FLEMING & COMPANY (MACHINERY) LIMITED

💤Zombieactive

SC021652 · ltd · incorporated 1941-02-07

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

—

not disclosed

Net worth

—

book net assets

Opportunity

79/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 46730

Sector: Wholesale & retail

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. 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).

🏦

Refinance opportunity

1 live charge · oldest 36.4y

45/100

under pressure

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

· Oldest live charge is 36.4 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (57/100)

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

No iXBRL financials extracted

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

11 officers (2 active, 11 linked, 7 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

1 connected companies via shared directors

Filing history

117 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (37 events)Click to expand

2026-03-27
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-02-11
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-10-31
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-12-07
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-03-25
📄
accounts-with-accounts-type-full
accounts · AA
2021-06-23
📄
accounts-with-accounts-type-full
accounts · AA
2020-07-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-06-30
➖
BEHAN, Matthew Joseph resigned
director
2020-05-22
📄
accounts-with-accounts-type-full
accounts · AA
2019-02-05
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2019-01-29
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-01-29
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-01-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-26
📄
change-account-reference-date-company-current-extended
accounts · AA01
2018-11-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-11-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-11-26
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2018-11-26
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2018-11-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-11-16
➕
SHEPPARD, Anthony Keith appointed
secretary
2018-11-16
➕
RIPLEY, Julian David appointed
director
2018-11-16
➖
HOGAN, Anne Marie resigned
secretary
2018-11-16
➕
BEHAN, Matthew Joseph appointed
director
2018-11-16
➖
HILL, Carole Gordon resigned
director
2018-11-16
➖
HILL, Strachan Layton resigned
director
2015-04-01
➕
HILL, Carole Gordon appointed
director
2015-03-31
➖
HEALY, Peter, Mr. resigned
director
2012-04-04
🔓
Charge satisfied #1
2002-06-01
➕
HOGAN, Anne Marie appointed
secretary
2002-06-01
➕
HEALY, Peter, Mr. appointed
director
2002-05-31
➖
HILL, Strachan Layton resigned
secretary
2002-05-31
➖
LILLEY, Brian Mackay resigned
director
2000-05-05
➕
HILL, Strachan Layton appointed
secretary
1999-09-29
➖
HOLLYWOOD, Margaret resigned
secretary
1999-09-29
➖
HOLLYWOOD, Margaret resigned
director
1989-12-12
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1941-02-07
🏢
Company incorporated
As FLEMING & COMPANY (MACHINERY) LIMITED

Owner dependency

83/100

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.
+Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

75/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondaryStable-but-static management: Company is 85 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean

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

Group structure

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

🏛️

Barhale Construction Services Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

FLEMING & COMPANY (MACHINERY) LIMITED

This company · SC021652

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
Barhale Construction Services Limited Corporate entity	75–100%	—	75-100% shares	16/11/2018

2 historic (ceased) PSCs

Mr Strachan Layton Hillceased 16/11/2018· 25-50% shares
Mrs Carole Gordon Hillceased 16/11/2018· 25-50% shares

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 →

Similar companies

Active · Wholesale & distribution · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
FERGUSON WHISKY LIMITED→ SC705544 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
FH WHOLESALE LIMITED→ SC841041 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
FIFTH TASTE QUALITY IMPORTS LTD→ SC734040 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
FIRST HALAL MEAT LTD→ SC707980 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
FIVEQUESTIONS LTD→ SC809115 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
FKBTEX LIMITED→ SC884014 · est 2026 · no financials extracted	—	—	—	—	—	—	—
FOLOG LTD→ SC858557 · est 2025 · no financials extracted	—	—	—	—	—	—	—
FORNAX TRADING LIMITED→ SC709904 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
FPP (SCOTLAND) LIMITED→ SC353433 · est 2009 · no financials extracted	—	—	—	—	17y	—	—
FRAME WORLD LIMITED→ SC643460 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
FRASER & MACDONALD (ELECTRIC MOTORS) LIMITED→ SC046742 · est 1969 · no financials extracted	—	—	—	—	56y	—	—
FRASER PERRATT LTD.→ SC264191 · est 2004 · no financials extracted	—	—	—	—	22y	—	—

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

Incorporated1941-02-07

Jurisdictionscotland

Primary SIC46730 — SIC 46730

Registered office

Woodhead Road

South Nitshill

Glasgow

G53 7NX

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-08-14

Last: 2025-07-31

Officers (2 active · 9 resigned)

SHEPPARD, Anthony Keith→

secretary · appointed 2018-11-16

View their other companies + combined net worth →

Active

RIPLEY, Julian David→

director · ~64y · appointed 2018-11-16

View their other companies + combined net worth →

Active

HILL, Strachan Layton→

secretary · appointed 2000-05-05 · resigned 2002-05-31

Resigned

HOGAN, Anne Marie→

secretary · appointed 2002-06-01 · resigned 2018-11-16

Resigned

HOLLYWOOD, Margaret→

secretary · resigned 1999-09-29

Resigned

BEHAN, Matthew Joseph→

director · ~65y · appointed 2018-11-16 · resigned 2020-06-30

Resigned

HEALY, Peter, Mr.→

director · ~76y · appointed 2002-06-01 · resigned 2015-03-31

Resigned

HILL, Carole Gordon→

director · ~70y · appointed 2015-04-01 · resigned 2018-11-16

Resigned

HILL, Strachan Layton→

director · ~69y · resigned 2018-11-16

Resigned

HOLLYWOOD, Margaret→

director · ~88y · resigned 1999-09-29

Resigned

LILLEY, Brian Mackay→

director · ~84y · resigned 2002-05-31

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	12/12/1989	04/04/2012