FORESTRY RESTORATION SERVICES LTD

💤Zombieactive
SC603838 · ltd · incorporated 2018-07-30
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
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Turnover
year to Jul 2024
Net worth
£236.5k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: SIC 02400
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Asset-holding vehicle with a 76-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 76). 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).

Data confidence

Overall: high (80/100)

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £236,537
Cash YoY
+20%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£262k
↑ 20% YoY
Net Worth
£237k
↑ 17% YoY
Current Assets
£431k
↑ 90% YoY
Current Liabilities
£0£86k£172k£259k£345k£431kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Total assets£236.5k£202.9k
Current assets£431.2k£226.5k
Cash£261.6k£217.4k
Debtors£169.6k£9.2k
Net assets£236.5k£202.9k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2025-04-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-04-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-02-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2021-12-06
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2020-11-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2020-03-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2018-07-30
    🏢
    Company incorporated
    As FORESTRY RESTORATION SERVICES LTD
  8. 2018-07-30
    SWEENEY, Thomas Francis Gerrard appointed
    director
  9. 2018-07-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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 age: Director aged approximately 76 — succession pressure is live.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 Thomas Francis Gerrard Sweeney
Individual · British · DOB 10/1950 · age 76
75100%
75–100%board control75-100% shares · 75-100% voting · board control30/07/2018

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

8 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.

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Company details

Statusactive
Typeltd
Incorporated2018-07-30
Jurisdictionscotland
Primary SIC02400 — SIC 02400

Registered office

22 Backbrae Street Kilsyth
Glasgow
Lanarkshire
G65 0NH
United Kingdom

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-08-12
Last: 2025-07-29

Officers (1 active · 0 resigned)

SWEENEY, Thomas Francis Gerrard
director · ~76y · appointed 2018-07-30
View their other companies + combined net worth →
Active

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

Recent filings (14 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-09
incorporation-company
incorporation · NEWINC
2018-07-30