FIFE NDT INSPECTION SERVICES LIMITED

🌳Matureactive
SC478854 · ltd · incorporated 2014-05-30
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£-1.2k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (78/100)

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
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
Network not yet resolved
30
Filing history
29 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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £1,168

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£1k
↑ 76% YoY
Current Assets
£29k
↑ 3042% YoY
Current Liabilities
-£5k£2k£9k£16k£22k£29kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£-1.2k£-4.8k
Current assets£29.1k£925
Net assets£-1.2k£-4.8k

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 (19 events)Click to expand
  1. 2025-10-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-07-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-07-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-07-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2023-07-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-11-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-10-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-07-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-06-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-08-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-08-14
    📄
    capital-allotment-shares
    capital · SH01
  13. 2017-08-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2017-08-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-08-07
    MILNE, Sharon appointed
    director
  16. 2016-12-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-07-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2014-05-30
    🏢
    Company incorporated
    As FIFE NDT INSPECTION SERVICES LIMITED
  19. 2014-05-30
    CLARK, Ewan appointed
    director

Owner dependency

63/100
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.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

41/100
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.
  • 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
Ms Sharon Milne
Individual · British · DOB 03/1973 · age 53
2550%
25–50%25-50% shares · 25-50% voting26/07/2024
Mr Ewan Clark
Individual · British · DOB 03/1972 · age 54
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/05/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2014-05-30
Jurisdictionscotland
Primary SIC09100 — SIC 09100

Registered office

6 Cynicus Place
Balmullo
St. Andrews
Fife
KY16 0AS

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-13
Last: 2025-05-30

Officers (2 active · 0 resigned)

CLARK, Ewan
director · ~54y · appointed 2014-05-30
View their other companies + combined net worth →
Active
MILNE, Sharon
director · ~53y · appointed 2017-08-07
View their other companies + combined net worth →
Active

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

Recent filings (29 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-21
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-07-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-02
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-02