FORTH PIPE ORGANS LIMITED

🌳Matureactive
SC240251 · ltd · incorporated 2002-11-28
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£-10.6k
book net assets
Opportunity
81/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Manufacture of other builders' carpentry and joinery
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 102
Negative net assets
Liabilities exceed assets by £10,596
Net assets shrinking
Down £31,602 YoY
Cash YoY
+1310%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£5k
↑ 1310% YoY
Net Worth
-£11k
↓ 150% YoY
Current Assets
£113k
~ YoY
Current Liabilities
—
-£11k£14k£39k£64k£88k£113kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Total assets£5.5k£49.1k
Current assets£112.9k£112.9k
Cash£5.0k£354
Debtors£14.3k£18.9k
Net assets£-10.6k£21.0k

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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2024-12-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2024-11-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-11-20
    ➕
    YOUNG, Brian appointed
    director
  6. 2024-11-20
    ➖
    SMAIL, James resigned
    director
  7. 2024-07-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-08-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-03-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-08-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-01-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-04-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-08-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-12-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-07-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2002-11-28
    🏢
    Company incorporated
    As FORTH PIPE ORGANS LIMITED
  19. 2002-11-28
    ➕
    PAGE, David Anthony appointed
    secretary
  20. 2002-11-28
    ➕
    PAGE, David Anthony appointed
    director
  21. 2002-11-28
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  22. 2002-11-28
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  23. 2002-11-28
    ➕
    SMAIL, James appointed
    director
  24. 2002-11-28
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  25. 2002-11-28
    ➖
    STEPHEN MABBOTT LTD. resigned
    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 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr David Anthony Page
Individual · British · DOB 06/1965 · age 61
25–50%
25–50%board control25-50% shares · 25-50% voting · board control01/07/2016
1 historic (ceased) PSC
  • Mr James Smailceased 20/11/2024· 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.

Similar companies

Active · Manufacturing · KY postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
FIFE MEMORIALS LTD→
SC399948 · est 2011 · no financials extracted
————14y——
FIFE SHUTTERS LIMITED→
SC240232 · est 2002 · no financials extracted
————23y——
FOSSGAR SERVICES LIMITED→
SC517010 · est 2015 · no financials extracted
————10y——
FULLY FITTED WARDROBES LIMITED→
SC506051 · est 2015 · no financials extracted
————10y——
G KELLY LTD→
SC528989 · est 2016 · no financials extracted
————10y——
G.S. BROWN (PRECISION ENGINEERS) LIMITED→
SC137707 · est 1992 · no financials extracted
————34y——
GABELLONE RIGGING LTD→
SC544366 · est 2016 · no financials extracted
————9y——
GARVOCK SERVICES LIMITED→
SC244246 · est 2003 · no financials extracted
————23y——
GEM CARAVANS (FIFE) LTD→
SC469992 · est 2014 · no financials extracted
————12y——
GLENDALE PLASTICS LIMITED→
SC070131 · est 1979 · no financials extracted
————46y——
GME (FIFE) LTD→
SC577405 · est 2017 · no financials extracted
————8y——
GRAND HOME DECOR LTD→
SC841201 · est 2025 · no financials extracted
————1y——
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
Incorporated2002-11-28
Jurisdictionscotland
Primary SIC16230 — Manufacture of other builders' carpentry and joinery

Registered office

Liberty House 15 Cromarty Campus
Rosyth
Dunfermline
Fife
KY11 2YB

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-12
Last: 2025-11-28

Officers (3 active · 3 resigned)

PAGE, David Anthony→
secretary · appointed 2002-11-28
View their other companies + combined net worth →
Active
PAGE, David Anthony→
director · ~61y · appointed 2002-11-28
View their other companies + combined net worth →
Active
YOUNG, Brian→
director · ~48y · appointed 2024-11-20
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2002-11-28 · resigned 2002-11-28
Resigned
SMAIL, James→
director · ~81y · appointed 2002-11-28 · resigned 2024-11-20
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2002-11-28 · resigned 2002-11-28
Resigned

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

Recent filings (57 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-18
appoint-person-director-company-with-name-date
officers · AP01
2024-12-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-16
termination-director-company-with-name-termination-date
officers · TM01
2024-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-02
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-23