FIONNAR SPRINGS LTD.

🌳Matureactive
SC230770 · ltd · incorporated 2002-04-25
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 21.7y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£273.5k
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 11070
Sector: Manufacturing
ALSO REGISTERED FOR
  • 82990Other business support service activities n.e.c.
Investor take
Pursue
Asset-holding vehicle with a 92-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 92). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 21.7y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 21.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (85/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 6 with DOB)
83
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
71 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 £273,469

Key financials

3 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£273k
↑ 16% YoY
Current Assets
£222k
↑ 7.8% YoY
Current Liabilities
—
£0£55k£109k£164k£219k£273kJul 2023Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-07-312024-07-312023-07-31
Total assets£291.4k£263.5k£186.9k
Current assets£221.5k£205.5k£164.6k
Net assets£273.5k£235.7k£176.7k

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2026-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-05-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-05-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-05-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2025-05-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2025-05-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2025-04-25
    ➕
    BOND, Christine appointed
    director
  9. 2025-04-25
    ➕
    FARQUHAR, Sarah Ross appointed
    director
  10. 2024-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2024-01-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2024-01-16
    🔓
    Charge satisfied #1
  13. 2023-07-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-07-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2020-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-04-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-05-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-04-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2015-05-21
    ➖
    FARQUHAR, Sarah resigned
    director
  21. 2015-05-01
    ➖
    MACLEOD, Garry resigned
    director
  22. 2014-01-09
    ➕
    FARQUHAR, Sarah appointed
    director
  23. 2014-01-09
    ➕
    MACLEOD, Garry appointed
    director
  24. 2010-10-01
    ➖
    FARQUHAR, Mildred resigned
    secretary
  25. 2009-03-01
    ➖
    FARQUHAR, Sarah Ross resigned
    director
  26. 2004-11-17
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  27. 2002-04-25
    🏢
    Company incorporated
    As FIONNAR SPRINGS LTD.
  28. 2002-04-25
    ➕
    FARQUHAR, Alexander Ross appointed
    director
  29. 2002-04-25
    ➕
    FARQUHAR, Mildred appointed
    secretary
  30. 2002-04-25
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  31. 2002-04-25
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  32. 2002-04-25
    ➕
    FARQUHAR, Sarah Ross appointed
    director
  33. 2002-04-25
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  34. 2002-04-25
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 92 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
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 92 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • 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
NameSharesVoting rightsNature of controlNotified
Ms Christine Bond
Individual · British · DOB 11/1945 · age 81
25–50%
—25-50% shares14/09/2024
Miss Sarah Ross Farquhar
Individual · Scottish · DOB 09/1969 · age 57
25–50%
—25-50% shares14/09/2024
1 historic (ceased) PSC
  • Alexander Ross Farquharceased 14/09/2024· 75-100% shares · 75-100% voting

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
Incorporated2002-04-25
Jurisdictionscotland
Primary SIC11070 — SIC 11070

Registered office

4th Floor Metropolitan House
31-33 High Street
Inverness
IV1 1HT

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-10-15
Last: 2025-10-01

Officers (3 active · 6 resigned)

BOND, Christine→
director · ~81y · appointed 2025-04-25
View their other companies + combined net worth →
Active
FARQUHAR, Alexander Ross→
director · ~92y · appointed 2002-04-25
View their other companies + combined net worth →
Active
FARQUHAR, Sarah Ross→
director · ~57y · appointed 2025-04-25
View their other companies + combined net worth →
Active
FARQUHAR, Mildred→
secretary · appointed 2002-04-25 · resigned 2010-10-01
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2002-04-25 · resigned 2002-04-25
Resigned
FARQUHAR, Sarah→
director · ~57y · appointed 2014-01-09 · resigned 2015-05-21
Resigned
FARQUHAR, Sarah Ross→
director · ~57y · appointed 2002-04-25 · resigned 2009-03-01
Resigned
MACLEOD, Garry→
director · ~65y · appointed 2014-01-09 · resigned 2015-05-01
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2002-04-25 · resigned 2002-04-25
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 Royal Bank of Scotland PLC
Bond & floating charge1 property17/11/200416/01/2024

Recent filings (71 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-03
appoint-person-director-company-with-name-date
officers · AP01
2025-05-15
appoint-person-director-company-with-name-date
officers · AP01
2025-05-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-17
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-19
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-12