BARRY FETTES (JOINER) LIMITED

💤Zombieactive

SC254343 · ltd · incorporated 2003-08-15

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

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 Aug 2025

Net worth

—

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: Joinery installation

Sector: Construction

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

2 live charges · oldest 13.1y

45/100

under pressure

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

· Oldest live charge is 13.1 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

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

2 charges (2/2 with lender, 2/2 with type)

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

1 connected companies via shared directors

Filing history

63 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-08-31	2024-08-31
Average employees	100	200

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

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2026-03-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-06
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2024-11-05
📄
gazette-notice-compulsory
gazette · GAZ1
2024-02-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-21
📄
change-person-secretary-company-with-change-date
officers · CH03
2023-05-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-07
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-05-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-11-07
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2018-11-06
📄
gazette-notice-compulsory
gazette · GAZ1
2018-04-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-03-01
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-08-13
🔒
Charge registered #2
Lender: Bank of Scotland PLC
2013-07-04
🔒
Charge registered #1
Lender: Bank of Scotland PLC
2003-08-15
🏢
Company incorporated
As BARRY FETTES (JOINER) LIMITED
2003-08-15
➕
FETTES, Wendy Jane appointed
secretary
2003-08-15
➕
FETTES, Barry James appointed
director
2003-08-15
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2003-08-15
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2003-08-15
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2003-08-15
➖
STEPHEN MABBOTT LTD. resigned
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.
+Founder name in company name: Company name contains director surname "FETTES" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100

Likely off-market candidate

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

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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 · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Barry James Fettes Individual · British · DOB 03/1975 · age 51	75–100%	—	75-100% shares	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 →

Similar companies

Active · Construction · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
SEIVWRIGHT BROTHERS LIMITED→ SC234623 · est 2002	£8.04M £5.74M–£10.33M	—	—	73	23y	87	76y
SKENE ENTERPRISES (ABERDEEN) LIMITED→ SC072886 · est 1980	£910.0k £650.0k–£1.17M	—	—	105	45y	83	87y
HARLAW 2025 LIMITED→ SC206144 · est 2000	£780.5k £557.5k–£1.00M	£290.0k	—	0	26y	85	78y
AJC CONSTRUCTION SCOTLAND LIMITED→ SC216542 · est 2001	—	—	—	2700	25y	83	60y
LADYSBRIDGE VILLAGE LIMITED→ SC262049 · est 2004	—	—	—	0	22y	83	75y
SPARK'S MECHANICAL SERVICES LIMITED→ SC102458 · est 1986	—	—	£3.06M	—	39y	83	59y
T & M SLATING LTD.→ SC251627 · est 2003	—	—	—	9	23y	83	59y
A & B BUCHAN LIMITED→ SC375607 · est 2010	—	—	£945.4k	—	16y	82	62y
A G FLEMING CONSTRUCTION LIMITED→ SC339764 · est 2008	—	—	—	400	18y	82	59y
A J DONALD (SLATERS) LIMITED→ SC345042 · est 2008	—	—	£123.8k	—	18y	82	65y
A R D PROPERTIES LIMITED→ SC193678 · est 1999	—	—	£3.16M	—	27y	82	62y
A.G. STUART HOLDINGS LIMITED→ SC144258 · est 1993	—	—	—	0	33y	82	70y

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

Incorporated2003-08-15

Jurisdictionscotland

Primary SIC43320 — Joinery installation

Registered office

26-30 Marine Place

Buckie

AB56 1UT

Scotland

Filing status

Accounts

Next due: 2027-05-31

Last made up to: 2025-08-31

Confirmation statement

Next due: 2026-08-29

Last: 2025-08-15

Officers (2 active · 2 resigned)

FETTES, Wendy Jane→

secretary · appointed 2003-08-15

View their other companies + combined net worth →

Active

FETTES, Barry James→

director · ~51y · appointed 2003-08-15

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2003-08-15 · resigned 2003-08-15

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2003-08-15 · resigned 2003-08-15

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Lloyds Banking Group Bank of Scotland PLC	A registered charge	1 property	13/08/2013	—
	outstanding	Lloyds Banking Group Bank of Scotland PLC	A registered charge	1 property	04/07/2013	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (63 total)

accounts-with-accounts-type-micro-entity

accounts · AA

2026-03-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-09-11

accounts-with-accounts-type-micro-entity

accounts · AA

2025-05-16

gazette-filings-brought-up-to-date

gazette · DISS40

2024-11-06

gazette-notice-compulsory

gazette · GAZ1

2024-11-05

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-11-04

accounts-with-accounts-type-micro-entity

accounts · AA

2024-02-08

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-08-21

change-person-secretary-company-with-change-date

officers · CH03

2023-08-21

accounts-with-accounts-type-micro-entity

accounts · AA

2023-05-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-09-20

accounts-with-accounts-type-micro-entity

accounts · AA

2022-06-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-09-29

accounts-with-accounts-type-micro-entity

accounts · AA

2021-05-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-10-05