FORREST DEVELOPMENTS (DUNOON) LIMITED

⚰️Wound downdissolved
SC417436 · ltd · incorporated 2012-02-20
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
60/100
Worth a look
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 70/100. Strong seller-intent signal (63/100, director aged 74). 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 (46/100)

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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth 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
70
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 (13 events)Click to expand
  1. 2015-05-22
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2015-05-22
    🏁
    Company dissolved
  3. 2015-01-30
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2015-01-14
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2014-11-13
    📄
    accounts-with-made-up-date
    accounts · AA
  6. 2014-08-13
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  7. 2014-02-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2013-10-15
    📄
    accounts-with-made-up-date
    accounts · AA
  9. 2013-02-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  10. 2012-02-20
    🏢
    Company incorporated
    As FORREST DEVELOPMENTS (DUNOON) LIMITED
  11. 2012-02-20
    MORISONS SECRETARIES LIMITED appointed
    corporate-secretary
  12. 2012-02-20
    WARNOCK, James Archibald Kirkland appointed
    director
  13. 2012-02-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

88/100
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 74 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2015-05-22

🔒Co-director network graph

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Available from the Pro tier upwards.

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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.

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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.

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Company details

Statusdissolved
Typeltd
Incorporated2012-02-20
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

Erskine House
68 Queen Street
Edinburgh
EH2 4NN

Filing status

Accounts
Next due:
Last made up to: 2014-02-28
Confirmation statement
Next due:
Last:

Officers (0 active · 0 resigned)

MORISONS SECRETARIES LIMITED
corporate-secretary · appointed 2012-02-20
View their other companies + combined net worth →
Active
WARNOCK, James Archibald Kirkland
director · ~74y · appointed 2012-02-20
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2015-05-22
gazette-notice-voluntary
gazette · GAZ1(A)
2015-01-30
dissolution-application-strike-off-company
dissolution · DS01
2015-01-14
accounts-with-made-up-date
accounts · AA
2014-11-13
certificate-change-of-name-company
change-of-name · CERTNM
2014-08-13
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-02-25
accounts-with-made-up-date
accounts · AA
2013-10-15
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-02-27
incorporation-company
incorporation · NEWINC
2012-02-20