ST. DAVID'S CARE (FORFAR) LIMITED

🌳Matureactive
SC304274 · ltd · incorporated 2006-06-20
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 11.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£734.8k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Residential care activities for the elderly and disabled
Sector: Human health & social work
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

2 live charges · oldest 11.5y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 11.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
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 £734,773
Cash YoY
+175%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£6k
↑ 175% YoY
Net Worth
£735k
↑ 12% YoY
Current Assets
£61k
↓ 11% YoY
Current Liabilities
—
£0£147k£294k£441k£588k£735kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets£1.35M£1.33M
Current assets£60.7k£68.2k
Cash£5.6k£2.0k
Debtors£45.0k£56.2k
Net assets£734.8k£657.9k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-20
    📄
    second-filing-notification-of-a-person-with-significant-control
    persons-with-significant-control · RP04PSC01
  3. 2024-09-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-10-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-07-25
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  6. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-10-11
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  8. 2021-07-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-10-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-07-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-08-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2016-07-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-09-11
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  15. 2014-11-01
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  16. 2006-06-20
    🏢
    Company incorporated
    As ST. DAVID'S CARE (FORFAR) LIMITED
  17. 2006-06-20
    ➕
    CORNFORD, Ivan William appointed
    secretary
  18. 2006-06-20
    ➕
    CORNFORD, Ivan William appointed
    director
  19. 2006-06-20
    ➕
    CORNFORD, Lisa Mary appointed
    director
  20. 2006-06-20
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  21. 2006-06-20
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  22. 2006-06-20
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  23. 2006-06-20
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

79/100
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 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Lisa Mary Cornford
Individual · British · DOB 05/1966 · age 60
25–50%
—25-50% shares06/04/2016
Ivan Cornford
Individual · British · DOB 12/1961 · age 65
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 · Healthcare & medical · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
POSITIVE STEPS INITIATIVES LIMITED→
SC272286 · est 2004
£300.5k
£216.4k–£384.7k
——221y8375y
BALFIELD PROPERTIES LTD→
SC334044 · est 2007
———140018y8366y
THE BRAE RIDING FOR THE DISABLED→
SC205733 · est 2000
———726y8383y
TRANSFORM COMMUNITY DEVELOPMENT→
SC097367 · est 1986
———3740y8380y
CAALCARE CARE AND SUPPORT SERVICES LIMITED→
SC300007 · est 2006
———130020y8269y
F.M.S.E. MACFARLANE LIMITED→
SC253335 · est 2003
———90022y8280y
CARNOUSTIE, BARRY & PANBRIDE SICK NURSING ASSOCIATION→
SC169926 · est 1996 · no financials extracted
————29y8177y
DEAF LINKS→
SC353562 · est 2009
———140017y8185y
FORFAR DAY CARE CENTRE→
SC239605 · est 2002
———100023y8186y
ICDAS FOUNDATION→
SC305836 · est 2006 · no financials extracted
————19y8177y
TAYSIDE HEALTHCARE ARTS TRUST→
SC307393 · est 2006
———10019y8185y
ADASTRA MEDICAL STAFF SOLUTIONS LIMITED→
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——£253.1k—19y8071y
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
Incorporated2006-06-20
Jurisdictionscotland
Primary SIC87300 — Residential care activities for the elderly and disabled

Registered office

38-40 Glamis Road
Forfar
Angus
DD8 1DG

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-08-27
Last: 2025-08-13

Officers (3 active · 2 resigned)

CORNFORD, Ivan William→
secretary · appointed 2006-06-20
View their other companies + combined net worth →
Active
CORNFORD, Ivan William→
director · ~65y · appointed 2006-06-20
View their other companies + combined net worth →
Active
CORNFORD, Lisa Mary→
director · ~60y · appointed 2006-06-20
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2006-06-20 · resigned 2006-06-20
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2006-06-20 · resigned 2006-06-20
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge1 property11/09/2015—
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge—01/11/2014—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (55 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-21
second-filing-notification-of-a-person-with-significant-control
persons-with-significant-control · RP04PSC01
2025-08-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-24
change-account-reference-date-company-previous-extended
accounts · AA01
2023-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-25
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2021-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-13