GHSL LTD

💤Zombieactive
SC392539 · ltd · incorporated 2011-01-31
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
book net assets
Opportunity
73/100
Strong
🔔
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: Retail sale in non-specialised stores with food, beverages or tobacco predominating
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47190Other retail sale in non-specialised stores
  • 47300Retail sale of automotive fuel in specialised stores
  • 47910Retail sale via mail order houses or via Internet
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

14 live charges · 3 lenders · oldest 12.8y

15/100
under pressure

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

  • · Oldest live charge is 12.8 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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

Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
63 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
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 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

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

🔒Filing-note intelligence

2 signals 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
10
filings
  • 4 persons-with-significant-control
  • 2 confirmation-statement
  • 2 capital
Last 90 days
10
filings
  • 4 persons-with-significant-control
  • 2 confirmation-statement
  • 2 capital
Last 180 days
11
filings
  • 4 persons-with-significant-control
  • 2 confirmation-statement
  • 2 capital
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-04-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-04-09
    📄
    resolution
    resolution · RESOLUTIONS
  3. 2026-04-08
    📄
    memorandum-articles
    incorporation · MA
  4. 2026-04-07
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  5. 2026-04-07
    📄
    capital-name-of-class-of-shares
    capital · SH08
  6. 2026-04-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2026-04-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2026-04-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2025-11-19
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  10. 2025-10-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2025-09-29
    🔒
    Charge registered #14
    Lender: Close Brothers Limited
  12. 2025-03-18
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  13. 2024-03-01
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  14. 2023-06-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2023-05-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2023-03-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2022-05-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2022-03-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2022-02-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2022-02-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2022-02-14
    🔒
    Charge registered #13
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
  22. 2022-02-14
    🔒
    Charge registered #12
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
  23. 2021-09-22
    🔒
    Charge registered #11
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
  24. 2016-09-29
    🔒
    Charge registered #10
    Lender: Clydesdale Bank PLC
  25. 2016-09-09
    🔒
    Charge registered #9
    Lender: Clydesdale Bank PLC
  26. 2016-03-30
    🔒
    Charge registered #8
    Lender: Clydesdale Bank PLC
  27. 2015-04-27
    🔒
    Charge registered #7
    Lender: Clydesdale Bank PLC
  28. 2014-08-20
    🔒
    Charge registered #6
    Lender: Clydesdale Bank PLC
  29. 2014-08-20
    🔒
    Charge registered #5
    Lender: Clydesdale Bank PLC
  30. 2014-08-20
    🔒
    Charge registered #4
    Lender: Clydesdale Bank PLC
  31. 2013-10-11
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  32. 2013-10-11
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  33. 2013-06-26
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  34. 2011-01-31
    🏢
    Company incorporated
    As GHSL LTD
  35. 2011-01-31
    SUD, Shamly appointed
    director

Owner dependency

90/100
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 15 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 15 years.
  • secondaryStable-but-static management: Company is 15 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 low
14 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Vikas Sud
Individual · British · DOB 08/1972 · age 54
5075%
50–75%board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence · trust interest31/01/2017
Mrs Shamly Sud
Individual · British · DOB 07/1971 · age 55
5075%
50–75%board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence · trust interest31/01/2017
1 historic (ceased) PSC
  • Mr James William Craigceased 25/11/2025· 50-75% shares · 50-75% voting · board control · significant influence · trust interest

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 · PA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
FRAME MY NAME (SCOTLAND) LTD
SC746487 · est 2022 · no financials extracted
3y
GLENBURN KEYSTORE LIMITED
SC593924 · est 2018 · no financials extracted
8y
GO NAKED VEG LTD
SC650661 · est 2020 · no financials extracted
6y
GOBLOOM LTD
SC758535 · est 2023 · no financials extracted
3y
GOODIE GOODS LTD
SC754254 · est 2023 · no financials extracted
3y
GOWANLEA GARDEN CENTRE LTD
SC724728 · est 2022 · no financials extracted
4y
GREENCOAST LIMITED
SC435314 · est 2012 · no financials extracted
13y
GREENER ENERGY SAVINGS LTD
SC494911 · est 2015 · no financials extracted
11y
GREENOCK LOCAL LIMITED
SC867169 · est 2025 · no financials extracted
GROWTH CAM LTD
SC864592 · est 2025 · no financials extracted
GRS RETAIL LIMITED
SC778519 · est 2023 · no financials extracted
2y
GS GOLF CO. LTD
SC868854 · est 2025 · no financials extracted
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2011-01-31
Jurisdictionscotland
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating

Registered office

30 Underwood Road
Paisley
PA3 1TL
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-30
Last: 2026-04-16

Officers (1 active · 0 resigned)

SUD, Shamly
director · ~55y · appointed 2011-01-31
View their other companies + combined net worth →
Active

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

Mortgages & charges

14
Total charges
14
Outstanding
2
Active lenders
Status:Lender:14 of 14 shown
TypeProperties
outstanding
Close Brothers
Close Brothers Limited
A registered charge29/09/2025
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
A registered charge1 property14/02/2022
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
A registered charge2 properties14/02/2022
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
A registered charge1 property22/09/2021
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge1 property29/09/2016
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge2 properties09/09/2016
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge1 property30/03/2016
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge2 properties27/04/2015
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge20/08/2014
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge20/08/2014
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge20/08/2014
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge1 property11/10/2013
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge1 property11/10/2013
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge1 property26/06/2013
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (63 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-16
resolution
resolution · RESOLUTIONS
2026-04-09
memorandum-articles
incorporation · MA
2026-04-08
capital-variation-of-rights-attached-to-shares
capital · SH10
2026-04-07
capital-name-of-class-of-shares
capital · SH08
2026-04-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-04-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-02
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-02
accounts-with-accounts-type-medium
accounts · AA
2025-11-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-06
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-07
accounts-with-accounts-type-medium
accounts · AA
2025-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-02