FORTHLAND UK LTD.
💤Zombieactive
SC334280 · ltd · incorporated 2007-11-21
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
£-273.5k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 62). 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).
🏦
Refinance opportunity
2 live charges · oldest 11.7y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
53 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 · accounting standard not declaredNegative net assets
Liabilities exceed assets by £273,495
Cash YoY
+119%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£2k
↑ 119% YoY
Net Worth
-£273k
↓ 11% YoY
Current Assets
£6k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £-175.7k | £-111.6k |
| Current assets | £5.9k | £5.9k |
| Cash | £1.8k | £828 |
| Debtors | £929 | £2.9k |
| Net assets | £-273.5k | £-247.4k |
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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-11-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-11-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-02📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-26📄gazette-notice-compulsorygazette · GAZ1
- 2020-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-12📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-02-11📄gazette-notice-compulsorygazette · GAZ1
- 2019-08-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-10-06🔒Charge registered #2Lender: Bank of Scotland PLC
- 2014-08-21🔒Charge registered #1Lender: Bank of Scotland PLC
- 2007-11-21🏢Company incorporatedAs FORTHLAND UK LTD.
- 2007-11-21➕WILSON, Erica Karin appointedsecretary
- 2007-11-21➕WILSON, Ian Alexander appointeddirector
- 2007-11-21➕BRIAN REID LTD. appointedcorporate-secretary
- 2007-11-21➖BRIAN REID LTD. resignedcorporate-secretary
- 2007-11-21➕STEPHEN MABBOTT LTD. appointedcorporate-director
- 2007-11-21➖STEPHEN MABBOTT LTD. resignedcorporate-director
Owner dependency
93/100
Critical — business is the founderThe 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 18 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
78/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 18 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ian Alexander Wilson Individual · British · DOB 08/1964 · age 62 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mrs Erica Wilson Individual · British · DOB 06/1965 · age 61 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FEEGIEMAIN CONSULTANCY LTD→ SC810111 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FERGUS STEWART INTEGRITY LTD→ SC858282 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FERGUSON GEOTECHNICAL LIMITED→ SC567675 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| FINANCE GAP SOLUTIONS LIMITED→ SC474221 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| FIND TOTALS LTD→ SC844843 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| FLETT SERVICES LTD→ SC749957 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| FLORIN ENGINEERING DESIGN LTD→ SC444600 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| FORCHAN LTD→ SC421444 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| FORTH INSPECTION GROUP LTD→ SC626646 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| FORTITUDE - ACTION BEYOND COMPLIANCE LTD→ SC651000 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| FORWARD RESOURCES LTD→ SC741992 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| FOSTERTECHS PVT. LTD→ SC559515 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2007-11-21
Jurisdictionscotland
Primary SIC70229 — Management consultancy activities other than financial management
Registered office
Balnoon, Forgue
Huntly
Aberdeenshire
AB54 6DH
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-05
Last: 2025-11-21
Officers (2 active · 2 resigned)
WILSON, Erica Karin→
Activesecretary · appointed 2007-11-21
View their other companies + combined net worth →
WILSON, Ian Alexander→
Activedirector · ~62y · appointed 2007-11-21
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-secretary · appointed 2007-11-21 · resigned 2007-11-21
STEPHEN MABBOTT LTD.→
Resignedcorporate-director · appointed 2007-11-21 · resigned 2007-11-21
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 06/10/2014 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 21/08/2014 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (53 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-23
gazette-filings-brought-up-to-date
gazette · DISS40
2021-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-31