A.J. FORSTER LIMITED
Opportunity 79/100 (strong), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
7 live charges · 4 lenders · oldest 17.3y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 17.3 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (57/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 3 persons-with-significant-control
- • 1 capital
- • 1 officers
- • 3 persons-with-significant-control
- • 1 capital
- • 1 officers
Corporate timeline (49 events)Click to expand
- 2026-03-09📄capital-name-of-class-of-sharescapital · SH08
- 2026-03-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-03-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-03-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-03-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-20➕FORSTER, Kayley Louise appointeddirector
- 2026-01-09📄accounts-with-accounts-type-fullaccounts · AA
- 2025-02-14📄accounts-with-accounts-type-fullaccounts · AA
- 2025-02-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-04🔒Charge registered #7Lender: Hsbc UK Bank PLC
- 2025-01-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-11-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-11-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-07🔓Charge satisfied #4
- 2024-11-07🔓Charge satisfied #3
- 2024-11-04🔒Charge registered #6Lender: Hsbc UK Bank PLC
- 2024-11-04🔒Charge registered #5Lender: Hsbc UK Bank PLC
- 2024-03-30📄accounts-with-accounts-type-fullaccounts · AA
- 2023-05-26📄accounts-with-accounts-type-smallaccounts · AA
- 2022-03-09📄accounts-with-accounts-type-smallaccounts · AA
- 2021-05-28📄accounts-with-accounts-type-fullaccounts · AA
- 2021-01-29📄accounts-with-accounts-type-smallaccounts · AA
- 2021-01-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-01-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-01-22🔓Charge satisfied #2
- 2021-01-22🔓Charge satisfied #1
- 2021-01-21🔒Charge registered #4Lender: Noble Foods as Chargee
- 2021-01-21🔒Charge registered #3Lender: Phase Investments
- 2014-11-13➕FORSTER, Christopher James appointeddirector
- 2009-03-04🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2009-01-30🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2007-10-11➖FORSTER, Catherine May resigneddirector
- 2004-05-20➕FORSTER, Tracey Louise appointedsecretary
- 2004-05-20➕FORSTER, Tracey Louise appointeddirector
- 2004-05-20➖FORSTER, Roy David resigneddirector
- 2004-03-20➖FORSTER, Catherine May resignedsecretary
- 2000-04-03➕FORSTER, Catherine May appointedsecretary
- 2000-04-03➖FORSTER, Roy David resignedsecretary
- 2000-04-03➕FORSTER, Catherine May appointeddirector
- 1999-09-10🏢Company incorporatedAs A.J. FORSTER LIMITED
- 1999-09-10➕FORSTER, Mark Andrew appointeddirector
- 1999-09-10➕FORSTER, Roy David appointedsecretary
- 1999-09-10➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1999-09-10➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1999-09-10➕FORSTER, Roy David appointeddirector
- 1999-09-10➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
- 1999-09-10➖COMPANY DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder name in company name: Company name contains director surname "FORSTER" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
No meaningful acquirability indicators from public data.
- primaryFamily succession underway: Not a takeover target — FORSTER, Kayley Louise (same surname) appointed 2026-02-20. Pattern consistent with intra-family handover.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Christopher James Forster Individual · British · DOB 02/1990 · age 36 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 10/09/2016 |
2 historic (ceased) PSCs
- Mr Mark Andrew Forsterceased 20/02/2026· 25-50% shares · 25-50% voting
- Mrs Tracey Louise Forsterceased 20/02/2026· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (5 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 04/02/2025 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 04/11/2024 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 04/11/2024 | — | |
| satisfied | Noble Foods as Chargee | A registered charge | 1 property | 21/01/2021 | 07/11/2024 | |
| satisfied | Phase Investments | A registered charge | 4 properties | 21/01/2021 | 07/11/2024 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Legal mortgage | 1 property | 04/03/2009 | 22/01/2021 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Debenture | 1 property | 30/01/2009 | 22/01/2021 |