F & F CONSTRUCTION LIMITED
🏛️Establishedactive
SC547961 · ltd · incorporated 2016-10-18
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£202.1k
book net assets
Opportunity
67/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Reasonable fundamentals — worth a memo before deciding.
Opportunity 67/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
8 live charges · 4 lenders · oldest 7.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 7.6 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (73/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
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
1 connected companies via shared directors
48
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £202,127
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£202k
Current Assets
£81k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-29 |
|---|---|
| Total assets | £661.0k |
| Current assets | £80.7k |
| Net assets | £202.1k |
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
4
filings
- • 3 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2025-12-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-12-15🔒Charge registered #8Lender: Aldermore Bank PLC
- 2025-12-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-10🔓Charge satisfied #7
- 2025-12-10🔓Charge satisfied #6
- 2025-01-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-02🔒Charge registered #7Lender: Together Commercial Finance Limited
- 2024-11-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-25🔒Charge registered #6Lender: Together Commercial Finance Limited
- 2023-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-10-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-10-01🔒Charge registered #4Lender: Aldermore Bank PLC
- 2020-09-30🔒Charge registered #5Lender: Aldermore Bank PLC
- 2020-03-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-23📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2019-02-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-02-15🔒Charge registered #3Lender: Charter Court Financial Services Limited (Incorporated in England and Wales with Company Number 06749498)
- 2018-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-10-19🔒Charge registered #2Lender: Charter Court Financial Services Limited (06749498)
- 2018-10-19🔒Charge registered #1Lender: Charter Court Financial Services Limited (06749498)
- 2016-10-18🏢Company incorporatedAs F & F CONSTRUCTION LIMITED
- 2016-10-18➕FERRIER, Philip David appointeddirector
- 2016-10-18➕TOLNAI, Marta appointeddirector
Owner dependency
63/100
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.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Philip David Ferrier Individual · British · DOB 07/1970 · age 56 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/10/2016 |
Ms Marta Tolnai Individual · Hungarian · DOB 01/1976 · age 50 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/10/2016 |
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 →Similar companies
Active · Property · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| J & E NOMINEES LIMITED→ SC237007 · est 2002 | £3.06M £2.60M–£3.52M | — | £3.06M | — | 23y | 83 | 66y |
| ABZCO LTD.→ SC223809 · est 2001 | £655.5k £557.2k–£753.9k | — | £655.5k | — | 24y | 82 | 77y |
| MNA (SCOTLAND) LIMITED→ SC283813 · est 2005 | £637.9k £542.2k–£733.6k | — | £637.9k | — | 21y | 83 | 60y |
| STATION WORKS PROPERTIES LTD.→ SC083127 · est 1983 | £39.9k £33.9k–£45.9k | — | £39.9k | — | 42y | 83 | 79y |
| THE OLD MILL COMPANY (DUNDEE) LIMITED→ SC250344 · est 2003 | £16.4k £13.9k–£18.9k | — | £16.4k | — | 22y | 83 | 62y |
| LOW HOLDINGS (SCOTLAND) LIMITED→ SC412906 · est 2011 | — | — | — | 400 | 14y | 84 | 74y |
| CKS PROPERTIES LIMITED→ SC295259 · est 2006 | — | — | — | 5 | 20y | 83 | 67y |
| EAST OF SCOTLAND COLOUR PRINT LIMITED→ SC343575 · est 2008 | — | — | — | 4 | 17y | 83 | 63y |
| H & H PROPERTIES (UK) LIMITED→ SC267997 · est 2004 | — | — | — | 2300 | 21y | 83 | 73y |
| PANMURE NEWS LIMITED→ SC336255 · est 2008 | — | — | — | 0 | 18y | 83 | 62y |
| RDA PROPERTIES LIMITED→ SC232593 · est 2002 | — | — | — | 0 | 23y | 83 | 85y |
| WESTWATER ESTATES LIMITED→ SC288351 · est 2005 | — | — | — | 300 | 20y | 83 | 60y |
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
Incorporated2016-10-18
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
West Cottage Hilton Of Guthrie
By Forfar
Angus
DD8 2UA
Scotland
Filing status
Accounts
Next due: 2026-12-29
Last made up to: 2025-03-29
Confirmation statement
Next due: 2026-07-10
Last: 2025-06-26
Officers (2 active · 0 resigned)
FERRIER, Philip David→
Activedirector · ~56y · appointed 2016-10-18
View their other companies + combined net worth →
TOLNAI, Marta→
Activedirector · ~50y · appointed 2016-10-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
6
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 15/12/2025 | — | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 02/12/2024 | 10/12/2025 | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | — | 25/11/2024 | 10/12/2025 | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 01/10/2020 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | — | 30/09/2020 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited (Incorporated in England and Wales with Company Number 06749498) | A registered charge | 2 properties | 15/02/2019 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited (06749498) | A registered charge | 1 property | 19/10/2018 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited (06749498) | A registered charge | 1 property | 19/10/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (32 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-21
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-28