FITBOX VIRTUAL LIMITED

🌳Matureactive
SC476706 · ltd · incorporated 2014-05-02
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
£113.8k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Retail sale of audio and video equipment in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (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: share sale to pe / searcher (73/100).

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
34 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
75
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 £113,812
Net assets shrinking
Down £60,746 YoY
Cash YoY
-27%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£94k
↓ 27% YoY
Net Worth
£114k
↓ 35% YoY
Current Assets
£155k
↓ 17% YoY
Current Liabilities
—
£0£38k£75k£113k£151k£188kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£117.1k£187.9k
Current assets£155.3k£188.2k
Cash£94.4k£128.9k
Debtors£60.9k£59.2k
Net assets£113.8k£174.6k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-08-13
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  10. 2018-08-13
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  11. 2018-08-08
    📄
    capital-allotment-shares
    capital · SH01
  12. 2018-08-08
    📄
    capital-allotment-shares
    capital · SH01
  13. 2017-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-12-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-03-14
    ➕
    PITMAN, Andrew Saul appointed
    director
  16. 2014-05-02
    🏢
    Company incorporated
    As FITBOX VIRTUAL LIMITED
  17. 2014-05-02
    ➕
    HUTCHISON, Mark appointed
    director

Owner dependency

71/100
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.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

51/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

2 corporate shareholders identified. Group structure is distributed.

🏛️
Hutchison Technologies Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
Kaleidovision Limited
Corporate parent · holds 50-75% shares
majority
⬇
FITBOX VIRTUAL LIMITED
This company · SC476706

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Kaleidovision Limited
Corporate entity
50–75%
—50-75% shares06/04/2016
Hutchison Technologies Limited
Corporate entity
25–50%
—25-50% shares06/04/2016

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

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
Incorporated2014-05-02
Jurisdictionscotland
Primary SIC47430 — Retail sale of audio and video equipment in specialised stores

Registered office

The Innovation Centre
1 Harrison Road
Dundee
DD2 3SN

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-27
Last: 2025-09-13

Officers (2 active · 0 resigned)

HUTCHISON, Mark→
director · ~55y · appointed 2014-05-02
View their other companies + combined net worth →
Active
PITMAN, Andrew Saul→
director · ~59y · appointed 2016-03-14
View their other companies + combined net worth →
Active

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

Recent filings (34 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-07