FUSION IT SYSTEMS LIMITED
💤Zombieactive
SC588438 · ltd · incorporated 2018-02-12
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£20.4k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
ALSO REGISTERED FOR
- 95110Repair of computers and peripheral equipment
Investor take
PursueAsset-holding vehicle with a 65-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 65). 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 (73/100).
Data confidence
Overall: medium (70/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
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 · FRS 102Positive net assets
Net assets £20,423
Key financials
1 year extracted from filed iXBRL accountsCash
£2k
Net Worth
£20k
Current Assets
£5k
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 |
|---|---|
| Total assets | £20.4k |
| Current assets | £5.1k |
| Cash | £1.5k |
| Debtors | £3.6k |
| Net assets | £20.4k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
3
filings
- • 2 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2025-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-12-05📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-07📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-11-24📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2023-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-21📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-05-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-26📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2021-11-26📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-11📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2018-02-12🏢Company incorporatedAs FUSION IT SYSTEMS LIMITED
- 2018-02-12➕DICKSON, James Kenneth appointeddirector
- 2018-02-12📄incorporation-companyincorporation · NEWINC
Owner dependency
95/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Kenneth Dickson Individual · British · DOB 12/1961 · age 65 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 12/02/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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
Incorporated2018-02-12
Jurisdictionscotland
Primary SIC62090 — Other information technology service activities
Registered office
Office 90 Alloa Business Centre
Whins Road
Alloa
Clackmannanshire
FK10 3SA
Scotland
Filing status
Accounts
Next due: 2026-12-05
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-25
Last: 2026-02-11
Officers (1 active · 0 resigned)
DICKSON, James Kenneth→
Activedirector · ~65y · appointed 2018-02-12
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (23 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-17
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-11
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-12-07
change-account-reference-date-company-previous-extended
accounts · AA01
2024-11-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-14
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-24
change-account-reference-date-company-current-shortened
accounts · AA01
2022-02-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-16