ALEX FORSYTH LIMITED

🌳Matureactive
SC133111 · ltd · incorporated 1991-07-26
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 32.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£46.4k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (80/100, director aged 63). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 32.9y

85/100
ready

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

  • · Oldest live charge is 32.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £46,398
Net assets shrinking
Down £5,751 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
£12k
Net Worth
£46k
↓ 11% YoY
Current Assets
£186k
↓ 23% YoY
Current Liabilities
—
£0£48k£96k£145k£193k£241kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£64.2k£83.1k
Current assets£186.4k£241.2k
Cash£12.0k—
Debtors£158.3k£163.4k
Net assets£46.4k£52.1k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2025-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2024-02-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2024-02-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-02-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2023-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-08-05
    ➖
    FORSYTH, Alexander resigned
    director
  11. 2021-01-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2021-01-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2020-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-05-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-10-09
    🔓
    Charge satisfied #1
  18. 2007-01-15
    ➕
    FORSYTH, Keith appointed
    secretary
  19. 2007-01-15
    ➕
    FORSYTH, Keith appointed
    director
  20. 2006-01-15
    ➖
    FORSYTH, Morag resigned
    secretary
  21. 2006-01-15
    ➖
    FORSYTH, Morag resigned
    director
  22. 1998-07-01
    🔓
    Charge satisfied #3
  23. 1997-04-14
    🔓
    Charge satisfied #4
  24. 1995-01-24
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  25. 1993-07-29
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  26. 1993-06-16
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  27. 1991-07-26
    🏢
    Company incorporated
    As ALEX FORSYTH LIMITED
  28. 1991-07-26
    ➕
    FORSYTH, Douglas Alexander appointed
    director
  29. 1991-07-26
    ➕
    FORSYTH, Morag appointed
    secretary
  30. 1991-07-26
    ➕
    REID, Brian appointed
    nominee-secretary
  31. 1991-07-26
    ➖
    REID, Brian resigned
    nominee-secretary
  32. 1991-07-26
    ➕
    FORSYTH, Alexander appointed
    director
  33. 1991-07-26
    ➕
    FORSYTH, Morag appointed
    director
  34. 1991-07-26
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  35. 1991-07-26
    ➖
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

99/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "FORSYTH" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 35 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

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

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

🏛️
A Forsyth Holdings Ltd.
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
ALEX FORSYTH LIMITED
This company · SC133111

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
A Forsyth Holdings Ltd.
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
3 historic (ceased) PSCs
  • Mr Keith Forsythceased 06/02/2022· 25-50% shares · 25-50% voting · board control
  • Mr Douglas Alexander Forsythceased 06/02/2022· 25-50% shares · 25-50% voting · board control
  • Mr Alexander Forsythceased 05/08/2021· 25-50% shares · 25-50% 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 →

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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
Incorporated1991-07-26
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

90 Mitchell Street
Glasgow
G1 3NQ

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-09
Last: 2025-07-26

Officers (3 active · 5 resigned)

FORSYTH, Keith→
secretary · appointed 2007-01-15
View their other companies + combined net worth →
Active
FORSYTH, Douglas Alexander→
director · ~56y · appointed 1991-07-26
View their other companies + combined net worth →
Active
FORSYTH, Keith→
director · ~63y · appointed 2007-01-15
View their other companies + combined net worth →
Active
FORSYTH, Morag→
secretary · appointed 1991-07-26 · resigned 2006-01-15
Resigned
REID, Brian→
nominee-secretary · appointed 1991-07-26 · resigned 1991-07-26
Resigned
FORSYTH, Alexander→
director · ~86y · appointed 1991-07-26 · resigned 2021-08-05
Resigned
FORSYTH, Morag→
director · ~86y · appointed 1991-07-26 · resigned 2006-01-15
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1991-07-26 · resigned 1991-07-26
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property24/01/199514/04/1997
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property29/07/199301/07/1998
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property16/06/199309/10/2015

Recent filings (96 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-27
termination-director-company-with-name-termination-date
officers · TM01
2024-02-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-01-26