FUELLINK SYSTEMS LTD
Opportunity 80/100 (exceptional), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 14.6y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 14.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Average employees | 2 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
Corporate timeline (35 events)Click to expand
- 2026-03-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-26➕WHITTAKER, Mark John appointeddirector
- 2023-05-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-11-09📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-11-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-08-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-08-03➖LAMONT, David James resigneddirector
- 2022-03-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-03-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-02-28➕WHITTAKER, Andrea Louise appointeddirector
- 2022-02-28➖ASHLEY, John resigneddirector
- 2022-02-28➕LAMONT, David James appointeddirector
- 2022-02-28➖MACINNES, Robert resigneddirector
- 2022-02-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-01🔓Charge satisfied #3
- 2015-09-30🔒Charge registered #3Lender: West of Scotland Loan Fund
- 2015-06-09🔓Charge satisfied #1
- 2015-04-24🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2014-02-28➖BROOKS, Paul resigneddirector
- 2012-03-13➕BROOKS, Paul appointeddirector
- 2011-11-03🔒Charge registered #1Lender: Bibby Factors Scotland Limited
- 2010-09-13🏢Company incorporatedAs FUELLINK SYSTEMS LTD
- 2010-09-13➕ASHLEY, John appointeddirector
- 2010-09-13➕MACINNES, Robert appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Red flags
cleanGroup structure
Fuellink Holdings (Scotland) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Fuellink Holdings (Scotland) Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 28/02/2022 |
2 historic (ceased) PSCs
- Triscan Systems Limitedceased 28/02/2022· 75-100% shares · 75-100% voting · board control
- Fuellink Holdings (Scotland) Ltdceased 28/02/2022· 75-100% shares · 75-100% voting · board control · significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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6 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 →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
Registered office
Filing status
Officers (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | West of Scotland Loan Fund | A registered charge | — | 30/09/2015 | 01/03/2019 | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | — | 24/04/2015 | — | |
| satisfied | Bibby Financial Services Bibby Factors Scotland Limited | Floating charge | 1 property | 03/11/2011 | 09/06/2015 |