FORSTER PROPERTY LIMITED

💤Zombieactive
SC537069 · ltd · incorporated 2016-06-03
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.
Why now
Window steady · medium confidence
Mixed signals — 1 changes over 30 days, no clear direction yet.
  • · Filings: 24 → 25
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • ↑Filings: 24 → 25
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
—
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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

1 live charge · oldest 9.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 9.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (85/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

3 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jun 2023Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-292024-06-292023-06-29
Average employees000

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

🔒Filing-note intelligence

2 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
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-08-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-08-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-03-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-02-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2017-11-10
    ➖
    FORSTER, Davin Iain resigned
    secretary
  14. 2017-11-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2017-10-31
    📄
    legacy
    miscellaneous · RP04CS01
  16. 2016-12-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2016-12-22
    🔒
    Charge registered #1
    Lender: Shawbrook Bank Limited
  18. 2016-06-03
    🏢
    Company incorporated
    As FORSTER PROPERTY LIMITED
  19. 2016-06-03
    ➕
    FORSTER, David appointed
    director
  20. 2016-06-03
    ➕
    FORSTER, Davin Iain appointed
    secretary

Owner dependency

98/100
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 "FORSTER" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

70/100
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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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%
NameSharesVoting rightsNature of controlNotified
Mr David Forster
Individual · British · DOB 06/1963 · age 63
75–100%
75–100%board control75-100% shares · 75-100% voting · board control02/07/2016

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 →

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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
Incorporated2016-06-03
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Castleben
Lauriston
St Cyrus
Angus
DD10 0DJ
United Kingdom

Filing status

Accounts
Next due: 2027-03-29
Last made up to: 2025-06-29
Confirmation statement
Next due: 2027-06-17
Last: 2026-06-03

Officers (1 active · 1 resigned)

FORSTER, David→
director · ~63y · appointed 2016-06-03
View their other companies + combined net worth →
Active
FORSTER, Davin Iain→
secretary · appointed 2016-06-03 · resigned 2017-11-10
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property22/12/2016—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (26 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-18
gazette-filings-brought-up-to-date
gazette · DISS40
2025-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-22
gazette-notice-compulsory
gazette · GAZ1
2025-08-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-09