FABS & PIPELINE SERVICES LIMITED
Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 76). 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: medium (57/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (35 events)Click to expand
- 2018-08-14📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2018-08-14🏁Company dissolved
- 2018-05-29📄gazette-notice-voluntarygazette · GAZ1(A)
- 2018-05-22📄dissolution-application-strike-off-companydissolution · DS01
- 2018-03-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2018-03-06📄gazette-notice-compulsorygazette · GAZ1
- 2018-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-29📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2016-09-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-10-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-12-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-06-19📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-12-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-09-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-12-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-09-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-01-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-09-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-01-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-06-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-12-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-06-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-01-29📄legacyannual-return · 363a
- 2008-07-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2004-02-02➖PLANT, Mark Brian resigneddirector
- 2002-12-12🏢Company incorporatedAs FABS & PIPELINE SERVICES LIMITED
- 2002-12-12➕HALLSWORTH, Michael George appointedsecretary
- 2002-12-12➕BISSELL, Christopher David appointeddirector
- 2002-12-12➕HALLSWORTH, Michael George appointeddirector
- 2002-12-12➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2002-12-12➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2002-12-12➕PLANT, Mark Brian appointeddirector
- 2002-12-12➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
- 2002-12-12➖COMPANY DIRECTORS LIMITED resignedcorporate-nominee-director
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 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 76 — 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 76 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 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2018-08-14
Group structure
Filtech Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Filtech Holdings Limited Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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.
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 · 3 resigned)
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