FM HOMES LIMITED
⚰️Wound downdissolved
SC207475 · ltd · incorporated 2000-05-25
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
46/100
Watch
What this business does
Primary activity: SIC 7011
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 46/100 (watch), bankability 32/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
12 live charges · 4 lenders · oldest 25.5y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 25.5 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 70/100 (specialist).
Data confidence
Overall: low (52/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 3 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
27 connected companies via shared directors
90
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
46/100Watch
PassWatchWorth a lookStrongExceptional
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
38
Multiple red flags — proceed with caution.
Signal strength
100
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 (52 events)Click to expand
- 2013-06-25⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2013-06-25🏁Company dissolved
- 2013-03-25⚠️liquidation-in-administration-move-to-dissolution-scotlandinsolvency · 2.26B(Scot)
- 2012-09-24⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2012-08-14⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2012-03-21⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2011-09-15⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2011-08-24⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2011-03-30⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2010-09-22⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2010-08-25⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2010-04-09⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2010-02-22⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2009-10-07⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2009-09-08📍legacyaddress · 287
- 2009-04-22⚠️liquidation-in-administration-proposals-scotlandinsolvency · 2.16B(Scot)
- 2009-04-16⚠️liquidation-miscellaneousinsolvency · LIQ MISC
- 2009-03-09📍legacyaddress · 287
- 2009-03-09⚠️liquidation-in-administration-appointment-of-administrator-scotlandinsolvency · 2.11B(Scot)
- 2008-07-02📄accounts-with-accounts-type-fullaccounts · AA
- 2008-06-10📄legacyannual-return · 363a
- 2008-03-11📄legacymortgage · 410(Scot)
- 2008-03-10🔒Charge registered #13Lender: Bank of Scotland PLC
- 2008-02-12📄legacymortgage · 410(Scot)
- 2008-01-30📄legacymortgage · 410(Scot)
- 2008-01-24🔒Charge registered #12Lender: Forth Property Developments Limited
- 2008-01-24🔒Charge registered #11Lender: Bank of Scotland PLC
- 2007-12-18📄mortgage-alter-floating-chargemortgage · 466(Scot)
- 2007-06-27📄legacyannual-return · 363s
- 2007-01-19🔒Charge registered #10Lender: Forth Property Developments Limited
- 2007-01-19🔒Charge registered #9Lender: The Governor and Company of the Bank of Scotland
- 2003-07-04🔒Charge registered #8Lender: The Governor and Company of the Bank of Scotland
- 2003-07-02🔓Charge satisfied #6
- 2003-07-02🔓Charge satisfied #5
- 2003-07-02🔓Charge satisfied #4
- 2003-07-02🔓Charge satisfied #3
- 2003-07-02🔓Charge satisfied #1
- 2003-06-23🔒Charge registered #7Lender: The Governor and Company of the Bank of Scotland
- 2003-04-01🔒Charge registered #6Lender: Clydesdale Bank Public Limited Company
- 2003-02-26🔒Charge registered #5Lender: Clydesdale Bank Public Limited Company
- 2003-02-26🔒Charge registered #4Lender: Clydesdale Bank Public Limited Company
- 2000-11-02🔒Charge registered #3Lender: Clydesdale Bank Public Limited Company
- 2000-10-23🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 2000-06-02➕MILNE, Jonathon Alexander appointedsecretary
- 2000-06-02➕FORBES, John Inglis appointeddirector
- 2000-06-02➕MILNE, John Todd appointeddirector
- 2000-06-02➕MILNE, Jonathon Alexander appointeddirector
- 2000-06-02➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2000-06-02➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
- 2000-05-25🏢Company incorporatedAs FM HOMES LIMITED
Showing most recent 50 of 52 events
Owner dependency
83/100
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
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 81 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
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 81 years old. Natural succession window is now.
- 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
2 high · 1 med · 1 lowCompany dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2013-06-25
16 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2013-06-25: gazette-dissolved-liquidation; 2013-03-25: liquidation-in-administration-move-to-dissolution-scotland
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
🔒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 · Professional services · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AD SOUND & LIGHTING LTD→ SC740037 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AD-VETERPRISES LTD→ SC581517 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADEL CONSULT LTD→ SC493384 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ADENGREEN LIMITED→ SC441012 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ADERINTO & CO FINANCIAL SERVICES LTD→ SC311326 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ADKV CONSULTING LTD→ SC833383 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADREM CONSULTING LIMITED→ SC186578 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| ADS PROJECT CONTROLS LTD→ SC461154 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ADVANCED ASSET CONSULTANTS LIMITED→ SC362302 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ADVANCED NDT SOLUTIONS LIMITED→ SC733773 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADVANTAGE ACCOUNTING (SCOTLAND) LIMITED→ SC355723 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| ADVANTAGE SQUARED LTD→ SC613322 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Statusdissolved
Typeltd
Incorporated2000-05-25
Jurisdictionscotland
Primary SIC7011 — SIC 7011
Registered office
C/O Zolfo Cooper Cornerstone
107 West Regent Street
Glasgow
G2 2BA
Filing status
Accounts
Next due: —
Last made up to: 2007-08-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 2 resigned)
MILNE, Jonathon Alexander→
Activesecretary · appointed 2000-06-02
View their other companies + combined net worth →
FORBES, John Inglis→
Activedirector · ~79y · appointed 2000-06-02
View their other companies + combined net worth →
MILNE, John Todd→
Activedirector · ~81y · appointed 2000-06-02
View their other companies + combined net worth →
MILNE, Jonathon Alexander→
Activedirector · ~56y · appointed 2000-06-02
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2000-05-25 · resigned 2000-06-02
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2000-05-25 · resigned 2000-06-02
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
7
Outstanding
2
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 10/03/2008 | — | |
| outstanding | Forth Property Developments Forth Property Developments Limited | Standard security | 1 property | 24/01/2008 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 24/01/2008 | — | |
| outstanding | Forth Property Developments Forth Property Developments Limited | Standard security | 1 property | 19/01/2007 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 19/01/2007 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Commercial property standard security | 1 property | 04/07/2003 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 23/06/2003 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 01/04/2003 | 02/07/2003 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 26/02/2003 | 02/07/2003 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 26/02/2003 | 02/07/2003 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 02/11/2000 | 02/07/2003 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 23/10/2000 | 02/07/2003 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (70 total)
gazette-dissolved-liquidation
gazette · GAZ2
2013-06-25
liquidation-in-administration-move-to-dissolution-scotland
insolvency · 2.26B(Scot)
2013-03-25
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2012-09-24
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2012-08-14
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2012-03-21
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2011-09-15
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2011-08-24
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2011-03-30
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2010-09-22
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2010-08-25
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2010-04-09
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2010-02-22
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2009-10-07
legacy
address · 287
2009-09-08
liquidation-in-administration-proposals-scotland
insolvency · 2.16B(Scot)
2009-04-22