DICKSONS OF FORRES LIMITED

🌳Matureactive

SC111981 · ltd · incorporated 1988-06-28

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

73/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Sale of new cars and light motor vehicles

Sector: Wholesale & retail

Investor take

Pursue

Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 13 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

27 live charges · 13 lenders · oldest 37.2y

25/100

too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

· Oldest live charge is 37.2 years old — likely at or near maturity.
· 13 lenders named — inter-creditor friction likely.
· Legal-friction score 53/100 (high).

Data confidence

Overall: medium (72/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

27 charges (27/27 with lender, 27/27 with type)

Directors & officers

22 officers (5 active, 22 linked, 20 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

233 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31

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

🔒Filing-note intelligence

4 signals 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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (107 events)Click to expand

2025-09-02
📄
accounts-with-accounts-type-group
accounts · AA
2025-08-04
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2024-07-12
📄
capital-name-of-class-of-shares
capital · SH08
2024-07-08
📄
memorandum-articles
incorporation · MA
2024-07-08
📄
resolution
resolution · RESOLUTIONS
2024-05-08
📄
capital-cancellation-shares
capital · SH06
2024-05-08
📄
capital-return-purchase-own-shares
capital · SH03
2024-04-12
📄
accounts-with-accounts-type-group
accounts · AA
2024-03-28
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-03-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-03-26
📄
memorandum-articles
incorporation · MA
2024-03-25
📄
change-person-director-company-with-change-date
officers · CH01
2024-03-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-03-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-03-25
📄
change-person-director-company-with-change-date
officers · CH01
2024-03-25
📄
resolution
resolution · RESOLUTIONS
2024-03-22
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-22
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-22
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-03-20
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-19
🔒
Charge registered #30
Lender: The Governor and Company of the Bank of Ireland as Agent and Security Trustee for Itself and Each of the Other Secured Parties
2024-03-19
🔒
Charge registered #29
Lender: The Governor and Company of the Bank of Ireland as Agent and Security Trustee for Itself and Each of the Other Secured Parties
2024-03-19
🔒
Charge registered #28
Lender: The Governor and Company of the Bank of Ireland as Agent and Security Trustee for Itself and Each of the Other Secured Parties
2024-03-19
🔒
Charge registered #27
Lender: The Governor and Company of the Bank of Ireland as Agent and Security Trustee for Itself and Each of the Other Secured Parties
2024-03-15
➕
DUNLOP, Robert James appointed
director
2024-03-15
➕
LAIRD, Douglas William appointed
director
2024-03-15
➕
MACPHEE, Linda Margaret appointed
director
2024-03-15
➖
BRYCE, Hugh resigned
director
2024-03-15
➖
SCRIMGEOUR, Alistair resigned
director
2024-03-15
➖
SCRIMGEOUR, Margaret Wilma Rattray resigned
director
2024-03-15
🔒
Charge registered #26
Lender: The Governor and Company of the Bank of Ireland as Agent and Security Trustee for Itself and Each of the Other Secured Parties
2020-11-20
🔒
Charge registered #25
Lender: Bank of Scotland PLC
2020-07-31
➖
MACKENZIE, Alan George resigned
director
2020-05-05
🔓
Charge satisfied #22
2020-05-05
🔓
Charge satisfied #21
2020-05-05
🔓
Charge satisfied #20
2020-05-05
🔓
Charge satisfied #5
2020-05-05
🔓
Charge satisfied #4
2020-05-05
🔓
Charge satisfied #3
2020-05-05
🔓
Charge satisfied #2
2020-05-05
🔓
Charge satisfied #6
2018-10-01
➕
BRYCE, Fraser More appointed
director
2018-08-27
➖
BARNETT, Alisdair Logan resigned
director
2016-12-01
➕
MACKENZIE, James Thom Gladstone appointed
director
2016-12-01
➕
BRYCE, Hugh appointed
director
2016-12-01
➖
BRYCE, Hugh resigned
director
2016-12-01
➖
MACKENZIE, James Thom Gladstone resigned
director

Showing most recent 50 of 107 events

Owner dependency

48/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

50/100

Moderate signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 med · 1 low

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

6 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Fraser Bryce Individual · British · DOB 09/1979 · age 47	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	05/03/2019

1 historic (ceased) PSC

Mr Alistair Scrimgeourceased 15/03/2024· 25-50% shares

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 →

Similar companies

Active · Automotive · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
DAVIDSONS DETAILING LTD→ SC868483 · est 2025 · no financials extracted	—	—	—	—	—	—	—
DICKSONS 2020 LIMITED→ SC660544 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
FLEET MANAGEMENT SERVICES (UK) LIMITED→ SC211499 · est 2000 · no financials extracted	—	—	—	—	25y	—	—
FOGWATT GARAGE LTD→ SC666882 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
FYRISH VEHICLE SALES LTD→ SC766020 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
G.T. TYRES (FORRES) LTD→ SC631711 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
GCRS MOTORS LTD→ SC457778 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
GLENBURGIE CARS LIMITED→ SC299010 · est 2006 · no financials extracted	—	—	—	—	20y	—	—
HENDERSON GROUP LIMITED→ SC383723 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
HIGGS TUNING SERVICES LTD→ SC660992 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
HIGHLAND DENT REPAIR LTD→ SC705600 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
HIGHLAND LEISURE SPORT LTD→ SC683469 · est 2020 · no financials extracted	—	—	—	—	5y	—	—

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

Incorporated1988-06-28

Jurisdictionscotland

Primary SIC45111 — Sale of new cars and light motor vehicles

Registered office

28/34 Carsegate Road

Inverness

IV3 8EX

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-06-18

Last: 2025-06-04