RAY'S FAST FOODS LTD.

💤Zombieactive

SC222383 · ltd · incorporated 2001-08-21

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Aug 2024

Net worth

£28.4k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Take-away food shops and mobile food stands

Sector: Accommodation & food service

Investor take

Pursue

Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). 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 (75/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

58 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £28,351

Net assets shrinking

Down £1,487 YoY

Cash YoY

+7%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£38k

↑ 6.6% YoY

Net Worth

£28k

↓ 5.0% YoY

Current Assets

£43k

↑ 1.3% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-08-31	2023-08-31
Total assets	£28.7k	£30.6k
Current assets	£43.3k	£42.8k
Cash	£37.8k	£35.4k
Debtors	£2.2k	£3.9k
Net assets	£28.4k	£29.8k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2025-05-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-05-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-02-24
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-09-01
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-05-14
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-09-03
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-02-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2013-09-03
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2001-08-23
➕
RUNCIE, Jill appointed
secretary
2001-08-23
➕
BROWN, Raymond appointed
director
2001-08-23
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2001-08-23
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director
2001-08-21
🏢
Company incorporated
As RAY'S FAST FOODS LTD.
2001-08-21
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2001-08-21
➕
STEPHEN MABBOTT LTD. appointed
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.
+Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

100/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 71 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 25 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 25 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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Raymond Brown Individual · British · DOB 04/1955 · age 71	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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BRUDOLFF HOTELS LIMITED→ SC094745 · est 1985	£28.9k £21.6k–£36.1k	—	—	91	40y	94	71y
BALMEDIE FISH & CHIP SHOP LIMITED→ SC239883 · est 2002	—	—	£66.7k	—	23y	83	61y
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ABERDEEN COMPOSITE COMPANY (1248) LIMITED→ SC246599 · est 2003	—	—	£7.6k	—	23y	82	74y
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BRIAN MURRAY CATERING SERVICES LIMITED→ SC190064 · est 1998	—	—	£293.1k	—	27y	82	67y
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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

Incorporated2001-08-21

Jurisdictionscotland

Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

95a Hayton Road

Aberdeen

AB24 2RN

Filing status

Accounts

Next due: 2026-05-31

Last made up to: 2024-08-31

Confirmation statement

Next due: 2026-09-05

Last: 2025-08-22

Officers (2 active · 2 resigned)

RUNCIE, Jill→

secretary · appointed 2001-08-23

View their other companies + combined net worth →

Active

BROWN, Raymond→

director · ~71y · appointed 2001-08-23

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2001-08-21 · resigned 2001-08-23

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2001-08-21 · resigned 2001-08-23

Resigned

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