ZHI MEI 88 LTD

💤Zombieactive
SC766642 · ltd · incorporated 2023-04-19
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 Apr 2025
Net worth
book net assets
Opportunity
62/100
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: Take-away food shops and mobile food stands
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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: medium (76/100)

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
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth 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
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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£871£2k£3k£3k£4kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£4.1k
Current assets£4.4k
Net assets£921
Average employees300

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

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 accounts
Last 180 days
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-04-20
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2026-04-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-04-19
    🏢
    Company incorporated
    As ZHI MEI 88 LTD
  6. 2023-04-19
    SHI, Hong Qing appointed
    director
  7. 2023-04-19
    📄
    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

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: 2026-05-02

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Hong Qing Shi
Individual · Chinese · DOB 02/1984 · age 42
75100%
75–100%board control75-100% shares · 75-100% voting · board control19/04/2023

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

Similar companies

Active · Hospitality · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CAFE ANDALUZ RESTAURANTS LIMITED
SC390599 · est 2010
£8.71M
£6.53M£10.88M
29815y8767y
ENOTECA SCOTLAND LIMITED
SC327283 · est 2007
£8.47M
£6.35M£10.59M
21318y8367y
AN CLACHAN CAFE LIMITED
SC313545 · est 2006
£45.0k19y8359y
CRAIGENDMUIR LIMITED
SC258280 · est 2003
£1.34M22y8360y
D'ARCY'S (GLASGOW) LIMITED
SC264250 · est 2004 · no financials extracted
22y8364y
DANNY'S SNACKS LIMITED
SC338593 · est 2008 · no financials extracted
18y8365y
DIXON ARMS (GLENROTHES) LIMITED
SC325347 · est 2007 · no financials extracted
18y8364y
JOHN MACLAREN AND SONS LIMITED
SC291419 · est 2005
£6.6k20y8372y
KINGSRIDGE CLEDDANS ECONOMIC DEVELOPMENT GROUP
SC133036 · est 1991 · no financials extracted
34y8387y
LA LANTERNA GLASGOW LTD
SC274833 · est 2004
3221y8360y
LATHONES CARAVAN COMPANY LIMITED
SC078119 · est 1982
044y8368y
MATTHEW'S FOODS (SCOTLAND) LIMITED
SC210734 · est 2000
£1.81M25y8359y
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
Incorporated2023-04-19
Jurisdictionscotland
Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

40 Clarendon Place
Glasgow
G20 7PZ
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-02OVERDUE
Last: 2025-04-18

Officers (1 active · 0 resigned)

SHI, Hong Qing
director · ~42y · appointed 2023-04-19
View their other companies + combined net worth →
Active

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

Recent filings (7 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-28
dissolution-application-strike-off-company
dissolution · DS01
2026-04-20
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-01
incorporation-company
incorporation · NEWINC
2023-04-19