FLUGGA BOATS LIMITED
🌳Matureactive
SC343975 · ltd · incorporated 2008-06-06
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 Jun 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueActive trading company with a 76-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
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, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
45 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
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-06-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (21 events)Click to expand
- 2025-07-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-06-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-06-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-06-12📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-12📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-06-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-06-12📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-11📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-20📄change-person-director-company-with-change-dateofficers · CH01
- 2025-02-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-09-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-08-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-08-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-02-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-02-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-02-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-06-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2008-06-06🏢Company incorporatedAs FLUGGA BOATS LIMITED
- 2008-06-06➕BARCLAY, Winifred Laureen appointedsecretary
- 2008-06-06➕BARCLAY, Brydon John appointeddirector
- 2008-06-06➕BARCLAY, John William appointeddirector
Owner dependency
91/100
Critical — business is the founderThe 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 76 — 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 candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 76 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 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
cleanNo 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 |
|---|---|---|---|---|
Mr Brydon John Barclay Individual · British · DOB 04/1980 · age 46 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mr John William Barclay Individual · British · DOB 10/1950 · age 76 | 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 · Other · ZE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| NORTHMAVINE DEVELOPMENT COMPANY→ SC145220 · est 1993 | — | — | — | — | 32y | 81 | 77y |
| BRESSAY DEVELOPMENT LTD→ SC513684 · est 2015 · no financials extracted | — | — | — | — | 10y | 78 | 73y |
| C.T. SHETLAND (T.M.) LIMITED→ SC072648 · est 1980 · no financials extracted | — | — | — | — | 45y | 78 | 68y |
| ISLAND ADVENTURE LIMITED→ SC349692 · est 2008 | — | — | — | — | 17y | 77 | 60y |
| FAROE'S FINEST LTD→ SC364540 · est 2009 | — | — | — | — | 16y | 75 | 49y |
| ISLAND TRAILS LTD→ SC439481 · est 2012 | — | — | — | — | 13y | 74 | 52y |
| ERNE POWER LTD→ SC616420 · est 2018 | — | — | £24.2k | — | 7y | 72 | 55y |
| PEC SHETLAND LTD→ SC694027 · est 2021 | — | — | £100 | — | 5y | 71 | 48y |
| PJP ARCHITECTS LLP→ SO301677 · est 2007 | — | — | — | 1 | 18y | 71 | — |
| 2 PARK LANE LLP→ SO306961 · est 2020 | — | — | — | 0 | 5y | 70 | — |
| GUNGILSUND LTD→ SC606794 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| MOSSBANK ELECTRICAL LTD→ SC817517 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2008-06-06
Jurisdictionscotland
Primary SIC99999 — SIC 99999
Registered office
Hagdale Industrial Estate
Baltasound
Unst
Shetland
ZE2 9TW
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-20
Last: 2025-06-06
Officers (3 active · 0 resigned)
BARCLAY, Winifred Laureen→
Activesecretary · appointed 2008-06-06
View their other companies + combined net worth →
BARCLAY, Brydon John→
Activedirector · ~46y · appointed 2008-06-06
View their other companies + combined net worth →
BARCLAY, John William→
Activedirector · ~76y · appointed 2008-06-06
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (45 total)
accounts-with-accounts-type-dormant
accounts · AA
2025-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-12
change-person-director-company-with-change-date
officers · CH01
2025-06-12
change-person-secretary-company-with-change-date
officers · CH03
2025-06-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-12
change-person-director-company-with-change-date
officers · CH01
2025-06-12
change-person-director-company-with-change-date
officers · CH01
2025-06-11
change-person-director-company-with-change-date
officers · CH01
2025-05-20
accounts-with-accounts-type-dormant
accounts · AA
2025-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-10
accounts-with-accounts-type-dormant
accounts · AA
2023-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-07
accounts-with-accounts-type-dormant
accounts · AA
2022-08-16