FORSYTH OF DENNY LIMITED

🌳Matureactive
SC105626 · ltd · incorporated 1987-07-13
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 38.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
ALSO REGISTERED FOR
  • 49410Freight transport by road
Investor take
Pursue
Conservative operator. Family succession underway — not a classic acquisition target.

Opportunity 80/100 (exceptional), bankability 85/100. 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

1 live charge · oldest 38.2y

95/100
ready

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

  • · Oldest live charge is 38.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
12 officers (4 active, 12 linked, 10 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
124 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
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £2,212,304

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-31
Profit before tax£2.21M
Average employees10900

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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2025-11-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2025-11-20
    ➕
    MCNALLY, Daniel Joseph appointed
    director
  3. 2025-07-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2024-06-25
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  5. 2023-05-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2023-05-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2023-05-26
    ➕
    SYME, Mark Andrew appointed
    director
  8. 2022-06-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2021-06-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2021-04-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  11. 2020-09-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2020-09-16
    🔓
    Charge satisfied #1
  13. 2020-09-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2020-07-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2020-06-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2019-09-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2019-09-03
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  18. 2019-08-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2019-06-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  20. 2019-06-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2018-10-25
    ➖
    MCMANUS, Conor Joseph resigned
    director
  22. 2016-12-16
    ➕
    MCNALLY, Hugh Gerard appointed
    secretary
  23. 2016-12-16
    ➕
    MCNALLY, Hugh Gerard appointed
    director
  24. 2016-12-16
    ➖
    FORSYTH, Elizabeth resigned
    secretary
  25. 2016-12-16
    ➖
    FORSYTH, Craig resigned
    director
  26. 2016-12-16
    ➖
    FORSYTH, Elizabeth resigned
    director
  27. 2016-12-16
    ➕
    MCMANUS, Conor Joseph appointed
    director
  28. 2016-12-16
    ➖
    RAE, Andrew resigned
    director
  29. 2014-08-31
    ➖
    FORSYTH, Robert resigned
    director
  30. 2012-08-28
    ➖
    FORSYTH, Robert Mckenzie resigned
    director
  31. 2009-08-21
    ➖
    FORSYTH, Christina Brown resigned
    director
  32. 1992-12-11
    ➕
    FORSYTH, Robert appointed
    director
  33. 1992-12-11
    ➕
    RAE, Andrew appointed
    director
  34. 1990-11-30
    ➕
    FORSYTH, Christina Brown appointed
    director
  35. 1988-03-14
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  36. 1987-07-13
    🏢
    Company incorporated
    As FORSYTH OF DENNY LIMITED

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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

Easterton Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Easterton Holdings Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
FORSYTH OF DENNY LIMITED
This company · SC105626

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
Easterton Holdings Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control25/04/2019
1 historic (ceased) PSC
  • Windhoist Holdings Limitedceased 25/04/2019· 75-100% shares · 75-100% voting · board control

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

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OGILVIE CONSTRUCTION LIMITED→
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——14646y9470y
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——5339y8864y
CONCEPT INSTALLATIONS ALLOA LTD→
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£48.5k
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£89.0k—1004y8446y
SCA CARPENTRY & BUILDING SERVICES LTD→
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£35.3k
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CENTRAL DEMOLITION LIMITED→
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——£8.08M—29y8360y
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————52y8384y
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——£295.0k—35y8380y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated1987-07-13
Jurisdictionscotland
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

Wallace House
17-21 Maxwell Place
Stirling
FK8 1JU
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-09
Last: 2026-04-25

Officers (4 active · 8 resigned)

MCNALLY, Hugh Gerard→
secretary · appointed 2016-12-16
View their other companies + combined net worth →
Active
MCNALLY, Daniel Joseph→
director · ~29y · appointed 2025-11-20
View their other companies + combined net worth →
Active
MCNALLY, Hugh Gerard→
director · ~61y · appointed 2016-12-16
View their other companies + combined net worth →
Active
SYME, Mark Andrew→
director · ~59y · appointed 2023-05-26
View their other companies + combined net worth →
Active
FORSYTH, Elizabeth→
secretary · resigned 2016-12-16
Resigned
FORSYTH, Christina Brown→
director · ~98y · appointed 1990-11-30 · resigned 2009-08-21
Resigned
FORSYTH, Craig→
director · ~61y · resigned 2016-12-16
Resigned
FORSYTH, Elizabeth→
director · ~74y · resigned 2016-12-16
Resigned
FORSYTH, Robert→
director · ~69y · appointed 1992-12-11 · resigned 2014-08-31
Resigned
FORSYTH, Robert Mckenzie→
director · ~107y · resigned 2012-08-28
Resigned
MCMANUS, Conor Joseph→
director · ~41y · appointed 2016-12-16 · resigned 2018-10-25
Resigned
RAE, Andrew→
director · ~81y · appointed 1992-12-11 · resigned 2016-12-16
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
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property14/03/198816/09/2020

Recent filings (124 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-29
appoint-person-director-company-with-name-date
officers · AP01
2025-11-21
accounts-with-accounts-type-full
accounts · AA
2025-07-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-02
accounts-with-accounts-type-medium
accounts · AA
2024-06-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-01
accounts-with-accounts-type-full
accounts · AA
2023-05-30
appoint-person-director-company-with-name-date
officers · AP01
2023-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-27
accounts-with-accounts-type-full
accounts · AA
2022-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-25
accounts-with-accounts-type-full
accounts · AA
2021-06-14
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2021-04-27
mortgage-satisfy-charge-full
mortgage · MR04
2020-09-16