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.
🔒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 12.8y

45/100
under pressure

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

  • · Oldest live charge is 12.8 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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
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£0Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-31
Average employees100200

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 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-11-06
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2024-11-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2024-02-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-08-21
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2023-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-08-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-05-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-11-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2018-11-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  15. 2018-04-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-03-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2013-08-13
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  18. 2013-07-04
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  19. 2003-08-15
    🏢
    Company incorporated
    As BARRY FETTES (JOINER) LIMITED
  20. 2003-08-15
    FETTES, Wendy Jane appointed
    secretary
  21. 2003-08-15
    FETTES, Barry James appointed
    director
  22. 2003-08-15
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  23. 2003-08-15
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  24. 2003-08-15
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  25. 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%
NameSharesVoting rightsNature of controlNotified
Mr Barry James Fettes
Individual · British · DOB 03/1975 · age 51
75100%
75-100% shares06/04/2016

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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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

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property13/08/2013
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property04/07/2013
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