FORBES & FORBES LIMITED
💤Zombieactive
SC399012 · ltd · incorporated 2011-05-06
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 Mar 2025
Net worth
£7.6k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 70229Management consultancy activities other than financial management
Investor take
PursueAsset-holding vehicle with a 72-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 72). 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 (79/100)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
4 officers (2 active, 4 linked, 3 with DOB)
85
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
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £7,606
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£8k
↑ 98% YoY
Current Assets
£8k
↑ 43% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £7.6k | £3.8k |
| Current assets | £7.6k | £5.3k |
| Net assets | £7.6k | £3.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-11-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-12-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-05-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-04-30➖FORBES, William Allan resigneddirector
- 2021-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-03-25➕FORBES, David James appointeddirector
- 2020-01-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-01-10➖FORBES, David resigneddirector
- 2019-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-11-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-10-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2011-05-06🏢Company incorporatedAs FORBES & FORBES LIMITED
- 2011-05-06➕FORBES, David appointedsecretary
- 2011-05-06➕FORBES, David appointeddirector
- 2011-05-06➕FORBES, William Allan appointeddirector
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.
- +Founder name in company name: Company name contains director surname "FORBES" — strong identity link between founder and business.
- +Founder age: Director aged approximately 72 — succession pressure is live.
Succession & seller-readiness
75/100
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 72 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Daniel Alasdair Maclennan Individual · British · DOB 03/1980 · age 46 | 25–50% | — | 25-50% shares | 03/04/2023 |
Mr David James Forbes Individual · British · DOB 05/1954 · age 72 | 25–50% | — | 25-50% shares | 31/03/2017 |
1 historic (ceased) PSC
- Mr William Allan Forbesceased 30/09/2021· 25-50% shares
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 · Hospitality · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ENF HAVEN CAFE LIMITED→ SC775966 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| EVANTON CHINA LIMITED→ SC772344 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| EVINCO ENTERTAINMENTS LTD→ SC724836 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| EWEBREW HOSPITALITY SERVICES LTD.→ SC711567 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| EXPERIENCE SCOTLAND LTD→ SC735558 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| F P D PORTREE LIMITED→ SC663373 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| FARM TO PLATE LTD→ SC843477 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| FAT PANDA HL LTD→ SC877698 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FEAR BEAG LTD→ SC622667 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| FORRES COFFEE HOUSE LTD→ SC760202 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| FORRES HOTELS LIMITED→ SC263452 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| FORRES KEBAB SHOP LTD→ SC851175 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2011-05-06
Jurisdictionscotland
Primary SIC55900 — Other accommodation
Registered office
2 St. Andrew's Road
Dingwall
IV15 9RS
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-20
Last: 2025-05-06
Officers (2 active · 2 resigned)
Active
FORBES, David James→
Activedirector · ~72y · appointed 2020-03-25
View their other companies + combined net worth →
FORBES, David→
Resigneddirector · ~72y · appointed 2011-05-06 · resigned 2020-01-10
FORBES, William Allan→
Resigneddirector · ~69y · appointed 2011-05-06 · resigned 2022-04-30
Click a director name to see their full track record across all companies.
Recent filings (36 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-05-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-10
termination-director-company-with-name-termination-date
officers · TM01
2022-05-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-10
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-23