FPE III FEEDER GP LLP
💤Zombieactive
SO307233 · llp · incorporated 2021-04-23
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
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
71/100
Strong
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 71/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
3 live charges · oldest 1.9y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 1.9 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: low (54/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 filings on record
85
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
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
4
filings
- • 3 mortgage
- • 1 confirmation-statement
Last 180 days
4
filings
- • 3 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-05-05📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2026-04-22📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2026-04-22🔓Charge satisfied #3
- 2026-04-20📄mortgage-charge-whole-release-with-charge-number-limited-liability-partnershipmortgage · LLMR05
- 2026-04-20📄mortgage-charge-whole-release-with-charge-number-limited-liability-partnershipmortgage · LLMR05
- 2025-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-24📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-22📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2024-07-17📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2024-07-17📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2024-07-10🔒Charge registered #3Lender: Investec Bank PLC (As Security Agent)
- 2024-07-10🔒Charge registered #2Lender: Investec Bank PLC (As Security Agent)
- 2024-07-10🔒Charge registered #1Lender: Investec Bank PLC (As Security Agent)
- 2024-04-22📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-04-22📄cessation-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC07
- 2024-04-05📄change-corporate-member-limited-liability-partnership-with-name-change-dateofficers · LLCH02
- 2024-03-06📄termination-member-limited-liability-partnership-with-name-termination-dateofficers · LLTM01
- 2024-03-06📄appoint-person-member-limited-liability-partnership-with-appointment-dateofficers · LLAP01
- 2024-03-06📄appoint-person-member-limited-liability-partnership-with-appointment-dateofficers · LLAP01
- 2024-02-29➕MILLER, Kenneth Wilson appointedllp-designated-member
- 2024-02-29➕SALLITT, Henry William Baines appointedllp-designated-member
- 2024-02-29➖BARBOUR, David James resignedllp-designated-member
- 2023-08-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-25📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-12-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-06📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-04-23🏢Company incorporatedAs FPE III FEEDER GP LLP
- 2021-04-23➕FPE PRIVATE EQUITY I LIMITED appointedcorporate-llp-designated-member
- 2021-04-23➕BARBOUR, David James appointedllp-designated-member
- 2021-04-23📄incorporation-limited-liability-partnershipincorporation · LLIN01
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Fpe Private Equity I Limited holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️
Fpe Private Equity I Limited
Corporate parent
⬇
FPE III FEEDER GP LLP
This company · SO307233
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Fpe Private Equity I Limited Corporate entity | — | 25–50% | 25-50% voting | 23/04/2021 |
1 historic (ceased) PSC
- Mr David James Barbourceased 29/02/2024· 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · same sector · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| INSAFETY VENTURES LP→ SL013501 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| INSIDE EDUCATION LP→ SL034509 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| INTEGRA CREATIVE LP→ SL024803 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| INTELLIGENT STYLE LP→ SL029659 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| INTELUX GROUP LP→ SL031961 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| INTENSE BUSINESS LP→ SL014700 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| INTERCONTINENTAL PARTNERS LP→ SL027339 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| INTERCORP EUROPE L.P.→ SL014052 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| INTERNATIONAL BEAUTY ADVICE L.P.→ SL022215 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| INTERNATIONAL ECOMMERCE GROUP LP→ SL034503 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| INTERNATIONAL HOTELS AND RESORTS LP→ SL031032 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| INTERNATIONAL LAWYERS COMPANY LP→ SL025716 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
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
Typellp
Incorporated2021-04-23
Jurisdictionscotland
Primary SIC—
Registered office
50 Lothian Road
Festival Square
Edinburgh
EH3 9WJ
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-05-06
Last: 2026-04-22
Officers (3 active · 1 resigned)
MILLER, Kenneth Wilson→
Activellp-designated-member · ~51y · appointed 2024-02-29
View their other companies + combined net worth →
SALLITT, Henry William Baines→
Activellp-designated-member · ~64y · appointed 2024-02-29
View their other companies + combined net worth →
FPE PRIVATE EQUITY I LIMITED→
Activecorporate-llp-designated-member · appointed 2021-04-23
View their other companies + combined net worth →
BARBOUR, David James→
Resignedllp-designated-member · ~60y · appointed 2021-04-23 · resigned 2024-02-29
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Investec Bank (As Security Agent) Investec Bank PLC (As Security Agent) | A registered charge | — | 10/07/2024 | 22/04/2026 | |
| outstanding | Investec Bank (As Security Agent) Investec Bank PLC (As Security Agent) | A registered charge | — | 10/07/2024 | — | |
| outstanding | Investec Bank (As Security Agent) Investec Bank PLC (As Security Agent) | A registered charge | — | 10/07/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (21 total)
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-05-05
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2026-04-22
mortgage-charge-whole-release-with-charge-number-limited-liability-partnership
mortgage · LLMR05
2026-04-20
mortgage-charge-whole-release-with-charge-number-limited-liability-partnership
mortgage · LLMR05
2026-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-20
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2024-07-22
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2024-07-17
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2024-07-17
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-04-22
cessation-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC07
2024-04-22
change-corporate-member-limited-liability-partnership-with-name-change-date
officers · LLCH02
2024-04-05
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2024-03-06
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2024-03-06