FLETT SERVICES LTD

🌿Early-stageactive
SC749957 · ltd · incorporated 2022-11-10
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Why now
Window closing · medium confidence
Getting harder to buy cheaply — 2 signals strengthening over the last 30 days.
  • · Deal-killer verdict: clean → workable
  • · Filings: 10 → 11
What changed my view
Last 30 days

Picture improved over the last 30 days — 2 positive signals vs 0 negative.

  • Deal-killer verdict: cleanworkable
  • Filings: 1011
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 Nov 2025
Net worth
£14.4k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 75/100 (strong), bankability 70/100. 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 (73/100).

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
11 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
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £14,401
Net assets shrinking
Down £14,617 YoY

Key financials

3 years extracted from filed iXBRL accounts
Cash
Net Worth
£14k
↓ 50% YoY
Current Assets
£90k
↑ 46% YoY
Current Liabilities
£0£18k£36k£54k£72k£90kNov 2023Nov 2024Nov 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-11-302024-11-302023-11-30
Total assets£14.4k£29.0k
Current assets£89.8k£61.6k
Net assets£14.4k£29.0k

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

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-06-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-01-20
    📄
    replacement-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP01CS01
  3. 2025-03-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-03-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-03-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-03-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2023-03-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2022-11-10
    🏢
    Company incorporated
    As FLETT SERVICES LTD
  9. 2022-11-10
    FLETT, Edward George appointed
    director
  10. 2022-11-10
    FLETT, Erica Elizabeth appointed
    director
  11. 2022-11-10
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

89/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "FLETT" — strong identity link between founder and business.
  • +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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Edward George Flett
Individual · British · DOB 11/1968 · age 58
2550%
25–50%25-50% shares · 25-50% voting10/11/2022
Mrs Erica Elizabeth Flett
Individual · American · DOB 11/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting10/11/2022

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

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
Incorporated2022-11-10
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

Victoria House
13 Victoria Street
Aberdeen
AB10 1XB
Scotland

Filing status

Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2026-11-23
Last: 2025-11-09

Officers (2 active · 0 resigned)

FLETT, Edward George
director · ~58y · appointed 2022-11-10
View their other companies + combined net worth →
Active
FLETT, Erica Elizabeth
director · ~49y · appointed 2022-11-10
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-06-23
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-01-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-06
appoint-person-director-company-with-name-date
officers · AP01
2023-03-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-03-06
incorporation-company
incorporation · NEWINC
2022-11-10