FAIRBANK TEXTILES LIMITED

💤Zombieactive
03946398 · ltd · incorporated 2000-03-13
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 Dec 2024
Net worth
£231.8k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 13990
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 67/100. 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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 26.2y

15/100
under pressure

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

  • · Oldest live charge is 26.2 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
9 officers (1 active, 9 linked, 5 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
104 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £231,804
Cash draining
Cash down 54% YoY
Cash YoY
-54%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£46k
↓ 54% YoY
Net Worth
£232k
↑ 20% YoY
Current Assets
£359k
↑ 18% YoY
Current Liabilities
—
£0£72k£144k£216k£287k£359kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£268.0k£222.6k
Current assets£359.3k£305.2k
Cash£45.6k£99.9k
Debtors£283.4k£156.0k
Net assets£231.8k£192.7k

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

🔒Filing-note intelligence

1 signal 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
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-16
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2025-04-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-10-22
    ➖
    GLEDHILL, Timothy Nicholas resigned
    secretary
  5. 2024-10-22
    ➖
    GLEDHILL, Timothy Nicholas resigned
    director
  6. 2024-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-03-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2022-03-01
    🔒
    Charge registered #4
    Lender: National Westminster Bank Public Limited Company
  11. 2021-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-09-28
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2020-09-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2019-07-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2019-07-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-06-27
    ➖
    BIRKHEAD, James Anthony resigned
    director
  18. 2019-01-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  19. 2019-01-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2019-01-16
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  21. 2018-12-21
    ➖
    GIGLIA, Giola resigned
    secretary
  22. 2018-12-21
    ➕
    GLEDHILL, Timothy Nicholas appointed
    secretary
  23. 2018-12-21
    ➖
    GIGLIA, Giola resigned
    director
  24. 2014-08-15
    ➕
    FAIRBANK, Anthony David appointed
    director
  25. 2012-01-31
    ➖
    DAWSON, James Henry resigned
    director
  26. 2006-04-01
    ➕
    DAWSON, James Henry appointed
    director
  27. 2006-04-01
    ➕
    GIGLIA, Giola appointed
    director
  28. 2002-07-18
    🔓
    Charge satisfied #1
  29. 2001-08-01
    🔓
    Charge satisfied #2
  30. 2001-03-09
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  31. 2000-05-04
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  32. 2000-04-20
    🔒
    Charge registered #1
    Lender: Timothy Nicholas Gledhill
  33. 2000-03-28
    ➕
    GIGLIA, Giola appointed
    secretary
  34. 2000-03-28
    ➖
    YORK PLACE COMPANY SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  35. 2000-03-28
    ➕
    BIRKHEAD, James Anthony appointed
    director
  36. 2000-03-28
    ➕
    GLEDHILL, Timothy Nicholas appointed
    director
  37. 2000-03-28
    ➖
    YORK PLACE COMPANY NOMINEES LIMITED resigned
    corporate-nominee-director
  38. 2000-03-13
    🏢
    Company incorporated
    As FAIRBANK TEXTILES LIMITED
  39. 2000-03-13
    ➕
    YORK PLACE COMPANY SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  40. 2000-03-13
    ➕
    YORK PLACE COMPANY NOMINEES LIMITED appointed
    corporate-nominee-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.
  • +Founder name in company name: Company name contains director surname "FAIRBANK" — strong identity link between founder and business.

Succession & seller-readiness

60/100
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.
  • secondaryStable-but-static management: Company is 26 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 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Ramco1217 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ramco1217 Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
FAIRBANK TEXTILES LIMITED
This company · 03946398

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ramco1217 Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control25/04/2018
1 historic (ceased) PSC
  • Mr James Anthony Birkheadceased 25/04/2018· significant influence

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 →

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

7 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
Incorporated2000-03-13
Jurisdictionengland-wales
Primary SIC13990 — SIC 13990

Registered office

West End Mill
West Street
Sowerby Bridge
West Yorkshire
HX6 3AN

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-30
Last: 2026-04-16

Officers (1 active · 8 resigned)

FAIRBANK, Anthony David→
director · ~57y · appointed 2014-08-15
View their other companies + combined net worth →
Active
GIGLIA, Giola→
secretary · appointed 2000-03-28 · resigned 2018-12-21
Resigned
GLEDHILL, Timothy Nicholas→
secretary · appointed 2018-12-21 · resigned 2024-10-22
Resigned
YORK PLACE COMPANY SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2000-03-13 · resigned 2000-03-28
Resigned
BIRKHEAD, James Anthony→
director · ~81y · appointed 2000-03-28 · resigned 2019-06-27
Resigned
DAWSON, James Henry→
director · ~59y · appointed 2006-04-01 · resigned 2012-01-31
Resigned
GIGLIA, Giola→
director · ~65y · appointed 2006-04-01 · resigned 2018-12-21
Resigned
GLEDHILL, Timothy Nicholas→
director · ~59y · appointed 2000-03-28 · resigned 2024-10-22
Resigned
YORK PLACE COMPANY NOMINEES LIMITED→
corporate-nominee-director · appointed 2000-03-13 · resigned 2000-03-28
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
National Westminster Bank Public Company
National Westminster Bank Public Limited Company
A registered charge—01/03/2022—
outstanding
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property09/03/2001—
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property04/05/200001/08/2001
satisfied
Timothy Nicholas Gledhill
Chattel mortgage1 property20/04/200018/07/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (104 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-16
termination-secretary-company-with-name-termination-date
officers · TM02
2025-04-16
termination-director-company-with-name-termination-date
officers · TM01
2025-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-30