FETTLE&FLORA LTD

🌿Early-stageactive
SC770978 · ltd · incorporated 2023-05-30
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£3.8k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: SIC 10831
Sector: Manufacturing
ALSO REGISTERED FOR
  • 11070SIC 11070
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 73/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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, 2 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 (2 active, 2 linked, 2 with DOB)
90
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
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £3,802
Net assets shrinking
Down £3,126 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£4k
↓ 45% YoY
Current Assets
£6k
Current Liabilities
£0£1k£3k£4k£6k£7kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£3.8k£1
Current assets£6.3k
Net assets£3.8k£6.9k

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2026-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-09-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-02-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-09-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2024-09-13
    KILGOUR, Victoria Ann appointed
    director
  6. 2024-04-30
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  7. 2023-05-30
    🏢
    Company incorporated
    As FETTLE&FLORA LTD
  8. 2023-05-30
    KILGOUR, Mungo appointed
    director
  9. 2023-05-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

79/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 2.9 years old — management layer unlikely to be developed.

Red flags

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-04-30: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Mungo Kilgour
Individual · British · DOB 06/1995 · age 31
75100%
75–100%board control75-100% shares · 75-100% voting · board control30/05/2023

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.

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Company details

Statusactive
Typeltd
Incorporated2023-05-30
Jurisdictionscotland
Primary SIC10831 — SIC 10831

Registered office

Gable Cottage High Street
Aberlady
Longniddry
EH32 0RB
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-12
Last: 2025-05-29

Officers (2 active · 0 resigned)

KILGOUR, Mungo
director · ~31y · appointed 2023-05-30
View their other companies + combined net worth →
Active
KILGOUR, Victoria Ann
director · ~62y · appointed 2024-09-13
View their other companies + combined net worth →
Active

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

Recent filings (8 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-07
appoint-person-director-company-with-name-date
officers · AP01
2024-09-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-02
certificate-change-of-name-company
change-of-name · CERTNM
2024-04-30
incorporation-company
incorporation · NEWINC
2023-05-30