FUNCTIONAL SAFETY MANAGEMENT LIMITED

🌳Matureactive
SC434300 · ltd · incorporated 2012-10-08
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 Oct 2025
Net worth
£276.5k
book net assets
Opportunity
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Engineering design activities for industrial process and production
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
  • 71122Engineering related scientific and technical consulting activities
  • 71129Other engineering activities
Investor take
Pursue
Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 65). 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, 3 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
4 officers (4 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £276,517

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£277k
↑ 7.6% YoY
Current Assets
£311k
↑ 8.7% YoY
Current Liabilities
—
£0£62k£125k£187k£249k£311kOct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-10-312024-10-31
Total assets£311.8k£287.1k
Current assets£311.4k£286.3k
Net assets£276.5k£257.0k

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-03-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-07-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-07-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-07-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-07-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-07-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-07-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-07-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-10-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-07-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2014-11-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-07-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2012-10-08
    🏢
    Company incorporated
    As FUNCTIONAL SAFETY MANAGEMENT LIMITED
  17. 2012-10-08
    ➕
    ARMSTRONG, Jane Claire appointed
    secretary
  18. 2012-10-08
    ➕
    ARMSTRONG, Peter Sidney appointed
    secretary
  19. 2012-10-08
    ➕
    ARMSTRONG, Jane Claire appointed
    director
  20. 2012-10-08
    ➕
    ARMSTRONG, Peter Sidney appointed
    director

Owner dependency

81/100
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.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. 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

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
NameSharesVoting rightsNature of controlNotified
Mr Peter Sidney Armstrong
Individual · British · DOB 04/1961 · age 65
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Jane Claire Armstrong
Individual · British · DOB 04/1964 · age 62
25–50%
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.

Similar companies

Active · Professional services · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
H.B.G. INTERNATIONAL LIMITED→
SC148482 · est 1994 · no financials extracted
————32y——
HAMILTON-GREEN HR SERVICES LTD→
SC811817 · est 2024 · no financials extracted
————1y——
HANOVER CABS LTD.→
SC203888 · est 2000 · no financials extracted
————26y——
HAPPENLI EVENTS GROUP LTD→
SC871387 · est 2025 · no financials extracted
———————
HARBOUR ACCOUNTANCY LIMITED→
SC656737 · est 2020 · no financials extracted
————6y——
HARRIS 1 LIMITED→
SC766378 · est 2023 · no financials extracted
————2y——
HARTE BOOKKEEPING LTD→
SC876880 · est 2026 · no financials extracted
———————
HAWK CONSULTANCY LIMITED→
SC555174 · est 2017 · no financials extracted
————9y——
HAWKHILL DIGITAL LTD→
SC776974 · est 2023 · no financials extracted
————2y——
HDM SCHOOLS SOLUTIONS (HOLDINGS) LIMITED→
SC325332 · est 2007 · no financials extracted
————18y——
HEAD RESOURCING LIMITED→
SC208200 · est 2000 · no financials extracted
————25y——
HEALTHCARE NEWS SCOTLAND LIMITED→
SC616128 · est 2018 · no financials extracted
————7y——
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
Incorporated2012-10-08
Jurisdictionscotland
Primary SIC71121 — Engineering design activities for industrial process and production

Registered office

9 East Comiston
Edinburgh
EH10 6RZ

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-10-15
Last: 2025-10-01

Officers (4 active · 0 resigned)

ARMSTRONG, Jane Claire→
secretary · appointed 2012-10-08
View their other companies + combined net worth →
Active
ARMSTRONG, Peter Sidney→
secretary · appointed 2012-10-08
View their other companies + combined net worth →
Active
ARMSTRONG, Jane Claire→
director · ~62y · appointed 2012-10-08
View their other companies + combined net worth →
Active
ARMSTRONG, Peter Sidney→
director · ~65y · appointed 2012-10-08
View their other companies + combined net worth →
Active

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

Recent filings (27 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-10
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-12
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-21