MELROSE AVENUE STORES LTD

💤Zombieactive
SC757309 · ltd · incorporated 2023-02-01
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 opening · high confidence
More negotiable than before — 3 signals weakening over the last 30 days.
  • · Deal-killer verdict: workable → complicated
  • · Hygiene score: 70 → 60
  • · PSC count: 1 → 0
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 3 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

  • Deal-killer verdict: workablecomplicated
  • Hygiene score: 7060
  • PSC count: 10
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
58/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 58/100 (worth a look), bankability 60/100. 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: low (47/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

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
No charge records returned
50
Directors & officers
No officers data
0
Ownership & PSC
No PSC data returned
40
Director network
Network not yet resolved
30
Filing history
No filing history
0
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
70
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
Metric2025-02-282024-02-28

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

Corporate timeline (1 events)Click to expand
  1. 2023-02-01
    🏢
    Company incorporated
    As MELROSE AVENUE STORES LTD

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

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: 2026-02-14

Similar companies

Active · Retail · PA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
COWAL BUILDING & PLUMBING SUPPLIES LIMITED
SC080544 · est 1982
£199.8k
£149.9k£249.8k
7443y8575y
GUITAR GUITAR LIMITED
SC247523 · est 2003 · no financials extracted
23y8375y
INVERCOAST LIMITED
SC273412 · est 2004
8521y8359y
ALDERGREEN LIMITED
SC391318 · est 2011
215y8259y
ANGELLINE (SCOTLAND) LTD.
SC385592 · est 2010
015y8261y
ARMYCHAP LIMITED
SC274762 · est 2004
021y8261y
BLAIRMORE HERITAGE LIMITED
SC263059 · est 2004
£35.6k22y8272y
BOWMORE FILLING STATION LIMITED
SC259944 · est 2003
£208.8k22y8264y
CLYDE PHARMACY LIMITED
SC273095 · est 2004
1121y8261y
COMMERCIAL & INDUSTRIAL CLEANING SUPPLIES LIMITED
SC292909 · est 2005 · no financials extracted
20y8262y
DALLAS CARPETS SCOTLAND LTD.
SC239903 · est 2002
£467.7k23y8260y
GRAMPIAN SPORTS LIMITED
SC038433 · est 1963 · no financials extracted
63y8264y
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
Incorporated2023-02-01
Jurisdictionscotland
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

75 Nethergreen Crescent
Renfrew
PA4 8HU
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-02-14OVERDUE
Last: 2025-01-31