FRESHBALE LTD.

🌳Matureactive
SC428945 · ltd · incorporated 2012-07-24
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
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 17290
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: high (80/100)

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
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS
Metric2025-03-312024-03-31
Average employees300300

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2023-07-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2023-07-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2023-07-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-04-21
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2022-12-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-03-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-01-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-05-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-01-11
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  17. 2017-07-29
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  18. 2016-07-31
    FRAZHER, Neill Joseph appointed
    director
  19. 2012-07-24
    🏢
    Company incorporated
    As FRESHBALE LTD.
  20. 2012-07-24
    FRAZHER, Neill Jeffrey Joseph appointed
    secretary
  21. 2012-07-24
    FRAZHER, Paul Stephen appointed
    director
  22. 2012-07-24
    BRIAN REID LTD. appointed
    corporate-secretary
  23. 2012-07-24
    BRIAN REID LTD. resigned
    corporate-secretary
  24. 2012-07-24
    MABBOTT, Stephen George appointed
    director
  25. 2012-07-24
    MABBOTT, Stephen George resigned
    director

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

49/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Span Holdings (Scotland) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Span Holdings (Scotland) Ltd
Corporate parent · holds 75-100% shares
ultimate parent
FRESHBALE LTD.
This company · SC428945

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%
NameSharesVoting rightsNature of controlNotified
Span Holdings (Scotland) Ltd
Corporate entity
75100%
75-100% shares18/07/2023
1 historic (ceased) PSC
  • Mr Paul Stephen Frazherceased 18/07/2023· 25-50% shares

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

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 →
🔒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
Incorporated2012-07-24
Jurisdictionscotland
Primary SIC17290 — SIC 17290

Registered office

18 Garrell Road
Kilsyth
Glasgow
G65 9JX
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-01
Last: 2025-07-18

Officers (3 active · 2 resigned)

FRAZHER, Neill Jeffrey Joseph
secretary · appointed 2012-07-24
View their other companies + combined net worth →
Active
FRAZHER, Neill Joseph
director · ~44y · appointed 2016-07-31
View their other companies + combined net worth →
Active
FRAZHER, Paul Stephen
director · ~49y · appointed 2012-07-24
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-secretary · appointed 2012-07-24 · resigned 2012-07-24
Resigned
MABBOTT, Stephen George
director · ~76y · appointed 2012-07-24 · resigned 2012-07-24
Resigned

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

Recent filings (47 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-07-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-07-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-07-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-04-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-01