We present a comprehensive investigation of the evolution of helimagnetic correlations in Mn$_{1-x}$Fe$_x$Si with increasing doping. By combining polarised neutron scattering and high resolution Neutron Spin Echo spectroscopy we investigate three samples with $x$=0.09, 0.11 and 0.14, i.e. with compositions on both sides of the concentration $x^* sim 0.11$ where the helimagnetic Bragg peaks disappear and between $x^*$ and the quantum critical concentration $x_C sim 0.17$, where $T_C$ vanishes. We find that the abrupt disappearance of the long range helical periodicity at $x^*$, does not affect the precursor fluctuating correlations. These build up with decreasing temperature in a similar way as for the parent compound MnSi. Also the dynamics bears strong similarities to MnSi. The analysis of our results indicates that frustration, possibly due to achiral RKKY interactions, increases with increasing Fe doping. We argue that this effect explains both the expansion of the precursor phase with increasing $x$ and the abrupt disappearance of long range helimagnetic periodicity at $x^*$.
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