FRASER BROS LIMITED

🌳Matureactive
SC241063 · ltd · incorporated 2002-12-12
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 22.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Retail sale of meat and meat products in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), bankability 85/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 22.9y

70/100
ready

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

  • · Oldest live charge is 22.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
75 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees17001900

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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2025-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2024-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-05-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-11-09
    📄
    capital-allotment-shares
    capital · SH01
  8. 2022-03-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-03-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2021-11-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2021-11-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2021-11-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2021-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-10-01
    ➕
    MACLEMAN, Amanda J appointed
    director
  15. 2021-10-01
    ➕
    MACLEMAN, Brent appointed
    director
  16. 2021-07-23
    📄
    capital-cancellation-shares
    capital · SH06
  17. 2021-07-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2021-07-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2021-07-23
    📄
    capital-return-purchase-own-shares
    capital · SH03
  20. 2021-06-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2021-06-14
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  22. 2021-06-03
    ➖
    DUFFUS, Graeme resigned
    secretary
  23. 2021-06-03
    ➖
    DUFFUS, Graeme resigned
    director
  24. 2021-04-18
    🔓
    Charge satisfied #2
  25. 2006-06-06
    🔓
    Charge satisfied #1
  26. 2006-04-12
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  27. 2003-06-19
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  28. 2003-02-06
    ➕
    MACLEMAN, Malcolm appointed
    director
  29. 2003-02-06
    ➖
    BAIN, Steven James resigned
    nominee-secretary
  30. 2003-02-06
    ➕
    DUFFUS, Graeme appointed
    secretary
  31. 2003-02-06
    ➕
    DUFFUS, Graeme appointed
    director
  32. 2003-02-06
    ➖
    YOUNG, William Leith resigned
    nominee-director
  33. 2002-12-12
    🏢
    Company incorporated
    As FRASER BROS LIMITED
  34. 2002-12-12
    ➕
    BAIN, Steven James appointed
    nominee-secretary
  35. 2002-12-12
    ➕
    YOUNG, William Leith appointed
    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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — MACLEMAN, Brent (same surname) appointed 2021-10-01. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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
NameSharesVoting rightsNature of controlNotified
Mr Brent Macleman
Individual · British · DOB 10/1990 · age 36
25–50%
25–50%25-50% shares · 25-50% voting01/11/2021
2 historic (ceased) PSCs
  • Malcolm Maclemanceased 05/04/2025· 25-50% shares · 25-50% voting · board control
  • Mr Graeme Duffusceased 03/06/2021· significant influence

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

Similar companies

Active · Retail · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DECORA LIMITED→
SC080155 · est 1982
£956.8k
£717.6k–£1.20M
£4.97M—780043y8782y
BEN WYVIS KILTS LIMITED→
SC272661 · est 2004
——£400.8k—21y8372y
BONK & CO. LIMITED→
SC064104 · est 1978
———1848y8365y
INVERNESS GOLF CENTRE LIMITED→
SC187445 · est 1998
——£293.8k—27y8363y
PHOENIX FINDHORN C.I.C.→
SC155512 · est 1995 · no financials extracted
————31y8370y
AC & IC FRASER & SON LIMITED→
SC216589 · est 2001
——£1.79M—25y8275y
AVCO INDUSTRIAL SUPPLIES LIMITED→
SC259260 · est 2003
——£63.6k—22y8272y
BISHOPMILL PHARMACY LTD.→
SC196876 · est 1999
——£615.4k—26y8268y
C.D.L.T. MANAGEMENT SERVICES LIMITED→
SC117333 · est 1989 · no financials extracted
————37y8279y
DALLAS DESIGNS LTD→
SC319375 · est 2007
———50019y8265y
FARR END ENTERPRISES LTD.→
SC299366 · est 2006
———20020y8266y
HIGHLANDER MUSIC LIMITED→
SC160421 · est 1995
——£468.0k—30y8261y
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
Incorporated2002-12-12
Jurisdictionscotland
Primary SIC47220 — Retail sale of meat and meat products in specialised stores

Registered office

72 High Street
Forres
Moray
IV36 1PQ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-22
Last: 2026-04-08

Officers (3 active · 4 resigned)

MACLEMAN, Amanda J→
director · ~64y · appointed 2021-10-01
View their other companies + combined net worth →
Active
MACLEMAN, Brent→
director · ~36y · appointed 2021-10-01
View their other companies + combined net worth →
Active
MACLEMAN, Malcolm→
director · ~68y · appointed 2003-02-06
View their other companies + combined net worth →
Active
BAIN, Steven James→
nominee-secretary · appointed 2002-12-12 · resigned 2003-02-06
Resigned
DUFFUS, Graeme→
secretary · appointed 2003-02-06 · resigned 2021-06-03
Resigned
DUFFUS, Graeme→
director · ~56y · appointed 2003-02-06 · resigned 2021-06-03
Resigned
YOUNG, William Leith→
nominee-director · ~73y · appointed 2002-12-12 · resigned 2003-02-06
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property12/04/200618/04/2021
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property19/06/200306/06/2006

Recent filings (75 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-24
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-22
capital-allotment-shares
capital · SH01
2022-11-09
change-person-director-company-with-change-date
officers · CH01
2022-03-25
appoint-person-director-company-with-name-date
officers · AP01
2022-03-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-06