DA FORGIE

🌳Matureactive

NI620661 · private-unlimited · incorporated 2013-09-30

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

—

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: SIC 46610

Sector: Wholesale & retail

Investor take

Pursue

Conservative operator. Family succession underway — not a classic acquisition target.

Opportunity 78/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 7.0y

80/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 7.0 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.
· Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: medium (73/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

6 officers (6 active, 6 linked, 6 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

4 connected companies via shared directors

Filing history

40 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £1,240,489

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31
Profit before tax	£1.24M
Average employees	49

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

🔒Filing-note intelligence

3 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

filings

Last 90 days

filings

• 2 accounts

Last 180 days

filings

• 2 accounts

Counts from Companies House filing history.

Corporate timeline (34 events)Click to expand

2026-04-08
📄
accounts-with-accounts-type-full
accounts · AA
2026-04-08
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2025-09-10
📄
capital-allotment-new-class-of-shares
capital · SH09
2025-09-03
📄
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-09-02
📄
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2024-06-06
📄
resolution
resolution · RESOLUTIONS
2024-06-05
📄
capital-name-of-class-of-shares
capital · SH08
2024-06-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-06-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-06-04
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-04
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-04
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-05-31
➕
FORGIE, Ria appointed
director
2024-05-31
➕
FORGIE, Susan appointed
director
2023-05-22
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-05-22
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-22
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-22
🔒
Charge registered #3
Lender: Northern Bank Limited
2023-05-22
🔓
Charge satisfied #2
2023-05-22
🔓
Charge satisfied #1
2023-04-18
📄
capital-allotment-new-class-of-shares
capital · SH09
2023-04-18
📄
capital-allotment-new-class-of-shares
capital · SH09
2023-04-17
📄
memorandum-articles
incorporation · MA
2023-04-17
📄
resolution
resolution · RESOLUTIONS
2023-04-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-04-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-04-05
➕
LENNOX, Mark David Robert appointed
director
2023-04-05
➕
SLOAN, Donna appointed
director
2019-09-06
🔒
Charge registered #2
Lender: Ulster Bank Limited
2019-05-22
🔒
Charge registered #1
Lender: Ulster Bank Limited
2013-09-30
🏢
Company incorporated
As DA FORGIE
2013-09-30
➕
FORGIE, David Alexander appointed
director
2013-09-30
➕
FORGIE, Sarah Susan Honor appointed
director

Owner dependency

78/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "FORGIE" — strong identity link between founder and business.
+Founder age: Director aged approximately 74 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

33/100

Weak signal

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

SIGNALS

primaryFamily succession underway: Not a takeover target — FORGIE, Ria (same surname) appointed 2024-05-31. Pattern consistent with intra-family handover.
primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 13 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

S & R Forgie Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

S & R Forgie Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

DA FORGIE

This company · NI620661

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%

Name	Shares	Voting rights	Nature of control	Notified
S & R Forgie Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	31/05/2024

2 historic (ceased) PSCs

Mr David Alexander Forgieceased 31/05/2024· 25-50% shares · 25-50% voting
Mrs Sarah Susan Honor Forgieceased 31/05/2024· 25-50% shares · 25-50% voting

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 · Wholesale & distribution · BT postcode area

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LCC GROUP LIMITED→ NI031142 · est 1996	£129.99M £97.49M–£162.48M	£1115.35M	—	27200	29y	85	76y
CTEC (NI) LIMITED→ NI055929 · est 2005	£17.92M £13.44M–£22.40M	£21.25M	—	1300	20y	87	66y
HUB PACKAGING LTD.→ NI616476 · est 2013	£9.88M £7.41M–£12.36M	£18.07M	—	4700	13y	84	75y
R. THOMPSON & SON (ARMAGH) LIMITED→ NI007069 · est 1967	£9.87M £7.40M–£12.34M	—	—	55	58y	87	89y
COURTNEY & NELSON LIMITED→ NI046240 · est 2003	£7.06M £5.30M–£8.83M	£22.27M	—	3200	23y	84	58y
TAILORED IMAGE LTD→ NI034580 · est 1998	£5.64M £4.23M–£7.05M	£20.80M	—	11400	27y	93	63y
W.A.C. MCCANDLESS (ENGINEERS) LIMITED→ NI005177 · est 1962	£5.13M £3.85M–£6.42M	—	—	30	64y	88	68y
NORTHERN CONFECTIONERS LTD→ NI614585 · est 2012	£4.81M £3.61M–£6.01M	£21.97M	—	2800	13y	84	84y
VETERINARY SURGEONS SUPPLY COMPANY LIMITED→ NI003708 · est 1956	£4.78M £3.58M–£5.97M	—	—	56	69y	84	59y
FORESTWOOD AGENCIES LIMITED→ NI029479 · est 1995	£4.47M £3.35M–£5.59M	—	—	1400	31y	87	62y
MILLAR TRACTORS LIMITED→ NI030423 · est 1996	£3.51M £2.63M–£4.39M	—	—	900	30y	84	62y
TAYLORS (FYFIN) LIMITED→ NI012103 · est 1977	£3.11M £2.33M–£3.89M	—	—	21	48y	87	72y

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

Typeprivate-unlimited

Incorporated2013-09-30

Jurisdictionnorthern-ireland

Primary SIC46610 — SIC 46610

Registered office

16a Seacoast Road

Limavady

BT49 9DW

Northern Ireland

Filing status

Accounts

Next due: —

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-09-24

Last: 2025-09-10