FM COMPONENTS LTD

💤Zombieactive
SC627879 · ltd · incorporated 2019-04-17
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 Apr 2025
Net worth
£159.8k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (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.

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £159,809

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£160k
↑ 3.9% YoY
Current Assets
£93k
↑ 17% YoY
Current Liabilities
£0£32k£64k£96k£128k£160kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-04-302024-04-30
Total assets£159.8k£153.8k
Current assets£92.8k£79.1k
Net assets£159.8k£153.8k

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

🔒Filing-note intelligence

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

Last 30 days
2
filings
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Last 90 days
3
filings
  • 1 confirmation-statement
  • 1 persons-with-significant-control
  • 1 officers
Last 180 days
7
filings
  • 2 capital
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-04-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-01-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-01-16
    📄
    capital-cancellation-shares
    capital · SH06
  4. 2026-01-16
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2026-01-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2025-12-15
    📄
    capital-return-purchase-own-shares
    capital · SH03
  7. 2025-10-31
    FAIRBAIRN, Paul resigned
    director
  8. 2025-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2024-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-10-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-03-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-07-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2019-04-17
    🏢
    Company incorporated
    As FM COMPONENTS LTD
  15. 2019-04-17
    MCQUISTON, Scott Thomas appointed
    director
  16. 2019-04-17
    FAIRBAIRN, Paul appointed
    director
  17. 2019-04-17
    📄
    incorporation-company
    incorporation · NEWINC

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

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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
NameSharesVoting rightsNature of controlNotified
Mr Scott Thomas Mcquiston
Individual · British · DOB 02/1990 · age 36
2550%
25-50% shares17/04/2019
1 historic (ceased) PSC
  • Mr Paul Fairbairnceased 31/10/2025· 25-50% shares

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

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
Incorporated2019-04-17
Jurisdictionscotland
Primary SIC25990 — SIC 25990

Registered office

5 Ladywell Avenue
Grangestone Industrial Estate
Girvan
KA26 9PF
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-29
Last: 2026-04-15

Officers (1 active · 1 resigned)

MCQUISTON, Scott Thomas
director · ~36y · appointed 2019-04-17
View their other companies + combined net worth →
Active
FAIRBAIRN, Paul
director · ~54y · appointed 2019-04-17 · resigned 2025-10-31
Resigned

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

Recent filings (20 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-15
termination-director-company-with-name-termination-date
officers · TM01
2026-01-26
capital-cancellation-shares
capital · SH06
2026-01-16
resolution
resolution · RESOLUTIONS
2026-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-15
capital-return-purchase-own-shares
capital · SH03
2025-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-19
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-28