FORESTER SEAT LIMITED

⚰️Wound downdissolved
SC151121 · ltd · incorporated 1994-05-31
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
52/100
Worth a look
🔔
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What this business does
Primary activity: SIC 0112
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 1594SIC 1594
  • 5530SIC 5530
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 52/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (53/100). Current lenders should be on monthly review.

Data confidence

Overall: low (51/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (5 active, 7 linked, 4 with DOB)
81
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
16 connected companies via shared directors
90
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2019-07-05
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2019-07-05
    🏁
    Company dissolved
  3. 2019-04-05
    ⚠️
    liquidation-compulsory-return-of-final-meeting-scotland
    insolvency · 4.17(Scot)
  4. 1999-03-30
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  5. 1998-07-20
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  6. 1998-04-03
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  7. 1998-02-11
    ⚠️
    liquidation-voluntary-continuance-scotland
    insolvency · 4.22(Scot)
  8. 1997-10-03
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  9. 1997-05-12
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  10. 1997-05-12
    📍
    legacy
    address · 287
  11. 1997-05-02
    ⚠️
    liquidation-voluntary-removal-of-liquidator-scotland
    insolvency · 4.11(Scot)
  12. 1997-01-28
    ⚠️
    liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
    insolvency · 4.6(Scot)
  13. 1996-03-18
    ⚠️
    liquidation-voluntary-continuance-scotland
    insolvency · 4.22(Scot)
  14. 1996-03-18
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  15. 1996-02-15
    ⚠️
    liquidation-compulsory-notice-winding-up-scotland
    insolvency · CO4.2(Scot)
  16. 1996-02-15
    ⚠️
    liquidation-compulsory-winding-up-order-scotland
    insolvency · 4.2(Scot)
  17. 1996-02-15
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  18. 1996-01-17
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  19. 1995-06-20
    📄
    legacy
    annual-return · 363s
  20. 1995-01-26
    📄
    legacy
    accounts · 224
  21. 1995-01-04
    📄
    legacy
    capital · 88(2)R
  22. 1994-12-19
    📄
    legacy
    officers · 288
  23. 1994-12-19
    📄
    legacy
    officers · 288
  24. 1994-12-15
    MORRISON, David James appointed
    director
  25. 1994-12-15
    MORRISON, Sheila appointed
    director
  26. 1994-10-30
    📄
    legacy
    officers · 288
  27. 1994-10-27
    MCGILL, Alasdair Iain appointed
    director
  28. 1994-07-11
    📄
    memorandum-articles
    incorporation · MEM/ARTS
  29. 1994-07-07
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  30. 1994-06-24
    MCGILL, Alasdair Iain appointed
    secretary
  31. 1994-06-24
    MORRISON, Andrew Irving appointed
    director
  32. 1994-06-24
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  33. 1994-06-24
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  34. 1994-05-31
    🏢
    Company incorporated
    As FORESTER SEAT LIMITED
  35. 1994-05-31
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  36. 1994-05-31
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 89 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 89 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 32 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2019-07-05

16 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2019-07-05: gazette-dissolved-liquidation; 2019-04-05: liquidation-compulsory-return-of-final-meeting-scotland

🔒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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🔒Tailored diligence questions

10 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 →
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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

Statusdissolved
Typeltd
Incorporated1994-05-31
Jurisdictionscotland
Primary SIC0112 — SIC 0112

Registered office

12 Carden Place
Aberdeen
AB10 1UR

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due:
Last:

Officers (0 active · 2 resigned)

MCGILL, Alasdair Iain
secretary · appointed 1994-06-24
View their other companies + combined net worth →
Active
MCGILL, Alasdair Iain
director · ~57y · appointed 1994-10-27
View their other companies + combined net worth →
Active
MORRISON, Andrew Irving
director · ~76y · appointed 1994-06-24
View their other companies + combined net worth →
Active
MORRISON, David James
director · ~89y · appointed 1994-12-15
View their other companies + combined net worth →
Active
MORRISON, Sheila
director · ~88y · appointed 1994-12-15
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1994-05-31 · resigned 1994-06-24
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 1994-05-31 · resigned 1994-06-24
Resigned

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

Recent filings (32 total)

gazette-dissolved-liquidation
gazette · GAZ2
2019-07-05
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2019-04-05
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1999-03-30
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1998-07-20
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1998-04-03
liquidation-voluntary-continuance-scotland
insolvency · 4.22(Scot)
1998-02-11
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1997-10-03
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
1997-05-12
legacy
address · 287
1997-05-12
liquidation-voluntary-removal-of-liquidator-scotland
insolvency · 4.11(Scot)
1997-05-02
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1997-01-28
liquidation-voluntary-continuance-scotland
insolvency · 4.22(Scot)
1996-03-18
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
1996-03-18
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
1996-02-15
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
1996-02-15