It merely means that the rifle has been through Fultons' shop, and does not imply any particular specification or work.
On a No1 or No4 target rifle it can mean that they ensured the action was correctly bedded, and/or used selected components to reduce tolerances to a minimum, and/or fitted a selected or improved barrel, etc.
It can also mean they charged someone to "improve" their rifle, but in fact left the rifle on the rack for a week or two before handing it back... (as told to me by a veteran of the Trade....).