ACORN INDUSTRIAL PROPERTY LIMITED

💤Zombieactive
06635208 · ltd · incorporated 2008-07-01
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 Jun 2025
Net worth
£303.8k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

1 live charge · oldest 17.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 17.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £303,843
Cash YoY
-26%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£13k
↓ 26% YoY
Net Worth
£304k
↑ 4.5% YoY
Current Assets
£13k
↓ 26% YoY
Current Liabilities
£0£61k£122k£182k£243k£304kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets£307.2k£312.1k
Current assets£12.5k£16.9k
Cash£12.5k£16.9k
Net assets£303.8k£290.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 180 days
3
filings
  • 1 confirmation-statement
  • 1 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-07-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-07-15
    FORSYTH, Henry resigned
    director
  3. 2026-01-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2026-01-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2026-01-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2025-02-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2023-12-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2023-01-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-06-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-03-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-01-31
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2018-01-31
    🔓
    Charge satisfied #1
  15. 2017-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2016-10-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2009-04-17
    FORSYTH, Henry appointed
    director
  18. 2009-04-17
    SMITH, Christopher resigned
    director
  19. 2008-11-28
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  20. 2008-07-01
    🏢
    Company incorporated
    As ACORN INDUSTRIAL PROPERTY LIMITED
  21. 2008-07-01
    FORSYTH, Daniel Stuart appointed
    secretary
  22. 2008-07-01
    FORSYTH, Daniel Stuart appointed
    director
  23. 2008-07-01
    SMITH, Christopher appointed
    director

Owner dependency

85/100
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.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Hawthorne Fork Truck Services Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Hawthorne Fork Truck Services Limited
Corporate parent · holds 75-100% shares
ultimate parent
ACORN INDUSTRIAL PROPERTY LIMITED
This company · 06635208

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Hawthorne Fork Truck Services Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting01/01/2026
1 historic (ceased) PSC
  • Mr Daniel Stuart Forsythceased 01/01/2026· significant influence

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2008-07-01
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

177 Fernhill Road
Bootle
Merseyside
L20 9DU

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-07-04
Last: 2026-06-20

Officers (2 active · 2 resigned)

FORSYTH, Daniel Stuart
secretary · appointed 2008-07-01
View their other companies + combined net worth →
Active
FORSYTH, Daniel Stuart
director · ~54y · appointed 2008-07-01
View their other companies + combined net worth →
Active
FORSYTH, Henry
director · ~90y · appointed 2009-04-17 · resigned 2026-07-15
Resigned
SMITH, Christopher
director · ~63y · appointed 2008-07-01 · resigned 2009-04-17
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property28/11/200831/01/2018

Recent filings (49 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-07-16
termination-director-company-with-name-termination-date
officers · TM01
2026-07-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-01-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-23