FQC PROPERTY DEVELOPMENT LIMITED

💤Zombieactive
SC232631 · ltd · incorporated 2002-06-12
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 Oct 2024
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (1 active, 7 linked, 4 with DOB)
81
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
84 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-31
Average employees1

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

🔒Filing-note intelligence

3 signals 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
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-09-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-09-27
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2024-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-09-26
    📄
    administrative-restoration-company
    restoration · RT01
  9. 2021-12-14
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  10. 2021-09-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2020-10-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-07-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2018-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-12-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2017-12-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2017-11-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  17. 2017-10-17
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  18. 2015-03-01
    LAM, Wai Nang resigned
    director
  19. 2013-09-04
    WANG, Xiaoqin appointed
    director
  20. 2013-09-04
    CAMERON, William Porter resigned
    director
  21. 2013-09-04
    FRASER, Stanley Thomson resigned
    director
  22. 2013-09-04
    LAM, Wai Nang appointed
    director
  23. 2009-03-16
    CHARLOTTE SECRETARIES LIMITED resigned
    corporate-secretary
  24. 2006-05-26
    CHARLOTTE SECRETARIES LIMITED appointed
    corporate-secretary
  25. 2006-03-31
    LEDINGHAM CHALMERS resigned
    corporate-nominee-secretary
  26. 2002-08-15
    CAMERON, William Porter appointed
    director
  27. 2002-08-15
    FRASER, Stanley Thomson appointed
    director
  28. 2002-08-15
    LEDGE SERVICES LIMITED resigned
    corporate-nominee-director
  29. 2002-06-12
    🏢
    Company incorporated
    As FQC PROPERTY DEVELOPMENT LIMITED
  30. 2002-06-12
    LEDINGHAM CHALMERS appointed
    corporate-nominee-secretary
  31. 2002-06-12
    LEDGE SERVICES LIMITED appointed
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 years.
  • 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Mfw Property Development Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Mfw Property Development Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
FQC PROPERTY DEVELOPMENT LIMITED
This company · SC232631

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%
NameSharesVoting rightsNature of controlNotified
Mfw Property Development Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2002-06-12
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Johnstone House
Rose Street
Aberdeen
AB10 1HA

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-06-26
Last: 2025-06-12

Officers (1 active · 6 resigned)

WANG, Xiaoqin
director · ~45y · appointed 2013-09-04
View their other companies + combined net worth →
Active
CHARLOTTE SECRETARIES LIMITED
corporate-secretary · appointed 2006-05-26 · resigned 2009-03-16
Resigned
LEDINGHAM CHALMERS
corporate-nominee-secretary · appointed 2002-06-12 · resigned 2006-03-31
Resigned
CAMERON, William Porter
director · ~87y · appointed 2002-08-15 · resigned 2013-09-04
Resigned
FRASER, Stanley Thomson
director · ~79y · appointed 2002-08-15 · resigned 2013-09-04
Resigned
LAM, Wai Nang
director · ~64y · appointed 2013-09-04 · resigned 2015-03-01
Resigned
LEDGE SERVICES LIMITED
corporate-nominee-director · appointed 2002-06-12 · resigned 2002-08-15
Resigned

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

Recent filings (84 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-12
change-person-director-company-with-change-date
officers · CH01
2024-10-15
resolution
resolution · RESOLUTIONS
2024-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-26
administrative-restoration-company
restoration · RT01
2024-09-26
gazette-dissolved-compulsory
gazette · GAZ2
2021-12-14
gazette-notice-compulsory
gazette · GAZ1
2021-09-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-22