FIFE SWIM CENTRE LTD
Opportunity 73/100 (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 (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £178.7k | £94.4k |
| Current assets | £171.7k | £114.9k |
| Cash | £25.7k | £29.2k |
| Debtors | £146.0k | £85.7k |
| Net assets | £154.2k | £94.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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
- • 1 accounts
- • 1 miscellaneous
- • 3 accounts
- • 1 miscellaneous
Corporate timeline (21 events)Click to expand
- 2026-03-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-01-30📄legacymiscellaneous · ANNOTATION
- 2025-12-05📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2025-11-06📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2025-10-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-06-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-06-22📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-05-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-10-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-16📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2020-07-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-06-08📄change-person-director-company-with-change-dateofficers · CH01
- 2020-05-22📄resolutionresolution · RESOLUTIONS
- 2020-05-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2014-10-10🏢Company incorporatedAs FIFE SWIM CENTRE LTD
- 2014-10-10➕CURRIE, Gillian appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Gillian Currie Individual · Scottish · DOB 05/1979 · age 47 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 03/10/2016 |
1 historic (ceased) PSC
- Mr Seán Dolan-Osborneceased 23/06/2021· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.