FORTHWIND LIMITED

🌳Matureactive
SC470580 · ltd · incorporated 2014-02-20
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 12.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 12.1y

85/100
ready

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

  • · Oldest live charge is 12.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees200200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-21
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2024-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-12-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-11-07
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  7. 2022-11-07
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  8. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-05-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2022-05-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2021-05-17
    📄
    capital-alter-shares-subdivision
    capital · SH02
  12. 2021-05-12
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  13. 2021-05-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-05-12
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  15. 2021-05-06
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2021-05-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-03-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  18. 2021-03-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2020-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-03-12
    🔓
    Charge satisfied #1
  21. 2018-12-10
    ➕
    HARPER, Scott appointed
    director
  22. 2018-03-19
    ➖
    PEELS, Huibertus Cornelis resigned
    director
  23. 2014-03-05
    🔒
    Charge registered #1
    Lender: Scottish Enterprise Established Under the Enterprise & New Towns (Scotland) Act 1990
  24. 2014-02-20
    🏢
    Company incorporated
    As FORTHWIND LIMITED
  25. 2014-02-20
    ➕
    JAKOBSSON, Johan Mikael appointed
    director
  26. 2014-02-20
    ➕
    PEELS, Huibertus Cornelis appointed
    director

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. 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 12 years.
  • 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.)

Group structure

Cierco Ltd. is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Cierco Ltd.
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
FORTHWIND LIMITED
This company · SC470580

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Cierco Ltd.
Corporate entity
75–100%
—board control75-100% shares · board control31/12/2020
2 historic (ceased) PSCs
  • Cierco Projects Ltd.ceased 31/12/2020· 75-100% shares
  • Cierco Ltd.ceased 01/02/2019· 75-100% shares · 75-100% voting · board control

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 · Energy & utilities · KY postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BRIGGS ENVIRONMENTAL SERVICES LIMITED→
SC110121 · est 1988
£2.71M
£1.95M–£3.47M
£4.33M—590038y8787y
BLAIRHILL WATER POWER LIMITED→
SC134402 · est 1991
———334y8364y
EB FARM LIMITED→
SC296637 · est 2006
———320y8360y
A & R BREWSTER LIMITED→
SC368427 · est 2009
————16y8267y
ANDREW COOK (CONTAINERS) LIMITED→
SC125144 · est 1990
——£457.3k—35y8294y
GREENLEAF RENEWABLES LIMITED→
SC392732 · est 2011
———415y8261y
J C ENVIRONMENTAL SOLUTIONS LTD→
SC349921 · est 2008
———2517y8258y
LIVING WATER ECOSYSTEMS LTD.→
SC181843 · est 1997
———50028y8267y
SLATACH HYDRO POWER LIMITED→
SC349289 · est 2008
———017y8271y
THOMAS MUIR (ROSYTH) LTD→
SC379767 · est 2010
——£1.24M—15y8276y
BALMONTH ENERGY LIMITED→
SC465276 · est 2013
——£1.15M—12y8065y
DUNDEE DECOMMISSIONING LIMITED→
SC435647 · est 2012 · no financials extracted
————13y8063y
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
Incorporated2014-02-20
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

The Boathouse Hawkcraig
Aberdour
Burntisland
Fife
KY3 0TZ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-06
Last: 2026-02-20

Officers (2 active · 1 resigned)

HARPER, Scott→
director · ~57y · appointed 2018-12-10
View their other companies + combined net worth →
Active
JAKOBSSON, Johan Mikael→
director · ~63y · appointed 2014-02-20
View their other companies + combined net worth →
Active
PEELS, Huibertus Cornelis→
director · ~63y · appointed 2014-02-20 · resigned 2018-03-19
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Scottish Enterprise Established Under the Enterprise & New Towns (Scotland) Act 1990
A registered charge1 property05/03/201412/03/2019

Recent filings (49 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-06
gazette-filings-brought-up-to-date
gazette · DISS40
2024-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
gazette-notice-compulsory
gazette · GAZ1
2024-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-06
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2022-11-07
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2022-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
gazette-filings-brought-up-to-date
gazette · DISS40
2022-05-17
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-14
gazette-notice-compulsory
gazette · GAZ1
2022-05-10