HI-FAS (ENGINEERS SUPPLY) LIMITED
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 58). 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 (73/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 39.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 39.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 address
- • 1 confirmation-statement
- • 1 address
- • 1 confirmation-statement
Corporate timeline (30 events)Click to expand
- 2026-03-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-09-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-10-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-09-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-08-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-11-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-10-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-11-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-11-08🔓Charge satisfied #2
- 2018-10-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-10-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-09-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-03-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-10-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-03-08➖SCOTT, John Carruthers resigneddirector
- 2007-08-23➕SCOTT, Norman Robert appointedsecretary
- 2007-08-23➕SCOTT, Norman Robert appointeddirector
- 2007-08-23➖QUINN, Anne resignedsecretary
- 2007-08-23➖QUINN, Anne resigneddirector
- 2007-08-23➖QUINN, Charles Connaughton resigneddirector
- 2007-08-23➖QUINN, John Pollock resigneddirector
- 2007-08-23➕SCOTT, John Carruthers appointeddirector
- 2007-08-10🔓Charge satisfied #1
- 1998-05-21🔒Charge registered #2Lender: Royal Bank Invoice Finance Limited
- 1990-02-15➖QUINN, Charles Connaughton resigneddirector
- 1989-12-01➕QUINN, Charles Connaughton appointeddirector
- 1987-01-29🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1986-09-17🏢Company incorporatedAs HI-FAS (ENGINEERS SUPPLY) LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 40 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanGroup structure
Scott Properties (10) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Scott Properties (10) Limited Corporate entity | 75–100% | — | 75-100% shares | 03/01/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Holding company · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DRON & DICKSON GROUP LIMITED→ SC305554 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| EDINMAC LIMITED→ SC867838 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FORTH ELECTRICAL SERVICES LIMITED→ SC207777 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| FORTH HOLDINGS LIMITED→ SC616186 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| FVF HOLDINGS LTD→ SC882355 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| GLENGYLE DEVELOPMENTS LTD→ SC240140 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| HALMAX INTERNATIONAL LIMITED→ SC557345 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| HORIZON GROUP FALKIRK LIMITED→ SC765533 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| INDUSVENT (SCOTLAND) LIMITED→ SC393976 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| INSIGHT RESIDENTIAL LTD→ SC691949 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| JLC RETAILER LTD→ SC692939 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| JLMC PROPERTY MANAGEMENT LTD→ SC662855 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Royal Bank Invoice Finance Royal Bank Invoice Finance Limited | Floating charge | 1 property | 21/05/1998 | 08/11/2018 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 29/01/1987 | 10/08/2007 |