MURRAY FRASER APPLIANCES LIMITED

💤Zombieactive

SC615970 · ltd · incorporated 2018-12-12

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.

Why now

Window closing · medium confidence

Getting harder to buy cheaply — 2 signals strengthening over the last 30 days.

· Hygiene score: 85 → 90
· Filings: 23 → 24

What changed my view

Last 30 days

Picture improved over the last 30 days — 2 positive signals vs 0 negative.

↑Hygiene score: 85 → 90
↑Filings: 23 → 24

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 Apr 2026

Net worth

£687

book net assets

Opportunity

71/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Repair of household appliances and home and garden equipment

Sector: Other service activities

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

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: high (84/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

3 years of iXBRL accounts extracted + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (1 active, 2 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

24 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

71/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £687

Net assets shrinking

Down £2,219 YoY

Key financials

3 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£687

↓ 76% YoY

Current Assets

£21k

↓ 4.3% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2026-04-30	2025-04-30	2024-04-30
Total assets	£687	£2.9k	£5.2k
Current assets	£20.6k	£21.6k	£22.7k
Cash	—	—	£9.8k
Debtors	—	—	£8.3k
Net assets	£687	£2.9k	£5.2k

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 3 officers
• 3 persons-with-significant-control
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2026-06-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-25
📄
change-person-director-company-with-change-date
officers · CH01
2026-02-25
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-25
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-30
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-30
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-08-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-01
➖
FRASER, Scott resigned
director
2025-01-15
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-14
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-08-22
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-24
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-01-11
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-01-09
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-01-08
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-12-12
🏢
Company incorporated
As MURRAY FRASER APPLIANCES LIMITED
2018-12-12
➕
FRASER, Scott appointed
director
2018-12-12
➕
FRASER, Scott appointed
director
2018-12-12
📄
incorporation-company
incorporation · NEWINC

Owner dependency

90/100

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.
+Founder name in company name: Company name contains director surname "FRASER" — strong identity link between founder and business.

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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Scott Fraser Individual · British · DOB 08/1977 · age 49	75–100%	—	75-100% shares	12/12/2018

1 historic (ceased) PSC

Mr Scott Fraserceased 01/07/2025· 75-100% shares · 75-100% voting · board control

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

Similar companies

Active · Trade services · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
DONNACHAIDH PROPERTY LIMITED→ SC259850 · est 2003	—	—	—	0	22y	84	81y
ANKERVILLE NURSERY (ALNESS) LTD.→ SC304455 · est 2006	—	—	£1.27M	—	20y	83	67y
GARDENWOOD LIMITED→ SC158110 · est 1995	—	—	£733.6k	—	31y	83	72y
LOGIC ALARMS LIMITED→ SC211267 · est 2000	—	—	£1.90M	—	25y	83	74y
MORAY FIRTH TRAINING GROUP→ SC104619 · est 1987	—	—	—	6	39y	83	79y
QHS SCOTLAND LTD→ SC315075 · est 2007	—	—	£1.30M	—	19y	83	64y
SHG PROPERTIES LIMITED→ SC264805 · est 2004	—	—	£647.4k	—	22y	83	77y
TARVIE CROFTING ENTERPRISE→ SC191732 · est 1998	—	—	—	0	27y	83	73y
A HORNE PROPERTIES LTD.→ SC377750 · est 2010	—	—	£713.0k	—	16y	82	65y
ALASTAIR STEWART & SON MEMORIALS LIMITED→ SC360633 · est 2009	—	—	—	3	17y	82	60y
ALLAN W J WILSON LIMITED→ SC096831 · est 1986	—	—	£98.3k	—	40y	82	72y
ALLIED SOUTER & JAFFREY LIMITED→ SC261173 · est 2003	—	—	£77.9k	—	22y	82	61y

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

Incorporated2018-12-12

Jurisdictionscotland

Primary SIC95220 — Repair of household appliances and home and garden equipment

Registered office

99 Golfview Road

Inverness

IV3 8FF

United Kingdom

Filing status

Accounts

Next due: 2028-01-31

Last made up to: 2026-04-30

Confirmation statement

Next due: 2026-12-26

Last: 2025-12-12

Officers (1 active · 1 resigned)

FRASER, Scott→

director · ~49y · appointed 2018-12-12

View their other companies + combined net worth →

Active

FRASER, Scott→

director · ~48y · appointed 2018-12-12 · resigned 2025-07-01

Resigned

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

Recent filings (24 total)

accounts-with-accounts-type-micro-entity

accounts · AA

2026-06-24

change-person-director-company-with-change-date

officers · CH01

2026-02-25

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-02-25

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2026-02-25

confirmation-statement-with-updates

confirmation-statement · CS01

2026-01-30

termination-director-company-with-name-termination-date

officers · TM01

2026-01-30

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2026-01-30

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2026-01-30

appoint-person-director-company-with-name-date

officers · AP01

2026-01-30

accounts-with-accounts-type-micro-entity

accounts · AA

2025-08-20

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2025-01-15

confirmation-statement-with-updates

confirmation-statement · CS01

2024-12-13

confirmation-statement-with-updates

confirmation-statement · CS01

2023-12-12

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2023-07-14

confirmation-statement-with-updates

confirmation-statement · CS01

2022-12-12