FLYING COLOURS (ENTERPRISES) LIMITED

💤Zombieactive
SC151128 · ltd · incorporated 1994-05-31
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
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Artistic creation
Sector: Arts, entertainment & recreation
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 65). 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).

Data confidence

Overall: medium (56/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (1 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-07-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-07-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-07-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-06-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2022-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-07-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2022-07-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2022-07-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2021-07-31
    ➖
    GREEN, Susan, Mrs. resigned
    director
  11. 2021-07-30
    ➖
    GREEN, Susan, Mrs. resigned
    secretary
  12. 2021-07-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-08-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-06-08
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  15. 2019-06-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-01-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2017-07-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2012-04-01
    ➕
    HOUSTON, Kevin John, Mr. appointed
    director
  20. 2012-03-21
    ➖
    GREEN, James resigned
    director
  21. 1997-05-28
    ➕
    GREEN, Susan, Mrs. appointed
    director
  22. 1994-05-31
    🏢
    Company incorporated
    As FLYING COLOURS (ENTERPRISES) LIMITED
  23. 1994-05-31
    ➕
    GREEN, Susan, Mrs. appointed
    secretary
  24. 1994-05-31
    ➕
    REID, Brian appointed
    nominee-secretary
  25. 1994-05-31
    ➖
    REID, Brian resigned
    nominee-secretary
  26. 1994-05-31
    ➕
    GREEN, James appointed
    director
  27. 1994-05-31
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  28. 1994-05-31
    ➖
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

90/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

88/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.
  • secondaryStable-but-static management: Company is 32 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

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
Mrs Diane Isobel Houston
Individual · British · DOB 09/1963 · age 63
25–50%
—25-50% shares09/06/2023
Mr. Kevin John Houston
Individual · British · DOB 07/1961 · age 65
25–50%
—25-50% shares06/04/2016
1 historic (ceased) PSC
  • Mrs. Susan Greenceased 31/07/2021· 25-50% shares

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 · Leisure & entertainment · KY postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AO ELITE LTD→
SC820777 · est 2024 · no financials extracted
————1y——
BE KIND LIVE C.I.C.→
SC666602 · est 2020 · no financials extracted
————5y——
CAPERCAILLIE TRAVEL LIMITED→
SC221866 · est 2001 · no financials extracted
————24y——
CEE CEE ENTERTAINMENTS (SCOTLAND) LTD→
SC738332 · est 2022 · no financials extracted
————3y——
DANCE-SING LTD→
SC532305 · est 2016 · no financials extracted
————10y——
ELEV8 MCCOLL FITNESS LTD→
SC841118 · est 2025 · no financials extracted
————1y——
EMPOWERED BY FITNESS LTD→
SC839299 · est 2025 · no financials extracted
————1y——
FIFE SCHOOL OF MUSIC LTD→
SC820558 · est 2024 · no financials extracted
————1y——
FIFE SWIM CENTRE LTD→
SC488656 · est 2014 · no financials extracted
————11y——
FKSDA LIMITED→
SC300448 · est 2006 · no financials extracted
————20y——
FLY SCOTLAND LIMITED→
SC826003 · est 2024 · no financials extracted
————1y——
FOOTBALL FUN FACTORY (COMMUNITY 105) LIMITED→
SC787617 · est 2023 · no financials extracted
————2y——
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
Incorporated1994-05-31
Jurisdictionscotland
Primary SIC90030 — Artistic creation

Registered office

Unit 26 Fife Food And Business Centre
Faraday Road
Glenrothes
Fife
KY6 2RU
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-14
Last: 2025-05-31

Officers (1 active · 5 resigned)

HOUSTON, Kevin John, Mr.→
director · ~65y · appointed 2012-04-01
View their other companies + combined net worth →
Active
GREEN, Susan, Mrs.→
secretary · appointed 1994-05-31 · resigned 2021-07-30
Resigned
REID, Brian→
nominee-secretary · appointed 1994-05-31 · resigned 1994-05-31
Resigned
GREEN, James→
director · ~77y · appointed 1994-05-31 · resigned 2012-03-21
Resigned
GREEN, Susan, Mrs.→
director · ~78y · appointed 1997-05-28 · resigned 2021-07-31
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1994-05-31 · resigned 1994-05-31
Resigned

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

Recent filings (90 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-06-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-05
termination-director-company-with-name-termination-date
officers · TM01
2022-07-04
termination-secretary-company-with-name-termination-date
officers · TM02
2022-07-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-01