FIELD ENGINEERING SERVICES LIMITED

💤Zombieactive
SC129512 · ltd · incorporated 1991-01-22
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 Mar 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 33190
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. 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 (58/100).

Data confidence

Overall: medium (77/100)

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
Confirmed no charges registered
85
Directors & officers
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
88 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
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees400400

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-12-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-03-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2016-12-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-03-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2016-01-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-02-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-12-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2011-12-31
    GRAY, George Beaton resigned
    director
  17. 2010-10-01
    GRAY, Heather Elizabeth appointed
    secretary
  18. 2010-10-01
    GRAY, Keith Henderson appointed
    director
  19. 2010-09-30
    GRAY, Elizabeth Maureen resigned
    secretary
  20. 2010-09-30
    DAVIDSON, James Minto resigned
    director
  21. 1996-12-16
    HOPKINS, Donald Alexander resigned
    director
  22. 1991-04-06
    GRAY, George Beaton appointed
    director
  23. 1991-01-22
    🏢
    Company incorporated
    As FIELD ENGINEERING SERVICES LIMITED
  24. 1991-01-22
    GRAY, Elizabeth Maureen appointed
    secretary
  25. 1991-01-22
    DAVIDSON, James Minto appointed
    director
  26. 1991-01-22
    HOPKINS, Donald Alexander appointed
    director
  27. 1991-01-22
    MABBOTT, Stephen appointed
    nominee-director
  28. 1991-01-22
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

85/100
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.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 35 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Keith Henderson Gray
Individual · British · DOB 02/1974 · age 52
5075%
50-75% shares01/08/2016

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

Similar companies

Active · Manufacturing · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
FLOATING GRID LNG LIMITED
SC884345 · est 2026 · no financials extracted
FOLK INSPECTION SERVICES LTD
SC742142 · est 2022 · no financials extracted
3y
GENUS SCOTLAND LTD
SC511857 · est 2015 · no financials extracted
10y
GIANT GREEN LEAF ENERGY LTD
SC835337 · est 2025 · no financials extracted
1y
GILMAR ENGINEERING LIMITED
SC191115 · est 1998 · no financials extracted
27y
GL SUBSEA & ENGINEERING LIMITED
SC556909 · est 2017 · no financials extracted
9y
GLAM WITH A TAN LTD
SC827873 · est 2024 · no financials extracted
1y
GLENCOMMON LTD
SC806069 · est 2024 · no financials extracted
2y
GLENCRAFT (ABERDEEN) LIMITED
SC372729 · est 2010 · no financials extracted
16y
GLIC LTD.
SC551266 · est 2016 · no financials extracted
9y
GM TECHNICAL INSPECTION LTD
SC420999 · est 2012 · no financials extracted
14y
GORDON ENGINEERING SERVICES ABERDEEN LTD
SC171310 · est 1997 · no financials extracted
29y
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
Incorporated1991-01-22
Jurisdictionscotland
Primary SIC33190 — SIC 33190

Registered office

2 Westwood Park
Kinellar
Aberdeen
AB21 0JS
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-05
Last: 2026-01-22

Officers (2 active · 5 resigned)

GRAY, Heather Elizabeth
secretary · appointed 2010-10-01
View their other companies + combined net worth →
Active
GRAY, Keith Henderson
director · ~52y · appointed 2010-10-01
View their other companies + combined net worth →
Active
GRAY, Elizabeth Maureen
secretary · appointed 1991-01-22 · resigned 2010-09-30
Resigned
DAVIDSON, James Minto
director · ~80y · appointed 1991-01-22 · resigned 2010-09-30
Resigned
GRAY, George Beaton
director · ~80y · appointed 1991-04-06 · resigned 2011-12-31
Resigned
HOPKINS, Donald Alexander
director · ~86y · appointed 1991-01-22 · resigned 1996-12-16
Resigned
MABBOTT, Stephen
nominee-director · ~76y · appointed 1991-01-22 · resigned 1991-01-22
Resigned

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

Recent filings (88 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-02-25