5F TRAVEL LTD

🏛️Establishedactive
SC629938 · ltd · incorporated 2019-05-09
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
Why now
Window steady · low confidence
Asset base steady — strong defensive profile, no urgency cue.
What changed my view
Last 30 days

No material changes in the last 30 days.

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 2024
Net worth
£8.8k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 75/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (82/100)

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
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £8,807
Net assets shrinking
Down £3,144 YoY
Cash YoY
+121%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↑ 121% YoY
Net Worth
£9k
↓ 26% YoY
Current Assets
£47k
↓ 22% YoY
Current Liabilities
—
£0£12k£24k£36k£49k£61kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£16.3k£29.5k
Current assets£47.5k£60.7k
Cash£1.9k£871
Debtors£45.5k£59.8k
Net assets£8.8k£12.0k

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 (26 events)Click to expand
  1. 2025-09-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-05-14
    ➕
    FAIRGRIEVE, Brodie appointed
    director
  4. 2024-10-17
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  5. 2024-10-04
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  6. 2024-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-03-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-03-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-07-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-07-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-05-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-05-14
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2020-05-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2020-05-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2020-03-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2020-03-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2020-03-30
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2020-03-23
    ➕
    FAIRGRIEVE, Denise Helen appointed
    director
  19. 2020-03-23
    ➖
    SIMKIN, Gary Mclean resigned
    secretary
  20. 2020-03-23
    ➖
    SIMKIN, Gary Mclean resigned
    director
  21. 2019-08-20
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  22. 2019-05-09
    🏢
    Company incorporated
    As 5F TRAVEL LTD
  23. 2019-05-09
    ➕
    FAIRGRIEVE, Scott appointed
    director
  24. 2019-05-09
    ➕
    SIMKIN, Gary Mclean appointed
    secretary
  25. 2019-05-09
    ➕
    SIMKIN, Gary Mclean appointed
    director
  26. 2019-05-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Red flags

1 med ·
Name changed 2 times
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-10-17: certificate-change-of-name-company; 2024-10-04: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Scott Fairgrieve
Individual · British · DOB 06/1969 · age 57
25–50%
—25-50% shares23/03/2020
1 historic (ceased) PSC
  • Mr Gary Mclean Simkinceased 23/03/2020· significant influence

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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Active · Construction · EH postcode area
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PEGASUS FIRE PROTECTION COMPANY LIMITED→
SC178102 · est 1997
£9.82M
£7.02M–£12.63M
——670028y8875y
MAXI CONSTRUCTION LIMITED→
SC048718 · est 1971
£9.09M
£6.50M–£11.69M
——4054y8882y
THE EDINBURGH SCHOOLS PARTNERSHIP LIMITED→
SC206930 · est 2000
£8.27M
£5.91M–£10.63M
——026y8465y
JOHN G. MACKINTOSH LIMITED→
SC281061 · est 2005
£6.96M
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——24121y8866y
SERS ENERGY SOLUTIONS (SCOTLAND) LIMITED→
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——1915y8569y
COLORADO CONSTRUCTION & ENGINEERING LIMITED→
SC311182 · est 2006
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GORDON BOW PLANT HIRE LTD→
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£1.57M
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£9.21M—620034y8668y
GEORGE SHARKEY & SONS LIMITED→
SC164725 · est 1996
£779.7k
£556.9k–£1.00M
——6830y8466y
DATS - DESIGN AND TRAINING SOLUTIONS LTD→
SC441708 · est 2013
£1.5k
£1.1k–£1.9k
£81.2k—10013y10059y
3 ED SISTERCO LIMITED→
SC328041 · est 2007 · no financials extracted
————18y8365y
AMA CONSTRUCTION (EDINBURGH) LIMITED→
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ARMITSCOT DEVELOPMENTS LIMITED→
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————52y8361y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2019-05-09
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Altair House
2b Macmerry Business Park
Macmerry
East Lothian
EH33 1RW
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-05-22
Last: 2025-05-08

Officers (3 active · 2 resigned)

FAIRGRIEVE, Brodie→
director · ~24y · appointed 2025-05-14
View their other companies + combined net worth →
Active
FAIRGRIEVE, Denise Helen→
director · ~58y · appointed 2020-03-23
View their other companies + combined net worth →
Active
FAIRGRIEVE, Scott→
director · ~57y · appointed 2019-05-09
View their other companies + combined net worth →
Active
SIMKIN, Gary Mclean→
secretary · appointed 2019-05-09 · resigned 2020-03-23
Resigned
SIMKIN, Gary Mclean→
director · ~42y · appointed 2019-05-09 · resigned 2020-03-23
Resigned

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

Recent filings (24 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-21
appoint-person-director-company-with-name-date
officers · AP01
2025-05-21
certificate-change-of-name-company
change-of-name · CERTNM
2024-10-17
certificate-change-of-name-company
change-of-name · CERTNM
2024-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-10