AC & IC FRASER & SON LIMITED

🌳Matureactive

SC216589 · ltd · incorporated 2001-03-09

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 25.1y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£1.79M

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Retail sale of automotive fuel in specialised stores

Sector: Wholesale & retail

Investor take

Pursue

Active trading company with a 75-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 75). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 25.1y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 25.1 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

6 officers (4 active, 6 linked, 3 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

64 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £1,792,760

Cash YoY

-11%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£741k

↓ 11% YoY

Net Worth

£1.8m

↑ 8.9% YoY

Current Assets

£1.1m

↓ 13% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£1.95M	£1.86M
Current assets	£1.08M	£1.24M
Cash	£741.1k	£835.9k
Debtors	£175.5k	£242.6k
Net assets	£1.79M	£1.65M

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

🔒Filing-note intelligence

1 signal 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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2025-11-17
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-10
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-14
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-29
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-22
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-01-07
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-12-23
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-11-06
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2017-11-22
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2016-10-12
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-12
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-19
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-03-14
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-11-04
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-05-13
📄
mortgage-create-with-deed-with-charge-number
mortgage · MR01
2014-04-23
🔒
Charge registered #4
Lender: The Royal Bank of Scotland PLC
2004-02-02
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2001-04-02
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2001-03-09
🏢
Company incorporated
As AC & IC FRASER & SON LIMITED
2001-03-09
➕
FRASER, Iris Campbell appointed
secretary
2001-03-09
➕
FRASER, Alistair Campbell appointed
director
2001-03-09
➕
FRASER, Allan Campbell appointed
director
2001-03-09
➕
FRASER, Iris Campbell appointed
director
2001-03-09
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2001-03-09
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2001-03-09
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2001-03-09
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

98/100

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

+Founder name in company name: Company name contains director surname "FRASER" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 75 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 25 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Alistair Campbell Fraser Individual · British · DOB 06/1951 · age 75	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2016
Mrs Iris Campbell Fraser Individual · British · DOB 01/1955 · age 71	25–50%	25–50%	board control25-50% shares · 25-50% 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 · Retail · IV postcode area

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DECORA LIMITED→ SC080155 · est 1982	£956.8k £717.6k–£1.20M	£4.97M	—	7800	43y	87	82y
BEN WYVIS KILTS LIMITED→ SC272661 · est 2004	—	—	£400.8k	—	21y	83	72y
BONK & CO. LIMITED→ SC064104 · est 1978	—	—	—	18	48y	83	65y
INVERNESS GOLF CENTRE LIMITED→ SC187445 · est 1998	—	—	£293.8k	—	27y	83	63y
PHOENIX FINDHORN C.I.C.→ SC155512 · est 1995 · no financials extracted	—	—	—	—	31y	83	70y
AVCO INDUSTRIAL SUPPLIES LIMITED→ SC259260 · est 2003	—	—	£63.6k	—	22y	82	72y
BISHOPMILL PHARMACY LTD.→ SC196876 · est 1999	—	—	£615.4k	—	26y	82	68y
C.D.L.T. MANAGEMENT SERVICES LIMITED→ SC117333 · est 1989 · no financials extracted	—	—	—	—	37y	82	79y
SPEYSIDE ECO-HEAT LIMITED→ SC418480 · est 2012 · no financials extracted	—	—	—	—	14y	—	—
TST1 ENTERPRISES LTD→ SC758547 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
V&C RODGERS LTD→ SC865986 · est 2025 · no financials extracted	—	—	—	—	—	—	—
V&V LOGISTIK PRIVATE LIMITED→ SC557442 · est 2017 · no financials extracted	—	—	—	—	9y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2001-03-09

Jurisdictionscotland

Primary SIC47300 — Retail sale of automotive fuel in specialised stores

Registered office

Glendhu

Garve Road

Ullapool

IV26 2SX

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-23

Last: 2026-03-09

Officers (4 active · 2 resigned)

FRASER, Iris Campbell→

secretary · appointed 2001-03-09

View their other companies + combined net worth →

Active

FRASER, Alistair Campbell→

director · ~75y · appointed 2001-03-09

View their other companies + combined net worth →

Active

FRASER, Allan Campbell→

director · ~51y · appointed 2001-03-09

View their other companies + combined net worth →

Active

FRASER, Iris Campbell→

director · ~71y · appointed 2001-03-09

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2001-03-09 · resigned 2001-03-09

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2001-03-09 · resigned 2001-03-09

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:3 of 3 shown

		Type	Properties
outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	1 property	23/04/2014	—
outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	02/02/2004	—
outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	02/04/2001	—

Click column headers to sort. Use filters above to narrow by status and lender.