FORREST FREE RANGE LIMITED

🌳Matureactive

SC347233 · ltd · incorporated 2008-08-18

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 17.4y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Aug 2024

Net worth

£183.5k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 01470

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 17.4y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 17.4 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (77/100)

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

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

3 officers (3 active, 3 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

39 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

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

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £183,481

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£183k

↑ 246% YoY

Current Assets

£202k

↑ 587% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-08-31	2023-08-31
Total assets	£183.5k	£53.1k
Current assets	£202.0k	£29.4k
Net assets	£183.5k	£53.1k

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 (20 events)Click to expand

2025-05-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-04-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-10-27
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-08-21
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-05-19
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-08-20
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-05-20
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-08-24
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2008-11-26
🔒
Charge registered #1
Lender: Hillside Property Holdings Limited
2008-08-18
🏢
Company incorporated
As FORREST FREE RANGE LIMITED
2008-08-18
➕
FORREST, Patrick Martin appointed
secretary
2008-08-18
➕
FORREST, Angela Jane appointed
director
2008-08-18
➕
FORREST, Patrick Martin appointed
director

Owner dependency

99/100

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.
+Founder name in company name: Company name contains director surname "FORREST" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 58 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

69/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Patrick Martin Forrest Individual · British · DOB 03/1968 · age 58	25–50%	—	25-50% shares	18/08/2016
Mrs Angela Jane Forrest Individual · British · DOB 12/1971 · age 55	25–50%	—	25-50% shares	18/08/2016

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

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HARRIS FARMS LTD→ SC316616 · est 2007 · no financials extracted	—	—	—	—	19y	—	—
HENDRY RAMSAY WATERS (WORLDWIDE) LIMITED→ SC240062 · est 2002 · no financials extracted	—	—	—	—	23y	—	—
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J A C GRIERSON LIMITED→ SC295027 · est 2006 · no financials extracted	—	—	—	—	20y	—	—
J.& E.SMILLIE (GROWERS) LIMITED→ SC061860 · est 1977 · no financials extracted	—	—	—	—	49y	—	—
JDM WOODLAND MANAGEMENT LIMITED→ SC565261 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
K TREES LIMITED→ SC638893 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
KEITHICK FARMS LIMITED→ SC038561 · est 1963 · no financials extracted	—	—	—	—	63y	—	—
KIAER ESTATES LIMITED→ SC552637 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
KIC (HOLDINGS) LIMITED→ SC198237 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
KILMALLIE COMMUNITY COMPANY→ SC297851 · est 2006 · no financials extracted	—	—	—	—	20y	—	—
KINLOCHEIL SPORTINGS→ SC198621 · est 1999 · no financials extracted	—	—	—	—	26y	—	—

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

Incorporated2008-08-18

Jurisdictionscotland

Primary SIC01470 — SIC 01470

Registered office

No 2 Cottage

Balgay Farm

Inchture

Perth And Kinross

PH14 9QH

Filing status

Accounts

Next due: 2026-05-31

Last made up to: 2024-08-31

Confirmation statement

Next due: 2026-09-01

Last: 2025-08-18

Officers (3 active · 0 resigned)

FORREST, Patrick Martin→

secretary · appointed 2008-08-18

View their other companies + combined net worth →

Active

FORREST, Angela Jane→

director · ~55y · appointed 2008-08-18

View their other companies + combined net worth →

Active

FORREST, Patrick Martin→

director · ~58y · appointed 2008-08-18

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Hillside Property Holdings Hillside Property Holdings Limited	Floating charge	1 property	26/11/2008	—

Click column headers to sort. Use filters above to narrow by status and lender.