BANDLEY STORE LTD

💤Zombieactive
SC372792 · ltd · incorporated 2010-02-11
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
£14.7k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (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: 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).

Data confidence

Overall: medium (78/100)

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
2 officers (1 active, 2 linked, 2 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
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £14,700
Cash YoY
-22%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£21k
↓ 22% YoY
Net Worth
£15k
↑ 1.0% YoY
Current Assets
£116k
↓ 25% YoY
Current Liabilities
£0£31k£62k£93k£124k£155kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£40.8k£54.1k
Current assets£115.7k£155.2k
Cash£21.1k£27.1k
Debtors£25.0k£50.3k
Net assets£14.7k£14.6k

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-11-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-25
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2024-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-10-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-10-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-07-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-08-01
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  9. 2022-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-11-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-02-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2010-02-11
    🏢
    Company incorporated
    As BANDLEY STORE LTD
  17. 2010-02-11
    DOCHERTY, Robert Walter appointed
    director
  18. 2010-02-11
    MABBOTT, Stephen George appointed
    director
  19. 2010-02-11
    MABBOTT, Stephen George resigned
    director

Owner dependency

85/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
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.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Name changed recently
medium

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

Evidence: 2024-11-25: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Robert Walter Docherty
Individual · British · DOB 02/1974 · age 52
75100%
75-100% shares06/04/2016

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

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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
Incorporated2010-02-11
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

1a Broomfield Road
Montrose
Angus
DD10 8SZ
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-25
Last: 2026-02-11

Officers (1 active · 1 resigned)

DOCHERTY, Robert Walter
director · ~52y · appointed 2010-02-11
View their other companies + combined net worth →
Active
MABBOTT, Stephen George
director · ~76y · appointed 2010-02-11 · resigned 2010-02-11
Resigned

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

Recent filings (46 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-21
certificate-change-of-name-company
change-of-name · CERTNM
2024-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-23
change-person-director-company-with-change-date
officers · CH01
2023-10-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-16
move-registers-to-registered-office-company-with-new-address
address · AD04
2022-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-24
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-01