FORRES COFFEE HOUSE LTD

🌿Early-stageactive
SC760202 · ltd · incorporated 2023-02-26
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
£-4.6k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -38% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £4,577
Net assets shrinking
Down £8,198 YoY
Cash YoY
-38%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£11k
↓ 38% YoY
Net Worth
-£5k
↓ 226% YoY
Current Assets
£20k
↑ 13% YoY
Current Liabilities
-£5k£275£5k£10k£15k£20kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Total assets£-4.6k£3.6k
Current assets£19.7k£17.4k
Cash£10.7k£17.4k
Debtors£5.5k
Net assets£-4.6k£3.6k

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
2
filings
  • 1 confirmation-statement
  • 1 capital
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 capital
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2026-03-11
    📄
    capital-allotment-shares
    capital · SH01
  2. 2025-05-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-26
    🏢
    Company incorporated
    As FORRES COFFEE HOUSE LTD
  5. 2023-02-26
    HENDERSON, Anna Catherine appointed
    director
  6. 2023-02-26
    MATHER, Brett Dixon appointed
    director
  7. 2023-02-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Miss Anna Catherine Henderson
Individual · British · DOB 03/1979 · age 47
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/02/2023

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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated2023-02-26
Jurisdictionscotland
Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

Forres House
High Street
Forres
IV36 1BU
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-11
Last: 2026-02-25

Officers (2 active · 0 resigned)

HENDERSON, Anna Catherine
director · ~47y · appointed 2023-02-26
View their other companies + combined net worth →
Active
MATHER, Brett Dixon
director · ~56y · appointed 2023-02-26
View their other companies + combined net worth →
Active

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

Recent filings (7 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-11
capital-allotment-shares
capital · SH01
2026-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-08
incorporation-company
incorporation · NEWINC
2023-02-26