PRO FORESTRY SCOTLAND LTD

💤Zombieactive
SC739719 · ltd · incorporated 2022-07-29
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
£5.7k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: SIC 02100
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 02400SIC 02400
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. 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 (58/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £5,714
Net assets shrinking
Down £424 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£6k
↓ 6.9% YoY
Current Assets
£27k
↓ 28% YoY
Current Liabilities
£0£8k£15k£23k£30k£38kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-07-312023-07-31
Total assets£25.7k£6.1k
Current assets£27.0k£37.6k
Net assets£5.7k£6.1k

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
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 (15 events)Click to expand
  1. 2025-06-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-06-08
    BAKIS, Janis resigned
    director
  5. 2024-06-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-06-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2024-05-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2024-05-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-10-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-10-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-08-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2022-08-28
    BAKIS, Janis appointed
    director
  13. 2022-07-29
    🏢
    Company incorporated
    As PRO FORESTRY SCOTLAND LTD
  14. 2022-07-29
    STEFANOVICS, Ivars appointed
    director
  15. 2022-07-29
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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

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 Ivars Stefanovics
Individual · Latvian · DOB 06/1984 · age 42
75100%
75–100%board control75-100% shares · 75-100% voting · board control29/07/2022
1 historic (ceased) PSC
  • Mr Janis Bakisceased 08/06/2024· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Agriculture · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ASSYNT CROFTERS TRUST LIMITED
SC140205 · est 1992
333y8388y
BLUE MOTION FISHING CO. LIMITED
SC357414 · est 2009
£762.9k17y8362y
BURGIE LODGE FARMS LIMITED
SC031556 · est 1956
£1.67M69y8373y
CAWDOR FORESTRY LIMITED
SC218848 · est 2001
£468.9k24y8364y
DINGWALL & HIGHLAND MARTS LIMITED
SC154876 · est 1994
3931y8381y
EASTER ROSS FARMERS LIMITED
SC060125 · est 1976
10049y8395y
GLENROSSAL LIMITED
SC351176 · est 2008
£2.77M17y8388y
KINGSBURGH FOREST TRUST
SC227429 · est 2002 · no financials extracted
24y8375y
MJM (FARMERS) LIMITED
SC288996 · est 2005
£1.80M20y8371y
SPYNIE FARMERS LIMITED
SC113051 · est 1988 · no financials extracted
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STRATHNAIRN COMMUNITY WOODLANDS
SC228026 · est 2002 · no financials extracted
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TARTAN TIMBER HARVESTING LTD
SC849444 · est 2025 · no financials extracted
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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2022-07-29
Jurisdictionscotland
Primary SIC02100 — SIC 02100

Registered office

6 Caulfield Avenue
Inverness
IV2 5GA
Scotland

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2027-04-24
Last: 2026-04-10

Officers (1 active · 1 resigned)

STEFANOVICS, Ivars
director · ~42y · appointed 2022-07-29
View their other companies + combined net worth →
Active
BAKIS, Janis
director · ~37y · appointed 2022-08-28 · resigned 2024-06-08
Resigned

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

Recent filings (15 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-29
termination-director-company-with-name-termination-date
officers · TM01
2024-06-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-05-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-07
appoint-person-director-company-with-name-date
officers · AP01
2022-08-29
incorporation-company
incorporation · NEWINC
2022-07-29