F X SIMULATION OPERATING LTD

🌳Matureactive

SC340323 · ltd · incorporated 2008-03-27

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 Jan 2025

Net worth

£13.5k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Other manufacturing n.e.c.

Sector: Manufacturing

Investor take

Pursue

Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (3 active, 5 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

5 connected companies via shared directors

Filing history

45 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £13,540

Net assets shrinking

Down £3,815 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£14k

↓ 22% YoY

Current Assets

£45k

↓ 1.4% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-01-31	2024-01-31
Total assets	£13.5k	£17.4k
Current assets	£45.2k	£45.9k
Net assets	£13.5k	£17.4k

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

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2025-10-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-10-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-03-09
📄
resolution
resolution · RESOLUTIONS
2017-12-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-02-02
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-10-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-18
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-09-15
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-04-07
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2008-03-27
🏢
Company incorporated
As F X SIMULATION OPERATING LTD
2008-03-27
➕
FLEMING, Carla appointed
secretary
2008-03-27
➕
FLEMING, Carla appointed
director
2008-03-27
➕
FLEMING, John William appointed
director
2008-03-27
➕
BRIAN REID LTD. appointed
corporate-secretary
2008-03-27
➖
BRIAN REID LTD. resigned
corporate-secretary
2008-03-27
➕
STEPHEN MABBOTT LTD. appointed
corporate-director
2008-03-27
➖
STEPHEN MABBOTT LTD. resigned
corporate-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 18 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 67 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

79/100

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 67. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 18 years.
secondaryStable-but-static management: Company is 18 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

Name	Shares	Voting rights	Nature of control	Notified
Mrs Carla Fleming Individual · Scottish · DOB 10/1961 · age 65	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2016
Mr John William Fleming Individual · Scottish · DOB 06/1959 · age 67	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2016

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 · Manufacturing · DD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LT'S FABRICATION & MAINTENANCE LTD→ SC863999 · est 2025 · no financials extracted	—	—	—	—	—	—	—
PARRY'S PREMIUM SERVICES LTD→ SC576888 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
PDR PRECISION ENGINEERING LTD→ SC623023 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
PHOENIX EQUIPMENT LTD→ SC616009 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
PURE ENERGY (REGEN) LIMITED→ SC597784 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
R ASSENTI MACHINERY LIMITED→ SC763823 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
R.BOYTER ELECTRICAL SERVICES LTD→ SC710075 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
RAMSAY FABRICATION LTD→ SC324300 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
RAVENDALE COMPLETIONS LTD→ SC407446 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
RAVENSBY GLASS COMPANY LIMITED→ SC100482 · est 1986 · no financials extracted	—	—	—	—	39y	—	—
RB OFFSHORE LIMITED→ SC572425 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
RB WELL SERVICES LTD→ SC353518 · est 2009 · no financials extracted	—	—	—	—	17y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2008-03-27

Jurisdictionscotland

Primary SIC32990 — Other manufacturing n.e.c.

Registered office

40-42 Brantwood Avenue

Dundee

DD3 6EW

United Kingdom

Filing status

Accounts

Next due: 2026-10-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2027-04-10

Last: 2026-03-27

Officers (3 active · 2 resigned)

FLEMING, Carla→

secretary · appointed 2008-03-27

View their other companies + combined net worth →

Active

FLEMING, Carla→

director · ~65y · appointed 2008-03-27

View their other companies + combined net worth →

Active

FLEMING, John William→

director · ~67y · appointed 2008-03-27

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-secretary · appointed 2008-03-27 · resigned 2008-03-27

Resigned

STEPHEN MABBOTT LTD.→

corporate-director · appointed 2008-03-27 · resigned 2008-03-27

Resigned

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