AGM FORBES LIMITED
🏛️Establishedactive
SC602529 · ltd · incorporated 2018-07-13
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 7.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£216.6k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 76/100 (strong), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 7.0y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 7.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 7 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £216,565
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£217k
↑ 73% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Net assets | £216.6k | £125.4k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2025-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-08➕FORBES, Alistair Graham appointeddirector
- 2025-07-08➕FORBES, Alistair Graham Milne appointeddirector
- 2025-07-08➖FORBES, Alistair Graham Milne resigneddirector
- 2025-05-15📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2025-05-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-30➖FORBES, Alistair Graham resigneddirector
- 2024-09-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-07➖FORBES, Alistair Graham Milne resigneddirector
- 2019-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-03📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2019-12-03📄change-person-director-company-with-change-dateofficers · CH01
- 2019-11-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-08-29📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2019-08-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-08-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-08-20➕FORBES, Cameron Peter appointeddirector
- 2019-08-20➕FORBES, Alistair Graham appointeddirector
- 2019-05-21🔒Charge registered #2Lender: Barclays Security Trustee Limited
- 2019-04-29🔓Charge satisfied #1
- 2019-04-09🔒Charge registered #1Lender: Barclays Security Trustee Limited
- 2018-07-13🏢Company incorporatedAs AGM FORBES LIMITED
- 2018-07-13➕FORBES, Gail appointeddirector
- 2018-07-13➕FORBES, Michael Bartow appointeddirector
- 2018-07-13➕FORBES, Alistair Graham Milne appointeddirector
Owner dependency
78/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder name in company name: Company name contains director surname "FORBES" — strong identity link between founder and business.
- +Founder age: Director aged approximately 66 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: FORBES, Alistair Graham Milne resigned 2025-07-08; FORBES, Alistair Graham resigned 2025-04-30
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Bartow Forbes Individual · British · DOB 03/1964 · age 62 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/07/2018 |
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 · Agriculture · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CARDEN LIVESTOCK LIMITED→ SC281983 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| CHERRYTREES DEVELOPMENT COMPANY LIMITED→ SC162671 · est 1996 · no financials extracted | — | — | — | — | 30y | — | — |
| DON AGRI SERVICES LIMITED→ SC311614 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| DRONLEY FARMING LTD→ SC535245 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| DUKESWOOD NURSERY LIMITED→ SC483800 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| EAST PITKIERIE LIMITED→ SC614118 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| EDINBURGH LIVERY LIMITED→ SC549491 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| EPIGENETICA LIMITED→ SC605559 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| FIMM POTATOES LTD→ SC386777 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| FORDHOUSE FARMS LIMITED→ SC054740 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| G.B. PATTULLO & SONS LIMITED→ SC029490 · est 1953 · no financials extracted | — | — | — | — | 72y | — | — |
| GAMRIE FARMS LIMITED→ SC330346 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2018-07-13
Jurisdictionscotland
Primary SIC01500 — SIC 01500
Registered office
Omachie Farm
Kingennie
Dundee
DD5 3RE
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-22
Last: 2025-07-08
Officers (4 active · 3 resigned)
FORBES, Alistair Graham→
Activedirector · ~28y · appointed 2025-07-08
View their other companies + combined net worth →
FORBES, Cameron Peter→
Activedirector · ~37y · appointed 2019-08-20
View their other companies + combined net worth →
FORBES, Gail→
Activedirector · ~66y · appointed 2018-07-13
View their other companies + combined net worth →
FORBES, Michael Bartow→
Activedirector · ~62y · appointed 2018-07-13
View their other companies + combined net worth →
FORBES, Alistair Graham Milne→
Resigneddirector · ~87y · appointed 2025-07-08 · resigned 2025-07-08
FORBES, Alistair Graham→
Resigneddirector · ~28y · appointed 2019-08-20 · resigned 2025-04-30
FORBES, Alistair Graham Milne→
Resigneddirector · ~87y · appointed 2018-07-13 · resigned 2020-11-07
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 21/05/2019 | — | |
| satisfied | Barclays Barclays Security Trustee Limited | A registered charge | — | 09/04/2019 | 29/04/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (31 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
appoint-person-director-company-with-name-date
officers · AP01
2025-07-10
termination-director-company-with-name-termination-date
officers · TM01
2025-07-10
appoint-person-director-company-with-name-date
officers · AP01
2025-07-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-09
move-registers-to-registered-office-company-with-new-address
address · AD04
2025-05-15
termination-director-company-with-name-termination-date
officers · TM01
2025-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-14
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-13