FAILTE FOOD SERVICE LIMITED

📉Decliningactive
SC275128 · ltd · incorporated 2004-10-25
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Non-specialised wholesale of food, beverages and tobacco
Sector: Wholesale & retail
Investor take
Pursue
Conservative operator with a 66-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (78/100).

Data confidence

Overall: medium (79/100)

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
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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 · FRS 102
Profitable
Profit before tax £2,525,638

Key financials

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

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Profit before tax£2.53M£3.52M
Average employees716000

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

🔒Filing-note intelligence

2 signals 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-10-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2024-08-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2023-08-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2022-09-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2021-10-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2021-10-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2021-10-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2021-08-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2020-11-25
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2019-10-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2019-01-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2017-10-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2017-10-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2017-10-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2016-08-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2004-10-25
    🏢
    Company incorporated
    As FAILTE FOOD SERVICE LIMITED
  17. 2004-10-25
    ➕
    CUMMISKEY, James appointed
    secretary
  18. 2004-10-25
    ➕
    CUMMISKEY, James appointed
    director
  19. 2004-10-25
    ➕
    RENNIE, Grant James appointed
    director
  20. 2004-10-25
    ➕
    HOGG JOHNSTON SECRETARIES LTD. appointed
    corporate-secretary
  21. 2004-10-25
    ➖
    HOGG JOHNSTON SECRETARIES LTD. resigned
    corporate-secretary
  22. 2004-10-25
    ➕
    HOGG JOHNSTON DIRECTORS LTD. appointed
    corporate-director
  23. 2004-10-25
    ➖
    HOGG JOHNSTON DIRECTORS LTD. resigned
    corporate-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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

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 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • 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.)

Group structure

Failte Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Failte Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
FAILTE FOOD SERVICE LIMITED
This company · SC275128

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Failte Group Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
Mr Grant James Rennie
Individual · British · DOB 03/1967 · age 59
——sig. influencesignificant influence26/10/2016
Mr James Cummiskey
Individual · British · DOB 11/1960 · age 66
——sig. influencesignificant influence26/10/2016

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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ALLIANCE SANITARY PRODUCTS LIMITED→
SC261393 · est 2004
£8.86M
£6.65M–£11.08M
——290022y8669y
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——276y8467y
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——2716y8867y
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——2623y8867y
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——£335.1k—36y8381y
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——£77.1k—48y8359y
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————19y8363y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2004-10-25
Jurisdictionscotland
Primary SIC46390 — Non-specialised wholesale of food, beverages and tobacco

Registered office

East Warehouse Glasgow Fruit Market
Blochairn Road
Glasgow
G21 2SW

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25

Officers (3 active · 2 resigned)

CUMMISKEY, James→
secretary · appointed 2004-10-25
View their other companies + combined net worth →
Active
CUMMISKEY, James→
director · ~66y · appointed 2004-10-25
View their other companies + combined net worth →
Active
RENNIE, Grant James→
director · ~59y · appointed 2004-10-25
View their other companies + combined net worth →
Active
HOGG JOHNSTON SECRETARIES LTD.→
corporate-secretary · appointed 2004-10-25 · resigned 2004-10-25
Resigned
HOGG JOHNSTON DIRECTORS LTD.→
corporate-director · appointed 2004-10-25 · resigned 2004-10-25
Resigned

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

Recent filings (61 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
accounts-with-accounts-type-full
accounts · AA
2025-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-25
accounts-with-accounts-type-full
accounts · AA
2024-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-25
accounts-with-accounts-type-full
accounts · AA
2023-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-26
accounts-with-accounts-type-full
accounts · AA
2022-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-25
change-person-director-company-with-change-date
officers · CH01
2021-10-25
change-person-director-company-with-change-date
officers · CH01
2021-10-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-10-25
accounts-with-accounts-type-full
accounts · AA
2021-08-11
accounts-with-accounts-type-full
accounts · AA
2020-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-29