FEL LIMITED
⚰️Wound downdissolved
SC212592 · ltd · incorporated 2000-11-06
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2022
Net worth
—
book net assets
Opportunity
63/100
Worth a look
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (65/100, director aged 62). Share purchase looks the cleaner deal structure. 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).
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
Confirmed no charges registered
85
Directors & officers
12 officers (1 active, 12 linked, 7 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
78 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2022-04-30 | 2021-04-30 |
|---|
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
- 2023-05-16📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2023-05-16🏁Company dissolved
- 2023-02-28📄gazette-notice-voluntarygazette · GAZ1(A)
- 2023-02-16📄dissolution-application-strike-off-companydissolution · DS01
- 2023-02-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-02-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-05-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-09-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-09-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-12-01➖MCGILL, Craig resignedsecretary
- 2019-12-01➖MCGILL, Craig resigneddirector
- 2019-11-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-01-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-12-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-01-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-02-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-02-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-12-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-01-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-12-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-08-07➕MCGILL, Craig appointedsecretary
- 2014-08-07➖YEOMAN, Craig William resignedsecretary
- 2014-08-07➕MCGILL, Craig appointeddirector
- 2014-08-07➖YEOMAN, Craig William resigneddirector
- 2014-08-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2009-12-31➖HORNE, Andrew Robert resigneddirector
- 2009-12-18➖HORNE, Andrew Robert resignedsecretary
- 2009-12-18➕YEOMAN, Craig William appointedsecretary
- 2009-12-18➕YEOMAN, Craig William appointeddirector
- 2002-12-23➖LEE, Andrew Davidson resigneddirector
- 2002-04-26➕HORNE, Andrew Robert appointedsecretary
- 2002-04-26➖OLIVER, Ruth Celia Kathleen resignedsecretary
- 2002-02-11➕BULTITUDE, Bruce Charles appointeddirector
- 2002-02-11➕HORNE, Andrew Robert appointeddirector
- 2001-12-27➕OLIVER, Ruth Celia Kathleen appointedsecretary
- 2001-12-27➖D.W. COMPANY SERVICES LIMITED resignedcorporate-nominee-secretary
- 2001-12-27➖CRAWFORD, Douglas James resigneddirector
- 2001-12-27➕LEE, Andrew Davidson appointeddirector
- 2001-12-27➖POLSON, Michael Buchanan resigneddirector
- 2000-11-06🏢Company incorporatedAs FEL LIMITED
- 2000-11-06➕D.W. COMPANY SERVICES LIMITED appointedcorporate-nominee-secretary
- 2000-11-06➕CRAWFORD, Douglas James appointeddirector
- 2000-11-06➕POLSON, Michael Buchanan appointeddirector
Owner dependency
93/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 26 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 ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2023-05-16
Group structure
Power Jacks Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Power Jacks Ltd
Corporate parent · holds 75-100% shares · board control
⬇
FEL LIMITED
This company · SC212592
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 |
|---|---|---|---|---|
Power Jacks Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 · Other · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALLRIG LIMITED→ SC443569 · est 2013 | — | — | — | 300 | 13y | 87 | 50y |
| HARVEST MINISTRIES LIMITED→ SC390765 · est 2010 · no financials extracted | — | — | — | — | 15y | 83 | 78y |
| THE BANFFSHIRE PARTNERSHIP LTD.→ SC201922 · est 1999 · no financials extracted | — | — | — | — | 26y | 83 | 74y |
| ABERDEEN LIFE CENTRE LTD→ SC399756 · est 2011 | — | — | £90.4k | — | 15y | 82 | 59y |
| FORBLAST LIMITED→ SC111830 · est 1988 · no financials extracted | — | — | — | — | 37y | 82 | 75y |
| G.F. FARQUHAR (FARMS) LIMITED→ SC250857 · est 2003 | — | — | £132.6k | — | 22y | 82 | 69y |
| GRAMPIAN SCAFFOLDING (HOLDINGS) LIMITED→ SC126534 · est 1990 | — | — | £30.6k | — | 35y | 82 | 76y |
| M. FERRAR & SONS (GLASGOW) LIMITED→ SC036274 · est 1961 · no financials extracted | — | — | — | — | 65y | 82 | 86y |
| ROADS PROJECT→ SC263629 · est 2004 | — | — | £302.2k | — | 22y | 82 | 80y |
| SCORE TURBINES LIMITED→ SC279851 · est 2005 · no financials extracted | — | — | — | — | 21y | 82 | 70y |
| ABERDEEN SEAFARERS CENTRE LIMITED→ SC348752 · est 2008 · no financials extracted | — | — | — | — | 17y | 81 | 79y |
| FETTERANGUS COMMUNITY ASSOCIATION→ SC342994 · est 2008 · no financials extracted | — | — | — | — | 18y | 81 | 66y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2000-11-06
Jurisdictionscotland
Primary SIC99999 — SIC 99999
Registered office
Power Jacks Kingshill, Prospect Road
Arnhall Business Park
Westhill
AB32 6FP
Scotland
Filing status
Accounts
Next due: —
Last made up to: 2022-04-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 11 resigned)
BULTITUDE, Bruce Charles→
Activedirector · ~62y · appointed 2002-02-11
View their other companies + combined net worth →
HORNE, Andrew Robert→
Resignedsecretary · appointed 2002-04-26 · resigned 2009-12-18
MCGILL, Craig→
Resignedsecretary · appointed 2014-08-07 · resigned 2019-12-01
OLIVER, Ruth Celia Kathleen→
Resignedsecretary · appointed 2001-12-27 · resigned 2002-04-26
YEOMAN, Craig William→
Resignedsecretary · appointed 2009-12-18 · resigned 2014-08-07
D.W. COMPANY SERVICES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2000-11-06 · resigned 2001-12-27
CRAWFORD, Douglas James→
Resigneddirector · ~61y · appointed 2000-11-06 · resigned 2001-12-27
HORNE, Andrew Robert→
Resigneddirector · ~81y · appointed 2002-02-11 · resigned 2009-12-31
LEE, Andrew Davidson→
Resigneddirector · ~82y · appointed 2001-12-27 · resigned 2002-12-23
MCGILL, Craig→
Resigneddirector · ~57y · appointed 2014-08-07 · resigned 2019-12-01
POLSON, Michael Buchanan→
Resigneddirector · ~62y · appointed 2000-11-06 · resigned 2001-12-27
YEOMAN, Craig William→
Resigneddirector · ~55y · appointed 2009-12-18 · resigned 2014-08-07
Click a director name to see their full track record across all companies.
Recent filings (78 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2023-05-16
gazette-notice-voluntary
gazette · GAZ1(A)
2023-02-28
dissolution-application-strike-off-company
dissolution · DS01
2023-02-16
accounts-with-accounts-type-dormant
accounts · AA
2023-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-06
accounts-with-accounts-type-dormant
accounts · AA
2022-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-20
accounts-with-accounts-type-dormant
accounts · AA
2021-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-09
termination-secretary-company-with-name-termination-date
officers · TM02
2020-09-09
termination-director-company-with-name-termination-date
officers · TM01
2020-09-09
accounts-with-accounts-type-dormant
accounts · AA
2019-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-18
accounts-with-accounts-type-dormant
accounts · AA
2019-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-12-10