DORMFRESH LIMITED

💤Zombieactive
SC209329 · ltd · incorporated 2000-07-20
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Post-harvest crop activities
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 20200SIC 20200
Investor take
Pursue
Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (1 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees—1100

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

🔒Filing-note intelligence

3 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-09-08
    📄
    accounts-with-accounts-type-group
    accounts · AA
  2. 2024-11-26
    📄
    memorandum-articles
    incorporation · MA
  3. 2024-11-26
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2024-11-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-08-21
    📄
    accounts-with-accounts-type-group
    accounts · AA
  6. 2023-04-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-04-06
    📄
    accounts-with-accounts-type-group
    accounts · AA
  8. 2022-09-16
    📄
    accounts-with-accounts-type-group
    accounts · AA
  9. 2022-06-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2021-06-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2020-07-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2020-03-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2020-03-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2020-03-09
    ➖
    DUNCAN, Henry John, Dr. resigned
    director
  15. 2019-05-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-03-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2018-02-09
    ➖
    COMMERCIAL LEGAL CENTRE resigned
    corporate-secretary
  19. 2007-01-01
    ➕
    COMMERCIAL LEGAL CENTRE appointed
    corporate-secretary
  20. 2006-12-31
    ➖
    KIPPEN CAMPBELL resigned
    corporate-secretary
  21. 2000-07-20
    🏢
    Company incorporated
    As DORMFRESH LIMITED
  22. 2000-07-20
    ➕
    FORSYTHE, John Michael appointed
    director
  23. 2000-07-20
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  24. 2000-07-20
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  25. 2000-07-20
    ➕
    KIPPEN CAMPBELL appointed
    corporate-secretary
  26. 2000-07-20
    ➕
    DUNCAN, Henry John, Dr. appointed
    director
  27. 2000-07-20
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  28. 2000-07-20
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

100/100
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 71 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 26 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
John Michael Forsythe
Individual · American · DOB 05/1955 · age 71
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/08/2016
2 historic (ceased) PSCs
  • 1,4 Group Incceased 08/06/2016· 50-75% shares
  • Dr. Henry John Duncanceased 09/03/2020· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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BADENOCH LAND MANAGEMENT LIMITED→
SC060067 · est 1976 · no financials extracted
————49y——
BLACKFACE SHEEP BREEDERS' ASSOCIATION→
SC434384 · est 2012 · no financials extracted
————13y——
CAIRNGORMS CROFTERS & FARMERS COMMUNITY LTD→
SC800260 · est 2024 · no financials extracted
————2y——
CC SPORTING LTD→
SC777163 · est 2023 · no financials extracted
————2y——
COMRIE INVESTMENTS LIMITED→
SC353666 · est 2009 · no financials extracted
————17y——
D A BAILLIE LIMITED→
SC340073 · est 2008 · no financials extracted
————18y——
DALNAVERT COMMUNITY COOPERATIVE LIMITED→
SC077725 · est 1982 · no financials extracted
————44y——
DFFC LTD→
SC556393 · est 2017 · no financials extracted
————9y——
FAIRLIE (BONHARD) LIMITED→
SC248160 · est 2003 · no financials extracted
————22y——
FISHERIES INNOVATION & SUSTAINABILITY→
SC477579 · est 2014 · no financials extracted
————11y——
FORREST FREE RANGE LIMITED→
SC347233 · est 2008 · no financials extracted
————17y——
FORTEVIOT FARMS LIMITED→
SC173082 · est 1997 · no financials extracted
————29y——
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
Typeltd
Incorporated2000-07-20
Jurisdictionscotland
Primary SIC01630 — Post-harvest crop activities

Registered office

Suite G Riverview House
Friarton Road
Perth
PH2 8DF
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-23
Last: 2025-10-09

Officers (1 active · 5 resigned)

FORSYTHE, John Michael→
director · ~71y · appointed 2000-07-20
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2000-07-20 · resigned 2000-07-20
Resigned
COMMERCIAL LEGAL CENTRE→
corporate-secretary · appointed 2007-01-01 · resigned 2018-02-09
Resigned
KIPPEN CAMPBELL→
corporate-secretary · appointed 2000-07-20 · resigned 2006-12-31
Resigned
DUNCAN, Henry John, Dr.→
director · ~90y · appointed 2000-07-20 · resigned 2020-03-09
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2000-07-20 · resigned 2000-07-20
Resigned

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

Recent filings (81 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-09
accounts-with-accounts-type-group
accounts · AA
2025-09-08
memorandum-articles
incorporation · MA
2024-11-26
resolution
resolution · RESOLUTIONS
2024-11-26
change-person-director-company-with-change-date
officers · CH01
2024-11-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-20
accounts-with-accounts-type-group
accounts · AA
2024-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-18
accounts-with-accounts-type-group
accounts · AA
2023-04-06
accounts-with-accounts-type-group
accounts · AA
2022-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-06-23
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-22