SNATCHED MERCH LTD

💤Zombieactive
SC666975 · ltd · incorporated 2020-07-09
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 Jul 2024
Net worth
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: Retail sale of clothing in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
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£0Jul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31

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
1
filing
  • 1 address
Last 90 days
1
filing
  • 1 address
Last 180 days
1
filing
  • 1 address
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-05-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-04-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-07-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-01-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-01-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-01-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2022-09-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-09-06
    MILLER, Mark resigned
    secretary
  10. 2022-09-06
    MILLER, Mark resigned
    director
  11. 2022-09-06
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2022-09-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2022-09-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2022-07-20
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2022-06-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2020-07-09
    🏢
    Company incorporated
    As SNATCHED MERCH LTD
  17. 2020-07-09
    CHAN, Jeff appointed
    secretary
  18. 2020-07-09
    CHAN, Jeff appointed
    director
  19. 2020-07-09
    MILLER, Mark appointed
    secretary
  20. 2020-07-09
    MILLER, Mark appointed
    director
  21. 2020-07-09
    📄
    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 ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-30

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Jeff Chan
Individual · Scottish · DOB 05/1989 · age 37
2550%
25–50%25-50% shares · 25-50% voting09/07/2020
1 historic (ceased) PSC
  • Mr Mark Millerceased 06/09/2022· 25-50% shares · 25-50% voting

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2020-07-09
Jurisdictionscotland
Primary SIC47710 — Retail sale of clothing in specialised stores

Registered office

The Kelvin Building Bramah Avenue
East Kilbride
Glasgow
G75 0RD
Scotland

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-07-22
Last: 2025-07-08

Officers (2 active · 2 resigned)

CHAN, Jeff
secretary · appointed 2020-07-09
View their other companies + combined net worth →
Active
CHAN, Jeff
director · ~37y · appointed 2020-07-09
View their other companies + combined net worth →
Active
MILLER, Mark
secretary · appointed 2020-07-09 · resigned 2022-09-06
Resigned
MILLER, Mark
director · ~38y · appointed 2020-07-09 · resigned 2022-09-06
Resigned

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

Recent filings (19 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-22
accounts-with-accounts-type-dormant
accounts · AA
2024-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-14
change-person-director-company-with-change-date
officers · CH01
2023-01-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-15
termination-secretary-company-with-name-termination-date
officers · TM02
2022-09-06
termination-director-company-with-name-termination-date
officers · TM01
2022-09-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-06