FNC (ABERDEEN) LIMITED
⚰️Wound downdissolved
SC228599 · ltd · incorporated 2002-02-28
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 22.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
62/100
Worth a look
What this business does
Primary activity: Other retail sale of food in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 62/100 (worth a look), bankability 80/100. Strong seller-intent signal (88/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
7 live charges · 2 lenders · oldest 22.7y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 22.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (58/100)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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 gazette
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2026-01-06📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2026-01-06🏁Company dissolved
- 2025-10-21📄gazette-notice-voluntarygazette · GAZ1(A)
- 2025-10-13📄dissolution-application-strike-off-companydissolution · DS01
- 2024-11-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-12-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-10📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2022-03-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-09🔓Charge satisfied #7
- 2022-03-09🔓Charge satisfied #6
- 2022-03-09🔓Charge satisfied #5
- 2022-03-09🔓Charge satisfied #4
- 2022-03-09🔓Charge satisfied #3
- 2022-03-09🔓Charge satisfied #2
- 2021-11-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2020-12-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-11-30🔓Charge satisfied #1
- 2020-01-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2008-08-11🔒Charge registered #7Lender: Royal Bank of Scotland PLC
- 2007-03-06🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
- 2007-01-08🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2005-07-07🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2005-03-23🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2003-12-11🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2003-08-18🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2002-06-17➕DEVINE, Stuart appointeddirector
- 2002-06-17➕LOW, John appointeddirector
- 2002-06-17➖PETERKINS SERVICES LIMITED resignedcorporate-nominee-director
- 2002-02-28🏢Company incorporatedAs FNC (ABERDEEN) LIMITED
- 2002-02-28➕PETERKINS, SOLICITORS appointedcorporate-nominee-secretary
- 2002-02-28➕PETERKINS SERVICES LIMITED appointedcorporate-nominee-director
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2026-01-06
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
The Ashvale Fish Restaurant Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
The Ashvale Fish Restaurant Limited
Corporate parent · holds 75-100% shares · board control
⬇
FNC (ABERDEEN) LIMITED
This company · SC228599
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
The Ashvale Fish Restaurant Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 09/12/2020 |
1 historic (ceased) PSC
- Mr Stuart Devineceased 09/12/2020· 75-100% shares · 75-100% voting
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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ATHLETE LIMITED→ SC590022 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AURORA BIKE COMPS LIMITED→ SC852585 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BALTYK DELICATESSEN STORE LTD→ SC858450 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BAST CRYSTALS LTD→ SC736537 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BELLGRAY LTD→ SC840098 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BELTIE ENTERPRISES LTD→ SC756290 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BEN DURACK DESIGN LTD→ SC686885 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BEST UK STORE LTD→ SC875874 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BIZZWHIZ LIMITED→ SC824246 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BLUE TOON THE SUN FACTORY LTD→ SC728883 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BOARDERLINE LIMITED→ SC233813 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| BOOZY VENTURES LIMITED→ SC656008 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
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
Statusdissolved
Typeltd
Incorporated2002-02-28
Jurisdictionscotland
Primary SIC47290 — Other retail sale of food in specialised stores
Registered office
100 Union Street
Aberdeen
AB10 1QR
Filing status
Accounts
Next due: —
Last made up to: 2024-04-30
Confirmation statement
Next due: —
Last: 2025-02-28
Officers (0 active · 1 resigned)
PETERKINS, SOLICITORS→
Activecorporate-nominee-secretary · appointed 2002-02-28
View their other companies + combined net worth →
DEVINE, Stuart→
Activedirector · ~56y · appointed 2002-06-17
View their other companies + combined net worth →
Active
PETERKINS SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2002-02-28 · resigned 2002-06-17
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
0
Outstanding
0
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 11/08/2008 | 09/03/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 06/03/2007 | 09/03/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 08/01/2007 | 09/03/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 07/07/2005 | 09/03/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 23/03/2005 | 09/03/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 11/12/2003 | 09/03/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 18/08/2003 | 30/11/2020 |
Recent filings (90 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2026-01-06
gazette-notice-voluntary
gazette · GAZ1(A)
2025-10-21
dissolution-application-strike-off-company
dissolution · DS01
2025-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-dormant
accounts · AA
2024-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-29
accounts-with-accounts-type-dormant
accounts · AA
2023-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-19
change-account-reference-date-company-previous-extended
accounts · AA01
2022-08-10
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-09
mortgage-satisfy-charge-full
mortgage · MR04
2022-03-09
mortgage-satisfy-charge-full
mortgage · MR04
2022-03-09
mortgage-satisfy-charge-full
mortgage · MR04
2022-03-09
mortgage-satisfy-charge-full
mortgage · MR04
2022-03-09