MOTHERWELL FORK TRUCKS LIMITED

💤Zombieactive

SC292398 · ltd · incorporated 2005-10-28

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

£32.7k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Renting and leasing of other machinery, equipment and tangible goods n.e.c.

Sector: Administrative & support services

Investor take

Pursue

Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (75/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (2 active, 5 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

53 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £32,724

Net assets shrinking

Down £28,124 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£33k

↓ 46% YoY

Current Assets

£52k

↓ 36% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-11-30	2023-11-30
Total assets	£32.7k	£67.1k
Current assets	£52.3k	£82.0k
Net assets	£32.7k	£60.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-06-28
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-13
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2019-03-13
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2019-03-01
➕
RODGERS, Lynne appointed
secretary
2019-03-01
➖
RODGERS, Julie resigned
secretary
2018-01-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-02-13
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-22
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-02
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-05-04
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2005-10-28
🏢
Company incorporated
As MOTHERWELL FORK TRUCKS LIMITED
2005-10-28
➕
RODGERS, Frank Alexander appointed
director
2005-10-28
➕
RODGERS, Julie appointed
secretary
2005-10-28
➕
FIRST SCOTTISH SECRETARIES LIMITED appointed
corporate-secretary
2005-10-28
➖
FIRST SCOTTISH SECRETARIES LIMITED resigned
corporate-secretary
2005-10-28
➕
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointed
corporate-director
2005-10-28
➖
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED resigned
corporate-director

Owner dependency

93/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.
+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

85/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 21 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Frank Alexander Rodgers Individual · British · DOB 06/1967 · age 59	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Professional services · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
IMV TECHNOLOGIES UK HOLDINGS LIMITED→ SC184117 · est 1998	£14.81M £10.92M–£18.71M	—	—	0	28y	84	61y
BSB STRUCTURAL TOPCO LIMITED→ SC358057 · est 2009	£13.36M £9.84M–£16.87M	—	—	500	17y	86	65y
TRIDENT MAINTENANCE SERVICES LTD→ SC503188 · est 2015	£9.78M £7.21M–£12.36M	—	—	101	11y	85	76y
ACE STRUCTURAL DRAUGHTING LIMITED→ SC333423 · est 2007	—	—	£70.8k	—	18y	83	71y
DAVIDSON & SHIRLEY LIMITED→ SC339565 · est 2008	—	—	£505.5k	—	18y	83	65y
KRISTELAN (UK) LIMITED→ SC350294 · est 2008	—	—	£130.4k	—	17y	83	58y
RECOVERY FIRST LIMITED→ SC396353 · est 2011	—	—	—	900	15y	83	65y
SOUTH WEST TRANSPORT LTD.→ SC174229 · est 1997	—	—	£873	—	29y	83	58y
TEN LIVE LIMITED→ SC369924 · est 2009	—	—	£436.8k	—	16y	83	61y
UTEACH LIMITED→ SC304740 · est 2006	—	—	£341.6k	—	19y	83	62y
A D PLANS LIMITED→ SC263752 · est 2004	—	—	£158.0k	—	22y	82	65y
ANDERSON BALLANTINE LIMITED→ SC338733 · est 2008	—	—	—	—	18y	82	70y

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

Incorporated2005-10-28

Jurisdictionscotland

Primary SIC77390 — Renting and leasing of other machinery, equipment and tangible goods n.e.c.

Registered office

141 North Orchard Street

Motherwell

Lanarkshire

ML1 3JL

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2026-11-11

Last: 2025-10-28

Officers (2 active · 3 resigned)

RODGERS, Lynne→

secretary · appointed 2019-03-01

View their other companies + combined net worth →

Active

RODGERS, Frank Alexander→

director · ~59y · appointed 2005-10-28

View their other companies + combined net worth →

Active

RODGERS, Julie→

secretary · appointed 2005-10-28 · resigned 2019-03-01

Resigned

FIRST SCOTTISH SECRETARIES LIMITED→

corporate-secretary · appointed 2005-10-28 · resigned 2005-10-28

Resigned

FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→

corporate-director · appointed 2005-10-28 · resigned 2005-10-28

Resigned

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

Recent filings (53 total)

confirmation-statement-with-updates

confirmation-statement · CS01

2025-11-07

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2025-06-28