FISCAL INSTRUMENTATION LTD.

⚰️Wound downliquidation
SC297923 · ltd · incorporated 2006-02-28
Investment thesis
Company liquidation — 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 17.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
58/100
Worth a look
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What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 58/100 (worth a look), bankability 60/100. Strong seller-intent signal (65/100, director aged 61). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company in liquidation. Company is actively being wound up. Not a going concern. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 17.5y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 17.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (76/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 2 with DOB)
76
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
80 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Average employees200200

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

Recent activity

Last 30 days
0
filings
Last 90 days
3
filings
  • • 1 address
  • • 1 resolution
  • • 1 confirmation-statement
Last 180 days
4
filings
  • • 1 address
  • • 1 resolution
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-04-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-04-01
    📄
    resolution
    resolution · RESOLUTIONS
  3. 2025-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-01-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-03-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2021-11-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-03-16
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  10. 2021-03-16
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2021-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-01-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-01-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2020-01-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2020-01-09
    📄
    capital-cancellation-shares
    capital · SH06
  16. 2019-04-08
    ➕
    BLACKADDERS LLP appointed
    corporate-secretary
  17. 2019-04-08
    ➖
    PLENDERLEATH RUNCIE LLP resigned
    corporate-secretary
  18. 2019-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-07-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2016-02-29
    ➖
    MILES, Susan Ruth resigned
    secretary
  21. 2016-02-29
    ➕
    PLENDERLEATH RUNCIE LLP appointed
    corporate-secretary
  22. 2016-02-29
    ➖
    MILES, Graham resigned
    director
  23. 2014-02-04
    🔓
    Charge satisfied #1
  24. 2008-11-12
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  25. 2006-02-28
    🏢
    Company incorporated
    As FISCAL INSTRUMENTATION LTD.
  26. 2006-02-28
    ➕
    HAIGH, Brian appointed
    director
  27. 2006-02-28
    ➕
    MILES, Susan Ruth appointed
    secretary
  28. 2006-02-28
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  29. 2006-02-28
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  30. 2006-02-28
    ➕
    MILES, Graham appointed
    director
  31. 2006-02-28
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  32. 2006-02-28
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

93/100
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 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 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 ·
Company in liquidation
high

Company is actively being wound up. Not a going concern.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Brian Haigh
Individual · British · DOB 03/1965 · age 61
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016
1 historic (ceased) PSC
  • Mrs Catherine Haighceased 22/11/2019· 25-50% shares · 25-50% voting

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

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

9 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

Statusliquidation
Typeltd
Incorporated2006-02-28
Jurisdictionscotland
Primary SIC09100 — SIC 09100

Registered office

12 Carden Place
Aberdeen
Aberdeenshire
AB10 1UR

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28

Officers (2 active · 5 resigned)

BLACKADDERS LLP→
corporate-secretary · appointed 2019-04-08
View their other companies + combined net worth →
Active
HAIGH, Brian→
director · ~61y · appointed 2006-02-28
View their other companies + combined net worth →
Active
MILES, Susan Ruth→
secretary · appointed 2006-02-28 · resigned 2016-02-29
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2006-02-28 · resigned 2006-02-28
Resigned
PLENDERLEATH RUNCIE LLP→
corporate-secretary · appointed 2016-02-29 · resigned 2019-04-08
Resigned
MILES, Graham→
director · ~65y · appointed 2006-02-28 · resigned 2016-02-29
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2006-02-28 · resigned 2006-02-28
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank PLC
Floating charge1 property12/11/200804/02/2014

Recent filings (80 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-13
resolution
resolution · RESOLUTIONS
2026-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-16
appoint-corporate-secretary-company-with-name-date
officers · AP04
2021-03-16