FOCHABERS CHIPPY LTD
🏛️Establishedactive
SC584843 · ltd · incorporated 2018-01-04
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 Mar 2025
Net worth
£11.8k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Take-away food shops and mobile food stands
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -81% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
2 live charges · oldest 8.2y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (77/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
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
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
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 £11,754
Cash draining
Cash down 81% YoY
Cash YoY
-81%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£14k
↓ 81% YoY
Net Worth
£12k
↑ 10% YoY
Current Assets
£23k
↓ 77% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £33.0k | £27.5k |
| Current assets | £22.8k | £99.6k |
| Cash | £13.9k | £72.3k |
| Debtors | £1.7k | £18.8k |
| Net assets | £11.8k | £10.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-04-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-01-28🔓Charge satisfied #2
- 2021-10-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-18🔓Charge satisfied #1
- 2021-05-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-03-06🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2018-02-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-02-22📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2018-02-22🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2018-01-04🏢Company incorporatedAs FOCHABERS CHIPPY LTD
- 2018-01-04➕WHYTE, Stuart Alexander appointedsecretary
- 2018-01-04➕WHYTE, Carol Ann appointeddirector
- 2018-01-04➕WHYTE, Stuart Alexander appointeddirector
- 2018-01-04📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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
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 |
|---|---|---|---|---|
Stuart Alexander Whyte Individual · British · DOB 11/1972 · age 54 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 04/01/2018 |
Carol Ann Whyte Individual · British · DOB 10/1970 · age 56 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 04/01/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| FIFE INNS (CUPAR) LIMITED→ SC118700 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
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| GLENSHIRE HOSPITALITY LTD→ SC668114 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| HANCOCK HOSPITALITY LTD→ SC865657 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HAWKSWOOD RESORT DEVELOPMENT LIMITED→ SC656585 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| HEL'S CAFE LTD→ SC884213 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HERBALS-ARE-US LTD→ SC413737 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| HH FOODS LTD→ SC859722 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HHM1 LTD→ SC859708 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HIGHWIRE PROPERTIES LTD→ SC502480 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| HMK BUSINESS SOLUTIONS LTD→ SC640378 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| HOBZ BAKERY LIMITED→ SC732591 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2018-01-04
Jurisdictionscotland
Primary SIC56103 — Take-away food shops and mobile food stands
Registered office
28 Rodger Street
Anstruther
Fife
KY10 3DU
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-17
Last: 2026-01-03
Officers (3 active · 0 resigned)
WHYTE, Stuart Alexander→
Activesecretary · appointed 2018-01-04
View their other companies + combined net worth →
WHYTE, Carol Ann→
Activedirector · ~56y · appointed 2018-01-04
View their other companies + combined net worth →
WHYTE, Stuart Alexander→
Activedirector · ~54y · appointed 2018-01-04
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 06/03/2018 | 28/01/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 22/02/2018 | 18/10/2021 |
Recent filings (22 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-06
mortgage-satisfy-charge-full
mortgage · MR04
2022-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-03
mortgage-satisfy-charge-full
mortgage · MR04
2021-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-03