NITRAFIT LTD
💤Zombieactive
SC629463 · ltd · incorporated 2019-05-03
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 Jul 2024
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 72/100 (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: 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
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-07-31 | 2023-07-31 |
|---|---|---|
| Total assets | — | £568 |
| Current assets | — | £49 |
| Net assets | — | £-12.1k |
| Average employees | 0 | — |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2025-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-18📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2023-09-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-09-07📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-09-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-08-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-01➕MCFADDEN, Laura Elizabeth appointeddirector
- 2023-08-01➖MCGONIGAL, Joshua James Allan resigneddirector
- 2023-08-01➖MCLELLAN, Kathryn resigneddirector
- 2022-10-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-11-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-11-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-21➕MCLELLAN, Kathryn appointeddirector
- 2021-08-31➖IRVINE, Chris resigneddirector
- 2021-08-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-03🏢Company incorporatedAs NITRAFIT LTD
- 2019-05-03➕IRVINE, Chris appointeddirector
- 2019-05-03➕MCGONIGAL, Joshua James Allan appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome 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
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 |
|---|---|---|---|---|
Miss Laura Elizabeth Mcfadden Individual · British · DOB 09/1982 · age 44 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 01/08/2023 |
3 historic (ceased) PSCs
- Ms Kathryn Mclellanceased 01/08/2023· 25-50% shares · 25-50% voting
- Mr Joshua James Allan Mcgonigalceased 01/08/2023· 25-50% shares · 25-50% voting
- Mr Chris Irvineceased 21/10/2021· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Leisure & entertainment · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LINDSAY ENTERPRISES SCOTLAND LIMITED→ SC480555 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| NONESUCH METALS LIMITED→ SC587985 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| PAULA OBRIEN LTD→ SC707006 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| PEQUEÑOS TESOROS EN ESCOCIA LIMITED→ SC683300 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| PH RACING CLUB LTD→ SC757594 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| PITTENWEEM TENNIS CLUB LTD→ SC551716 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| PRESTIGE GOLF TRAVEL LTD→ SC839083 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| R&A CHAMPIONSHIPS LIMITED→ SC247047 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ROWEN EVENTS LTD→ SC600596 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| SAILORS REST COMMUNITY GYM→ SC523373 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| SAILUTIONS LTD→ SC624529 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| SANDY SMITH GOLF LIMITED→ SC261961 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
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
Incorporated2019-05-03
Jurisdictionscotland
Primary SIC93130 — Fitness facilities
Registered office
The Dance Studio Lynburn Industrial Estate
Halbeath Place
Dunfermline
Fife
KY11 4JT
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-10-23
Last: 2025-10-09
Officers (1 active · 3 resigned)
MCFADDEN, Laura Elizabeth→
Activedirector · ~44y · appointed 2023-08-01
View their other companies + combined net worth →
IRVINE, Chris→
Resigneddirector · ~40y · appointed 2019-05-03 · resigned 2021-08-31
MCGONIGAL, Joshua James Allan→
Resigneddirector · ~31y · appointed 2019-05-03 · resigned 2023-08-01
MCLELLAN, Kathryn→
Resigneddirector · ~35y · appointed 2021-10-21 · resigned 2023-08-01
Click a director name to see their full track record across all companies.
Recent filings (32 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-20
change-account-reference-date-company-previous-extended
accounts · AA01
2023-09-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-09-07
change-person-director-company-with-change-date
officers · CH01
2023-09-07
appoint-person-director-company-with-name-date
officers · AP01
2023-09-07
termination-director-company-with-name-termination-date
officers · TM01
2023-09-07
termination-director-company-with-name-termination-date
officers · TM01
2023-09-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-14