FRIENDS OF FORGUE KIRK

🌳Matureactive

SC183572 · private-limited-guarant-nsc-limited-exemption · incorporated 1998-03-04

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

£111.8k

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: General secondary education

Sector: Education

Investor take

Special-situation opportunity

Distressed education with salvageable qualities — special-situations priority.

Opportunity 73/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

15 officers (7 active, 15 linked, 13 with DOB)

Ownership & PSC

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

Director network

6 connected companies via shared directors

Filing history

79 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

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £111,827

Cash YoY

+421%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£18k

↑ 421% YoY

Net Worth

£112k

↑ 14% YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Total assets	£111.8k	£97.9k
Cash	£18.4k	£3.5k
Net assets	£111.8k	£97.9k

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

🔒Filing-note intelligence

2 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

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (40 events)Click to expand

2025-12-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-22
📄
change-person-director-company-with-change-date
officers · CH01
2023-03-22
📄
change-person-director-company-with-change-date
officers · CH01
2022-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-09
➕
SHAND, William Alexander Cryle appointed
director
2022-03-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-12-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-12-09
➕
RICHARDSON, Candida appointed
director
2021-12-09
➕
RICHARDSON, Victoria appointed
director
2020-07-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-20
➖
MCGLONE, Keith resigned
director
2018-11-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2017-11-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-08-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2017-08-21
➖
LADANOWSKI, Catriona resigned
director
2016-10-14
➕
LADANOWSKI, Catriona appointed
director
2016-03-18
➕
TWADDLE, Chris appointed
director
2015-05-24
➕
RICHARDSON, Anthony appointed
secretary
2015-03-31
➖
RICHARDSON, Euan resigned
secretary
2015-03-31
➖
RICHARDSON, Euan resigned
director
2015-03-06
➕
RICHARDSON, Anthony George appointed
director
2014-05-08
➖
ANDERSON, Eleanor, Dr resigned
director
2008-03-03
➖
SHAND, Albert Smith resigned
director
2007-10-04
➕
MCGLONE, Keith appointed
director
2007-06-01
➖
DUFFTON, Audrey Isabel resigned
director
2003-08-21
➖
RICHARDSON, Anthony George resigned
director
1998-03-04
🏢
Company incorporated
As FRIENDS OF FORGUE KIRK
1998-03-04
➕
RICHARDSON, Margaret Ann appointed
director
1998-03-04
➕
RICHARDSON, Euan appointed
secretary
1998-03-04
➕
ANDERSON, Eleanor, Dr appointed
director
1998-03-04
➕
DUFFTON, Audrey Isabel appointed
director
1998-03-04
➕
RICHARDSON, Anthony George appointed
director
1998-03-04
➕
RICHARDSON, Euan appointed
director
1998-03-04
➕
SHAND, Albert Smith appointed
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

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 90 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

85/100

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 90 years old. Natural succession window is now.
primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-18

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Anthony George Richardson Individual · British · DOB 09/1936 · age 90	—	—	sig. influencesignificant influence · trust interest · firm interest	14/04/2016

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 · Education & training · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ABERDEEN STRAIGHT-WAY LIMITED→ SC219939 · est 2001 · no financials extracted	—	—	—	—	24y	—	—
BLESSED MINDS SERVICES LIMITED→ SC832884 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
CHOICES ABERDEEN LIMITED→ SC307363 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
CREST TRAINING SERVICES LTD→ SC291422 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
DN SPORTS COACHING LTD→ SC693695 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
FALCON FIRST AID LIMITED→ SC662010 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
FINDLAY TRAINING SCOTLAND LTD→ SC772055 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
FORREST TRAINING LTD→ SC603908 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
FRESH TALENT EDUCATION SERVICES LIMITED→ SC701736 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
FULCRUM PILATES LTD→ SC828576 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
FULL COLOUR COACHING LTD→ SC673831 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
FUTURE SKILLS ACADEMY LIMITED→ SC820805 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated1998-03-04

Jurisdictionscotland

Primary SIC85310 — General secondary education

Registered office

Kelmscott House,

Forgue

Huntly

Aberdeenshire

AB54 6BT

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-03-18OVERDUE

Last: 2025-03-04