FSM ENGINEERING LTD
Opportunity 71/100 (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 (58/100).
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 · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 100 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (16 events)Click to expand
- 2025-06-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-09-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-04-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-05-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-06-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-25📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-03-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-09-19🏢Company incorporatedAs FSM ENGINEERING LTD
- 2017-09-19➕MCKIBBEN, Fraser Samuel appointeddirector
- 2017-09-19📄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.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Fraser Samuel Mckibben Individual · British · DOB 06/1990 · age 36 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 19/09/2017 |
Mrs Eilidh Mckibben Individual · Scottish · DOB 09/1991 · age 35 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 19/09/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
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