MANGATS RETAIL LTD

💤Zombieactive
SC755098 · ltd · incorporated 2023-01-12
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 Feb 2025
Net worth
book net assets
Opportunity
70/100
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: active trading company with strong profile and acceptable with review structure.

Opportunity 70/100 (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: 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
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
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red 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£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Average employees500500

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

Recent activity

Last 30 days
3
filings
  • 2 gazette
  • 1 confirmation-statement
Last 90 days
3
filings
  • 2 gazette
  • 1 confirmation-statement
Last 180 days
4
filings
  • 2 gazette
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2026-04-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-04-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-10-07
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  6. 2024-02-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-01-12
    🏢
    Company incorporated
    As MANGATS RETAIL LTD
  8. 2023-01-12
    MANGAT, Chaudhry Furqan Aslam appointed
    director
  9. 2023-01-12
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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.
  • +Founder name in company name: Company name contains director surname "MANGAT" — strong identity link between founder and business.

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 Chaudhry Furqan Aslam Mangat
Individual · Pakistani · DOB 08/1977 · age 49
75100%
75–100%board control75-100% shares · 75-100% voting · board control12/01/2023

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 →
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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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2023-01-12
Jurisdictionscotland
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating

Registered office

125 Main Street
Coatbridge
ML5 3EG
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-01-25
Last: 2026-01-11

Officers (1 active · 0 resigned)

MANGAT, Chaudhry Furqan Aslam
director · ~49y · appointed 2023-01-12
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-22
gazette-notice-compulsory
gazette · GAZ1
2026-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-07
change-account-reference-date-company-previous-extended
accounts · AA01
2024-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-05
incorporation-company
incorporation · NEWINC
2023-01-12