FORBES LESLIE NETWORK LIMITED

🌳Matureactive
SC148828 · ltd · incorporated 1994-02-07
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 32.2y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

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

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Engineering related scientific and technical consulting activities
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 32.2y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 32.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
9 officers (3 active, 9 linked, 5 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
103 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
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
—
£0£54k£108k£162k£215k£269kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Total assets—£238.6k
Current assets—£269.2k
Cash—£134.7k
Debtors—£134.5k
Net assets—£219.5k
Average employees14—

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2025-06-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-02-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2017-02-06
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2017-02-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2016-11-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2009-08-31
    ➖
    HILL, Graham Malcolm resigned
    director
  17. 2008-01-15
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  18. 2007-04-13
    ➕
    ROBERTSON, David appointed
    secretary
  19. 2007-04-13
    ➕
    AIKEN, Donald George appointed
    director
  20. 2007-04-13
    ➕
    ROBERTSON, David appointed
    director
  21. 2007-04-13
    ➖
    FORBES, Iain Allan Macarthur resigned
    secretary
  22. 2007-04-13
    ➖
    FORBES, Iain Allan Macarthur resigned
    director
  23. 2007-04-13
    ➖
    LESLIE, William resigned
    director
  24. 2002-12-09
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  25. 1994-05-03
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  26. 1994-04-01
    ➕
    HILL, Graham Malcolm appointed
    director
  27. 1994-03-01
    ➕
    FORBES, Iain Allan Macarthur appointed
    secretary
  28. 1994-03-01
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  29. 1994-03-01
    ➕
    FORBES, Iain Allan Macarthur appointed
    director
  30. 1994-03-01
    ➕
    LESLIE, William appointed
    director
  31. 1994-03-01
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  32. 1994-02-07
    🏢
    Company incorporated
    As FORBES LESLIE NETWORK LIMITED
  33. 1994-02-07
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  34. 1994-02-07
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 32 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

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

🏛️
Fln Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
FORBES LESLIE NETWORK LIMITED
This company · SC148828

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
Fln Holdings Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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
Incorporated1994-02-07
Jurisdictionscotland
Primary SIC71122 — Engineering related scientific and technical consulting activities

Registered office

Titanium 1 King's Inch Place
Renfrew
PA4 8WF
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-19
Last: 2026-02-05

Officers (3 active · 6 resigned)

ROBERTSON, David→
secretary · appointed 2007-04-13
View their other companies + combined net worth →
Active
AIKEN, Donald George→
director · ~60y · appointed 2007-04-13
View their other companies + combined net worth →
Active
ROBERTSON, David→
director · ~62y · appointed 2007-04-13
View their other companies + combined net worth →
Active
FORBES, Iain Allan Macarthur→
secretary · appointed 1994-03-01 · resigned 2007-04-13
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1994-02-07 · resigned 1994-03-01
Resigned
FORBES, Iain Allan Macarthur→
director · ~80y · appointed 1994-03-01 · resigned 2007-04-13
Resigned
HILL, Graham Malcolm→
director · ~82y · appointed 1994-04-01 · resigned 2009-08-31
Resigned
LESLIE, William→
director · ~84y · appointed 1994-03-01 · resigned 2007-04-13
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1994-02-07 · resigned 1994-03-01
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Bond & floating charge1 property15/01/2008—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Deed of mortgage and charge1 property09/12/2002—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property03/05/1994—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (103 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-06-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-27
confirmation-statement-with-updates
confirmation-statement · CS01
2020-02-06