FIFE SEAT LIMITED

💤Zombieactive
SC331707 · ltd · incorporated 2007-10-02
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
—
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Turnover
—
year to Jun 2025
Net worth
£26.8k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45112SIC 45112
  • 45200SIC 45200
  • 45320Retail trade of motor vehicle parts and accessories
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and acceptable with review structure.

Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 18.3y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 18.3 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (71/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £26,763

Key financials

1 year extracted from filed iXBRL accounts
Cash
£1k
Net Worth
£27k
Current Assets
£3.4m
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-30
Total assets£69.7k
Current assets£3.35M
Cash£1.5k
Debtors£570.6k
Net assets£26.8k

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
1
filing
  • • 1 accounts
Last 90 days
2
filings
  • • 2 accounts
Last 180 days
2
filings
  • • 2 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2026-03-24
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  3. 2025-01-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2023-11-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2022-10-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2022-03-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2021-05-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2021-02-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2021-02-19
    🔓
    Charge satisfied #1
  10. 2020-02-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2019-01-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2018-02-15
    📄
    capital-allotment-shares
    capital · SH01
  13. 2018-02-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2018-01-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2017-03-21
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  16. 2017-03-21
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  17. 2017-01-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2012-01-01
    ➕
    MCGUIRE, Mary-Jane appointed
    secretary
  19. 2011-06-03
    ➖
    GRAHAM, Steven resigned
    secretary
  20. 2011-06-03
    ➖
    GRAHAM, Steven resigned
    director
  21. 2009-07-09
    🔒
    Charge registered #3
    Lender: Volkswagon Bank Gmbh
  22. 2008-01-20
    🔒
    Charge registered #2
    Lender: Volkswagen Financial Services (UK) Limited
  23. 2008-01-15
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  24. 2007-11-21
    ➕
    MCKENNA, Mark appointed
    director
  25. 2007-11-21
    ➕
    GRAHAM, Steven appointed
    secretary
  26. 2007-11-21
    ➖
    BRODIES SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  27. 2007-11-21
    ➕
    GRAHAM, Steven appointed
    director
  28. 2007-11-21
    ➖
    ATHOLL INCORPORATIONS LIMITED resigned
    corporate-director
  29. 2007-10-02
    🏢
    Company incorporated
    As FIFE SEAT LIMITED
  30. 2007-10-02
    ➕
    BRODIES SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  31. 2007-10-02
    ➕
    ATHOLL INCORPORATIONS LIMITED appointed
    corporate-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 18 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

78/100
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 59. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 19 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%
NameSharesVoting rightsNature of controlNotified
Mr Mark Mckenna
Individual · British · DOB 02/1967 · age 59
75–100%
—75-100% shares06/04/2016

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
Incorporated2007-10-02
Jurisdictionscotland
Primary SIC45111 — Sale of new cars and light motor vehicles

Registered office

Fife Seat
Millie Street
Kirkcaldy
KY1 2NL
Scotland

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-10-16
Last: 2025-10-02

Officers (2 active · 4 resigned)

MCGUIRE, Mary-Jane→
secretary · appointed 2012-01-01
View their other companies + combined net worth →
Active
MCKENNA, Mark→
director · ~59y · appointed 2007-11-21
View their other companies + combined net worth →
Active
GRAHAM, Steven→
secretary · appointed 2007-11-21 · resigned 2011-06-03
Resigned
BRODIES SECRETARIAL SERVICES LIMITED→
corporate-secretary · appointed 2007-10-02 · resigned 2007-11-21
Resigned
GRAHAM, Steven→
director · ~57y · appointed 2007-11-21 · resigned 2011-06-03
Resigned
ATHOLL INCORPORATIONS LIMITED→
corporate-director · appointed 2007-10-02 · resigned 2007-11-21
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Volkswagon Bank Gmbh
Bond & floating charge1 property09/07/2009—
outstanding
Volkswagen Financial Services (UK)
Volkswagen Financial Services (UK) Limited
Bond & floating charge1 property20/01/2008—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property15/01/200819/02/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (70 total)

accounts-with-accounts-type-small
accounts · AA
2026-03-30
change-account-reference-date-company-current-extended
accounts · AA01
2026-03-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-03
accounts-with-accounts-type-small
accounts · AA
2025-01-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-08
accounts-with-accounts-type-small
accounts · AA
2023-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-13
accounts-with-accounts-type-small
accounts · AA
2022-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-03
accounts-with-accounts-type-small
accounts · AA
2022-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-13
accounts-with-accounts-type-small
accounts · AA
2021-05-05
mortgage-satisfy-charge-full
mortgage · MR04
2021-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-05
accounts-with-accounts-type-small
accounts · AA
2020-02-28