FAN SYSTEMS LIMITED
Opportunity 70/100 (strong), bankability 55/100. Strong seller-intent signal (78/100, director aged 71). 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 (45/100).
Data confidence
Overall: low (46/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
Corporate timeline (11 events)Click to expand
- 2020-11-12📄restoration-order-of-courtrestoration · AC92
- 1997-10-01➕TAYLOR, Virginia Clare appointedsecretary
- 1993-10-27➕WITT, Karsten Christian appointedsecretary
- 1993-10-27➕WITT, Henrik Torsten, Dr appointeddirector
- 1993-10-26➖THOMPKINS, Wilfred Norman resignedsecretary
- 1993-10-26➖THOMPKINS, Wilfred Norman resigneddirector
- 1993-08-18➕WITT, Karsten Christian appointeddirector
- 1993-08-18➖BESWICK, Donald resigneddirector
- 1993-08-18➖COUCH, Cyril Albert resigneddirector
- 1987-01-01📄selection-of-documents-registered-before-January-1987historical · PRE87
- 1950-06-24🏢Company incorporatedAs FAN SYSTEMS LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 76 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 1999-10-31
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
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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.
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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.
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Registered office
Filing status
Officers (4 active · 4 resigned)
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