JOHN FULTON (HOLDINGS) LIMITED

💤Zombieactive
SC439817 · ltd · incorporated 2013-01-08
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£829.7k
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 12.7y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 12.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (73/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
75/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £829,677

Key financials

1 year extracted from filed iXBRL accounts
Cash
£549
Net Worth
£830k
Current Assets
£3k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£905.0k
Current assets£3.3k
Cash£549
Debtors£2.8k
Net assets£829.7k

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-01-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-10-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-10-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-01-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-07-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2018-07-03
    🔓
    Charge satisfied #1
  13. 2018-06-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2018-06-12
    🔒
    Charge registered #2
    Lender: Svenska Handelsbanken Ab (Publ)
  15. 2017-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2016-12-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-01-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2013-08-16
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 2013-03-14
    WHITE, Alasdair Macdonald appointed
    director
  20. 2013-03-14
    MACDONALD, Paul resigned
    director
  21. 2013-01-08
    🏢
    Company incorporated
    As JOHN FULTON (HOLDINGS) LIMITED
  22. 2013-01-08
    MACDONALD, Paul appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

58/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Alasdair Macdonald White
Individual · British · DOB 05/1977 · age 49
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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

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
Incorporated2013-01-08
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

123 Harmony Row
Govan
Glasgow
G51 3NB

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-18
Last: 2026-01-04

Officers (1 active · 1 resigned)

WHITE, Alasdair Macdonald
director · ~49y · appointed 2013-03-14
View their other companies + combined net worth →
Active
MACDONALD, Paul
director · ~41y · appointed 2013-01-08 · resigned 2013-03-14
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Svenska Handelsbanken Ab (Publ)
A registered charge12/06/2018
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property16/08/201303/07/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (38 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-08
change-person-director-company-with-change-date
officers · CH01
2024-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-08