FASTFIT AIRDRIE LIMITED

💤Zombieactive
SC130220 · ltd · incorporated 1991-02-25
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£1.97M
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (80/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 34.3y

15/100
under pressure

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

  • · Oldest live charge is 34.3 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
105 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,967,950
Cash YoY
+230%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£295k
↑ 230% YoY
Net Worth
£2.0m
↑ 7.3% YoY
Current Assets
—
Current Liabilities
—
£0£394k£787k£1.2m£1.6m£2.0mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Cash£294.6k£89.3k
Net assets£1.97M£1.83M

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

🔒Filing-note intelligence

3 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 accounts
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-11-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2017-11-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2017-11-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  12. 2017-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-01-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2016-11-02
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2016-03-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2011-07-12
    🔓
    Charge satisfied #5
  17. 2011-03-01
    🔓
    Charge satisfied #4
  18. 2010-09-28
    🔒
    Charge registered #5
    Lender: Clydesdale Bank PLC
  19. 2004-05-26
    🔓
    Charge satisfied #2
  20. 2004-05-26
    🔓
    Charge satisfied #1
  21. 2000-03-30
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  22. 1996-08-30
    🔓
    Charge satisfied #3
  23. 1996-08-01
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  24. 1996-08-01
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  25. 1993-09-22
    ➕
    RAFFERTY, Angelina appointed
    secretary
  26. 1993-09-22
    ➕
    RAFFERTY, James William appointed
    director
  27. 1993-09-22
    ➖
    WATSON, Linda resigned
    secretary
  28. 1993-09-22
    ➖
    TORRANCE, Alexander resigned
    director
  29. 1992-04-23
    ➖
    TENNENT, Samuel resigned
    secretary
  30. 1992-04-23
    ➕
    WATSON, Linda appointed
    secretary
  31. 1992-02-13
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  32. 1991-02-25
    🏢
    Company incorporated
    As FASTFIT AIRDRIE LIMITED
  33. 1991-02-25
    ➕
    MABBOTT, Lesley appointed
    nominee-secretary
  34. 1991-02-25
    ➖
    MABBOTT, Lesley resigned
    nominee-secretary
  35. 1991-02-25
    ➕
    TENNENT, Samuel appointed
    secretary
  36. 1991-02-25
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  37. 1991-02-25
    ➖
    MABBOTT, Stephen resigned
    nominee-director
  38. 1991-02-25
    ➕
    TORRANCE, Alexander appointed
    director

Owner dependency

93/100
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 33 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

95/100
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 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
  • 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

1 med ·
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.

Group structure

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

🏛️
Jwr Fastfit Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
FASTFIT AIRDRIE LIMITED
This company · SC130220

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
Jwr Fastfit Limited
Corporate entity
75–100%
—75-100% shares06/04/2016
2 historic (ceased) PSCs
  • Angelina Raffertyceased 06/04/2016· 25-50% shares
  • Mr James William Raffertyceased 06/04/2016· 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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1991-02-25
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

52 Southburn Road
Airdrie
ML6 9AD

Filing status

Accounts
Next due: 2026-12-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-13
Last: 2025-11-29

Officers (2 active · 5 resigned)

RAFFERTY, Angelina→
secretary · appointed 1993-09-22
View their other companies + combined net worth →
Active
RAFFERTY, James William→
director · ~63y · appointed 1993-09-22
View their other companies + combined net worth →
Active
MABBOTT, Lesley→
nominee-secretary · appointed 1991-02-25 · resigned 1991-02-25
Resigned
TENNENT, Samuel→
secretary · appointed 1991-02-25 · resigned 1992-04-23
Resigned
WATSON, Linda→
secretary · appointed 1992-04-23 · resigned 1993-09-22
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1991-02-25 · resigned 1991-02-25
Resigned
TORRANCE, Alexander→
director · ~79y · appointed 1991-02-25 · resigned 1993-09-22
Resigned

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

Mortgages & charges

5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank PLC
Floating charge1 property28/09/201012/07/2011
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property30/03/200001/03/2011
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property01/08/199626/05/2004
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property01/08/199626/05/2004
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property13/02/199230/08/1996

Recent filings (105 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-12
confirmation-statement-with-updates
confirmation-statement · CS01
2019-12-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-12-24