FRETRONICS ENGINEERING LIMITED

💤Zombieactive

SC743248 · ltd · incorporated 2022-09-02

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 steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

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 2025

Net worth

—

book net assets

Opportunity

72/100

Strong

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

What this business does

Primary activity: SIC 27900

Sector: Manufacturing

ALSO REGISTERED FOR

33130SIC 33130
74100Specialised design activities
95210Repair of consumer electronics

Investor take

Pursue

Strong 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).

🏦

Refinance opportunity

1 live charge · oldest 1.5y

10/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Newest facility, 1.5 years old — likely still in initial term.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 4 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

3 officers (2 active, 3 linked, 2 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

11 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

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

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2025-09-30	2024-09-30
Average employees	3	200

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

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (14 events)Click to expand

2026-02-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-20
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-19
🔒
Charge registered #1
Lender: Dsl Business Finance Limited (SC145739) (the "Lender")
2024-10-30
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2024-10-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-10-29
➕
WARNER, Jacolyn Shirley appointed
secretary
2024-10-29
➖
WARNER, Jacolyn Shirley resigned
director
2023-11-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-03
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-02
🏢
Company incorporated
As FRETRONICS ENGINEERING LIMITED
2022-09-02
➕
WARNER, Oliver Brian appointed
director
2022-09-02
➕
WARNER, Jacolyn Shirley appointed
director
2022-09-02
📄
incorporation-company
incorporation · NEWINC

Owner dependency

75/100

High — earn-out structure required

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

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.

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 Oliver Brian Warner Individual · British · DOB 11/1995 · age 31	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	02/09/2022

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.

See pricing →

Similar companies

Active · Manufacturing · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
DIESELEC THISTLE GENERATORS LIMITED→ SC269766 · est 2004	£7.66M £5.96M–£9.37M	—	—	10300	21y	84	58y
CALEDONIAN PLYWOOD COMPANY LTD.→ SC195444 · est 1999	£6.46M £5.02M–£7.89M	—	—	8100	27y	85	72y
PITREAVIE PACKAGING LIMITED→ SC290452 · est 2005	£4.66M £3.63M–£5.70M	£24.98M	—	15700	20y	84	70y
PCT GROUP SALES LIMITED→ SC075642 · est 1981	£3.56M £2.77M–£4.35M	—	—	77	44y	85	83y
PROMAT BD LIMITED→ SC208370 · est 2000	£3.41M £2.65M–£4.17M	—	—	8500	25y	87	70y
KELVINSIDE ELECTRONICS LIMITED→ SC105407 · est 1987	£3.30M £2.57M–£4.03M	—	—	57	38y	84	65y
INDEPENDENT GLASS COMPANY LIMITED→ SC107294 · est 1987	£2.83M £2.20M–£3.46M	—	—	21800	38y	85	79y
THOMAS TUNNOCK LIMITED→ SC028747 · est 1952	£2.26M £1.76M–£2.76M	—	—	653	74y	85	93y
SAMTEC (EUROPE) LIMITED→ SC096674 · est 1986	£1.51M £1.17M–£1.84M	—	—	2700	40y	85	65y
SOAPWORKS LIMITED→ SC388292 · est 2010	£817.8k £636.1k–£999.6k	£11.53M	—	10300	15y	84	62y
WALKI LIMITED→ SC014320 · est 1926	£439.3k £341.7k–£536.9k	—	—	35	99y	94	61y
LINIAN SUPPLY CO. LIMITED→ SC246119 · est 2003	—	—	—	1400	23y	88	66y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Incorporated2022-09-02

Jurisdictionscotland

Primary SIC27900 — SIC 27900

Registered office

Unit 37 Elderpark Workspace

100 Elderpark Street

Glasgow

G51 3TR

Scotland

Filing status

Accounts

Next due: 2027-06-30

Last made up to: 2025-09-30

Confirmation statement

Next due: 2026-09-15

Last: 2025-09-01

Officers (2 active · 1 resigned)

WARNER, Jacolyn Shirley→

secretary · appointed 2024-10-29

View their other companies + combined net worth →

Active

WARNER, Oliver Brian→

director · ~31y · appointed 2022-09-02

View their other companies + combined net worth →

Active

WARNER, Jacolyn Shirley→

director · ~70y · appointed 2022-09-02 · resigned 2024-10-29

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Dsl Business Finance (SC145739) (the "Lender") Dsl Business Finance Limited (SC145739) (the "Lender")	A registered charge	—	19/11/2024	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (11 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-02-09

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-09-01

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-01-09

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2024-11-20

appoint-person-secretary-company-with-name-date

officers · AP03

2024-10-30

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

officers · TM01

2024-10-30

confirmation-statement-with-updates

confirmation-statement · CS01

2024-09-02

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-11-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-09-02

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

address · AD01

2022-11-03

incorporation-company

incorporation · NEWINC

2022-09-02