FALCONERS FAMILY BUTCHERS LIMITED

💤Zombieactive
SC202873 · ltd · incorporated 2000-01-05
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
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Turnover
year to Jan 2025
Net worth
£179.9k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 10130
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -98% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 19.5y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 19.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (76/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 1 with DOB)
74
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £179,878
Net assets shrinking
Down £28,555 YoY
Cash draining
Cash down 98% YoY
Cash YoY
-98%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£558
↓ 98% YoY
Net Worth
£180k
↓ 14% YoY
Current Assets
£17k
↓ 58% YoY
Current Liabilities
£0£42k£83k£125k£167k£208kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£212.8k£239.2k
Current assets£17.3k£41.6k
Cash£558£23.1k
Debtors£10.4k£9.3k
Net assets£179.9k£208.4k

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

🔒Filing-note intelligence

1 signal 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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-04-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2021-04-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2021-02-05
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  9. 2021-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-02-05
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  12. 2018-11-02
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2018-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-10-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-11-02
    FALCONER, Tracey resigned
    secretary
  17. 2006-10-16
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  18. 2002-03-11
    FALCONER, Tracey appointed
    secretary
  19. 2002-03-11
    KAY, Steven Cameron resigned
    secretary
  20. 2000-01-05
    🏢
    Company incorporated
    As FALCONERS FAMILY BUTCHERS LIMITED
  21. 2000-01-05
    FALCONER, Kenneth appointed
    director
  22. 2000-01-05
    KAY, Steven Cameron appointed
    secretary
  23. 2000-01-05
    FIRST SCOTTISH SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  24. 2000-01-05
    FIRST SCOTTISH SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  25. 2000-01-05
    FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointed
    corporate-nominee-director
  26. 2000-01-05
    FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
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 name in company name: Company name contains director surname "FALCONER" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

95/100
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.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 26 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Kenneth Falconer
Individual · Scottish · DOB 08/1961 · age 65
75100%
75-100% shares05/01/2017

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

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
Incorporated2000-01-05
Jurisdictionscotland
Primary SIC10130 — SIC 10130

Registered office

193 High Street
Arbroath
Angus
DD11 1DY

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-19
Last: 2026-01-05

Officers (1 active · 4 resigned)

FALCONER, Kenneth
director · ~65y · appointed 2000-01-05
View their other companies + combined net worth →
Active
FALCONER, Tracey
secretary · appointed 2002-03-11 · resigned 2015-11-02
Resigned
KAY, Steven Cameron
secretary · appointed 2000-01-05 · resigned 2002-03-11
Resigned
FIRST SCOTTISH SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2000-01-05 · resigned 2000-01-05
Resigned
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED
corporate-nominee-director · appointed 2000-01-05 · resigned 2000-01-05
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property16/10/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (69 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-16
gazette-filings-brought-up-to-date
gazette · DISS40
2021-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-21
gazette-notice-compulsory
gazette · GAZ1
2021-04-20
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2021-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-29