FORMARTINE PARTNERSHIP LTD.

🌳Matureactive

SC301273 · private-limited-guarant-nsc · incorporated 2006-04-25

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 Apr 2025

Net worth

£18.9k

book net assets

Opportunity

81/100

Exceptional

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What this business does

Primary activity: Other professional, scientific and technical activities n.e.c.

Sector: Professional, scientific & technical

ALSO REGISTERED FOR

85590Other education n.e.c.
91012Archives activities
93290Other amusement and recreation activities n.e.c.

Investor take

Pursue

Asset-holding vehicle with a 82-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 82). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (71/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 4 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

29 officers (8 active, 29 linked, 27 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

1 connected companies via shared directors

Filing history

91 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

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 · accounting standard not declared

Positive net assets

Net assets £18,932

Cash YoY

+2%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£35k

↑ 2.0% YoY

Net Worth

£19k

↑ 3.9% YoY

Current Assets

£35k

↑ 2.1% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-04-30	2024-04-30
Total assets	£18.9k	£18.2k
Current assets	£35.2k	£34.5k
Cash	£35.1k	£34.4k
Debtors	£99	£56
Net assets	£18.9k	£18.2k

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

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (70 events)Click to expand

2025-12-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-06-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-06-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-06-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-06-19
➕
FOXEN, Hilary appointed
director
2024-06-19
➕
GUNSON, Rodney appointed
director
2024-06-19
➕
LEONARD, Andrew Jeremy appointed
director
2024-06-19
➖
MARTIN, Brian John resigned
director
2024-06-19
➖
MILNE, Yvonne resigned
director
2024-06-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-06-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-06-12
➖
ANDREW, Mark Henry Tresham resigned
director
2024-01-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-04-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-13
➖
THOMSON, John resigned
director
2021-03-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-03-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-03-24
➕
HEKELAAR, David Gillanders Fraser appointed
director
2020-11-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-10-31
➖
TADHUNTER, Frederick Charles resigned
director
2019-10-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-09-27
➖
DAVIS, Robert Bryant resigned
director
2019-06-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-05-28
➖
DOUGLAS, Glen resigned
director
2019-05-07
➖
OWEN, Gillian Louise resigned
director
2019-04-30
➕
ANDREW, Mark Henry Tresham appointed
director
2016-02-23
➕
DOUGLAS, Glen appointed
director
2015-03-04
➕
TADHUNTER, Frederick Charles appointed
director
2014-11-26
➖
JONES, John Neville resigned
director
2014-11-26
➖
MCDOUGALL, Alexander Robert resigned
director
2014-11-26
➖
SMITH, Alan Donald resigned
director
2014-01-22
➖
MCRAE, Alisdair resigned
director
2013-10-15
➕
SINCLAIR, Alistair appointed
secretary
2013-10-15
➖
NEWTON, Keith resigned
secretary
2013-03-13
➖
DAVIDSON, Isobel, Cllr resigned
director
2013-03-13
➕
MCDOUGALL, Alexander Robert appointed
director
2013-03-13
➕
MCRAE, Alisdair appointed
director
2013-03-13
➕
MILNE, Yvonne appointed
director
2013-03-13
➖
NEWTON, Keith resigned
director
2013-03-13
➕
OWEN, Gillian Louise appointed
director
2013-03-13
➕
SMITH, Alan Donald appointed
director
2012-11-21
➕
LODER, John Francis, Doctor appointed
director
2012-11-21
➖
ANDREW, Mark Henry Tresham resigned
director
2012-11-21
➖
HENDRY, Allan, Cllr resigned
director

Showing most recent 50 of 70 events

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 82 — 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 70+: Senior director is approximately 82 years old. Natural succession window is now.
primary20+ year tenure: Director in role 20 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.)

🔒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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COUNTAX SERVICES LIMITED→ SC556566 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
CP WELDING & FABRICATION LTD→ SC862989 · est 2025 · no financials extracted	—	—	—	—	—	—	—
CPM (INVERURIE) LTD→ SC556861 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
CRAIG BANKS LIMITED→ SC619619 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
CRAIGIAN LIMITED→ SC161694 · est 1995 · no financials extracted	—	—	—	—	30y	—	—
CREEGAN COMMUNICATIONS LTD→ SC712936 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
CREMIN ENGINEERING LTD→ SC613399 · est 2018 · no financials extracted	—	—	—	—	7y	—	—

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

Typeprivate-limited-guarant-nsc

Incorporated2006-04-25

Jurisdictionscotland

Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

Haddo Estate Office Mains Of Haddo

Tarves

Ellon

Aberdeenshire

AB41 7LD

Scotland

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-05-09

Last: 2025-04-25