FORSYTH MARINE CONSULTANCY LTD

⚰️Wound downliquidation
SC709364 · ltd · incorporated 2021-09-13
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
year to Sept 2023
Net worth
£1.6k
book net assets
Opportunity
30/100
Pass
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What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 30/100 (pass), bankability 15/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

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
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
30/100Pass
PassWatchWorth a lookStrongExceptional 

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
13
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,551
Net assets shrinking
Down £75,891 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£2k
↓ 98% YoY
Current Assets
£75k
Current Liabilities
£0£15k£31k£46k£62k£77kSept 2022Sept 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-09-302022-09-30
Total assets£1.6k£117.7k
Current assets£75.3k
Net assets£1.6k£77.4k

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

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. 2025-01-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-01-16
    ⚠️
    liquidation-compulsory-notice-winding-up-order-court-scotland
    insolvency · WU01(Scot)
  3. 2024-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-08-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-12-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2022-11-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2021-09-13
    🏢
    Company incorporated
    As FORSYTH MARINE CONSULTANCY LTD
  8. 2021-09-13
    FORSYTH, Gavin appointed
    director
  9. 2021-09-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-06-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-09-26

Company in liquidation
high

Company is actively being wound up. Not a going concern.

1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-01-16: liquidation-compulsory-notice-winding-up-order-court-scotland

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Gavin Forsyth
Individual · Scottish · DOB 12/1977 · age 49
75100%
75-100% shares13/09/2021

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

13 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

Statusliquidation
Typeltd
Incorporated2021-09-13
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

C/O Azets Titanium 1
King's Inch Place
Renfrew
PA4 8WF

Filing status

Accounts
Next due: 2025-06-30OVERDUE
Last made up to: 2023-09-30
Confirmation statement
Next due: 2025-09-26OVERDUE
Last: 2024-09-12

Officers (1 active · 0 resigned)

FORSYTH, Gavin
director · ~49y · appointed 2021-09-13
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-27
liquidation-compulsory-notice-winding-up-order-court-scotland
insolvency · WU01(Scot)
2025-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-13
gazette-filings-brought-up-to-date
gazette · DISS40
2022-12-07
gazette-notice-compulsory
gazette · GAZ1
2022-11-29
incorporation-company
incorporation · NEWINC
2021-09-13