FINE FUEL COMPANY LIMITED
💤Zombieactive
SC205355 · ltd · incorporated 2000-03-22
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
—
year to Apr 2025
Net worth
£1.27M
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Retail sale of automotive fuel in specialised stores
Sector: Wholesale & retail
Investor take
PursueAsset-holding vehicle with a 74-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 74). 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
3 live charges · 2 lenders · oldest 24.5y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 24.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
75 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £1,270,290
Cash YoY
+70%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£600k
↑ 70% YoY
Net Worth
£1.3m
↑ 8.0% YoY
Current Assets
£995k
↑ 11% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £1.28M | £1.18M |
| Current assets | £995.2k | £900.3k |
| Cash | £600.5k | £352.4k |
| Debtors | £350.0k | £518.0k |
| Net assets | £1.27M | £1.18M |
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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-06-05➖KHAN, Furah resignedsecretary
- 2024-06-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-06-11🔓Charge satisfied #1
- 2018-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-01-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2017-01-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-01-06🔓Charge satisfied #2
- 2016-10-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2016-10-22🔓Charge satisfied #3
- 2007-07-23🔒Charge registered #3Lender: Bp Oil UK Limited
- 2001-12-19🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2001-10-24🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2000-03-22🏢Company incorporatedAs FINE FUEL COMPANY LIMITED
- 2000-03-22➕KHAN, Nasim appointeddirector
- 2000-03-22➕KHAN, Furah appointedsecretary
- 2000-03-22➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2000-03-22➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2000-03-22➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2000-03-22➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
100/100
Critical — business is the founderThe 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.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
- 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nasim Khan Individual · British · DOB 02/1952 · age 74 | 50–75% | — | 50-75% shares | 01/01/2017 |
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 · Retail · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GOBLOOM LTD→ SC758535 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| GOODIE GOODS LTD→ SC754254 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| GOWANLEA GARDEN CENTRE LTD→ SC724728 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| GT OMEGA RACING LTD.→ SC363688 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| GUJJAR SONS LIMITED→ SC604602 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| HARRIS TWEED OBAN LTD→ SC667007 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| HARRIS TWEED SCOTLAND LTD→ SC667000 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| HEMIN MARKET LTD→ SC864440 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HM GALLERIA LTD→ SC799499 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| HOLMS (GREENOCK) LIMITED→ SC030605 · est 1955 · no financials extracted | — | — | — | — | 71y | — | — |
| HOMEWORLD MH LTD→ SC847947 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HOUSE ON MULL LTD→ SC723437 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2000-03-22
Jurisdictionscotland
Primary SIC47300 — Retail sale of automotive fuel in specialised stores
Registered office
115 Hawkhead Road
Paisley
Renfrewshire
PA2 7BE
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-06-20
Last: 2025-06-06
Officers (1 active · 3 resigned)
Active
KHAN, Furah→
Resignedsecretary · appointed 2000-03-22 · resigned 2024-06-05
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2000-03-22 · resigned 2000-03-22
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2000-03-22 · resigned 2000-03-22
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Bp Oil UK Bp Oil UK Limited | Standard security | 1 property | 23/07/2007 | 22/10/2016 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 19/12/2001 | 06/01/2017 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 24/10/2001 | 11/06/2018 |
Recent filings (75 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-06
termination-secretary-company-with-name-termination-date
officers · TM02
2024-06-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-25