FORTHSIDE CONSTRUCTION LIMITED

💤Zombieactive

SC091594 · ltd · incorporated 1985-02-11

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Construction of commercial buildings

Sector: Construction

Investor take

Pursue

Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 20.0y

30/100

under pressure

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

· Oldest live charge is 20.0 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Distress signals active — lender appetite narrows.

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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

6 officers (2 active, 6 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

6 connected companies via shared directors

Filing history

103 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

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
Average employees	100	100

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

filings

Last 90 days

filings

• 2 persons-with-significant-control
• 1 confirmation-statement
• 1 officers

Last 180 days

filings

• 2 persons-with-significant-control
• 1 confirmation-statement
• 1 officers

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2026-04-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-04-30
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-30
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-04-12
➖
LYNCH, William resigned
director
2025-12-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-01
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-12-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-01-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-01-12
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-31
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2008-01-31
🔒
Charge registered #2
Lender: Bank of Scotland PLC
2006-06-30
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1993-04-01
➖
LYNCH, Patrick resigned
director
1990-09-12
➖
LYNCH, Patrick resigned
director
1989-02-01
➕
JOHN LYNCH AND COMPANY appointed
corporate-secretary
1989-02-01
➕
LYNCH, John appointed
director
1989-02-01
➖
LYNCH, Patrick resigned
secretary
1985-02-11
🏢
Company incorporated
As FORTHSIDE CONSTRUCTION LIMITED

Owner dependency

100/100

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 37 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

100/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 37 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 41 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr John Lynch Individual · British · DOB 05/1954 · age 72	75–100%	75–100%	75-100% shares · 75-100% voting	12/04/2026

1 historic (ceased) PSC

Ms Alison Anne Faith Marleyceased 12/04/2026· 75-100% shares · 75-100% 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 · Construction · KY postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
T. & N. GILMARTIN (CONTRACTORS) LIMITED→ SC105726 · est 1987	£3.97M £2.83M–£5.10M	—	—	85	38y	88	59y
CARTMORE BUILDING SUPPLY COMPANY LIMITED→ SC100217 · est 1986	£120.6k £86.1k–£155.0k	£16.41M	—	2800	39y	88	78y
BLAIRHILL LAND LIMITED→ SC160813 · est 1995	£56.6k £40.4k–£72.8k	—	—	200	30y	82	64y
MORGAN GROUP PROPERTY IMPROVEMENTS LIMITED→ SC734098 · est 2022	£36.6k £26.2k–£47.1k	£77.1k	—	100	4y	83	46y
AMBER ROOFING LIMITED→ SC130516 · est 1991	—	—	£709.2k	—	35y	83	59y
CAMPBELL & GAY (BUILDERS) LIMITED→ SC215346 · est 2001	—	—	—	400	25y	83	62y
CLOVECREST LIMITED→ SC270216 · est 2004	—	—	—	0	21y	83	64y
DOE SPORT (NORTH) LIMITED→ SC164621 · est 1996	—	—	—	2300	30y	83	68y
FREDERICK WILSON (PROPERTIES) LIMITED→ SC217110 · est 2001	—	—	—	200	25y	83	62y
HY SPEC SERVICES LIMITED→ SC147444 · est 1993 · no financials extracted	—	—	—	—	32y	83	69y
J R F CHIMNEY SPECIALISTS & HEATING DISTRIBUTORS LIMITED→ SC109701 · est 1988	—	—	—	16	38y	83	86y
JAGDIS PROPERTIES LIMITED→ SC361658 · est 2009	—	—	—	200	16y	83	63y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

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 →

🔒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

Incorporated1985-02-11

Jurisdictionscotland

Primary SIC41201 — Construction of commercial buildings

Registered office

Torridon House, Torridon Lane

Rosyth

Fife

KY11 2EU

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-14

Last: 2026-03-31

Officers (2 active · 4 resigned)

JOHN LYNCH AND COMPANY→

corporate-secretary · appointed 1989-02-01

View their other companies + combined net worth →

Active

LYNCH, John→

director · ~72y · appointed 1989-02-01

View their other companies + combined net worth →

Active

LYNCH, Patrick→

secretary · resigned 1989-02-01

Resigned

LYNCH, Patrick→

director · ~67y · resigned 1993-04-01

Resigned

LYNCH, Patrick→

director · ~67y · resigned 1990-09-12

Resigned

LYNCH, William→

director · ~70y · resigned 2026-04-12

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Lloyds Banking Group Bank of Scotland PLC	Standard security	1 property	31/01/2008	—
	outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	30/06/2006	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (103 total)

confirmation-statement-with-updates

confirmation-statement · CS01

2026-04-30

termination-director-company-with-name-termination-date

officers · TM01

2026-04-30

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2026-04-30

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2026-04-30

accounts-with-accounts-type-micro-entity

accounts · AA

2025-12-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-04-02

accounts-with-accounts-type-micro-entity

accounts · AA

2024-12-14

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-04-10

accounts-with-accounts-type-micro-entity

accounts · AA

2023-12-14

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-04-04

accounts-with-accounts-type-micro-entity

accounts · AA

2022-11-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-04-01

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2022-04-01

accounts-with-accounts-type-micro-entity

accounts · AA

2021-12-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-04-01