FLUID & FILTER LTD.

🌳Matureactive

SC242320 · ltd · incorporated 2003-01-15

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

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jan 2025

Net worth

£101

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Other retail sale not in stores, stalls or markets

Sector: Wholesale & retail

Investor take

Pursue

Asset-holding vehicle with a 70-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (78/100)

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

6 officers (3 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

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 £101

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£101

~ YoY

Current Assets

£54k

↓ 8.3% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-01-31	2024-01-31
Total assets	£25.4k	£28.7k
Current assets	£53.9k	£58.8k
Debtors	£25.0k	£31.6k
Net assets	£101	£101

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

filing

• 1 officers

Last 90 days

filing

• 1 officers

Last 180 days

filings

• 1 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2026-04-13
➕
SHEPCAR, Julie Elizabeth appointed
director
2026-04-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-10-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-07
📄
change-person-director-company-with-change-date
officers · CH01
2019-10-07
📄
change-person-secretary-company-with-change-date
officers · CH03
2019-10-07
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-10-07
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-07-09
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-07-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-06-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-10-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2006-04-30
➖
SHEPCAR, Glen Russell resigned
director
2003-01-15
🏢
Company incorporated
As FLUID & FILTER LTD.
2003-01-15
➕
SHEPCAR, Julie Elizabeth appointed
secretary
2003-01-15
➕
SHEPCAR, Daniel Reginald appointed
director
2003-01-15
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2003-01-15
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2003-01-15
➕
SHEPCAR, Glen Russell appointed
director
2003-01-15
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2003-01-15
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

91/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 70 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100

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 70 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 23 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

Name	Shares	Voting rights	Nature of control	Notified
Mr Daniel Reginald Shepcar Individual · British · DOB 10/1956 · age 70	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mrs Julie Elizabeth Shepcar Individual · British · DOB 10/1959 · age 67	25–50%	25–50%	25-50% shares · 25-50% voting	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 →

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MAINS HIGHLANDWEAR LTD→ SC184873 · est 1998 · no financials extracted	—	—	—	—	28y	—	—
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MANILA CORPORATION LIMITED→ SC300912 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
MANN TECHNOLOGICAL INNOVATIONS LIMITED→ SC817410 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
MARBLE ESTATE LINK LTD→ SC777960 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
MARIO RETAIL LIMITED→ SC834574 · est 2025 · no financials extracted	—	—	—	—	1y	—	—

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

Incorporated2003-01-15

Jurisdictionscotland

Primary SIC47990 — Other retail sale not in stores, stalls or markets

Registered office

Reclaimed Ground

The Harbour

Fraserburgh

Aberdeenshire

AB43 9TD

Scotland

Filing status

Accounts

Next due: 2026-10-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2027-01-20

Last: 2026-01-06

Officers (3 active · 3 resigned)

SHEPCAR, Julie Elizabeth→

secretary · appointed 2003-01-15

View their other companies + combined net worth →

Active

SHEPCAR, Daniel Reginald→

director · ~70y · appointed 2003-01-15

View their other companies + combined net worth →

Active

SHEPCAR, Julie Elizabeth→

director · ~67y · appointed 2026-04-13

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2003-01-15 · resigned 2003-01-15

Resigned

SHEPCAR, Glen Russell→

director · ~58y · appointed 2003-01-15 · resigned 2006-04-30

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2003-01-15 · resigned 2003-01-15

Resigned

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

Recent filings (64 total)

appoint-person-director-company-with-name-date

officers · AP01

2026-04-13

confirmation-statement-with-updates

confirmation-statement · CS01

2026-01-12