SATURN FE LIMITED

🏛️Establishedactive
SC611526 · ltd · incorporated 2018-10-23
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
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Turnover
year to Dec 2024
Net worth
£2.03M
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Engineering related scientific and technical consulting activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 79/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 4.5y

5/100
under pressure

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

  • · Charge age ~4.5 years — mid-life; refi window approaching.
  • · 4 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
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 £2,026,670
Very low cash
Cash position: £34
Cash draining
Cash down 97% YoY
Cash YoY
-97%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£34
↓ 97% YoY
Net Worth
£2.0m
↑ 2.4% YoY
Current Assets
£3.9m
↑ 43% YoY
Current Liabilities
£0£774k£1.5m£2.3m£3.1m£3.9mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£2.20M£2.07M
Current assets£3.87M£2.70M
Cash£34£1.1k
Debtors£3.34M£2.16M
Net assets£2.03M£1.98M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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
1
filing
  • 1 mortgage
Last 90 days
2
filings
  • 1 mortgage
  • 1 confirmation-statement
Last 180 days
6
filings
  • 2 confirmation-statement
  • 2 gazette
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-04-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-04-07
    🔒
    Charge registered #4
    Lender: Kriya Finance Limited
  3. 2026-01-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2026-01-13
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2025-11-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-12-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-12-17
    🔒
    Charge registered #3
    Lender: Nucleus Cash Flow FINANCE2 Limited
  8. 2024-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-08-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2024-08-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2024-08-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2023-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2023-07-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2022-11-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2022-11-16
    🔒
    Charge registered #2
    Lender: Marketfinance Limited
  16. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2022-01-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2022-01-05
    🔓
    Charge satisfied #1
  19. 2021-11-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2021-11-11
    🔒
    Charge registered #1
    Lender: Barclays Security Trustee Limited
  21. 2021-09-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2020-11-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  24. 2018-10-23
    🏢
    Company incorporated
    As SATURN FE LIMITED
  25. 2018-10-23
    CLUNIE, Ewen James appointed
    director
  26. 2018-10-23
    CLUNIE, Shona Elizabeth appointed
    director

Owner dependency

79/100
High — earn-out structure required

Material 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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Saturn Fluid Engineering Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Saturn Fluid Engineering Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
SATURN FE LIMITED
This company · SC611526

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Saturn Fluid Engineering Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control29/05/2024
2 historic (ceased) PSCs
  • Mr Ewen James Clunieceased 29/05/2024· 25-50% shares
  • Mrs Shona Elizabeth Clunieceased 29/05/2024· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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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
Incorporated2018-10-23
Jurisdictionscotland
Primary SIC71122 — Engineering related scientific and technical consulting activities

Registered office

2 Waters Edge
Camperdown Street
Dundee
DD1 3HY
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-27
Last: 2026-03-13

Officers (2 active · 0 resigned)

CLUNIE, Ewen James
director · ~61y · appointed 2018-10-23
View their other companies + combined net worth →
Active
CLUNIE, Shona Elizabeth
director · ~61y · appointed 2018-10-23
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
3
Outstanding
3
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Kriya Finance
Kriya Finance Limited
A registered charge07/04/2026
outstanding
Nucleus Cash Flow FINANCE2
Nucleus Cash Flow FINANCE2 Limited
A registered charge17/12/2024
outstanding
Marketfinance
Marketfinance Limited
A registered charge16/11/2022
satisfied
Barclays
Barclays Security Trustee Limited
A registered charge11/11/202105/01/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (32 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-15
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-13
gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-14
gazette-notice-compulsory
gazette · GAZ1
2026-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-08-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-20