FORSYTH LEGAL LIMITED

💤Zombieactive

SC369255 · ltd · incorporated 2009-11-27

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

£161

book net assets

Opportunity

75/100

Strong

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What this business does

Primary activity: Activities of patent and copyright agents; other legal activities

Sector: Professional, scientific & technical

Investor take

Pursue

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

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -52% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (1 active, 4 linked, 2 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

50 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

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 £161

Cash draining

Cash down 52% YoY

Cash YoY

-52%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£7k

↓ 52% YoY

Net Worth

£161

↑ 33% YoY

Current Assets

£12k

↓ 41% 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	£189	£155
Current assets	£11.6k	£19.6k
Cash	£7.4k	£15.4k
Debtors	£2.6k	£2.7k
Net assets	£161	£121

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 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2025-08-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-08-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-08-22
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-06-12
📄
resolution
resolution · RESOLUTIONS
2017-06-12
📄
statement-of-companys-objects
change-of-constitution · CC04
2017-06-05
📄
capital-cancellation-shares
capital · SH06
2017-06-05
📄
capital-return-purchase-own-shares
capital · SH03
2016-12-05
📄
change-person-director-company-with-change-date
officers · CH01
2016-08-19
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-11-27
🏢
Company incorporated
As FORSYTH LEGAL LIMITED
2009-11-27
➕
FORSYTH, Alison Jane appointed
director
2009-11-27
➕
COSEC LIMITED appointed
corporate-secretary
2009-11-27
➖
COSEC LIMITED resigned
corporate-secretary
2009-11-27
➕
MCMEEKIN, James Stuart appointed
director
2009-11-27
➖
MCMEEKIN, James Stuart resigned
director
2009-11-27
➕
COSEC LIMITED appointed
corporate-director
2009-11-27
➖
COSEC LIMITED resigned
corporate-director

Owner dependency

100/100

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.
+Founder name in company name: Company name contains director surname "FORSYTH" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100

Strong succession signal

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

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 16 years.
secondaryStable-but-static management: Company is 16 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
Ms Alison Jane Forsyth Individual · British · DOB 02/1972 · age 54	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

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 · Professional services · G postcode area

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FUTURE BY INSECTS LIMITED→ SC690632 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
FYNTO LIMITED→ SC858986 · est 2025 · no financials extracted	—	—	—	—	—	—	—
GAIN ADVANTAGE LTD→ SC474763 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
GANESH PRASAD LTD→ SC878994 · est 2026 · no financials extracted	—	—	—	—	—	—	—
GARVIE DRAUGHTING SERVICES (SCOTLAND) LIMITED→ SC333488 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
GC RENEWABLE CONSULTING LTD→ SC728577 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
GCC PARKING LTD→ SC735357 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
GEFRI LIMITED→ SC820782 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
GEMMELL & CO WEALTH MANAGEMENT LTD→ SC506624 · est 2015 · no financials extracted	—	—	—	—	10y	—	—

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

Incorporated2009-11-27

Jurisdictionscotland

Primary SIC69109 — Activities of patent and copyright agents; other legal activities

Registered office

6th Floor Gordon Chambers

90 Mitchell Street

Glasgow

G1 3NQ

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2026-12-11

Last: 2025-11-27

Officers (1 active · 3 resigned)

FORSYTH, Alison Jane→

director · ~54y · appointed 2009-11-27

View their other companies + combined net worth →

Active

COSEC LIMITED→

corporate-secretary · appointed 2009-11-27 · resigned 2009-11-27

Resigned

MCMEEKIN, James Stuart→

director · ~59y · appointed 2009-11-27 · resigned 2009-11-27

Resigned

COSEC LIMITED→

corporate-director · appointed 2009-11-27 · resigned 2009-11-27

Resigned

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