SABARI CONVENIENCE STORE LIMITED

💤Zombieactive

SC703553 · ltd · incorporated 2021-07-07

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: 71 → 64
· Bankability: 70 → 65
· Distress / opportunity: avoid → attractive

What changed my view

Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 1 positive.

↓Opportunity score: 71 → 64
↓Hygiene score: 90 → 70
↓Bankability: 70 → 65
↑Filings: 14 → 15
·Distress / opportunity: avoid → attractive

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 Jul 2025

Net worth

£57.3k

book net assets

Opportunity

64/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

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 65/100. 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).

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

3 years of iXBRL accounts extracted + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (1 active, 2 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

15 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

64/100Worth a look

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £57,262

Key financials

3 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£57k

↑ 66% YoY

Current Assets

£158k

↑ 279% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-07-31	2024-07-31	2023-07-31
Total assets	£88.6k	£34.5k	£29.8k
Current assets	£158.3k	£41.7k	£36.2k
Net assets	£57.3k	£34.5k	£29.8k

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

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (15 events)Click to expand

2026-04-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-06-20
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-06-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-06-20
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-06-01
➕
KANAGASINGAM, Kamalaseelan appointed
director
2022-06-01
➖
KAMALASEELAN, Kanagasingham resigned
director
2022-05-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-11-29
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-07-07
🏢
Company incorporated
As SABARI CONVENIENCE STORE LIMITED
2021-07-07
➕
KAMALASEELAN, Kanagasingham appointed
director
2021-07-07
📄
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 ·

Confirmation statement overdue

high

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

Evidence: Next due: 2026-07-04

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Kamalaseelan Kanagasingam Individual · British · DOB 02/1978 · age 48	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	01/06/2022

1 historic (ceased) PSC

Mr Kanagasingham Kamalaseelanceased 01/06/2022· 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 · Retail · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
DECORA LIMITED→ SC080155 · est 1982	£956.8k £717.6k–£1.20M	£4.97M	—	7800	43y	87	82y
BEN WYVIS KILTS LIMITED→ SC272661 · est 2004	—	—	£484.1k	—	21y	83	72y
BONK & CO. LIMITED→ SC064104 · est 1978	—	—	—	18	48y	83	65y
INVERNESS GOLF CENTRE LIMITED→ SC187445 · est 1998	—	—	£293.8k	—	27y	83	63y
PHOENIX FINDHORN C.I.C.→ SC155512 · est 1995 · no financials extracted	—	—	—	—	31y	83	70y
WE FRAME IT LTD.→ SC231494 · est 2002	—	—	£168.2k	—	24y	83	64y
AC & IC FRASER & SON LIMITED→ SC216589 · est 2001	—	—	£1.79M	—	25y	82	75y
AVCO INDUSTRIAL SUPPLIES LIMITED→ SC259260 · est 2003	—	—	£63.6k	—	22y	82	72y
BISHOPMILL PHARMACY LTD.→ SC196876 · est 1999	—	—	£615.4k	—	27y	82	68y
C.D.L.T. MANAGEMENT SERVICES LIMITED→ SC117333 · est 1989 · no financials extracted	—	—	—	—	37y	82	79y
DALLAS DESIGNS LTD→ SC319375 · est 2007	—	—	—	500	19y	82	65y
FARR END ENTERPRISES LTD.→ SC299366 · est 2006	—	—	—	200	20y	82	66y

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

Incorporated2021-07-07

Jurisdictionscotland

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

Registered office

13 Tomatin Road

Inverness

IV2 4UA

Scotland

Filing status

Accounts

Next due: 2027-04-30

Last made up to: 2025-07-31

Confirmation statement

Next due: 2026-07-04OVERDUE

Last: 2025-06-20

Officers (1 active · 1 resigned)

KANAGASINGAM, Kamalaseelan→

director · ~48y · appointed 2022-06-01

View their other companies + combined net worth →

Active

KAMALASEELAN, Kanagasingham→

director · ~48y · appointed 2021-07-07 · resigned 2022-06-01

Resigned

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

Recent filings (15 total)

accounts-with-accounts-type-micro-entity

accounts · AA

2026-04-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-08-11

accounts-with-accounts-type-micro-entity

accounts · AA

2025-04-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-08-08

accounts-with-accounts-type-micro-entity

accounts · AA

2024-04-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-07-26

accounts-with-accounts-type-micro-entity

accounts · AA

2023-05-07

confirmation-statement-with-updates

confirmation-statement · CS01

2022-06-20

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

officers · TM01

2022-06-20

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

persons-with-significant-control · PSC07

2022-06-20

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

officers · AP01

2022-06-20

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

persons-with-significant-control · PSC01

2022-06-20

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2022-05-26

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2021-11-29

incorporation-company

incorporation · NEWINC

2021-07-07