GKR RETAIL LTD

💤Zombieactive
SC697747 · ltd · incorporated 2021-05-05
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.
Why now
Window opening · high confidence
More negotiable than before — 3 signals weakening over the last 30 days.
  • · Hygiene score: 90 → 70
  • · Opportunity score: 73 → 64
  • · Bankability: 80 → 70
  • · Distress / opportunity: avoid → exceptional
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 3 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

  • ↓Opportunity score: 73 → 64
  • ↓Hygiene score: 90 → 70
  • ↓Bankability: 80 → 70
  • ·Distress / opportunity: avoid → exceptional
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£372.7k
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Distressed retail with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 5.0y

35/100
under pressure

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

  • · Charge age ~5.0 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (73/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 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
1 connected companies via shared directors
48
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £372,678

Key financials

1 year extracted from filed iXBRL accounts
Cash
£239k
Net Worth
£373k
Current Assets
£360k
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-31
Total assets£434.1k
Current assets£360.2k
Cash£239.5k
Net assets£372.7k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-15
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  3. 2025-05-09
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  4. 2025-05-09
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  5. 2025-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-02-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2024-02-23
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  9. 2023-07-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2023-07-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2023-05-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2023-02-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-09-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2022-07-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  15. 2022-03-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2022-03-11
    🔓
    Charge satisfied #1
  17. 2021-07-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2021-07-06
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 2021-05-05
    🏢
    Company incorporated
    As GKR RETAIL LTD
  20. 2021-05-05
    ➕
    ALI, Shajaz Ghaffar appointed
    director
  21. 2021-05-05
    📄
    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 5 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

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-18

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Shajaz Ghaffar Ali
Individual · British · DOB 01/1981 · age 45
75–100%
75–100%board control75-100% shares · 75-100% voting · board control05/05/2021

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 · FK postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
THE PAINT SHED LIMITED→
SC031414 · est 1956
£8.76M
£6.57M–£10.95M
£23.04M—1050070y8370y
WEB PHARMACY LIMITED→
SC361420 · est 2009
£24.1k
£18.1k–£30.2k
——8317y8451y
GRAMPIAN BLINDS LIMITED→
SC232209 · est 2002
———70024y8364y
KHALSA RETAIL LTD→
SC297040 · est 2006
———130020y8362y
ANGLING ACTIVE LIMITED→
SC194095 · est 1999
———200027y8278y
CAFE ALBERT LIMITED→
SC151077 · est 1994
———3032y8279y
DUNBAR THE JEWELLER LIMITED→
SC150912 · est 1994
——£29.5k—32y8269y
EAST BOLDON VILLAGE PHARMACY LIMITED→
SC224250 · est 2001
——£116.8k—24y8268y
FRAMED IMAGES WORKSHOPS LIMITED→
SC190202 · est 1998
——£31.2k—27y8270y
HARGREAVES RECLAMATION LIMITED→
SC246805 · est 2003
———70023y8268y
JOHN HILL BUTCHER LIMITED→
SC223783 · est 2001
——£120.7k—24y8263y
MAC AUTO ELECTRICS LIMITED→
SC109018 · est 1988
———50038y8280y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2021-05-05
Jurisdictionscotland
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating

Registered office

Unit 1 Bowhouse Hotel
Bowhouse Road
Grangemouth
FK3 0EX
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-18OVERDUE
Last: 2025-05-04

Officers (1 active · 0 resigned)

ALI, Shajaz Ghaffar→
director · ~45y · appointed 2021-05-05
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—23/02/2024—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—06/07/202111/03/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (20 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-13
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2025-05-15
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-05-09
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2025-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-27
gazette-filings-brought-up-to-date
gazette · DISS40
2023-07-26
gazette-notice-compulsory
gazette · GAZ1
2023-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-24
accounts-with-accounts-type-dormant
accounts · AA
2023-05-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-13
gazette-filings-brought-up-to-date
gazette · DISS40
2022-09-01