RAY'S FAST FOODS LTD.

💤Zombieactive

SC222383 · ltd · incorporated 2001-08-21

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 Aug 2024

Net worth

£28.4k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Take-away food shops and mobile food stands

Sector: Accommodation & food service

Investor take

Pursue

Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). 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).

Data confidence

Overall: medium (75/100)

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

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

58 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £28,351

Net assets shrinking

Down £1,487 YoY

Cash YoY

+7%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£38k

↑ 6.6% YoY

Net Worth

£28k

↓ 5.0% YoY

Current Assets

£43k

↑ 1.3% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-08-31	2023-08-31
Total assets	£28.7k	£30.6k
Current assets	£43.3k	£42.8k
Cash	£37.8k	£35.4k
Debtors	£2.2k	£3.9k
Net assets	£28.4k	£29.8k

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

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2025-05-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-05-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-02-24
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-09-01
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-05-14
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-09-03
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-02-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2013-09-03
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2001-08-23
➕
RUNCIE, Jill appointed
secretary
2001-08-23
➕
BROWN, Raymond appointed
director
2001-08-23
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2001-08-23
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director
2001-08-21
🏢
Company incorporated
As RAY'S FAST FOODS LTD.
2001-08-21
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2001-08-21
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director

Owner dependency

100/100

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.
+Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

100/100

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 71 years old. Natural succession window is now.
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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Raymond Brown Individual · British · DOB 04/1955 · age 71	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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

Statusactive

Typeltd

Incorporated2001-08-21

Jurisdictionscotland

Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

95a Hayton Road

Aberdeen

AB24 2RN

Filing status

Accounts

Next due: 2026-05-31

Last made up to: 2024-08-31

Confirmation statement

Next due: 2026-09-05

Last: 2025-08-22

Officers (2 active · 2 resigned)

RUNCIE, Jill→

secretary · appointed 2001-08-23

View their other companies + combined net worth →

Active

BROWN, Raymond→

director · ~71y · appointed 2001-08-23

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2001-08-21 · resigned 2001-08-23

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2001-08-21 · resigned 2001-08-23

Resigned

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