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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

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 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

Lenders & charges

Confirmed no charges registered

Directors & officers

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

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

10 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

70/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-02-28	2024-02-29
Average employees	500	500

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

filings

• 2 gazette
• 1 confirmation-statement

Last 180 days

filings

• 2 gazette
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (9 events)Click to expand

2026-04-25
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2026-04-21
📄
gazette-notice-compulsory
gazette · GAZ1
2025-11-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-07
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2024-02-05
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-12
🏢
Company incorporated
As MANGATS RETAIL LTD
2023-01-12
➕
MANGAT, Chaudhry Furqan Aslam appointed
director
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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Chaudhry Furqan Aslam Mangat Individual · Pakistani · DOB 08/1977 · age 49	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	12/01/2023

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Retail · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
KAMCO RETAIL LTD→ SC355651 · est 2009	—	—	£141.0k	—	17y	83	87y
ABDUL MAJID & SON LIMITED→ SC351446 · est 2008	—	—	£7.3k	—	17y	82	65y
ADAPTOCARE LTD.→ SC197202 · est 1999	—	—	£2.00M	—	27y	82	87y
C & R SUPPLIES LIMITED→ SC223691 · est 2001	—	—	£86.7k	—	24y	82	63y
DAMN DELICIOUS LIMITED→ SC334088 · est 2007	—	—	—	1300	18y	82	60y
IMPERIAL BAR (AIRDRIE) LIMITED→ SC260090 · est 2003	—	—	£139.3k	—	22y	82	68y
KSL TRADING AND MARKETING LIMITED→ SC159770 · est 1995	—	—	£29.6k	—	30y	82	64y
MACMILLAN & SHAW GOLF SUPPLIES LIMITED→ SC233241 · est 2002	—	—	£17.7k	—	24y	82	66y
MLD ZAMBONINI LIMITED→ SC326339 · est 2007	—	—	—	—	19y	82	76y
SANDRO AND SONS LIMITED→ SC160375 · est 1995	—	—	£17.0k	—	30y	82	64y
TUITE LTD→ SC388864 · est 2010	—	—	£505	—	15y	82	62y
TYRRELLS OF BURNBANK LIMITED→ SC317554 · est 2007	—	—	£317.6k	—	19y	82	62y

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

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