FIN FAR FAI LTD

💤Zombieactive
SC649172 · ltd · incorporated 2019-12-09
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
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Turnover
year to Dec 2020
Net worth
£152.9k
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: Other sports activities
Sector: Arts, entertainment & recreation
Investor take
Special-situation opportunity
Distressed leisure with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
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
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £152,879

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£153k
Current Assets
£117k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2020-12-31
Total assets£162.9k
Current assets£117.3k
Net assets£152.9k

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

Recent activity

Last 30 days
0
filings
Last 90 days
3
filings
  • 2 confirmation-statement
  • 1 gazette
Last 180 days
3
filings
  • 2 confirmation-statement
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-03-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2024-04-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  3. 2024-03-12
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2023-12-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2023-06-10
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  6. 2023-05-16
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2022-12-21
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2021-09-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-12-09
    🏢
    Company incorporated
    As FIN FAR FAI LTD
  10. 2019-12-09
    MAGUIRE, Stephen appointed
    director
  11. 2019-12-09
    📄
    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 6 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

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2023-03-21

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Stephen Maguire
Individual · British · DOB 03/1981 · age 45
2550%
25–50%board control25-50% shares · 25-50% voting · board control09/12/2019

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

9 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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2019-12-09
Jurisdictionscotland
Primary SIC93199 — Other sports activities

Registered office

12 Old Gartloch Road
Gartcosh
Glasgow
G69 8EU
Scotland

Filing status

Accounts
Next due: 2023-03-21OVERDUE
Last made up to: 2020-12-31
Confirmation statement
Next due: 2026-12-15
Last: 2025-12-01

Officers (1 active · 0 resigned)

MAGUIRE, Stephen
director · ~45y · appointed 2019-12-09
View their other companies + combined net worth →
Active

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

Recent filings (15 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-06
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-04-11
gazette-notice-compulsory
gazette · GAZ1
2024-03-12
gazette-filings-brought-up-to-date
gazette · DISS40
2023-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-06-10
gazette-notice-compulsory
gazette · GAZ1
2023-05-16
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-11
incorporation-company
incorporation · NEWINC
2019-12-09