KINGCRAIG FABRICS (BRORA) LIMITED

🌳Matureactive

SC356624 · ltd · incorporated 2009-03-16

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

—

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Turnover

—

year to Mar 2025

Net worth

£94.9k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 47510

Sector: Wholesale & retail

ALSO REGISTERED FOR

47910Retail sale via mail order houses or via Internet

Investor take

Pursue

Asset-holding vehicle with a 69-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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

Company profile

address, 2 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

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

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

37 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 · accounting standard not declared

Positive net assets

Net assets £94,918

Cash YoY

-4%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£749

↓ 3.6% YoY

Net Worth

£95k

↑ 19% YoY

Current Assets

£356k

↑ 14% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£113.7k	£92.1k
Current assets	£355.7k	£311.6k
Cash	£749	£777
Debtors	£285	£20
Net assets	£94.9k	£79.8k

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2025-12-15
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-12
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-18
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-28
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-01-24
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-12-14
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-12-19
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-12-27
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2017-12-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-12-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-03-21
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-19
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-04-13
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-03-16
🏢
Company incorporated
As KINGCRAIG FABRICS (BRORA) LIMITED
2009-03-16
➕
ASHE, Patricia Ann appointed
secretary
2009-03-16
➕
ASHE, Patricia Ann appointed
director
2009-03-16
➕
ASHE, Shaun Denis appointed
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 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 69 — 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 69. 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 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

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 · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mrs Patricia Ann Ashe Individual · British · DOB 05/1957 · age 69	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016
Mr Shaun Denis Ashe Individual · British · DOB 04/1963 · age 63	—	—	sig. influencesignificant influence	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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

Incorporated2009-03-16

Jurisdictionscotland

Primary SIC47510 — SIC 47510

Registered office

The Old School House

Gower Street

Brora

KW9 6PD

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-30

Last: 2026-03-16

Officers (3 active · 0 resigned)

ASHE, Patricia Ann→

secretary · appointed 2009-03-16

View their other companies + combined net worth →

Active

ASHE, Patricia Ann→

director · ~69y · appointed 2009-03-16

View their other companies + combined net worth →

Active

ASHE, Shaun Denis→

director · ~63y · appointed 2009-03-16

View their other companies + combined net worth →

Active

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