FISTRAL BAY LIMITED

💤Zombieactive
SC502002 · ltd · incorporated 2015-03-31
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
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.

What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: dormant / non-trading with strong profile and bankable structure.

Opportunity 78/100 (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 (73/100).

Data confidence

Overall: high (81/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
23 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees00

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-02-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-10-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-01-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-04-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-05-14
    📄
    capital-allotment-shares
    capital · SH01
  13. 2015-03-31
    🏢
    Company incorporated
    As FISTRAL BAY LIMITED
  14. 2015-03-31
    MITCHELL, Graham Carmichael appointed
    director
  15. 2015-03-31
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

70/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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
NameSharesVoting rightsNature of controlNotified
Mr Graham Carmichael Mitchell
Individual · British · DOB 02/1962 · age 64
2550%
25-50% shares06/02/2017

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 →

Similar companies

Active · Holding company · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
HOLYROOD STUDENT ACCOMMODATION PLC
SC441988 · est 2013 · no financials extracted
13y
IWT HOLDINGS LIMITED
SC527575 · est 2016 · no financials extracted
10y
J & T GILLAN (PROPERTY) LIMITED
SC090444 · est 1984 · no financials extracted
41y
JRP CAPITAL INVESTMENT HOLDINGS LTD
SC787330 · est 2023 · no financials extracted
2y
KAINGA LTD
SC772424 · est 2023 · no financials extracted
2y
KERAH PROPERTY SERVICES LTD
SC670004 · est 2020 · no financials extracted
5y
KERR BARRIE NOMINEES LIMITED
SC165163 · est 1996 · no financials extracted
29y
KG PROPERTY FINANCE LTD
SC779129 · est 2023 · no financials extracted
2y
KILMUIR LIMITED
SC389397 · est 2010 · no financials extracted
15y
KIRKHOLM PROPERTIES HOLDINGS LIMITED
SC602584 · est 2018 · no financials extracted
7y
KIWI INVESTMENT GROUP LIMITED
SC688867 · est 2021 · no financials extracted
5y
KNIGHTBRIDGE PROPERTY HOLDINGS LIMITED
SC586555 · est 2018 · no financials extracted
8y
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
Incorporated2015-03-31
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

18 Hillcrest Drive
Newton Mearns
Glasgow
G77 5HH
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-19
Last: 2026-02-05

Officers (1 active · 0 resigned)

MITCHELL, Graham Carmichael
director · ~64y · appointed 2015-03-31
View their other companies + combined net worth →
Active

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

Recent filings (23 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-12