FULBECK-HOUSE LIMITED
🌳Matureactive
SC413381 · ltd · incorporated 2011-12-19
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 14.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£560.8k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 79/100 (strong), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · oldest 14.2y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 14.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £560,767
Cash YoY
+472%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£123k
↑ 472% YoY
Net Worth
£561k
↑ 31% YoY
Current Assets
£158k
↑ 208% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £1.10M | £919.3k |
| Current assets | £158.0k | £51.4k |
| Cash | £123.5k | £21.6k |
| Debtors | £11.2k | £10.5k |
| Net assets | £560.8k | £428.1k |
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
1
filing
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-01-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-23➕GRANT, George Alexander Tolmie appointeddirector
- 2025-09-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-06-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-08-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-08-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-07-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-14➖GRANT, Susan resigneddirector
- 2021-09-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-09-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-05-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-10-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-01-06📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2017-01-03📄gazette-filings-brought-up-to-dategazette · DISS40
- 2016-12-06📄gazette-notice-compulsorygazette · GAZ1
- 2012-04-04🔒Charge registered #2Lender: Bank of Scotland PLC
- 2012-02-02🔒Charge registered #1Lender: Bank of Scotland PLC
- 2011-12-19🏢Company incorporatedAs FULBECK-HOUSE LIMITED
- 2011-12-19➕GRANT, Hamish appointeddirector
- 2011-12-19➕GRANT, Susan appointeddirector
Owner dependency
81/100
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.
- +Founder age: Director aged approximately 68 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
29/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — GRANT, George Alexander Tolmie (same surname) appointed 2026-01-23. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 68. 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 14 years.
- 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 |
|---|---|---|---|---|
Mrs Susan Grant Individual · British · DOB 09/1962 · age 64 | 25–50% | — | 25-50% shares | 01/08/2016 |
Mr Hamish Grant Individual · British · DOB 03/1958 · age 68 | 25–50% | — | 25-50% shares | 01/08/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FOODLOVERS MARKET LTD.→ SC516888 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| FOODSAVERS SCOTLAND LIMITED→ SC868278 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FORTUNE IN LTD→ SC875353 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FRONT AND CENTRE BARS LIMITED→ SC800037 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| FRUITS IN THE CITY LIMITED→ SC441319 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| FUZE FOOD LTD→ SC727920 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| GALLEON PORTOBELLO LIMITED→ SC825325 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GAW LIMITED→ SC841115 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| GEORGIAN APARTMENTS LTD→ SC299788 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| GETMORE EDINBURGH LIMITED→ SC814147 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GFSC (SCOT) LTD→ SC859569 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GGS BONNYRIGG LTD→ SC872957 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2011-12-19
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation
Registered office
16/6 Gillespie Crescent
Edinburgh
EH10 4HT
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-23
Last: 2025-09-09
Officers (2 active · 1 resigned)
GRANT, George Alexander Tolmie→
Activedirector · ~28y · appointed 2026-01-23
View their other companies + combined net worth →
GRANT, Hamish→
Activedirector · ~68y · appointed 2011-12-19
View their other companies + combined net worth →
GRANT, Susan→
Resigneddirector · ~64y · appointed 2011-12-19 · resigned 2022-07-14
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 04/04/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 02/02/2012 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (39 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-08-24
termination-director-company-with-name-termination-date
officers · TM01
2022-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-05-13