CELTIC TRADITIONS LTD
💤Zombieactive
SC708008 · ltd · incorporated 2021-08-28
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 Aug 2024
Net worth
£45.2k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other retail sale in non-specialised stores
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), 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: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (58/100).
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 (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £45,246
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£45k
↑ 13% YoY
Current Assets
£41k
↑ 393% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £78.7k | £41.0k |
| Current assets | £41.4k | £8.4k |
| Net assets | £45.2k | £40.1k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2025-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-02-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-08-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-12-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-12-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-12-22➕SYED, Kasim Ali Adil appointeddirector
- 2022-12-22➖SYEDA, Arshiya Fatima resigneddirector
- 2022-09-03📄change-person-director-company-with-change-dateofficers · CH01
- 2022-09-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-08-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-08-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-08-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-08-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-08-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-08-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-08-29➕SYED, Arshiya Fatima appointeddirector
- 2022-08-29➖SYED, Arshiya Fatima resigneddirector
- 2022-08-29➖SYED, Kasim Ali Adil resigneddirector
- 2022-08-29➕SYEDA, Arshiya Fatima appointeddirector
- 2022-03-07✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2021-08-28🏢Company incorporatedAs CELTIC TRADITIONS LTD
- 2021-08-28➕SYED, Kasim Ali Adil appointeddirector
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mohammad Halim Hossaini Individual · British · DOB 07/1978 · age 48 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 27/01/2025 |
Mr Kasim Ali Adil Syed Individual · British · DOB 06/1985 · age 41 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 22/12/2022 |
2 historic (ceased) PSCs
- Mrs Arshiya Fatima Syedaceased 22/12/2022· 75-100% shares · 75-100% voting
- Mr Kasim Ali Adil Syedceased 29/08/2022· 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.
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| CHAHAL OFFSALE LTD→ SC521611 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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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
Incorporated2021-08-28
Jurisdictionscotland
Primary SIC47190 — Other retail sale in non-specialised stores
Registered office
131 Canongate
Edinburgh
EH8 8BP
Scotland
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-02-17
Last: 2026-02-03
Officers (1 active · 3 resigned)
SYED, Kasim Ali Adil→
Activedirector · ~41y · appointed 2022-12-22
View their other companies + combined net worth →
SYED, Arshiya Fatima→
Resigneddirector · ~32y · appointed 2022-08-29 · resigned 2022-08-29
SYED, Kasim Ali Adil→
Resigneddirector · ~41y · appointed 2021-08-28 · resigned 2022-08-29
SYEDA, Arshiya Fatima→
Resigneddirector · ~32y · appointed 2022-08-29 · resigned 2022-12-22
Click a director name to see their full track record across all companies.
Recent filings (26 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-20
appoint-person-director-company-with-name-date
officers · AP01
2022-12-24
termination-director-company-with-name-termination-date
officers · TM01
2022-12-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-12-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-12-24
change-person-director-company-with-change-date
officers · CH01
2022-09-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-03