A FORSYTH HOLDINGS LTD.

🌳Matureactive
SC249579 · ltd · incorporated 2003-05-16
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 16.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£328.7k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 16.8y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 16.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 4 with DOB)
79
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
67 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
82/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £328,671
Net assets shrinking
Down £20,831 YoY
Cash YoY
+4%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£79k
↑ 4.1% YoY
Net Worth
£329k
↓ 6.0% YoY
Current Assets
£356k
↑ 3.3% YoY
Current Liabilities
—
£0£71k£142k£214k£285k£356kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£328.7k£349.5k
Current assets£356.0k£344.8k
Cash£79.5k£76.3k
Net assets£328.7k£349.5k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-05-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2024-02-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-04-08
    📄
    capital-cancellation-shares
    capital · SH06
  8. 2022-04-08
    📄
    capital-return-purchase-own-shares
    capital · SH03
  9. 2021-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-08-05
    ➖
    FORSYTH, Alexander resigned
    director
  11. 2021-01-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2021-01-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2020-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-05-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-05-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2015-10-09
    🔓
    Charge satisfied #1
  19. 2009-06-25
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  20. 2007-01-15
    ➕
    FORSYTH, Keith appointed
    secretary
  21. 2007-01-15
    ➕
    FORSYTH, Keith appointed
    director
  22. 2007-01-15
    ➖
    FORSYTH, Morag resigned
    secretary
  23. 2007-01-15
    ➖
    FORSYTH, Morag resigned
    director
  24. 2003-05-16
    🏢
    Company incorporated
    As A FORSYTH HOLDINGS LTD.
  25. 2003-05-16
    ➕
    FORSYTH, Douglas Alexander appointed
    director
  26. 2003-05-16
    ➕
    FORSYTH, Morag appointed
    secretary
  27. 2003-05-16
    ➕
    COSEC LIMITED appointed
    corporate-nominee-secretary
  28. 2003-05-16
    ➖
    COSEC LIMITED resigned
    corporate-nominee-secretary
  29. 2003-05-16
    ➕
    FORSYTH, Alexander appointed
    director
  30. 2003-05-16
    ➕
    FORSYTH, Morag appointed
    director
  31. 2003-05-16
    ➕
    CODIR LIMITED appointed
    corporate-nominee-director
  32. 2003-05-16
    ➖
    CODIR LIMITED resigned
    corporate-nominee-director
  33. 2003-05-16
    ➕
    COSEC LIMITED appointed
    corporate-nominee-director
  34. 2003-05-16
    ➖
    COSEC LIMITED resigned
    corporate-nominee-director

Owner dependency

99/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "FORSYTH" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Douglas Alexander Forsyth
Individual · British · DOB 09/1970 · age 56
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mr Keith Forsyth
Individual · British · DOB 07/1963 · age 63
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Alexander Forsythceased 05/08/2021· 25-50% shares · 25-50% voting · board control

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 · Holding company · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AA FINANCIAL ADVISORY LIMITED→
SC799554 · est 2024 · no financials extracted
————2y——
ABC INDUSTRY LTD→
SC641191 · est 2019 · no financials extracted
————6y——
ABDUL QAYUM PROPERTY LTD→
SC858414 · est 2025 · no financials extracted
———————
ABERDEEN HEALTHCARE LIMITED→
SC721137 · est 2022 · no financials extracted
————4y——
ABSOLUTE SELF STORAGE (SCOTLAND) LIMITED→
SC240110 · est 2002 · no financials extracted
————23y——
ACO BUILDING SERVICES LTD→
SC836563 · est 2025 · no financials extracted
————1y——
AD PLUS PROPERTY CO. LTD.→
SC437033 · est 2012 · no financials extracted
————13y——
AFKM LIMITED→
SC292007 · est 2005 · no financials extracted
————20y——
AGGLETON ENTERPRISES LTD→
SC710905 · est 2021 · no financials extracted
————4y——
AGGREKO INDONESIA FINANCE LIMITED→
SC585138 · est 2018 · no financials extracted
————8y——
AIC MEDIA GROUP LIMITED→
SC836585 · est 2025 · no financials extracted
————1y——
AIM STRATEGIC HOLDINGS LTD→
SC856867 · est 2025 · no financials extracted
———————
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2003-05-16
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

6th Floor Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-05-30
Last: 2025-05-16

Officers (3 active · 6 resigned)

FORSYTH, Keith→
secretary · appointed 2007-01-15
View their other companies + combined net worth →
Active
FORSYTH, Douglas Alexander→
director · ~56y · appointed 2003-05-16
View their other companies + combined net worth →
Active
FORSYTH, Keith→
director · ~63y · appointed 2007-01-15
View their other companies + combined net worth →
Active
FORSYTH, Morag→
secretary · appointed 2003-05-16 · resigned 2007-01-15
Resigned
COSEC LIMITED→
corporate-nominee-secretary · appointed 2003-05-16 · resigned 2003-05-16
Resigned
FORSYTH, Alexander→
director · ~86y · appointed 2003-05-16 · resigned 2021-08-05
Resigned
FORSYTH, Morag→
director · ~86y · appointed 2003-05-16 · resigned 2007-01-15
Resigned
CODIR LIMITED→
corporate-nominee-director · appointed 2003-05-16 · resigned 2003-05-16
Resigned
COSEC LIMITED→
corporate-nominee-director · appointed 2003-05-16 · resigned 2003-05-16
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property25/06/200909/10/2015

Recent filings (67 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-27
termination-director-company-with-name-termination-date
officers · TM01
2024-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-16
capital-cancellation-shares
capital · SH06
2022-04-08
capital-return-purchase-own-shares
capital · SH03
2022-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-01-26