FIFE FABRICATIONS LIMITED

📉Decliningactive
SC051054 · ltd · incorporated 1972-07-24
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pursue
Leverage-led grower with a 66-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 66). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 11 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (57/100).

🏦

Refinance opportunity

22 live charges · 11 lenders · oldest 53.7y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 53.7 years old — likely at or near maturity.
  • · 11 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
22 charges (22/22 with lender, 22/22 with type)
90
Directors & officers
26 officers (8 active, 26 linked, 21 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
204 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £1,215,769

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Profit before tax£1.22M£1.94M
Average employees970010400

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

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (94 events)Click to expand
  1. 2025-06-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2024-04-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2023-05-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2023-02-21
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  5. 2023-02-20
    ALLSOPP, Susan appointed
    secretary
  6. 2023-02-20
    MANSON, Lisa Elizabeth resigned
    secretary
  7. 2023-02-20
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  8. 2023-02-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2023-02-18
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  10. 2023-02-16
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  11. 2023-02-15
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  12. 2023-02-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2023-02-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2023-02-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2023-02-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2023-02-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2023-02-02
    GARE, Michael Adrian appointed
    director
  18. 2023-02-02
    TAYLOR, William Mowbray appointed
    director
  19. 2023-02-02
    WATERSON, Robert Alexander appointed
    director
  20. 2023-02-02
    🔒
    Charge registered #29
    Lender: Michael Adrian Gare as Security Trustee
  21. 2023-02-02
    🔒
    Charge registered #28
    Lender: John Penman as Security Trustee
  22. 2022-10-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2022-09-30
    MUNRO, Don Campbell resigned
    director
  24. 2022-09-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  25. 2022-09-01
    🔓
    Charge satisfied #20
  26. 2022-05-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  27. 2021-05-06
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  28. 2021-05-01
    MANSON, Lisa Elizabeth appointed
    secretary
  29. 2021-03-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  30. 2020-06-30
    KEDDIE, Gary resigned
    secretary
  31. 2018-04-13
    MUNRO, Don Campbell appointed
    director
  32. 2018-04-10
    🔒
    Charge registered #27
    Lender: The Royal Bank of Scotland PLC
  33. 2018-04-10
    🔒
    Charge registered #26
    Lender: The Royal Bank of Scotland PLC
  34. 2018-04-10
    🔒
    Charge registered #25
    Lender: The Royal Bank of Scotland PLC
  35. 2018-04-10
    🔒
    Charge registered #24
    Lender: The Royal Bank of Scotland PLC
  36. 2017-10-06
    MCINTOSH, Craig John William appointed
    director
  37. 2017-10-06
    MORRIS, Roberto Paolo appointed
    director
  38. 2017-10-06
    SMITH, Steven appointed
    director
  39. 2017-10-06
    SMITH, Archibald Orr resigned
    director
  40. 2017-10-06
    SMITH, Christie June resigned
    director
  41. 2017-10-06
    🔒
    Charge registered #23
    Lender: Rbs Invoice Finance Limited
  42. 2017-09-01
    🔓
    Charge satisfied #21
  43. 2016-09-30
    KEDDIE, Gary appointed
    secretary
  44. 2016-05-06
    KORONKA, Stanley resigned
    secretary
  45. 2016-05-06
    KORONKA, Stanley resigned
    director
  46. 2016-05-06
    SMITH, Christie June appointed
    director
  47. 2014-04-30
    DENT JNR, Robert Kirke resigned
    director
  48. 2014-04-30
    UNGER, Charlotte resigned
    director
  49. 2013-04-16
    UNGER, Charlotte appointed
    director
  50. 2012-07-20
    UNGER, Thomas George resigned
    director
Showing most recent 50 of 94 events

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -7 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

80/100
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 66. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 54 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 · 1 low
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.

