FOUBISTER MCCORMICK LIMITED

🌳Matureactive
SC265965 · ltd · incorporated 2004-04-02
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 Mar 2025
Net worth
£24.7k
book net assets
Opportunity
80/100
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: Risk and damage evaluation
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £24,721

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£25k
↑ 6255% YoY
Current Assets
£98k
↑ 40% YoY
Current Liabilities
—
£0£20k£39k£59k£79k£98kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£26.0k£1.7k
Current assets£98.4k£70.5k
Net assets£24.7k£389

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (21 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-08-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2016-12-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-04-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2016-04-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2016-01-13
    📄
    accounts-amended-with-accounts-type-total-exemption-small
    accounts · AAMD
  15. 2015-12-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2007-01-01
    ➕
    FOUBISTER, Andrew appointed
    secretary
  17. 2006-12-31
    ➖
    PATON, John Charles resigned
    secretary
  18. 2004-04-02
    🏢
    Company incorporated
    As FOUBISTER MCCORMICK LIMITED
  19. 2004-04-02
    ➕
    FOUBISTER, Andrew appointed
    director
  20. 2004-04-02
    ➕
    MCCORMICK, Andrew Stephen appointed
    director
  21. 2004-04-02
    ➕
    PATON, John Charles appointed
    secretary

Owner dependency

98/100
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.
  • +Founder name in company name: Company name contains director surname "FOUBISTER" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

96/100
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 71 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 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Andrew Mccormick
Individual · British · DOB 04/1971 · age 55
25–50%
—25-50% shares06/04/2016
Mr Andrew Foubister
Individual · British · DOB 04/1955 · age 71
25–50%
—25-50% shares06/04/2016

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

Similar companies

Active · Financial services · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CINNAMON GP4 LIMITED→
SC581651 · est 2017 · no financials extracted
————8y——
DGL (GLASGOW) LTD→
SC338543 · est 2008 · no financials extracted
————18y——
ELIO MACLEAN LIMITED→
SC781112 · est 2023 · no financials extracted
————2y——
ENVOY RS LTD→
SC817881 · est 2024 · no financials extracted
————1y——
EVERNEST PROPERTIES LIMITED→
SC864964 · est 2025 · no financials extracted
———————
FAAB TRADERS LIMITED→
SC767876 · est 2023 · no financials extracted
————2y——
FFX CAPITAL LTD→
SC743545 · est 2022 · no financials extracted
————3y——
FINANCIAL INDEPENDENCE (SCOTLAND) LTD.→
SC232317 · est 2002 · no financials extracted
————23y——
FORTHVIEW FINANCE COMPANY LIMITED→
SC031310 · est 1956 · no financials extracted
————70y——
FORTRIU CAPITAL LIMITED→
SC830888 · est 2024 · no financials extracted
————1y——
FORWARD ASSET FINANCE LIMITED→
SC337979 · est 2008 · no financials extracted
————18y——
FRESH START INSOLVENCY LIMITED→
SC606381 · est 2018 · no financials extracted
————7y——
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
Incorporated2004-04-02
Jurisdictionscotland
Primary SIC66210 — Risk and damage evaluation

Registered office

18 Kennedy Drive
Helensburgh
G84 9AR
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-16
Last: 2026-04-02

Officers (3 active · 1 resigned)

FOUBISTER, Andrew→
secretary · appointed 2007-01-01
View their other companies + combined net worth →
Active
FOUBISTER, Andrew→
director · ~71y · appointed 2004-04-02
View their other companies + combined net worth →
Active
MCCORMICK, Andrew Stephen→
director · ~55y · appointed 2004-04-02
View their other companies + combined net worth →
Active
PATON, John Charles→
secretary · appointed 2004-04-02 · resigned 2006-12-31
Resigned

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

Recent filings (58 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-31