MA CITY FURNITURE LTD

💤Zombieactive
SC766768 · ltd · incorporated 2023-04-20
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 2024
Net worth
book net assets
Opportunity
58/100
Worth a look
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What this business does
Primary activity: Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
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 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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
5 connected companies via shared directors
60
Filing history
8 filings
60
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
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
56
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-04-30

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 confirmation-statement
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 address
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 address
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2026-04-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-01-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-10-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-07-08
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  5. 2023-04-20
    🏢
    Company incorporated
    As MA CITY FURNITURE LTD
  6. 2023-04-20
    AHMAD, Manzoor appointed
    director
  7. 2023-04-20
    📄
    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 · 1 med · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-30

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-07-08: certificate-change-of-name-company

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Manzoor Ahmad
Individual · British · DOB 01/1969 · age 57
75100%
75–100%board control75-100% shares · 75-100% voting · board control20/04/2023

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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10 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
Incorporated2023-04-20
Jurisdictionscotland
Primary SIC47599 — Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores

Registered office

Clyde Offices
2nd Floor, 48 West George Street
Glasgow
G2 1BP
United Kingdom

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-04-30
Confirmation statement
Next due: 2027-05-03
Last: 2026-04-19

Officers (1 active · 0 resigned)

AHMAD, Manzoor
director · ~57y · appointed 2023-04-20
View their other companies + combined net worth →
Active

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

Recent filings (8 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-09
accounts-with-accounts-type-dormant
accounts · AA
2025-01-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-22
certificate-change-of-name-company
change-of-name · CERTNM
2024-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-30
incorporation-company
incorporation · NEWINC
2023-04-20