BUDGET HARDWARE LTD

💤Zombieactive

SC620533 · ltd · incorporated 2019-02-07

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 Feb 2025

Net worth

£597

book net assets

Opportunity

76/100

Strong

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What this business does

Primary activity: Other retail sale in non-specialised stores

Sector: Wholesale & retail

Investor take

Pursue

Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 71). 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 (73/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

15 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

76/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £597

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£597

↑ 21% YoY

Current Assets

£13k

↑ 2190% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-02-28	2024-02-28
Total assets	£1.9k	£1.8k
Current assets	£13.4k	£586
Net assets	£597	£493

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

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (10 events)Click to expand

2025-11-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-02
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-03-26
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-02-07
🏢
Company incorporated
As BUDGET HARDWARE LTD
2019-02-07
➕
IQBAL, Mohammad Javaid appointed
director
2019-02-07
📄
incorporation-company
incorporation · NEWINC

Owner dependency

95/100

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.
+Founder age: Director aged approximately 71 — succession pressure is live.
+No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

75/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Mohammad Javaid Iqbal Individual · British · DOB 11/1955 · age 71	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	07/02/2019

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

Similar companies

Active · Retail · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
KAMCO RETAIL LTD→ SC355651 · est 2009	—	—	£141.0k	—	17y	83	87y
ABDUL MAJID & SON LIMITED→ SC351446 · est 2008	—	—	£7.3k	—	17y	82	65y
ADAPTOCARE LTD.→ SC197202 · est 1999	—	—	£2.00M	—	26y	82	87y
C & R SUPPLIES LIMITED→ SC223691 · est 2001	—	—	£86.7k	—	24y	82	63y
DAMN DELICIOUS LIMITED→ SC334088 · est 2007	—	—	—	1300	18y	82	60y
IMPERIAL BAR (AIRDRIE) LIMITED→ SC260090 · est 2003	—	—	£139.3k	—	22y	82	68y
KSL TRADING AND MARKETING LIMITED→ SC159770 · est 1995	—	—	£29.6k	—	30y	82	64y
MACMILLAN & SHAW GOLF SUPPLIES LIMITED→ SC233241 · est 2002	—	—	£17.7k	—	23y	82	66y
MLD ZAMBONINI LIMITED→ SC326339 · est 2007	—	—	—	—	18y	82	76y
SANDRO AND SONS LIMITED→ SC160375 · est 1995	—	—	£17.0k	—	30y	82	64y
TUITE LTD→ SC388864 · est 2010	—	—	£505	—	15y	82	62y
TYRRELLS OF BURNBANK LIMITED→ SC317554 · est 2007	—	—	£317.6k	—	19y	82	62y

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.

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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

Incorporated2019-02-07

Jurisdictionscotland

Primary SIC47190 — Other retail sale in non-specialised stores

Registered office

65b Union Street

Larkhall

Lanarkshire

ML9 1DZ

Scotland

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-02-20

Last: 2026-02-06

Officers (1 active · 0 resigned)

IQBAL, Mohammad Javaid→

director · ~71y · appointed 2019-02-07

View their other companies + combined net worth →

Active

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