9 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

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

🏛️
Fifab Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
FIFE FABRICATIONS LIMITED
This company · SC051054

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
Fifab Holdings Limited
Corporate entity
75100%
75-100% shares06/10/2017
1 historic (ceased) PSC
  • Mr Archibald Orr Smithceased 06/10/2017· 50-75% 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 →

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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
Incorporated1972-07-24
Jurisdictionscotland
Primary SIC25990 — SIC 25990

Registered office

29 Rutherford Road
Glenrothes
Fife
KY6 2RT

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-01-20
Last: 2026-01-06

Officers (8 active · 18 resigned)

ALLSOPP, Susan
secretary · appointed 2023-02-20
View their other companies + combined net worth →
Active
GARE, Michael Adrian
director · ~56y · appointed 2023-02-02
View their other companies + combined net worth →
Active
MCINTOSH, Craig John William
director · ~46y · appointed 2017-10-06
View their other companies + combined net worth →
Active
MORRIS, Roberto Paolo
director · ~46y · appointed 2017-10-06
View their other companies + combined net worth →
Active
PENMAN, John
director · ~59y · appointed 2005-08-29
View their other companies + combined net worth →
Active
SMITH, Steven
director · ~52y · appointed 2017-10-06
View their other companies + combined net worth →
Active
TAYLOR, William Mowbray
director · ~66y · appointed 2023-02-02
View their other companies + combined net worth →
Active
WATERSON, Robert Alexander
director · ~64y · appointed 2023-02-02
View their other companies + combined net worth →
Active
KEDDIE, Gary
secretary · appointed 2016-09-30 · resigned 2020-06-30
Resigned
KORONKA, Stanley
secretary · appointed 1990-06-07 · resigned 2016-05-06
Resigned
MANSON, Lisa Elizabeth
secretary · appointed 2021-05-01 · resigned 2023-02-20
Resigned
MACROBERTS (SOLICITORS)
corporate-secretary · resigned 1990-06-07
Resigned
BARRIE, Elizabeth
director · ~76y · appointed 2005-08-29 · resigned 2011-08-31
Resigned
CHAMBERS, William J
director · ~78y · resigned 1992-09-10
Resigned
DENT JNR, Robert Kirke
director · ~84y · appointed 1993-03-26 · resigned 2014-04-30
Resigned
DUNLOP, Michael H S
director · ~79y · appointed 1993-03-26 · resigned 1998-03-17
Resigned
KORONKA, Stanley
director · ~72y · appointed 2005-08-29 · resigned 2016-05-06
Resigned
MULLIGAN, Charles
director · ~84y · resigned 1992-09-10
Resigned
MUNRO, Don Campbell
director · ~79y · appointed 2018-04-13 · resigned 2022-09-30
Resigned
O'DRISCOLL, Eoin
director · ~75y · resigned 1992-09-10
Resigned

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

Mortgages & charges

22
Total charges
9
Outstanding
4
Active lenders
Status:Lender:22 of 22 shown
TypeProperties
outstanding
Michael Adrian Gare as Security Trustee
A registered charge02/02/2023
outstanding
John Penman as Security Trustee
A registered charge02/02/2023
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge10/04/2018
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge10/04/2018
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge10/04/2018
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge10/04/2018
outstanding
NatWest Group
Rbs Invoice Finance Limited
A registered charge1 property06/10/2017
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property22/01/2000
satisfied
Fife Regional Council
Standard security1 property14/12/199501/09/2017
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property14/12/199501/09/2022
satisfied
Kellock
Kellock Limited
Bond & floating charge1 property18/09/199223/04/1997
satisfied
Allied Irish Banks
Allied Irish Banks PLC
Floating charge1 property20/06/199009/10/1992
satisfied
Allied Irish Banks
Allied Irish Banks PLC
Standard security1 property22/05/198907/04/1993
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/01/198607/04/1993
satisfied
National Commercial & Glyns
National Commercial & Glyns LTD
Standard security1 property23/01/198622/12/1992
satisfied
Glenrothes Development Corporation
Standard security1 property23/01/198607/04/1993
satisfied
National Commercial & Glyns
National Commercial & Glyns LTD
Standard security1 property01/03/198407/04/1993
satisfied
National Commercial & Glynns
National Commercial & Glynns LTD
Bond & floating charge1 property18/01/198206/10/1989
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property19/11/198007/04/1993
satisfied
Glenrothes Development Corporation
Standard security1 property30/06/197706/04/1993
satisfied
Glenrothes Development Corp
Standard security1 property26/07/197306/04/1993
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property24/08/1972
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (204 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-16
accounts-with-accounts-type-full
accounts · AA
2025-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-13
accounts-with-accounts-type-full
accounts · AA
2024-04-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-10
accounts-with-accounts-type-full
accounts · AA
2023-05-23
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2023-02-21
appoint-person-secretary-company-with-name-date
officers · AP03
2023-02-20
termination-secretary-company-with-name-termination-date
officers · TM02
2023-02-20
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2023-02-18
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2023-02-16
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2023-02-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-06