FES RESOURCES LIMITED
💤Zombieactive
SC309742 · ltd · incorporated 2006-10-06
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
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 80/100. 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).
🏦
Refinance opportunity
1 live charge · oldest 10.5y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (59/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
11 officers (1 active, 11 linked, 6 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
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 (43 events)Click to expand
- 2025-09-24📄accounts-with-accounts-type-smallaccounts · AA
- 2025-08-08➖PEARCE, Glenn Sinclair resigneddirector
- 2025-08-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-22➖O'BRIEN, Kirsty resigneddirector
- 2024-11-22➕PEARCE, Glenn Sinclair appointeddirector
- 2024-09-18📄accounts-with-accounts-type-smallaccounts · AA
- 2024-01-10📄accounts-with-accounts-type-smallaccounts · AA
- 2023-04-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-31➕SMALL, Stewart William appointeddirector
- 2023-03-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-12-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-12-19📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-09-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-08-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-05-06📄auditors-resignation-companyauditors · AUD
- 2022-05-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-04-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-04-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-04-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-04-20📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-04-19➖THOMSON, Craig Alexander resignedsecretary
- 2022-04-19➖FLETCHER, Duncan Kirk resigneddirector
- 2022-04-19➖FLETCHER, Duncan Struthers resigneddirector
- 2022-04-19➖FLETCHER, Dylan resigneddirector
- 2022-04-19➕O'BRIEN, Kirsty appointeddirector
- 2021-12-16📄accounts-with-accounts-type-smallaccounts · AA
- 2020-12-13📄accounts-with-accounts-type-smallaccounts · AA
- 2015-10-29🔒Charge registered #1Lender: Equitix Ma Infrastructure Limited
- 2015-04-01➖JACK, Ronald Gilfillan resignedsecretary
- 2015-04-01➕THOMSON, Craig Alexander appointedsecretary
- 2014-06-12➕JACK, Ronald Gilfillan appointedsecretary
- 2014-06-12➖WALLS, Archibald Peter Menzies resignedsecretary
- 2006-10-06🏢Company incorporatedAs FES RESOURCES LIMITED
- 2006-10-06➕WALLS, Archibald Peter Menzies appointedsecretary
- 2006-10-06➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2006-10-06➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2006-10-06➕FLETCHER, Duncan Kirk appointeddirector
- 2006-10-06➕FLETCHER, Duncan Struthers appointeddirector
- 2006-10-06➕FLETCHER, Dylan appointeddirector
- 2006-10-06➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2006-10-06➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
75/100
High — earn-out structure requiredMaterial 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
55/100
Strong succession signalMultiple 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.
- secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Equitix Ma Infrastructure Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Equitix Ma Infrastructure Limited
Corporate parent · holds 75-100% shares · board control
⬇
FES RESOURCES LIMITED
This company · SC309742
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 |
|---|---|---|---|---|
Equitix Ma Infrastructure Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 05/05/2022 |
1 historic (ceased) PSC
- Forth Ppp Limitedceased 19/04/2022· 75-100% shares
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 · Construction · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A GILLESPIE JOINERY LIMITED→ SC682468 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A KIRSON BUILDING & ROOFING SERVICES LIMITED→ SC363999 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| A.C.W SERVICES LTD.→ SC589806 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| A.D.B. PROPERTY MAINTENANCE LTD.→ SC292511 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| A&F (SCOT) LTD→ SC515866 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AC2 SIGNALLING LTD→ SC699299 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACCENT DOORS AND WINDOWS SCOTLAND LTD→ SC767695 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACS ALLTRADES LTD→ SC870606 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVANCE STRUCTURES LIMITED→ SC609601 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AGD BONNYTON LTD→ SC850405 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGE CONTRACTS LTD→ SC600013 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AGLOW HEATING & GAS SERVICES LTD→ SC786897 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2006-10-06
Jurisdictionscotland
Primary SIC43210 — Electrical installation
Registered office
Avondale House Suites 1l - 1p
Strathclyde Business Park
Bellshill
ML4 3NJ
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-20
Last: 2025-10-06
Officers (1 active · 10 resigned)
SMALL, Stewart William→
Activedirector · ~51y · appointed 2023-03-31
View their other companies + combined net worth →
JACK, Ronald Gilfillan→
Resignedsecretary · appointed 2014-06-12 · resigned 2015-04-01
THOMSON, Craig Alexander→
Resignedsecretary · appointed 2015-04-01 · resigned 2022-04-19
WALLS, Archibald Peter Menzies→
Resignedsecretary · appointed 2006-10-06 · resigned 2014-06-12
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2006-10-06 · resigned 2006-10-06
FLETCHER, Duncan Kirk→
Resigneddirector · ~59y · appointed 2006-10-06 · resigned 2022-04-19
FLETCHER, Duncan Struthers→
Resigneddirector · ~84y · appointed 2006-10-06 · resigned 2022-04-19
FLETCHER, Dylan→
Resigneddirector · ~55y · appointed 2006-10-06 · resigned 2022-04-19
O'BRIEN, Kirsty→
Resigneddirector · ~44y · appointed 2022-04-19 · resigned 2024-11-22
PEARCE, Glenn Sinclair→
Resigneddirector · ~54y · appointed 2024-11-22 · resigned 2025-08-08
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2006-10-06 · resigned 2006-10-06
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Equitix Ma Infrastructure Equitix Ma Infrastructure Limited | A registered charge | — | 29/10/2015 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (72 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-small
accounts · AA
2025-09-24
termination-director-company-with-name-termination-date
officers · TM01
2025-08-08
termination-director-company-with-name-termination-date
officers · TM01
2024-12-20
appoint-person-director-company-with-name-date
officers · AP01
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-18
accounts-with-accounts-type-small
accounts · AA
2024-09-18
accounts-with-accounts-type-small
accounts · AA
2024-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-09
appoint-person-director-company-with-name-date
officers · AP01
2023-04-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-03-10
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-12-19
change-account-reference-date-company-current-extended
accounts · AA01
2022-12-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-02