V FRASER & SONS LTD

🌳Matureactive
NI044987 · ltd · incorporated 2002-12-17
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
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Turnover
—
year to Dec 2024
Net worth
£930.5k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -32% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 23.1y

45/100
under pressure

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

  • · Oldest live charge is 23.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (78/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
66 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £930,532
Cash YoY
-32%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£430k
↓ 32% YoY
Net Worth
£931k
↑ 43% YoY
Current Assets
£1.4m
↓ 21% YoY
Current Liabilities
—
£0£345k£689k£1.0m£1.4m£1.7mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£1.52M£1.16M
Current assets£1.36M£1.72M
Cash£430.0k£633.4k
Debtors£919.8k£1.09M
Net assets£930.5k£652.7k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-01-25
    📄
    replacement-filing-of-director-appointment-with-name
    officers · RP01AP01
  2. 2025-08-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-12-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-07-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2024-04-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-09-04
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2022-09-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2021-10-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2021-10-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2021-10-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2021-10-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2021-06-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2020-08-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2020-04-06
    📄
    legacy
    miscellaneous · RP04CS01
  15. 2019-06-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2018-06-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2015-12-16
    ➖
    FRASER, Samuel Vivian resigned
    secretary
  18. 2015-12-16
    ➖
    FRASER, Samuel Vivian resigned
    director
  19. 2013-12-31
    ➕
    FRASER, Hilda Martha appointed
    director
  20. 2003-04-15
    🔒
    Charge registered #2
    Lender: Northern Bank LTD
  21. 2003-04-15
    🔒
    Charge registered #1
    Lender: Northern Bank LTD
  22. 2002-12-17
    🏢
    Company incorporated
    As V FRASER & SONS LTD
  23. 2002-12-17
    ➕
    FRASER, Alistair appointed
    director
  24. 2002-12-17
    ➕
    FRASER, Trevor appointed
    director
  25. 2002-12-17
    ➕
    FRASER, Samuel Vivian appointed
    secretary
  26. 2002-12-17
    ➕
    FRASER, Samuel Vivian appointed
    director

Owner dependency

98/100
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
  • +Founder name in company name: Company name contains director surname "FRASER" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
  • 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

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

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Hilda Fraser
Individual · British · DOB 11/1951 · age 75
25–50%
—25-50% shares03/01/2018
Mr Trevor Fraser
Individual · Northern Irish · DOB 12/1972 · age 54
25–50%
—25-50% shares17/12/2016
Mr Alastair Fraser
Individual · Northern Irish · DOB 02/1974 · age 52
25–50%
—25-50% shares17/12/2016
1 historic (ceased) PSC
  • Mr Vivian Fraserceased 03/01/2018· 50-75% shares

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

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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.

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Company details

Statusactive
Typeltd
Incorporated2002-12-17
Jurisdictionnorthern-ireland
Primary SIC49410 — Freight transport by road

Registered office

8b Craigs Road
Cookstown
BT80 9LD
Northern Ireland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-31
Last: 2025-12-17

Officers (3 active · 2 resigned)

FRASER, Alistair→
director · ~52y · appointed 2002-12-17
View their other companies + combined net worth →
Active
FRASER, Hilda Martha→
director · ~75y · appointed 2013-12-31
View their other companies + combined net worth →
Active
FRASER, Trevor→
director · ~54y · appointed 2002-12-17
View their other companies + combined net worth →
Active
FRASER, Samuel Vivian→
secretary · appointed 2002-12-17 · resigned 2015-12-16
Resigned
FRASER, Samuel Vivian→
director · ~78y · appointed 2002-12-17 · resigned 2015-12-16
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Northern Bank
Northern Bank LTD
Mortgage or charge1 property15/04/2003—
outstanding
Northern Bank
Northern Bank LTD
Mortgage or charge1 property15/04/2003—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (66 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-09
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-01-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
change-person-director-company-with-change-date
officers · CH01
2024-12-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-09-02
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-10-11
change-person-director-company-with-change-date
officers · CH01
2021-10-11
change-person-director-company-with-change-date
officers · CH01
2021-10-11