FUSION MEETINGS AND EVENTS LIMITED

🚨Distressedactive
SC356235 · ltd · incorporated 2009-03-09
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2024
Net worth
£-159.1k
book net assets
Opportunity
65/100
Strong
🔔
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What this business does
Primary activity: Other reservation service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 65/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £159,118

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£159k
Current Assets
£400k
Current Liabilities
-£159k-£47k£65k£176k£288k£400kMar 2023Mar 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-03-312023-03-31
Total assets£-129.4k
Current assets£400.0k
Net assets£-159.1k

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
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-02-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-02-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-02-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-01-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2022-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-09-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-12-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-12-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2020-12-03
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  11. 2020-12-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2020-12-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2019-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-11-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-11-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2017-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2013-05-22
    EVANS, Stuart William resigned
    director
  18. 2013-05-21
    EVANS, Stuart William appointed
    director
  19. 2009-03-09
    🏢
    Company incorporated
    As FUSION MEETINGS AND EVENTS LIMITED
  20. 2009-03-09
    MCKIE, Laura appointed
    secretary
  21. 2009-03-09
    MCKIE, Alexander Scott appointed
    director

Owner dependency

85/100
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 17 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

63/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • 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.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alexander Scott Mckie
Individual · British · DOB 07/1974 · age 52
5075%
50–75%50-75% shares · 50-75% voting06/04/2016
Mrs Laura Mckie
Individual · British · DOB 12/1969 · age 57
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

9 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
Incorporated2009-03-09
Jurisdictionscotland
Primary SIC79909 — Other reservation service activities n.e.c.

Registered office

Unit 3, Kpp Chartered Accountants Morris Park
37 Rosyth Road
Glasgow
G5 0YE
Scotland

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2027-02-27
Last: 2026-02-13

Officers (2 active · 1 resigned)

MCKIE, Laura
secretary · appointed 2009-03-09
View their other companies + combined net worth →
Active
MCKIE, Alexander Scott
director · ~52y · appointed 2009-03-09
View their other companies + combined net worth →
Active
EVANS, Stuart William
director · ~51y · appointed 2013-05-21 · resigned 2013-05-22
Resigned

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

Recent filings (52 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-01
change-person-director-company-with-change-date
officers · CH01
2023-01-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-10
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-29
change-person-director-company-with-change-date
officers · CH01
2020-12-03