FORESTER SEAT LIMITED
⚰️Wound downdissolved
SC151121 · ltd · incorporated 1994-05-31
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
52/100
Worth a look
What this business does
Primary activity: SIC 0112
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
- 1594SIC 1594
- 5530SIC 5530
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 52/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (53/100). Current lenders should be on monthly review.
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (5 active, 7 linked, 4 with DOB)
81
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
16 connected companies via shared directors
90
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.
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 (36 events)Click to expand
- 2019-07-05⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2019-07-05🏁Company dissolved
- 2019-04-05⚠️liquidation-compulsory-return-of-final-meeting-scotlandinsolvency · 4.17(Scot)
- 1999-03-30⚠️liquidation-voluntary-liquidators-statement-of-receipts-payments-scotlandinsolvency · 4.6(Scot)
- 1998-07-20⚠️liquidation-voluntary-liquidators-statement-of-receipts-payments-scotlandinsolvency · 4.6(Scot)
- 1998-04-03⚠️liquidation-voluntary-liquidators-statement-of-receipts-payments-scotlandinsolvency · 4.6(Scot)
- 1998-02-11⚠️liquidation-voluntary-continuance-scotlandinsolvency · 4.22(Scot)
- 1997-10-03⚠️liquidation-voluntary-liquidators-statement-of-receipts-payments-scotlandinsolvency · 4.6(Scot)
- 1997-05-12⚠️liquidation-compulsory-appointment-provisional-liquidator-scotlandinsolvency · 4.9(Scot)
- 1997-05-12📍legacyaddress · 287
- 1997-05-02⚠️liquidation-voluntary-removal-of-liquidator-scotlandinsolvency · 4.11(Scot)
- 1997-01-28⚠️liquidation-voluntary-liquidators-statement-of-receipts-payments-scotlandinsolvency · 4.6(Scot)
- 1996-03-18⚠️liquidation-voluntary-continuance-scotlandinsolvency · 4.22(Scot)
- 1996-03-18⚠️liquidation-compulsory-appointment-provisional-liquidator-scotlandinsolvency · 4.9(Scot)
- 1996-02-15⚠️liquidation-compulsory-notice-winding-up-scotlandinsolvency · CO4.2(Scot)
- 1996-02-15⚠️liquidation-compulsory-winding-up-order-scotlandinsolvency · 4.2(Scot)
- 1996-02-15⚠️liquidation-compulsory-appointment-provisional-liquidator-scotlandinsolvency · 4.9(Scot)
- 1996-01-17⚠️liquidation-compulsory-appointment-provisional-liquidator-scotlandinsolvency · 4.9(Scot)
- 1995-06-20📄legacyannual-return · 363s
- 1995-01-26📄legacyaccounts · 224
- 1995-01-04📄legacycapital · 88(2)R
- 1994-12-19📄legacyofficers · 288
- 1994-12-19📄legacyofficers · 288
- 1994-12-15➕MORRISON, David James appointeddirector
- 1994-12-15➕MORRISON, Sheila appointeddirector
- 1994-10-30📄legacyofficers · 288
- 1994-10-27➕MCGILL, Alasdair Iain appointeddirector
- 1994-07-11📄memorandum-articlesincorporation · MEM/ARTS
- 1994-07-07✏️certificate-change-of-name-companychange-of-name · CERTNM
- 1994-06-24➕MCGILL, Alasdair Iain appointedsecretary
- 1994-06-24➕MORRISON, Andrew Irving appointeddirector
- 1994-06-24➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1994-06-24➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
- 1994-05-31🏢Company incorporatedAs FORESTER SEAT LIMITED
- 1994-05-31➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1994-05-31➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 89 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 89 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
- 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
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2019-07-05
16 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2019-07-05: gazette-dissolved-liquidation; 2019-04-05: liquidation-compulsory-return-of-final-meeting-scotland
🔒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 · Agriculture · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| JWFB LIMITED→ SC312553 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| K C R C LIMITED→ SC265823 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| KILORAN SHELLFISH LTD→ SC672229 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| KINERMONY LIMITED→ SC024445 · est 1946 · no financials extracted | — | — | — | — | 79y | — | — |
| KIRDANA LTD.→ SC296163 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| KLONDYKE FISHING COMPANY LIMITED→ SC076707 · est 1981 · no financials extracted | — | — | — | — | 44y | — | — |
| LIGHTHOUSE FISHING COMPANY LIMITED→ SC685485 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| M B AQUARIUS LIMITED→ SC259115 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| M G GALL LTD→ SC626199 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| MATTHEW WEST LTD→ SC799344 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| MB BOBENA LIMITED→ SC282138 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| MB3 ESTATES LIMITED→ SC607592 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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.
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See pricing →Company details
Statusdissolved
Typeltd
Incorporated1994-05-31
Jurisdictionscotland
Primary SIC0112 — SIC 0112
Registered office
12 Carden Place
Aberdeen
AB10 1UR
Filing status
Accounts
Next due: —
Last made up to: —
Confirmation statement
Next due: —
Last: —
Officers (0 active · 2 resigned)
MCGILL, Alasdair Iain→
Activesecretary · appointed 1994-06-24
View their other companies + combined net worth →
MCGILL, Alasdair Iain→
Activedirector · ~57y · appointed 1994-10-27
View their other companies + combined net worth →
MORRISON, Andrew Irving→
Activedirector · ~76y · appointed 1994-06-24
View their other companies + combined net worth →
MORRISON, David James→
Activedirector · ~89y · appointed 1994-12-15
View their other companies + combined net worth →
MORRISON, Sheila→
Activedirector · ~88y · appointed 1994-12-15
View their other companies + combined net worth →
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1994-05-31 · resigned 1994-06-24
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 1994-05-31 · resigned 1994-06-24
Click a director name to see their full track record across all companies.
Recent filings (32 total)
gazette-dissolved-liquidation
gazette · GAZ2
2019-07-05
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2019-04-05
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1999-03-30
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1998-07-20
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1998-04-03
liquidation-voluntary-continuance-scotland
insolvency · 4.22(Scot)
1998-02-11
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1997-10-03
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
1997-05-12
legacy
address · 287
1997-05-12
liquidation-voluntary-removal-of-liquidator-scotland
insolvency · 4.11(Scot)
1997-05-02
liquidation-voluntary-liquidators-statement-of-receipts-payments-scotland
insolvency · 4.6(Scot)
1997-01-28
liquidation-voluntary-continuance-scotland
insolvency · 4.22(Scot)
1996-03-18
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
1996-03-18
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
1996-02-15
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
1996-02-15