FOOD TECH SYSTEMS LTD
🏛️Establishedactive
SC540059 · ltd · incorporated 2016-07-12
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 Jun 2025
Net worth
£138.1k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other food services
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 77/100 (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: 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
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
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 declaredPositive net assets
Net assets £138,131
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£138k
↑ 7.5% YoY
Current Assets
£239k
↑ 3.5% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £138.1k | £128.5k |
| Current assets | £239.1k | £231.0k |
| Net assets | £138.1k | £128.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (14 events)Click to expand
- 2025-08-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-03-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-08-15📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2016-07-12🏢Company incorporatedAs FOOD TECH SYSTEMS LTD
- 2016-07-12➕TAIT, Ashley appointeddirector
- 2016-07-12➕TAIT, Fraser Wallace appointeddirector
- 2016-07-12📄incorporation-companyincorporation · NEWINC
Owner dependency
79/100
High — earn-out structure requiredMaterial 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 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Ashley Tait Individual · British · DOB 05/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 12/07/2016 |
Mr Fraser Wallace Tait Individual · British · DOB 06/1966 · age 60 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 12/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| FERRIGAN'S FLATS LTD→ SC858857 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FIFE HOTELS TRADING LIMITED→ SC656484 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| FIFE INNS (CUPAR) LIMITED→ SC118700 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| FISH EXPRESS LTD→ SC858594 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FOCHABERS CHIPPY LTD→ SC584843 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| FOOD A ONE LTD→ SC794119 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| FOOD ORGANISATION CO LTD→ SC688864 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| FOOD SHACK FIFE CIC→ SC772423 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| FOREVER XING SHENG LIMITED→ SC779218 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| FORTUNE GARDEN METHIL LIMITED→ SC881939 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FORTUNEST LTD→ SC824965 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FRAMWELLGATE LTD→ SC879762 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2016-07-12
Jurisdictionscotland
Primary SIC56290 — Other food services
Registered office
58 Lumsdaine Drive
Dalgety Bay
Dunfermline
Fife
KY11 9YU
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-09-01
Last: 2025-08-18
Officers (2 active · 0 resigned)
TAIT, Ashley→
Activedirector · ~59y · appointed 2016-07-12
View their other companies + combined net worth →
TAIT, Fraser Wallace→
Activedirector · ~60y · appointed 2016-07-12
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (22 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-20
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-25