→ SC096772 · est 1986	£1.34M £1.01M–£1.68M	—	—	66	40y	83	75y
VAPOTHERM UK LTD→ SC370398 · est 2009	£578.6k £433.9k–£723.2k	—	—	2000	16y	85	63y
ST. ANDREWS TIMBER & BUILDING SUPPLIES (HOLDINGS) LIMITED→ SC520551 · est 2015	£391.4k £293.6k–£489.3k	—	—	100	10y	84	60y
ORIGIN FITNESS LIMITED→ SC339149 · est 2008	£72.4k £54.3k–£90.5k	—	—	57	18y	98	59y

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

Incorporated2020-01-23

Jurisdictionscotland

Primary SIC46420 — Wholesale of clothing and footwear

Registered office

7 Nasmyth Square

Houstoun Industrial Estate

Livingston

EH54 5GG

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-08-25

Last: 2025-08-11

Officers (1 active · 4 resigned)

MENG, Yu→

director · ~37y · appointed 2022-12-16

View their other companies + combined net worth →

Active

MENG, Yu→

director · ~37y · appointed 2022-09-12 · resigned 2022-12-16

Resigned

MENG, Yu→

director · ~37y · appointed 2020-01-23 · resigned 2022-04-22

Resigned

ZHANG, Li→

director · ~37y · appointed 2022-12-15 · resigned 2022-12-15

Resigned

ZHANG, Li→

director · ~37y · appointed 2022-04-21 · resigned 2022-12-01

Resigned

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

Recent filings (32 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-09-05

accounts-with-accounts-type-micro-entity

accounts · AA

2025-05-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-08-27

accounts-with-accounts-type-micro-entity

accounts · AA

2024-03-11

confirmation-statement-with-updates

confirmation-statement · CS01

2023-09-07

accounts-with-accounts-type-micro-entity

accounts · AA

2023-08-02

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

persons-with-significant-control · PSC01

2022-12-18

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

officers · AP01

2022-12-18

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

officers · TM01

2022-12-18

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

persons-with-significant-control · PSC07

2022-12-18

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

officers · AP01

2022-12-16

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

persons-with-significant-control · PSC01

2022-12-16

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

officers · TM01

2022-12-16

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

persons-with-significant-control · PSC07

2022-12-16

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

officers · TM01

2022-12-15