FRASERBURGH FOOTWEAR LIMITED
💤Zombieactive
SC447500 · ltd · incorporated 2013-04-12
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 Sept 2025
Net worth
£-95.2k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Retail sale of footwear in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 66). 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 (73/100).
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, 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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
31 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 · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £95,195
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£95k
↓ 45% YoY
Current Assets
£10k
↓ 66% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Total assets | £-95.2k | £-65.4k |
| Current assets | £10.2k | £29.6k |
| Net assets | £-95.2k | £-65.4k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2026-01-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-05-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-04-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-04-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-28➖RUPARELIA, Vinaykant resigneddirector
- 2019-06-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-06-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-04-12🏢Company incorporatedAs FRASERBURGH FOOTWEAR LIMITED
- 2013-04-12➕MARTIN, Euan Cameron appointedsecretary
- 2013-04-12➕MARTIN, Euan Cameron appointeddirector
- 2013-04-12➕RUPARELIA, Vinaykant appointeddirector
Owner dependency
90/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
78/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Euan Cameron Martin Individual · British · DOB 09/1960 · age 66 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 13/04/2016 |
1 historic (ceased) PSC
- George Ellis Limitedceased 28/02/2020· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Retail · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| KSM25 LTD→ SC875775 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| LAUREL ICON LIMITED→ SC215890 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| LB TOY ZONE LTD→ SC825701 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LOKALI LTD→ SC777694 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LUMSDEN LOGS LTD→ SC877398 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| LUTHER FARM SHOP LTD→ SC554333 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| MAINS HIGHLANDWEAR LTD→ SC184873 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| MAKING WAY LTD→ SC621281 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| MANILA CORPORATION LIMITED→ SC300912 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| MANN TECHNOLOGICAL INNOVATIONS LIMITED→ SC817410 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MARBLE ESTATE LINK LTD→ SC777960 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MARIO RETAIL LIMITED→ SC834574 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2013-04-12
Jurisdictionscotland
Primary SIC47721 — Retail sale of footwear in specialised stores
Registered office
Nursery Cottage
Banff
Aberdeenshire
AB45 3TJ
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-04-26
Last: 2026-04-12
Officers (2 active · 1 resigned)
MARTIN, Euan Cameron→
Activesecretary · appointed 2013-04-12
View their other companies + combined net worth →
MARTIN, Euan Cameron→
Activedirector · ~66y · appointed 2013-04-12
View their other companies + combined net worth →
RUPARELIA, Vinaykant→
Resigneddirector · ~77y · appointed 2013-04-12 · resigned 2020-02-28
Click a director name to see their full track record across all companies.
Recent filings (31 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-15
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-23
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-05-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-05-13