CS MANAGERS LTD
📈Growthactive
SC231678 · ltd · incorporated 2002-05-17
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
81/100
Exceptional
What this business does
Primary activity: Fund management activities
Sector: Financial & insurance
Investor take
PursueConservative operator with a 77-year-old founder — textbook succession opportunity.
Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (88/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
Confirmed no charges registered
85
Directors & officers
13 officers (5 active, 13 linked, 8 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
135 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
81/100Exceptional
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
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £361,558
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Profit before tax | £361.6k | £71.0k |
| Average employees | 1200 | 1300 |
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
2
filings
- • 1 capital
- • 1 resolution
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
- 2025-12-22📄capital-sale-or-transfer-treasury-shares-with-date-currency-capital-figurecapital · SH04
- 2025-12-19📄resolutionresolution · RESOLUTIONS
- 2025-07-31📄accounts-with-accounts-type-fullaccounts · AA
- 2024-11-14📄accounts-with-accounts-type-fullaccounts · AA
- 2024-05-21📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-05-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-20📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2023-08-16📄accounts-with-accounts-type-fullaccounts · AA
- 2023-05-31📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-05-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-11-25📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-05-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-05-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-05-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-05-11➕RUTHERFORD, Hugh Alexander appointeddirector
- 2021-08-24📄accounts-with-accounts-type-fullaccounts · AA
- 2021-03-09📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2018-11-01➖CLARKE, Edmund John Stephenson resigneddirector
- 2018-11-01➖SCOTT, Peter Arthur resigneddirector
- 2013-10-01➕CAMPBELL, Andrew Charles appointeddirector
- 2013-01-01➖THOMSON, John Kearsley resigneddirector
- 2009-10-30➕FORSYTH, Linda Neil appointeddirector
- 2009-10-30➕THOMSON, John Kearsley appointeddirector
- 2004-02-05➕FORSYTH, Linda Neil appointedsecretary
- 2004-02-05➖ABRAHAM, Colin James resignedsecretary
- 2004-02-05➖ABRAHAM, Colin James resigneddirector
- 2003-12-17➕FORSYTH, William Ferguson appointeddirector
- 2003-08-01➕SCOTT, Peter Arthur appointeddirector
- 2003-07-01➕ABRAHAM, Colin James appointedsecretary
- 2003-07-01➖FORSYTH, Linda Neil resignedsecretary
- 2003-05-07➕CLARKE, Edmund John Stephenson appointeddirector
- 2002-05-17🏢Company incorporatedAs CS MANAGERS LTD
- 2002-05-17➕FORSYTH, Linda Neil appointedsecretary
- 2002-05-17➕EXCHEQUER SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2002-05-17➖EXCHEQUER SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2002-05-17➕ABRAHAM, Colin James appointeddirector
- 2002-05-17➕EXCHEQUER DIRECTORS LIMITED appointedcorporate-nominee-director
- 2002-05-17➖EXCHEQUER DIRECTORS LIMITED resignedcorporate-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 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 77 — 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 77 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr William Ferguson Forsyth Individual · British · DOB 10/1949 · age 77 | — | — | sig. influencesignificant influence | 30/05/2023 |
2 historic (ceased) PSCs
- Mr William Ferguson Forsythceased 30/05/2023· significant influence
- Mrs Linda Neil Forsythceased 14/04/2022· significant influence
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
Active · Financial services · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FORESIGHT EUROPEAN SOLAR FUND CIP GP LIMITED→ SC340909 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| GEORGE C FRANK LIMITED→ SC507907 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| GMG INVESTMENT MANAGERS LTD→ SC507707 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| GNATON CAPITAL LIMITED→ SC640601 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GRANT WRITING CONSULTANCY LTD→ SC597999 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| GREENSEED (PROPERTIES) LIMITED→ SC333787 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| HALLELPAY LIMITED→ SC836669 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HAMILTON DALRYMPLE TRUST COMPANY.→ SC017910 · est 1934 · no financials extracted | — | — | — | — | 91y | — | — |
| HAMISH AND LINSEY INVESTMENT LIMITED→ SC736435 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| HERMES UOB SLP GENERAL PARTNER LIMITED→ SC211182 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| HESSOND SOLUTION LIMITED→ SC454384 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| HN RETAILERS LTD→ SC816998 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2002-05-17
Jurisdictionscotland
Primary SIC66300 — Fund management activities
Registered office
43 Charlotte Square
Edinburgh
EH2 4HQ
United Kingdom
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 (5 active · 8 resigned)
FORSYTH, Linda Neil→
Activesecretary · appointed 2004-02-05
View their other companies + combined net worth →
CAMPBELL, Andrew Charles→
Activedirector · ~67y · appointed 2013-10-01
View their other companies + combined net worth →
FORSYTH, Linda Neil→
Activedirector · ~75y · appointed 2009-10-30
View their other companies + combined net worth →
FORSYTH, William Ferguson→
Activedirector · ~77y · appointed 2003-12-17
View their other companies + combined net worth →
RUTHERFORD, Hugh Alexander→
Activedirector · ~68y · appointed 2022-05-11
View their other companies + combined net worth →
ABRAHAM, Colin James→
Resignedsecretary · appointed 2003-07-01 · resigned 2004-02-05
FORSYTH, Linda Neil→
Resignedsecretary · appointed 2002-05-17 · resigned 2003-07-01
EXCHEQUER SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-05-17 · resigned 2002-05-17
ABRAHAM, Colin James→
Resigneddirector · ~69y · appointed 2002-05-17 · resigned 2004-02-05
CLARKE, Edmund John Stephenson→
Resigneddirector · ~67y · appointed 2003-05-07 · resigned 2018-11-01
SCOTT, Peter Arthur→
Resigneddirector · ~81y · appointed 2003-08-01 · resigned 2018-11-01
THOMSON, John Kearsley→
Resigneddirector · ~76y · appointed 2009-10-30 · resigned 2013-01-01
EXCHEQUER DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2002-05-17 · resigned 2002-05-17
Click a director name to see their full track record across all companies.
Recent filings (135 total)
capital-sale-or-transfer-treasury-shares-with-date-currency-capital-figure
capital · SH04
2025-12-22
resolution
resolution · RESOLUTIONS
2025-12-19
accounts-with-accounts-type-full
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-04
accounts-with-accounts-type-full
accounts · AA
2024-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-21
change-person-secretary-company-with-change-date
officers · CH03
2024-05-21
change-person-director-company-with-change-date
officers · CH01
2024-05-21
change-person-director-company-with-change-date
officers · CH01
2024-05-21
change-person-director-company-with-change-date
officers · CH01
2024-05-21
change-person-director-company-with-change-date
officers · CH01
2024-05-21
move-registers-to-registered-office-company-with-new-address
address · AD04
2024-05-20
accounts-with-accounts-type-full
accounts · AA
2023-08-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-05-31