147 TRADING COMPANY LTD

💤Zombieactive
SC732623 · ltd · incorporated 2022-05-16
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 May 2024
Net worth
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

Data confidence

Overall: high (82/100)

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
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£0May 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-05-312023-05-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2025-07-19
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-07-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2025-05-23
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  4. 2025-04-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2024-06-18
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2024-06-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2024-04-16
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2022-05-16
    🏢
    Company incorporated
    As 147 TRADING COMPANY LTD
  9. 2022-05-16
    AHMED, Kaleem Sittar appointed
    director
  10. 2022-05-16
    📄
    incorporation-company
    incorporation · NEWINC

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

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-02-28

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Kaleem Sittar Ahmed
Individual · British · DOB 09/1990 · age 36
75100%
75–100%board control75-100% shares · 75-100% voting · board control16/05/2022

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.

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

10 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
Incorporated2022-05-16
Jurisdictionscotland
Primary SIC47530 — Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Registered office

246-254 High Street
Arbroath
DD11 1HZ
United Kingdom

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-05-29
Last: 2025-05-15

Officers (1 active · 0 resigned)

AHMED, Kaleem Sittar
director · ~36y · appointed 2022-05-16
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-19
accounts-with-accounts-type-dormant
accounts · AA
2025-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-17
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-05-23
gazette-notice-compulsory
gazette · GAZ1
2025-04-29
gazette-filings-brought-up-to-date
gazette · DISS40
2024-06-18
accounts-with-accounts-type-dormant
accounts · AA
2024-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-15
gazette-notice-compulsory
gazette · GAZ1
2024-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-27
incorporation-company
incorporation · NEWINC
2022-05-16