FORTHWELL (PUB GROUP) LIMITED

🌳Matureactive
SC477184 · ltd · incorporated 2014-05-08
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£82.0k
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

8 live charges · 3 lenders · oldest 12.2y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 12.2 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (90/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £81,966
Net assets shrinking
Down £5,942 YoY

Key financials

3 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£82k
↓ 6.8% YoY
Current Assets
£112k
↓ 8.1% YoY
Current Liabilities
—
£0£24k£49k£73k£97k£122kJun 2023Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-302023-06-30
Total assets£82.0k£87.9k£67.5k
Current assets£111.8k£121.6k£95.4k
Debtors£111.8k£121.6k£95.4k
Net assets£82.0k£87.9k£67.5k

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 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
3
filings
  • • 1 accounts
  • • 1 officers
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-01-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-01-20
    ➕
    MORTIMER, William James Colin appointed
    director
  4. 2025-12-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-12-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-12-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-02-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  12. 2022-02-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2022-02-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2021-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-04-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  16. 2021-04-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2021-04-13
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  18. 2020-12-22
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  19. 2020-12-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2014-07-16
    🔒
    Charge registered #8
    Lender: Heineken UK Limited
  21. 2014-07-12
    🔓
    Charge satisfied #5
  22. 2014-07-12
    🔓
    Charge satisfied #4
  23. 2014-07-12
    🔓
    Charge satisfied #3
  24. 2014-07-12
    🔓
    Charge satisfied #2
  25. 2014-07-12
    🔓
    Charge satisfied #1
  26. 2014-07-04
    🔒
    Charge registered #6
    Lender: Heneken UK Limited
  27. 2014-06-24
    🔒
    Charge registered #7
    Lender: Heineken UK Limited
  28. 2014-05-28
    🔒
    Charge registered #5
    Lender: Ortus Secured Finance I Limited
  29. 2014-05-28
    🔒
    Charge registered #4
    Lender: Ortus Secured Finance I Limited
  30. 2014-05-28
    🔒
    Charge registered #3
    Lender: Ortus Secured Finance I Limited
  31. 2014-05-28
    🔒
    Charge registered #2
    Lender: Ortus Secured Finance I Limited
  32. 2014-05-19
    🔒
    Charge registered #1
    Lender: Ortus Secured Finance I Limited
  33. 2014-05-08
    🏢
    Company incorporated
    As FORTHWELL (PUB GROUP) LIMITED
  34. 2014-05-08
    ➕
    MORTIMER, Lynn appointed
    secretary
  35. 2014-05-08
    ➕
    HUNTER, Annette appointed
    director
  36. 2014-05-08
    ➕
    MORTIMER, Lynn 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
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Aghoco 5010 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Aghoco 5010 Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
FORTHWELL (PUB GROUP) LIMITED
This company · SC477184

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
Aghoco 5010 Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control23/07/2019
1 historic (ceased) PSC
  • Miss Lynn Mortimerceased 23/07/2019· significant influence · trust interest

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 →

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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
Incorporated2014-05-08
Jurisdictionscotland
Primary SIC77390 — Renting and leasing of other machinery, equipment and tangible goods n.e.c.

Registered office

89 Seaward Street
Kinning Park
Glasgow
G41 1HJ
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-12-28
Last: 2025-12-14

Officers (4 active · 0 resigned)

MORTIMER, Lynn→
secretary · appointed 2014-05-08
View their other companies + combined net worth →
Active
HUNTER, Annette→
director · ~60y · appointed 2014-05-08
View their other companies + combined net worth →
Active
MORTIMER, Lynn→
director · ~59y · appointed 2014-05-08
View their other companies + combined net worth →
Active
MORTIMER, William James Colin→
director · ~29y · appointed 2026-01-20
View their other companies + combined net worth →
Active

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

Mortgages & charges

8
Total charges
3
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Heineken UK
Heineken UK Limited
A registered charge4 properties16/07/2014—
outstanding
Heneken UK
Heneken UK Limited
A registered charge—04/07/2014—
outstanding
Heineken UK
Heineken UK Limited
A registered charge1 property24/06/2014—
satisfied
Ortus Secured Finance I
Ortus Secured Finance I Limited
A registered charge1 property28/05/201412/07/2014
satisfied
Ortus Secured Finance I
Ortus Secured Finance I Limited
A registered charge1 property28/05/201412/07/2014
satisfied
Ortus Secured Finance I
Ortus Secured Finance I Limited
A registered charge1 property28/05/201412/07/2014
satisfied
Ortus Secured Finance I
Ortus Secured Finance I Limited
A registered charge3 properties28/05/201412/07/2014
satisfied
Ortus Secured Finance I
Ortus Secured Finance I Limited
A registered charge—19/05/201412/07/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (52 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-29
appoint-person-director-company-with-name-date
officers · AP01
2026-01-28
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-20
change-person-director-company-with-change-date
officers · CH01
2025-12-18
change-person-director-company-with-change-date
officers · CH01
2025-12-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-02