SHAFAN LTD
💤Zombieactive
SC655519 · ltd · incorporated 2020-02-24
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
72/100
Strong
What this business does
Primary activity: Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company 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 (77/100)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
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 6 total, 6 with control declared
90
Director network
Network not yet resolved
30
Filing history
22 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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | — | £-56.6k |
| Current assets | — | £2.6k |
| Cash | — | £535 |
| Net assets | — | £-94.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-11-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-28➖AHMED, Arfan resigneddirector
- 2024-06-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-10➕AHMED, Arfan appointeddirector
- 2024-05-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-02-01➖HUSSAIN, Seher resigneddirector
- 2023-04-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-01-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-01-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-01-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-11-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-02-24🏢Company incorporatedAs SHAFAN LTD
- 2020-02-24➕ARSHAD, Mohammed Shabir appointedsecretary
- 2020-02-24➕ARSHAD, Mohammed Shabir appointeddirector
- 2020-02-24➕HUSSAIN, Seher appointeddirector
- 2020-02-24📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mohammed Shabir Arshad Individual · British · DOB 11/1980 · age 46 | — | — | sig. influencesignificant influence | 24/02/2020 |
5 historic (ceased) PSCs
- Mrs Seher Hussainceased 01/02/2024· significant influence
- Imaan Arshadceased 20/01/2023· significant influence
- Abida Arshadceased 01/01/2023· significant influence
- Mr Mohammed Arfan Ahmedceased 01/01/2023· significant influence
- Aishah Ahmedceased 01/01/2023· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Retail · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SM GROCERS LTD→ SC750808 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| SMART CHOSE TRADERS LTD→ SC874343 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| SMEDU LIMITED→ SC833814 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| SMITHSTONE FLOORING LTD→ SC342742 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| SMYLERS LTD→ SC852851 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SNATCHED MERCH LTD→ SC666975 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SOUKSPHERE LIMITED→ SC817681 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SPICY CUISINE LTD→ SC667657 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SPIRO TAPE LIMITED→ SC799459 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| SSTK LIMITED→ SC730386 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ST2Y LTD→ SC836478 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| STATEMENT BY CF UK LTD→ SC826201 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2020-02-24
Jurisdictionscotland
Primary SIC47240 — Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
Registered office
404 Byres Road
Glasgow
G12 8AS
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-09-19
Last: 2025-09-05
Officers (2 active · 2 resigned)
ARSHAD, Mohammed Shabir→
Activesecretary · appointed 2020-02-24
View their other companies + combined net worth →
ARSHAD, Mohammed Shabir→
Activedirector · ~46y · appointed 2020-02-24
View their other companies + combined net worth →
AHMED, Arfan→
Resigneddirector · ~44y · appointed 2024-05-10 · resigned 2024-06-28
HUSSAIN, Seher→
Resigneddirector · ~43y · appointed 2020-02-24 · resigned 2024-02-01
Click a director name to see their full track record across all companies.
Recent filings (22 total)
accounts-with-accounts-type-dormant
accounts · AA
2025-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-05
termination-director-company-with-name-termination-date
officers · TM01
2024-06-28
appoint-person-director-company-with-name-date
officers · AP01
2024-05-10
termination-director-company-with-name-termination-date
officers · TM01
2024-02-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-01-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-01-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-01-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-01-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-19