JHONSTONE CONVENIENCE STORE LTD

💤Zombieactive
SC708256 · ltd · incorporated 2021-09-01
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 steady · medium confidence
Mixed signals — 1 changes over 30 days, no clear direction yet.
  • · Filings: 13 → 14
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • Filings: 1314
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 Sept 2025
Net worth
£65.9k
book net assets
Opportunity
71/100
Strong
🔔
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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
Pursue
Strong 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: 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).

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
95
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
14 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 · FRS 102
Positive net assets
Net assets £65,944
Cash YoY
+266%
Year on year

Key financials

3 years extracted from filed iXBRL accounts
Cash
£22k
↑ 266% YoY
Net Worth
£66k
↑ 46% YoY
Current Assets
£74k
↑ 42% YoY
Current Liabilities
£0£15k£30k£45k£59k£74kSept 2023Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-302023-09-30
Total assets£77.3k£55.2k£32.6k
Current assets£74.3k£52.3k£27.6k
Cash£22.4k£6.1k£4.7k
Net assets£65.9k£45.0k£32.6k

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

🔒Filing-note intelligence

2 signals 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 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-06-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-08-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-11-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2021-11-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2021-11-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2021-11-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2021-11-01
    NAVEED, Raheel appointed
    director
  10. 2021-11-01
    IQBAL, Adeel resigned
    director
  11. 2021-09-01
    🏢
    Company incorporated
    As JHONSTONE CONVENIENCE STORE LTD
  12. 2021-09-01
    IQBAL, Adeel appointed
    director
  13. 2021-09-01
    📄
    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

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 Raheel Naveed
Individual · British · DOB 08/1982 · age 44
75100%
75-100% shares01/11/2021
1 historic (ceased) PSC
  • Mr Adeel Iqbalceased 01/11/2021· 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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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
Incorporated2021-09-01
Jurisdictionscotland
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating

Registered office

19 High Street
Johnstone
Renfrewshire
PA5 8JU
Scotland

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-12-06
Last: 2025-11-22

Officers (1 active · 1 resigned)

NAVEED, Raheel
director · ~44y · appointed 2021-11-01
View their other companies + combined net worth →
Active
IQBAL, Adeel
director · ~45y · appointed 2021-09-01 · resigned 2021-11-01
Resigned

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

Recent filings (14 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-19
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-28
appoint-person-director-company-with-name-date
officers · AP01
2021-11-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-11-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-11-22
termination-director-company-with-name-termination-date
officers · TM01
2021-11-22
incorporation-company
incorporation · NEWINC
2021-09-01