KRS ENGINEERING (FR) LTD

🌱Startupactive
SC810814 · ltd · incorporated 2024-05-17
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
year to May 2025
Net worth
£560
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (68/100)

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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
3 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
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 £560

Key financials

1 year extracted from filed iXBRL accounts
Cash
£22k
Net Worth
£560
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-31
Total assets£805
Cash£21.7k
Net assets£560

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (6 events)Click to expand
  1. 2026-01-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-05-17
    🏢
    Company incorporated
    As KRS ENGINEERING (FR) LTD
  3. 2024-05-17
    SOUTER, Keith Crawford appointed
    secretary
  4. 2024-05-17
    SOUTER, Keith Crawford appointed
    director
  5. 2024-05-17
    SOUTER, Roselyn appointed
    director
  6. 2024-05-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 2.0 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 Keith Crawford Souter
Individual · British · DOB 03/1975 · age 51
5075%
50–75%board control50-75% shares · 50-75% voting · board control17/05/2024
Mrs Roselyn Souter
Individual · British · DOB 01/1980 · age 46
2550%
25–50%25-50% shares · 25-50% voting17/05/2024

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.

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Company details

Statusactive
Typeltd
Incorporated2024-05-17
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

15 Greenbank Gardens
Fraserburgh
Aberdeenshire
AB43 7GE
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-30
Last: 2025-05-16

Officers (3 active · 0 resigned)

SOUTER, Keith Crawford
secretary · appointed 2024-05-17
View their other companies + combined net worth →
Active
SOUTER, Keith Crawford
director · ~51y · appointed 2024-05-17
View their other companies + combined net worth →
Active
SOUTER, Roselyn
director · ~46y · appointed 2024-05-17
View their other companies + combined net worth →
Active

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

Recent filings (3 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-30
incorporation-company
incorporation · NEWINC
2024-05-17