NAE BAD LIMITED

💤Zombieactive
SC656655 · ltd · incorporated 2020-03-06
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 Mar 2025
Net worth
£41.5k
book net assets
Opportunity
73/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Retail sale of clothing in specialised stores
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47820SIC 47820
  • 56101Licenced restaurants
  • 56302Public houses and bars
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 80/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 2.9y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 2.9 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £41,541
Cash YoY
-16%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£10k
↓ 16% YoY
Net Worth
£42k
↑ 26% YoY
Current Assets
£17k
↓ 38% YoY
Current Liabilities
£0£8k£17k£25k£33k£42kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£119.9k£147.5k
Current assets£16.9k£27.2k
Cash£9.8k£11.6k
Debtors£2.9k£2.8k
Net assets£41.5k£33.0k

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

🔒Filing-note intelligence

1 signal 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
2
filings
  • 1 persons-with-significant-control
  • 1 confirmation-statement
Last 90 days
2
filings
  • 1 persons-with-significant-control
  • 1 confirmation-statement
Last 180 days
3
filings
  • 1 persons-with-significant-control
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-04-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-06-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2023-06-02
    🔒
    Charge registered #1
    Lender: Michael Alexander Taylor
  6. 2023-04-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-04-12
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  8. 2023-04-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-01-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-12-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-03-02
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2020-03-06
    🏢
    Company incorporated
    As NAE BAD LIMITED
  13. 2020-03-06
    GRANT, Daniel appointed
    director
  14. 2020-03-06
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

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%
NameSharesVoting rightsNature of controlNotified
Mr Daniel Grant
Individual · Scottish · DOB 03/1995 · age 31
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/03/2020

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

Similar companies

Active · Retail · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
SKYE'S FINISHING TOUCHES LTD
SC374899 · est 2010 · no financials extracted
16y
SKYEECO LTD
SC750515 · est 2022 · no financials extracted
3y
SKYMOUNT LIMITED
SC226228 · est 2001 · no financials extracted
24y
SOUND & VISION (ELGIN) LTD.
SC244694 · est 2003 · no financials extracted
23y
SOUTH QUEENSFERRY HEALTHCARE LIMITED
SC786565 · est 2023 · no financials extracted
2y
SP DRONA LTD
SC777922 · est 2023 · no financials extracted
2y
SPEYSIDE ECO-HEAT LIMITED
SC418480 · est 2012 · no financials extracted
14y
SQUARE THINGS LIMITED
SC237739 · est 2002 · no financials extracted
23y
STRUIE HILL PRESERVES LTD
SC806658 · est 2024 · no financials extracted
2y
STUFF'D UP LTD
SC859379 · est 2025 · no financials extracted
SUMMIT STRIDE LTD
SC872021 · est 2025 · no financials extracted
SUPRAV FUELS & SHOP LIMITED
SC814088 · 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
Incorporated2020-03-06
Jurisdictionscotland
Primary SIC47710 — Retail sale of clothing in specialised stores

Registered office

21a Bezack Street Bezack Street
New Elgin
Elgin
IV30 6DP
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-25
Last: 2026-04-11

Officers (1 active · 0 resigned)

GRANT, Daniel
director · ~31y · appointed 2020-03-06
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Michael Alexander Taylor
A registered charge1 property02/06/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (18 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-06-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-24
certificate-change-of-name-company
change-of-name · CERTNM
2023-04-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-06