DALGARNO SUBSHOPS LIMITED

💤Zombieactive
SC264701 · ltd · incorporated 2004-03-09
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 Mar 2025
Net worth
£61.3k
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Take-away food shops and mobile food stands
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -73% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 21.7y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 21.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 7 total, 7 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
83 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £61,258
Net assets shrinking
Down £1,109,094 YoY
Cash draining
Cash down 73% YoY
Cash YoY
-73%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£26k
↓ 73% YoY
Net Worth
£61k
↓ 95% YoY
Current Assets
£54k
↓ 96% YoY
Current Liabilities
—
£0£252k£503k£755k£1.0m£1.3mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£81.3k£1.25M
Current assets£54.5k£1.26M
Cash£26.1k£98.1k
Debtors£17.1k£1.14M
Net assets£61.3k£1.17M

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

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2025-04-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-04-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-04-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-04-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-04-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2025-04-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-04-01
    ➕
    QURESHI, Salman Ahmed appointed
    director
  10. 2025-04-01
    ➖
    DALGARNO, Liam John resigned
    director
  11. 2025-04-01
    ➖
    DALGARNO, Sharon Louise resigned
    director
  12. 2025-03-31
    🔒
    Charge registered #2
    Lender: Sld Group Holdings Limited
  13. 2025-01-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2025-01-07
    🔓
    Charge satisfied #1
  15. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2023-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2022-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2020-10-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-11-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2019-05-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2019-05-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  23. 2019-05-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  24. 2018-01-26
    ➖
    DALGARNO, Robert Alexander resigned
    secretary
  25. 2018-01-26
    ➖
    DALGARNO, Denise Smith resigned
    director
  26. 2018-01-26
    ➖
    DALGARNO, Robert Alexander resigned
    director
  27. 2013-07-30
    ➕
    DALGARNO, Sharon Louise appointed
    director
  28. 2012-09-20
    ➕
    DALGARNO, Denise Smith appointed
    director
  29. 2007-03-20
    ➖
    DALGARNO, Denise Smith resigned
    director
  30. 2004-08-02
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  31. 2004-03-09
    🏢
    Company incorporated
    As DALGARNO SUBSHOPS LIMITED
  32. 2004-03-09
    ➕
    DALGARNO, Robert Alexander appointed
    secretary
  33. 2004-03-09
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  34. 2004-03-09
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  35. 2004-03-09
    ➕
    DALGARNO, Denise Smith appointed
    director
  36. 2004-03-09
    ➕
    DALGARNO, Liam John appointed
    director
  37. 2004-03-09
    ➕
    DALGARNO, Robert Alexander appointed
    director

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Zsq Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Zsq Group Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
DALGARNO SUBSHOPS LIMITED
This company · SC264701

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Zsq Group Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control01/04/2025
6 historic (ceased) PSCs
  • Sld Group Holdings Limitedceased 01/04/2025· 75-100% shares · 75-100% voting
  • Mr Robert Alexander Dalgarnoceased 29/03/2019· significant influence
  • Mr Liam John Dalgarnoceased 29/03/2019· 25-50% shares · 25-50% voting
  • Mrs Sharon Louise Dalgarnoceased 29/03/2019· 25-50% shares · 25-50% voting
  • Mrs Denise Smith Dalgarnoceased 29/03/2019· significant influence
  • Mr Robert Alexander Dalgarnoceased 01/12/2017· 25-50% shares · 25-50% voting

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.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2004-03-09
Jurisdictionscotland
Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

Unit R3 Eastgate Shopping Centre
Falcon Square
Inverness
IV2 3PP
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-29
Last: 2025-05-15

Officers (1 active · 7 resigned)

QURESHI, Salman Ahmed→
director · ~42y · appointed 2025-04-01
View their other companies + combined net worth →
Active
DALGARNO, Robert Alexander→
secretary · appointed 2004-03-09 · resigned 2018-01-26
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2004-03-09 · resigned 2004-03-09
Resigned
DALGARNO, Denise Smith→
director · ~71y · appointed 2012-09-20 · resigned 2018-01-26
Resigned
DALGARNO, Denise Smith→
director · ~71y · appointed 2004-03-09 · resigned 2007-03-20
Resigned
DALGARNO, Liam John→
director · ~47y · appointed 2004-03-09 · resigned 2025-04-01
Resigned
DALGARNO, Robert Alexander→
director · ~74y · appointed 2004-03-09 · resigned 2018-01-26
Resigned
DALGARNO, Sharon Louise→
director · ~47y · appointed 2013-07-30 · resigned 2025-04-01
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Sld Group Holdings
Sld Group Holdings Limited
A registered charge—31/03/2025—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property02/08/200407/01/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (83 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-04-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-02
termination-director-company-with-name-termination-date
officers · TM01
2025-04-02
termination-director-company-with-name-termination-date
officers · TM01
2025-04-02
appoint-person-director-company-with-name-date
officers · AP01
2025-04-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-02
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23