FTE ENGINEERING LIMITED
Opportunity 58/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: low (52/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (42 events)Click to expand
- 2012-07-10📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2012-07-10🏁Company dissolved
- 2012-03-27📄gazette-notice-voluntarygazette · GAZ1(A)
- 2012-03-14📄dissolution-application-strike-off-companydissolution · DS01
- 2011-11-24📄legacycapital · SH20
- 2011-11-24📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2011-11-24⚠️legacyinsolvency · CAP-SS
- 2011-11-24📄resolutionresolution · RESOLUTIONS
- 2011-04-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-04-07📄change-person-director-company-with-change-dateofficers · CH01
- 2011-04-07📄change-person-director-company-with-change-dateofficers · CH01
- 2011-03-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-02-09📄resolutionresolution · RESOLUTIONS
- 2011-02-09📄statement-of-companys-objectschange-of-constitution · CC04
- 2010-12-10📄termination-director-company-with-nameofficers · TM01
- 2010-12-02📄appoint-person-director-company-with-nameofficers · AP01
- 2010-12-01➕KILPATRICK, Stuart Charles appointeddirector
- 2010-11-30➖SHIELDS, Michael John resigneddirector
- 2010-09-10📄appoint-person-secretary-company-with-nameofficers · AP03
- 2010-09-07📄termination-secretary-company-with-nameofficers · TM02
- 2010-09-01➕VICK, Jonathan Procter appointedsecretary
- 2010-08-31➖TYLER, Justin John Blakeney resignedsecretary
- 2010-05-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-05-02📄change-person-secretary-company-with-change-dateofficers · CH03
- 2010-01-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-04-16📄legacyannual-return · 363a
- 2009-03-24📄accounts-with-made-up-dateaccounts · AA
- 2009-03-21📄auditors-resignation-companyauditors · AUD
- 2008-10-08📄accounts-with-made-up-dateaccounts · AA
- 2008-04-08📄legacyannual-return · 363a
- 2007-09-30➖EVERARD, William Derek resigneddirector
- 2007-09-04➕BURMEISTER, Richard Douglas appointeddirector
- 2007-09-04➕SHIELDS, Michael John appointeddirector
- 2006-12-28➕HENRY, Nicholas Paul appointeddirector
- 2006-12-28➖ROPER, Stephen Dawson resignedsecretary
- 2006-12-28➕TYLER, Justin John Blakeney appointedsecretary
- 2006-12-28➖EVERARD, Frederick Michael resigneddirector
- 2003-12-19➖SHOTTON, Rosemary Ann resigneddirector
- 1999-12-31➖CASEBOW, Ethel Annie resigneddirector
- 1997-03-17➖MITCHELL, Reginald Arthur resignedsecretary
- 1997-03-17➕ROPER, Stephen Dawson appointedsecretary
- 1932-07-15🏢Company incorporatedAs FTE ENGINEERING LIMITED
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 94 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
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2012-07-10
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2011-11-24: legacy
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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9 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 →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
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Filing status
Officers (0 active · 8 resigned)
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