FIREGROUP LIMITED
💤Zombieactive
SC354835 · ltd · incorporated 2009-02-11
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
81/100
Exceptional
What this business does
Primary activity: Wholesale of household goods (other than musical instruments) n.e.c.
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 65-year-old founder — textbook succession opportunity.
Opportunity 81/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 9.0y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 1 | 100 |
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
1
filing
- • 1 confirmation-statement
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 accounts
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-26📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-13🔓Charge satisfied #1
- 2025-04-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-02-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-01📄change-person-director-company-with-change-dateofficers · CH01
- 2023-03-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-11-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-11-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-27➖MILLER, Aiusha resignedsecretary
- 2017-05-04🔒Charge registered #1Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2009-02-11🏢Company incorporatedAs FIREGROUP LIMITED
- 2009-02-11➕MILLER, Nigel Balfour appointeddirector
- 2009-02-11➕MILLER, Aiusha appointedsecretary
- 2009-02-11➕BRIAN REID LTD. appointedcorporate-secretary
- 2009-02-11➖BRIAN REID LTD. resignedcorporate-secretary
- 2009-02-11➕MABBOTT, Stephen George appointeddirector
- 2009-02-11➖MABBOTT, Stephen George resigneddirector
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
88/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 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
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nigel Balfour Miller Individual · British · DOB 08/1961 · age 65 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Aiusha Millerceased 03/08/2017· 25-50% shares · firm interest
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 · Wholesale & distribution · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DART TECHNOLOGY SOLUTIONS LIMITED→ SC773731 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DRAMFOOL LTD→ SC506602 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| DUNCAN STREET LIMITED→ SC790957 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| EDINBURGH CIDER COMPANY LTD.→ SC664374 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ENETEC LIMITED→ SC566654 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| EZBORDER VENTURE LTD→ SC857895 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| F SOUNDS UK LIMITED→ SC658402 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| FINFLYING LTD→ SC879779 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FINN THOMSON CONSULTANCY LIMITED→ SC620611 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| FIREMAC FM BLUE LIMITED→ SC449574 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| FISHBROTHERS SEAFOODS LTD→ SC478433 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| FITZ TIMBER SUPPLIES LTD→ SC800822 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2009-02-11
Jurisdictionscotland
Primary SIC46499 — Wholesale of household goods (other than musical instruments) n.e.c.
Registered office
Firegroup House
5 Stenhouse Mill Wynd
Edinburgh
EH11 3XX
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31
Officers (1 active · 3 resigned)
MILLER, Nigel Balfour→
Activedirector · ~65y · appointed 2009-02-11
View their other companies + combined net worth →
MILLER, Aiusha→
Resignedsecretary · appointed 2009-02-11 · resigned 2018-08-27
BRIAN REID LTD.→
Resignedcorporate-secretary · appointed 2009-02-11 · resigned 2009-02-11
MABBOTT, Stephen George→
Resigneddirector · ~76y · appointed 2009-02-11 · resigned 2009-02-11
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 04/05/2017 | 13/09/2025 |
Recent filings (57 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-26
change-person-director-company-with-change-date
officers · CH01
2025-11-26
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-01
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-01
change-person-director-company-with-change-date
officers · CH01
2023-03-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-01