FIT QUICK LTD
Opportunity 68/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2026-03-31 | 2025-03-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 gazette
- • 1 dissolution
- • 1 accounts
- • 1 gazette
- • 1 dissolution
- • 1 accounts
- • 1 gazette
- • 1 dissolution
- • 1 accounts
Corporate timeline (16 events)Click to expand
- 2026-04-21📄gazette-notice-voluntarygazette · GAZ1(A)
- 2026-04-14📄dissolution-application-strike-off-companydissolution · DS01
- 2026-04-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-07-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-11-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-12-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-12-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-03-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-11-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-12-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-09-26➕STRACHAN, Peter appointeddirector
- 2017-09-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-03-31🏢Company incorporatedAs FIT QUICK LTD
- 2017-03-31➕STRACHAN, John William appointeddirector
- 2017-03-31📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 74 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-10
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John William Strachan Individual · British · DOB 06/1952 · age 74 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/03/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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.
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Registered office
Filing status
Officers (2 active · 0 resigned)
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