FORMAN HOLDINGS LIMITED
⚰️Wound downdissolved
SC231847 · ltd · incorporated 2002-05-22
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
63/100
Worth a look
What this business does
Primary activity: SIC 7499
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 70). Share purchase looks the cleaner deal structure. 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: share sale to pe / searcher (73/100).
Data confidence
Overall: low (47/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
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 (33 events)Click to expand
- 2010-02-19📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2010-02-19🏁Company dissolved
- 2009-10-30📄gazette-notice-voluntarygazette · GAZ1(A)
- 2009-10-12📄dissolution-application-strike-off-companydissolution · DS01
- 2009-05-06📄legacyofficers · 288b
- 2009-04-23📄accounts-with-made-up-dateaccounts · AA
- 2008-12-23📄accounts-with-made-up-dateaccounts · AA
- 2008-08-26📄legacyannual-return · 363a
- 2007-06-01📄legacyannual-return · 363a
- 2007-06-01📄legacyofficers · 288c
- 2007-05-09📍legacyaddress · 287
- 2006-07-10📄accounts-with-made-up-dateaccounts · AA
- 2006-06-30📄legacyannual-return · 363a
- 2006-02-07📄accounts-with-made-up-dateaccounts · AA
- 2005-08-11📄legacyannual-return · 363a
- 2005-04-18📄accounts-with-made-up-dateaccounts · AA
- 2004-12-17📄legacyofficers · 288a
- 2004-12-17📄legacyofficers · 288b
- 2004-12-01➕THORNTONS LAW LLP appointedcorporate-secretary
- 2004-11-30➖MESSRS THORNTONS WS resignedcorporate-nominee-secretary
- 2004-09-02📄memorandum-articlesincorporation · MA
- 2004-06-26📄legacyannual-return · 363a
- 2004-03-19📄accounts-with-made-up-dateaccounts · AA
- 2003-06-25📄legacyannual-return · 363a
- 2003-06-25📄legacyofficers · 288b
- 2002-10-18📄legacyofficers · 288a
- 2002-10-15➕PRINGLE, Stewart appointeddirector
- 2002-10-15➖HUTCHESON, Iain Henderson resignednominee-director
- 2002-07-12✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2002-05-22🏢Company incorporatedAs FORMAN HOLDINGS LIMITED
- 2002-05-22➕MESSRS THORNTONS WS appointedcorporate-nominee-secretary
- 2002-05-22➕HUTCHESON, Iain Henderson appointednominee-director
- 2002-05-22📄incorporation-companyincorporation · NEWINC
Owner dependency
100/100
Critical — business is the founderThe 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 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 70 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 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-02-19
🔒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 · Professional services · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A R WASTE CONSULTING LIMITED→ SC385557 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| AMZTEC ACCOUNTING LTD→ SC621522 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| APEX ACOUSTICS SOUND SERVICES LTD.→ SC212199 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ARCK CONSULTING LTD→ SC835375 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ASK CS LIMITED→ SC353283 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| B & C STUDIO LIMITED→ SC878174 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BANFF ENERGY LIMITED→ SC588522 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BASBO LIMITED→ SC866447 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BAYT CONSULT & CO. LTD.→ SC454865 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BB DESIGN SERVICES LIMITED→ SC530501 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BDSPECIALISTUK LIMITED→ SC853374 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BEECHES JACOB LIMITED→ SC611587 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Statusdissolved
Typeltd
Incorporated2002-05-22
Jurisdictionscotland
Primary SIC7499 — SIC 7499
Registered office
Whitehall House
33 Yeaman Shore
Dundee
DD1 4BJ
Filing status
Accounts
Next due: —
Last made up to: 2008-05-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 2 resigned)
THORNTONS LAW LLP→
Activecorporate-secretary · appointed 2004-12-01
View their other companies + combined net worth →
PRINGLE, Stewart→
Activedirector · ~70y · appointed 2002-10-15
View their other companies + combined net worth →
MESSRS THORNTONS WS→
Resignedcorporate-nominee-secretary · appointed 2002-05-22 · resigned 2004-11-30
HUTCHESON, Iain Henderson→
Resignednominee-director · appointed 2002-05-22 · resigned 2002-10-15
Click a director name to see their full track record across all companies.
Recent filings (25 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2010-02-19
gazette-notice-voluntary
gazette · GAZ1(A)
2009-10-30
dissolution-application-strike-off-company
dissolution · DS01
2009-10-12
legacy
officers · 288b
2009-05-06
accounts-with-made-up-date
accounts · AA
2009-04-23
accounts-with-made-up-date
accounts · AA
2008-12-23
legacy
annual-return · 363a
2008-08-26
legacy
annual-return · 363a
2007-06-01
legacy
officers · 288c
2007-06-01
legacy
address · 287
2007-05-09
accounts-with-made-up-date
accounts · AA
2006-07-10
legacy
annual-return · 363a
2006-06-30
accounts-with-made-up-date
accounts · AA
2006-02-07
legacy
annual-return · 363a
2005-08-11
accounts-with-made-up-date
accounts · AA
2005-04-18