FIFE SEAT LIMITED

💤Zombieactive
SC331707 · ltd · incorporated 2007-10-02
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 snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£26.8k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45112SIC 45112
  • 45200SIC 45200
  • 45320Retail trade of motor vehicle parts and accessories
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and acceptable with review structure.

Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 18.4y

15/100
under pressure

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

  • · Oldest live charge is 18.4 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (71/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £26,763

Key financials

1 year extracted from filed iXBRL accounts
Cash
£1k
Net Worth
£27k
Current Assets
£3.4m
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-30
Total assets£69.7k
Current assets£3.35M
Cash£1.5k
Debtors£570.6k
Net assets£26.8k

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

🔒Filing-note intelligence

3 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
2
filings
  • • 2 accounts
Last 180 days
2
filings
  • • 2 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2026-03-24
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  3. 2025-01-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2023-11-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2022-10-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2022-03-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2021-05-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2021-02-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2021-02-19
    🔓
    Charge satisfied #1
  10. 2020-02-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2019-01-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2018-02-15
    📄
    capital-allotment-shares
    capital · SH01
  13. 2018-02-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2018-01-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2017-03-21
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  16. 2017-03-21
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  17. 2017-01-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2012-01-01
    ➕
    MCGUIRE, Mary-Jane appointed
    secretary
  19. 2011-06-03
    ➖
    GRAHAM, Steven resigned
    secretary
  20. 2011-06-03
    ➖
    GRAHAM, Steven resigned
    director
  21. 2009-07-09
    🔒
    Charge registered #3
    Lender: Volkswagon Bank Gmbh
  22. 2008-01-20
    🔒
    Charge registered #2
    Lender: Volkswagen Financial Services (UK) Limited
  23. 2008-01-15
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  24. 2007-11-21
    ➕
    MCKENNA, Mark appointed
    director
  25. 2007-11-21
    ➕
    GRAHAM, Steven appointed
    secretary
  26. 2007-11-21
    ➖
    BRODIES SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  27. 2007-11-21
    ➕
    GRAHAM, Steven appointed
    director
  28. 2007-11-21
    ➖
    ATHOLL INCORPORATIONS LIMITED resigned
    corporate-director
  29. 2007-10-02
    🏢
    Company incorporated
    As FIFE SEAT LIMITED
  30. 2007-10-02
    ➕
    BRODIES SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  31. 2007-10-02
    ➕
    ATHOLL INCORPORATIONS LIMITED appointed
    corporate-director

Owner dependency

93/100
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.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

78/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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 Mark Mckenna
Individual · British · DOB 02/1967 · age 59
75–100%
—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 →

Similar companies

Active · Automotive · KY postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
WALKER MOTORS LIMITED→
SC395508 · est 2011
£5.24M
£4.19M–£6.29M
£18.82M—370015y8781y
FLEAR & THOMSON LIMITED→
SC028660 · est 1951
£2.08M
£1.66M–£2.49M
———74y8280y
FIFE AUTO CENTRE LTD.→
SC194842 · est 1999 · no financials extracted
————27y8364y
ALAN BENNIE MOTOR ENGINEERS LIMITED→
SC260726 · est 2003
——£127.7k—22y8258y
BODYWYSE AUTOCARE LIMITED→
SC285841 · est 2005
——£1.08M—21y8259y
CLEVEDEN CARS LIMITED→
SC180119 · est 1997
———20028y8263y
FIFE ACCIDENT REPAIR CENTRE LIMITED→
SC276436 · est 2004
———110021y8264y
FRANK MUNRO & SONS LIMITED→
SC241429 · est 2002 · no financials extracted
————23y8262y
GRANGE GARAGE (FIFE) LIMITED→
SC217994 · est 2001
———20025y8266y
LEAH INTERNATIONAL LTD.→
SC299642 · est 2006
———40020y8269y
R. SIMPSON MOTORS LTD.→
SC259854 · est 2003
———90022y8270y
SINCLAIR-ROJAS LIMITED→
SC152154 · est 1994 · no financials extracted
————31y8285y
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
Incorporated2007-10-02
Jurisdictionscotland
Primary SIC45111 — Sale of new cars and light motor vehicles

Registered office

Fife Seat
Millie Street
Kirkcaldy
KY1 2NL
Scotland

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-10-16
Last: 2025-10-02

Officers (2 active · 4 resigned)

MCGUIRE, Mary-Jane→
secretary · appointed 2012-01-01
View their other companies + combined net worth →
Active
MCKENNA, Mark→
director · ~59y · appointed 2007-11-21
View their other companies + combined net worth →
Active
GRAHAM, Steven→
secretary · appointed 2007-11-21 · resigned 2011-06-03
Resigned
BRODIES SECRETARIAL SERVICES LIMITED→
corporate-secretary · appointed 2007-10-02 · resigned 2007-11-21
Resigned
GRAHAM, Steven→
director · ~57y · appointed 2007-11-21 · resigned 2011-06-03
Resigned
ATHOLL INCORPORATIONS LIMITED→
corporate-director · appointed 2007-10-02 · resigned 2007-11-21
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Volkswagon Bank Gmbh
Bond & floating charge1 property09/07/2009—
outstanding
Volkswagen Financial Services (UK)
Volkswagen Financial Services (UK) Limited
Bond & floating charge1 property20/01/2008—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property15/01/200819/02/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (70 total)

accounts-with-accounts-type-small
accounts · AA
2026-03-30
change-account-reference-date-company-current-extended
accounts · AA01
2026-03-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-03
accounts-with-accounts-type-small
accounts · AA
2025-01-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-08
accounts-with-accounts-type-small
accounts · AA
2023-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-13
accounts-with-accounts-type-small
accounts · AA
2022-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-03
accounts-with-accounts-type-small
accounts · AA
2022-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-13
accounts-with-accounts-type-small
accounts · AA
2021-05-05
mortgage-satisfy-charge-full
mortgage · MR04
2021-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-05
accounts-with-accounts-type-small
accounts · AA
2020-02-28