FES UTILITIES LIMITED

🌳Matureactive
SC309747 · ltd · incorporated 2006-10-06
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 Aug 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Active trading company with a 84-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 84). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (88/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (3 active, 8 linked, 3 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
60 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.

Key financials

3 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Aug 2023Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-312023-08-31

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 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
3
filings
  • 1 accounts
  • 1 officers
  • 1 address
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-04-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-12-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-12-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-02-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-12-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-11-29
    FLETCHER, Dylan resigned
    director
  7. 2024-04-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2023-05-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-05-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2021-05-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2020-03-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2019-03-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2018-05-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2017-04-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-03-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2015-10-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-04-01
    THOMSON, Craig Alexander appointed
    secretary
  18. 2015-04-01
    JACK, Ronald Gilfillan resigned
    secretary
  19. 2014-06-12
    JACK, Ronald Gilfillan appointed
    secretary
  20. 2014-06-12
    WALLS, Archibald Peter Menzies resigned
    secretary
  21. 2006-10-06
    🏢
    Company incorporated
    As FES UTILITIES LIMITED
  22. 2006-10-06
    FLETCHER, Duncan Struthers appointed
    director
  23. 2006-10-06
    FLETCHER, Duncan Kirk appointed
    director
  24. 2006-10-06
    WALLS, Archibald Peter Menzies appointed
    secretary
  25. 2006-10-06
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  26. 2006-10-06
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  27. 2006-10-06
    FLETCHER, Dylan appointed
    director
  28. 2006-10-06
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  29. 2006-10-06
    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 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 84 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

89/100
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 84 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 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

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

🏛️
Forth Ppp Limited
Corporate parent · holds 75-100% shares
ultimate parent
FES UTILITIES LIMITED
This company · SC309747

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Forth Ppp Limited
Corporate entity
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
Incorporated2006-10-06
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

Scotia House
The Castle Business Park
Stirling
FK9 4TZ
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-10-20
Last: 2025-10-06

Officers (3 active · 5 resigned)

THOMSON, Craig Alexander
secretary · appointed 2015-04-01
View their other companies + combined net worth →
Active
FLETCHER, Duncan Struthers
director · ~84y · appointed 2006-10-06
View their other companies + combined net worth →
Active
FLETCHER, Duncan Kirk
director · ~59y · appointed 2006-10-06
View their other companies + combined net worth →
Active
JACK, Ronald Gilfillan
secretary · appointed 2014-06-12 · resigned 2015-04-01
Resigned
WALLS, Archibald Peter Menzies
secretary · appointed 2006-10-06 · resigned 2014-06-12
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2006-10-06 · resigned 2006-10-06
Resigned
FLETCHER, Dylan
director · ~55y · appointed 2006-10-06 · resigned 2024-11-29
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2006-10-06 · resigned 2006-10-06
Resigned

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

Recent filings (60 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-04-23
change-person-director-company-with-change-date
officers · CH01
2025-12-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-06
accounts-with-accounts-type-dormant
accounts · AA
2025-02-27
termination-director-company-with-name-termination-date
officers · TM01
2024-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-dormant
accounts · AA
2024-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-24
accounts-with-accounts-type-dormant
accounts · AA
2023-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-20
accounts-with-accounts-type-dormant
accounts · AA
2022-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-20
accounts-with-accounts-type-dormant
accounts · AA
2021-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-22