FLPCO LIMITED

💤Zombieactive
SC222324 · ltd · incorporated 2001-08-17
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 Dec 2024
Net worth
£12.0k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Repair of machinery
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 60-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 60). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 22.2y

45/100
under pressure

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

  • · Oldest live charge is 22.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £12,037

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£12k
↑ 26849% YoY
Current Assets
£98k
↓ 12% YoY
Current Liabilities
-£45£22k£45k£67k£89k£112kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£16.2k£14.1k
Current assets£97.9k£111.5k
Net assets£12.0k£-45

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-12-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-03-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2021-03-23
    🔓
    Charge satisfied #1
  8. 2020-08-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-08-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2019-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-09-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-08-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-08-24
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  16. 2015-08-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2007-03-01
    MCLAREN, John James resigned
    director
  18. 2004-01-26
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  19. 2003-01-01
    MCLAREN, John James appointed
    director
  20. 2001-08-17
    🏢
    Company incorporated
    As FLPCO LIMITED
  21. 2001-08-17
    MOORE, Suzanne appointed
    secretary
  22. 2001-08-17
    MOORE, Gary appointed
    director
  23. 2001-08-17
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  24. 2001-08-17
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

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 25 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. 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 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Gary Patrick Anthony Moore
Individual · Irish · DOB 07/1966 · age 60
75100%
75-100% shares22/08/2016

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 →

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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
Incorporated2001-08-17
Jurisdictionscotland
Primary SIC33120 — Repair of machinery

Registered office

Little Strath Steading
Fettercairn
Laurencekirk
AB30 1YD
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-05
Last: 2025-08-22

Officers (2 active · 2 resigned)

MOORE, Suzanne
secretary · appointed 2001-08-17
View their other companies + combined net worth →
Active
MOORE, Gary
director · ~60y · appointed 2001-08-17
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2001-08-17 · resigned 2001-08-17
Resigned
MCLAREN, John James
director · ~56y · appointed 2003-01-01 · resigned 2007-03-01
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property26/01/200423/03/2021

Recent filings (63 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-24
mortgage-satisfy-charge-full
mortgage · MR04
2021-03-23
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-22