FORTH TECH LIMITED

🌳Matureactive
SC219483 · ltd · incorporated 2001-05-23
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 16.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£27.6k
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

1 live charge · oldest 16.6y

65/100
clean up first

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

  • · Oldest live charge is 16.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 30/100 — 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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
17 officers (3 active, 17 linked, 14 with DOB)
86
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
106 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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £27,572
Cash YoY
+104%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£69k
↑ 104% YoY
Net Worth
£28k
↑ 773% YoY
Current Assets
£333k
↑ 41% YoY
Current Liabilities
—
£0£67k£133k£200k£266k£333kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£89.5k£23.8k
Current assets£333.0k£236.1k
Cash£68.7k£33.6k
Net assets£27.6k£3.2k

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 accounts
Counts from Companies House filing history.
Corporate timeline (53 events)Click to expand
  1. 2025-12-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-12
    📄
    resolution
    resolution · RESOLUTIONS
  3. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-10-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  5. 2024-10-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-10-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2024-09-16
    ➖
    WHITE, Susan Margaret resigned
    director
  8. 2024-09-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-09-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2024-09-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2024-09-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2024-09-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2024-08-30
    ➖
    MCBRIDE, Lynne Elizabeth resigned
    director
  14. 2023-09-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2023-04-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2022-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-09-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2021-09-22
    ➕
    CAMPBELL, Gary Ewan appointed
    director
  19. 2021-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2020-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2020-07-20
    📄
    capital-allotment-shares
    capital · SH01
  22. 2020-07-09
    📄
    capital-alter-shares-subdivision
    capital · SH02
  23. 2020-05-28
    ➕
    MCBRIDE, Lynne Elizabeth appointed
    director
  24. 2020-05-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2019-01-16
    ➕
    DAVISON, Thomas Julian appointed
    director
  26. 2019-01-16
    ➕
    WHITE, Susan Margaret appointed
    director
  27. 2018-03-31
    ➖
    HOGG, Pauline Joanne resigned
    director
  28. 2017-03-31
    ➖
    CONDIE, Ian Mackenzie Penman resigned
    secretary
  29. 2017-03-31
    ➖
    CONDIE, Ian Mackenzie Penman resigned
    director
  30. 2017-03-31
    ➕
    HOGG, Pauline Joanne appointed
    director
  31. 2013-03-31
    ➖
    CONDIE, Alan David resigned
    director
  32. 2013-03-31
    ➖
    FLEMING, Cliff resigned
    director
  33. 2013-03-31
    ➖
    PASCALL, Graham resigned
    director
  34. 2013-03-31
    ➖
    PRIMROSE, George Matthew resigned
    director
  35. 2013-03-31
    ➖
    SCOTT, Pauline resigned
    director
  36. 2013-03-31
    ➖
    TERMS, David resigned
    director
  37. 2011-04-01
    ➕
    FLEMING, Cliff appointed
    director
  38. 2011-03-31
    ➖
    PATON, Dougie resigned
    director
  39. 2010-04-01
    ➕
    PATON, Dougie appointed
    director
  40. 2009-09-25
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  41. 2006-04-01
    ➕
    SCOTT, Pauline appointed
    director
  42. 2006-01-06
    ➕
    TERMS, David appointed
    director
  43. 2006-01-04
    ➕
    CONDIE, Alan David appointed
    director
  44. 2006-01-04
    ➕
    PASCALL, Graham appointed
    director
  45. 2003-02-14
    ➕
    MCBRIDE, Ian James appointed
    director
  46. 2001-05-23
    🏢
    Company incorporated
    As FORTH TECH LIMITED
  47. 2001-05-23
    ➕
    CONDIE, Ian Mackenzie Penman appointed
    secretary
  48. 2001-05-23
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  49. 2001-05-23
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  50. 2001-05-23
    ➕
    CONDIE, Ian Mackenzie Penman appointed
    director
Showing most recent 50 of 53 events

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

80/100
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 66. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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

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

🏛️
Forth Tech Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
FORTH TECH LIMITED
This company · SC219483

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
Forth Tech Holdings Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control30/08/2024
3 historic (ceased) PSCs
  • Mrs Lynne Elizabeth Mcbrideceased 16/10/2024· 25-50% shares
  • Mr Ian James Mcbrideceased 16/10/2024· 75-100% shares
  • Condie & Coceased 31/03/2018· 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 →

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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
Incorporated2001-05-23
Jurisdictionscotland
Primary SIC62090 — Other information technology service activities

Registered office

Office 5a Dunfermline Business Centre
Izatt Avenue
Dunfermline
KY11 3BZ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-31
Last: 2025-05-17

Officers (3 active · 14 resigned)

CAMPBELL, Gary Ewan→
director · ~39y · appointed 2021-09-22
View their other companies + combined net worth →
Active
DAVISON, Thomas Julian→
director · ~46y · appointed 2019-01-16
View their other companies + combined net worth →
Active
MCBRIDE, Ian James→
director · ~66y · appointed 2003-02-14
View their other companies + combined net worth →
Active
CONDIE, Ian Mackenzie Penman→
secretary · appointed 2001-05-23 · resigned 2017-03-31
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2001-05-23 · resigned 2001-05-23
Resigned
CONDIE, Alan David→
director · ~70y · appointed 2006-01-04 · resigned 2013-03-31
Resigned
CONDIE, Ian Mackenzie Penman→
director · ~73y · appointed 2001-05-23 · resigned 2017-03-31
Resigned
FLEMING, Cliff→
director · ~69y · appointed 2011-04-01 · resigned 2013-03-31
Resigned
HOGG, Pauline Joanne→
director · ~55y · appointed 2017-03-31 · resigned 2018-03-31
Resigned
MCBRIDE, Lynne Elizabeth→
director · ~68y · appointed 2020-05-28 · resigned 2024-08-30
Resigned
PASCALL, Graham→
director · ~72y · appointed 2006-01-04 · resigned 2013-03-31
Resigned
PATON, Dougie→
director · ~54y · appointed 2010-04-01 · resigned 2011-03-31
Resigned
PRIMROSE, George Matthew→
director · ~72y · appointed 2001-05-23 · resigned 2013-03-31
Resigned
SCOTT, Pauline→
director · ~55y · appointed 2006-04-01 · resigned 2013-03-31
Resigned
TERMS, David→
director · ~72y · appointed 2006-01-06 · resigned 2013-03-31
Resigned
WHITE, Susan Margaret→
director · ~58y · appointed 2019-01-16 · resigned 2024-09-16
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2001-05-23 · resigned 2001-05-23
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property25/09/2009—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (106 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-10
resolution
resolution · RESOLUTIONS
2025-06-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-10-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-19
termination-director-company-with-name-termination-date
officers · TM01
2024-09-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-09-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-09
termination-director-company-with-name-termination-date
officers · TM01
2024-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-23