FPL REALISATIONS LIMITED
⚰️Wound downdissolved
SC187895 · ltd · incorporated 1998-07-24
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 27.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
58/100
Worth a look
What this business does
Primary activity: SIC 7487
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 58/100 (worth a look), bankability 60/100. Strong seller-intent signal (78/100, director aged 65). Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
18 live charges · 2 lenders · oldest 27.2y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 27.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
18 charges (18/18 with lender, 18/18 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
13 connected companies via shared directors
84
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
20
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
56
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (59 events)Click to expand
- 2014-04-25📄gazette-dissolved-compulsorygazette · GAZ2
- 2014-04-25🏁Company dissolved
- 2014-01-03📄gazette-notice-voluntarygazette · GAZ1(A)
- 2013-04-16📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2013-03-15📄gazette-notice-compulsorygazette · GAZ1
- 2012-09-06📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2012-07-27📄gazette-notice-compulsorygazette · GAZ1
- 2011-09-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2011-09-13📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2011-09-01➖SPANNER, Richard Timothy resignedsecretary
- 2011-09-01➖SPANNER, Richard Timothy resigneddirector
- 2011-08-19✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2011-08-19📄resolutionresolution · RESOLUTIONS
- 2010-12-10📄legacymortgage · MG02s
- 2010-12-10📄legacymortgage · MG02s
- 2010-12-09🔓Charge satisfied #16
- 2010-12-09🔓Charge satisfied #15
- 2010-08-25📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-08-25📄change-person-director-company-with-change-dateofficers · CH01
- 2010-06-01📄accounts-with-accounts-type-fullaccounts · AA
- 2009-07-24📄legacyannual-return · 363a
- 2009-06-01📄accounts-with-accounts-type-fullaccounts · AA
- 2008-08-15📄legacyannual-return · 363a
- 2008-05-08📄accounts-with-accounts-type-fullaccounts · AA
- 2007-11-29📄miscellaneousmiscellaneous · MISC
- 2007-07-31📄legacyannual-return · 363a
- 2007-06-04📄accounts-with-accounts-type-fullaccounts · AA
- 2006-12-01📄accounts-with-accounts-type-fullaccounts · AA
- 2006-08-03📄legacyannual-return · 363a
- 2006-06-09📍legacyaddress · 287
- 2006-01-24🔓Charge satisfied #17
- 2005-12-23🔓Charge satisfied #18
- 2005-11-10➕SPANNER, Richard Timothy appointedsecretary
- 2005-11-10➖HBJ SECRETARIAL LIMITED resignedcorporate-nominee-secretary
- 2002-09-16🔒Charge registered #18Lender: Carlsberg-Tetley Scotland Limited
- 2002-09-10🔒Charge registered #17Lender: Carlsberg-Tetley Scotland Limited
- 2001-12-17🔒Charge registered #16Lender: Clydesdale Bank Public Limited Company
- 2001-12-13🔒Charge registered #15Lender: Clydesdale Bank Public Limited Company
- 2001-11-13🔒Charge registered #14Lender: Clydesdale Bank Public Limited Company
- 2001-11-01🔒Charge registered #13Lender: Clydesdale Bank Public Limited Company
- 2001-10-10🔒Charge registered #12Lender: Clydesdale Bank Public Limited Company
- 2001-08-27🔒Charge registered #11Lender: Clydesdale Bank Public Limited Company
- 2001-08-08🔒Charge registered #10Lender: Clydesdale Bank Public Limited Company
- 2001-07-10🔒Charge registered #9Lender: Clydesdale Bank Public Limited Company
- 2001-06-27🔒Charge registered #8Lender: Clydesdale Bank Public Limited Company
- 2001-02-21🔒Charge registered #7Lender: Clydesdale Bank Public Limited Company
- 2001-02-15🔒Charge registered #6Lender: Clydesdale Bank Public Limited Company
- 2001-02-15🔒Charge registered #5Lender: Clydesdale Bank Public Limited Company
- 2001-01-08🔒Charge registered #4Lender: Clydesdale Bank Public Limited Company
- 2000-03-01➕WAUGH, Catriona Williamson appointeddirector
Showing most recent 50 of 59 events
Owner dependency
91/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 28 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 high · 1 med · 1 lowCompany dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2014-04-25
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
14 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
🔒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
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|---|---|---|---|---|---|---|---|
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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
Statusdissolved
Typeltd
Incorporated1998-07-24
Jurisdictionscotland
Primary SIC7487 — SIC 7487
Registered office
C/O David Johnson & Co Llp
14 Stafford Street
Edinburgh
Midlothian
EH3 7AU
Filing status
Accounts
Next due: —
Last made up to: 2009-07-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 4 resigned)
WAUGH, Catriona Williamson→
Activedirector · ~61y · appointed 2000-03-01
View their other companies + combined net worth →
WAUGH, Kenneth Mcdougall→
Activedirector · ~65y · appointed 1998-07-24
View their other companies + combined net worth →
SPANNER, Richard Timothy→
Resignedsecretary · appointed 2005-11-10 · resigned 2011-09-01
HBJ SECRETARIAL LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-07-24 · resigned 2005-11-10
SPANNER, Richard Timothy→
Resigneddirector · ~66y · appointed 2000-03-01 · resigned 2011-09-01
HENDERSON BOYD JACKSON LIMITED→
Resignedcorporate-nominee-director · appointed 1998-07-24 · resigned 1998-07-24
Click a director name to see their full track record across all companies.
Mortgages & charges
18
Total charges
14
Outstanding
1
Active lenders
Status:Lender:18 of 18 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Carlsberg-Tetley Scotland Carlsberg-Tetley Scotland Limited | Standard security | 1 property | 16/09/2002 | 23/12/2005 | |
| satisfied | Carlsberg-Tetley Scotland Carlsberg-Tetley Scotland Limited | Bond & floating charge | 1 property | 10/09/2002 | 24/01/2006 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 17/12/2001 | 09/12/2010 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 13/12/2001 | 09/12/2010 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 13/11/2001 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 01/11/2001 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 10/10/2001 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 27/08/2001 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 08/08/2001 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 10/07/2001 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 2 properties | 27/06/2001 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 21/02/2001 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 15/02/2001 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 15/02/2001 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 08/01/2001 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 04/10/1999 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 2 properties | 05/03/1999 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 23/02/1999 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (70 total)
gazette-dissolved-compulsory
gazette · GAZ2
2014-04-25
gazette-notice-voluntary
gazette · GAZ1(A)
2014-01-03
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2013-04-16
gazette-notice-compulsory
gazette · GAZ1
2013-03-15
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2012-09-06
gazette-notice-compulsory
gazette · GAZ1
2012-07-27
termination-director-company-with-name-termination-date
officers · TM01
2011-09-13
termination-secretary-company-with-name-termination-date
officers · TM02
2011-09-13
certificate-change-of-name-company
change-of-name · CERTNM
2011-08-19
resolution
resolution · RESOLUTIONS
2011-08-19
legacy
mortgage · MG02s
2010-12-10
legacy
mortgage · MG02s
2010-12-10
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-08-25
change-person-director-company-with-change-date
officers · CH01
2010-08-25
accounts-with-accounts-type-full
accounts · AA
2010-06-01