FRASER CIVIL ENGINEERING LTD

🚨Distressedactive
SC725776 · ltd · incorporated 2022-03-10
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
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Turnover
year to Mar 2024
Net worth
£-11.8k
book net assets
Opportunity
60/100
Worth a look
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What this business does
Primary activity: Construction of other civil engineering projects n.e.c.
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 50/100. 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: distressed disposal / insolvency (65/100).

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
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
1 connected companies via shared directors
48
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
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
Negative net assets
Liabilities exceed assets by £11,840

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£12k
Current Assets
£2k
Current Liabilities
-£12k-£9k-£6k-£3k-£656£2kMar 2023Mar 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-03-312023-03-31
Total assets£-6.0k
Current assets£2.1k
Net assets£-11.8k

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 gazette
  • 1 confirmation-statement
Last 180 days
3
filings
  • 2 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2026-03-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-03-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2024-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-11-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-03-10
    🏢
    Company incorporated
    As FRASER CIVIL ENGINEERING LTD
  6. 2022-03-10
    FRASER, Niall Richard appointed
    director
  7. 2022-03-10
    📄
    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

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: 2025-12-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Niall Richard Fraser
Individual · British · DOB 01/1975 · age 51
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/03/2022

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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.

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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
Incorporated2022-03-10
Jurisdictionscotland
Primary SIC42990 — Construction of other civil engineering projects n.e.c.

Registered office

3 Slade Cottages,
Carmyllie
Arbroath
Angus
DD11 2RE
Scotland

Filing status

Accounts
Next due: 2025-12-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2027-03-23
Last: 2026-03-09

Officers (1 active · 0 resigned)

FRASER, Niall Richard
director · ~51y · appointed 2022-03-10
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-23
gazette-notice-compulsory
gazette · GAZ1
2026-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-09
accounts-with-accounts-type-dormant
accounts · AA
2023-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-27
incorporation-company
incorporation · NEWINC
2022-03-10