BROWNMILL LIMITED

💤Zombieactive

SC272334 · ltd · incorporated 2004-08-23

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 Aug 2024

Net worth

£45.1k

book net assets

Opportunity

75/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

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: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 85/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 18.3y

45/100

under pressure

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

· Oldest live charge is 18.3 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

8 officers (2 active, 8 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

3 connected companies via shared directors

Filing history

69 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £45,058

Net assets shrinking

Down £200 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£45k

~ YoY

Current Assets

£26k

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-08-31	2023-08-31
Total assets	£45.1k	£45.3k
Current assets	£26.1k	—
Debtors	£26.1k	£26.1k
Net assets	£45.1k	£45.3k

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (32 events)Click to expand

2025-05-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-02-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-02-18
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-02-18
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-02-18
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-02-12
➕
MUNIR, Ayesha appointed
director
2021-02-12
➖
BASRA, Jaswinder Kaur resigned
director
2020-05-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-05-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-02-27
📄
mortgage-satisfy-charge-full
mortgage · MR04
2018-02-27
🔓
Charge satisfied #1
2017-05-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-04-22
➕
AHMED, Shoaib appointed
secretary
2016-09-01
➖
BASRA, Sukhdave Singh resigned
secretary
2008-01-17
🔒
Charge registered #1
Lender: Bank of Scotland PLC
2005-09-16
➕
BASRA, Sukhdave Singh appointed
secretary
2005-09-16
➖
ORR, Donald Murdo Macaskill resigned
secretary
2005-09-16
➖
BASRA, Tajvinder resigned
director
2005-04-01
➕
BASRA, Jaswinder Kaur appointed
director
2004-08-23
🏢
Company incorporated
As BROWNMILL LIMITED
2004-08-23
➕
ORR, Donald Murdo Macaskill appointed
secretary
2004-08-23
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2004-08-23
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2004-08-23
➕
BASRA, Tajvinder appointed
director
2004-08-23
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2004-08-23
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-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

55/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Shoaib Ahmed Individual · British · DOB 02/1982 · age 44	—	—	sig. influencesignificant influence	12/02/2021

1 historic (ceased) PSC

Mrs Jaswinder Kaur Basraceased 12/02/2021· 25-50% shares

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 →

Similar companies

Active · Retail · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
J & W CARPETS LIMITED→ SC362931 · est 2009	£258.4k £193.8k–£322.9k	—	—	67	16y	83	48y
KIRKMICHAEL VILLAGE RENAISSANCE→ SC376521 · est 2010	—	—	£46.6k	—	16y	83	80y
MC STORES LIMITED→ SC387053 · est 2010	—	—	£678.2k	—	15y	83	74y
QUEST FARM SUPPLIES LIMITED→ SC362924 · est 2009	—	—	£2.06M	—	16y	83	59y
A.L. PAINT AND SUPPLIES LIMITED→ SC173153 · est 1997	—	—	£973.9k	—	29y	82	74y
AGRI-INPUT DIRECT LIMITED→ SC207700 · est 2000	—	—	£315.0k	—	25y	82	59y
AM SERVICE STATIONS LIMITED→ SC211245 · est 2000	—	—	—	13	25y	82	59y
ANDREW HUGHES CHEMISTS LIMITED→ SC205281 · est 2000	—	—	—	—	26y	82	63y
BDC FUELS LIMITED→ SC229389 · est 2002	—	—	—	2100	24y	82	67y
C MCCALLUM LIMITED→ SC264993 · est 2004	—	—	—	33	22y	82	63y
D-I-Y AYRSHIRE LIMITED→ SC304125 · est 2006	—	—	£430.5k	—	19y	82	61y
DIVINE & GIBSON LIMITED→ SC027260 · est 1949	—	—	£1.29M	—	76y	82	69y

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

Incorporated2004-08-23

Jurisdictionscotland

Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating

Registered office

46 Main Road

Ayr

KA8 0LQ

Scotland

Filing status

Accounts

Next due: 2026-05-31

Last made up to: 2024-08-31

Confirmation statement

Next due: 2027-03-04

Last: 2026-02-18

Officers (2 active · 6 resigned)

AHMED, Shoaib→

secretary · appointed 2017-04-22

View their other companies + combined net worth →

Active

MUNIR, Ayesha→

director · ~42y · appointed 2021-02-12

View their other companies + combined net worth →

Active

BASRA, Sukhdave Singh→

secretary · appointed 2005-09-16 · resigned 2016-09-01

Resigned

ORR, Donald Murdo Macaskill→

secretary · appointed 2004-08-23 · resigned 2005-09-16

Resigned

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2004-08-23 · resigned 2004-08-23

Resigned

BASRA, Jaswinder Kaur→

director · ~64y · appointed 2005-04-01 · resigned 2021-02-12

Resigned

BASRA, Tajvinder→

director · ~43y · appointed 2004-08-23 · resigned 2005-09-16

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2004-08-23 · resigned 2004-08-23

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	satisfied	Lloyds Banking Group Bank of Scotland PLC	Bond & floating charge	1 property	17/01/2008	27/02/2018