FUSION SPIRITS LTD

💤Zombieactive
14926860 · ltd · incorporated 2023-06-09
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 Jun 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 46342
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-30
Average employees2

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
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 90 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
3
filings
  • 2 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-03-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2025-06-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-04-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-04-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-03-07
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2025-02-28
    CHARLES, Sonny Laurence resigned
    director
  8. 2024-06-13
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  9. 2024-06-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-06-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2024-06-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2024-06-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2024-06-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2024-06-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2024-06-11
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  16. 2024-05-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2024-05-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2024-05-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2024-05-31
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  20. 2024-05-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  21. 2023-06-09
    🏢
    Company incorporated
    As FUSION SPIRITS LTD
  22. 2023-06-09
    MAIR, Derek appointed
    secretary
  23. 2023-06-09
    MAIR, Derek appointed
    director
  24. 2023-06-09
    CHARLES, Sonny Laurence appointed
    director
  25. 2023-06-09
    📄
    incorporation-company
    incorporation · NEWINC

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 age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Derek Mair
Individual · British · DOB 05/1961 · age 65
5075%
50–75%board control50-75% shares · 50-75% voting · board control09/06/2023

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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03650315 · est 1998 · no financials extracted
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16583868 · est 2025 · no financials extracted
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14877339 · est 2023 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2023-06-09
Jurisdictionengland-wales
Primary SIC46342 — SIC 46342

Registered office

Mains House
143 Front Street
Chester Le Street
DH3 3AU
United Kingdom

Filing status

Accounts
Next due: 2027-03-28
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-06-22
Last: 2026-06-08

Officers (2 active · 1 resigned)

MAIR, Derek
secretary · appointed 2023-06-09
View their other companies + combined net worth →
Active
MAIR, Derek
director · ~65y · appointed 2023-06-09
View their other companies + combined net worth →
Active
CHARLES, Sonny Laurence
director · ~35y · appointed 2023-06-09 · resigned 2025-02-28
Resigned

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

Recent filings (23 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-06-28
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-09
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-09
termination-director-company-with-name-termination-date
officers · TM01
2025-04-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-25
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-03-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-11
change-person-secretary-company-with-change-date
officers · CH03
2024-06-13
change-person-director-company-with-change-date
officers · CH01
2024-06-13
change-person-director-company-with-change-date
officers · CH01
2024-06-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-12
change-person-director-company-with-change-date
officers · CH01
2024-06-11