FIBONACCI COMMUNICATIONS LIMITED

💤Zombieactive
SC608687 · ltd · incorporated 2018-09-20
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.
Why now
Window steady · medium confidence
Mixed signals — 1 changes over 30 days, no clear direction yet.
  • · Filings: 20 → 21
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • Filings: 2021
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Sept 2025
Net worth
£58.7k
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: SIC 47421
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (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).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 6.4y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 6.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
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
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £58,720
Cash YoY
+182%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£243k
↑ 182% YoY
Net Worth
£59k
↑ 117340% YoY
Current Assets
£243k
↑ 133% YoY
Current Liabilities
£0£49k£97k£146k£195k£243kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
Total assets£65.3k£16.6k
Current assets£243.2k£104.5k
Cash£243.2k£86.3k
Debtors£18.1k
Net assets£58.7k£50

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 mortgage
Last 180 days
2
filings
  • 1 mortgage
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-05-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-05-27
    🔓
    Charge satisfied #1
  3. 2026-04-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-05-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-05-07
    🔒
    Charge registered #2
    Lender: Hsbc UK Bank PLC
  6. 2025-01-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-05-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-10-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-10-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-10-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2022-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-04-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-03-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2020-03-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2020-03-07
    🔒
    Charge registered #1
    Lender: Barclays Security Trustee Limited
  17. 2018-09-20
    🏢
    Company incorporated
    As FIBONACCI COMMUNICATIONS LIMITED
  18. 2018-09-20
    CHRISTIE, Scott Alexander appointed
    director
  19. 2018-09-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The 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.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Scott Alexander Christie
Individual · British · DOB 02/1980 · age 46
75100%
75–100%board control75-100% shares · 75-100% voting · board control20/09/2018

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

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 →
🔒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
Incorporated2018-09-20
Jurisdictionscotland
Primary SIC47421 — SIC 47421

Registered office

26 Swans Water Road
Stirling
FK7 9DS
United Kingdom

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-10-03
Last: 2025-09-19

Officers (1 active · 0 resigned)

CHRISTIE, Scott Alexander
director · ~46y · appointed 2018-09-20
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property07/05/2025
satisfied
Barclays
Barclays Security Trustee Limited
A registered charge07/03/202027/05/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (21 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-10
change-person-director-company-with-change-date
officers · CH01
2022-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-22