FORWARD RESOURCES LTD
🌿Early-stageactive
SC741992 · ltd · incorporated 2022-08-22
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Engineering design activities for industrial process and production
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
- 71122Engineering related scientific and technical consulting activities
Investor take
PursueStrong opportunity: active trading company 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. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (76/100)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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
7 filings
60
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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-08-31 | 2024-08-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
- 2026-04-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-03-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-22🏢Company incorporatedAs FORWARD RESOURCES LTD
- 2022-08-22➕EDWARD, Kenneth Neil Mcrae appointeddirector
- 2022-08-22➕EDWARD, Pamela Kathleen appointeddirector
- 2022-08-22📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kenneth Neil Mcrae Edward Individual · British · DOB 03/1980 · age 46 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 22/08/2022 |
Mrs Pamela Kathleen Edward Individual · British · DOB 10/1982 · age 44 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 22/08/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Professional services · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GENERAL OCEANS UK HOLDINGS LTD→ SC308386 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| GJB ENGINEERING LTD→ SC622029 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| GLACIER INSPECTION SERVICES UK LIMITED→ SC470270 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| GLEN GROUP BENEFITS LIMITED→ SC735751 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| GLENURY MARINE LIMITED→ SC740340 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| GLOBAL ENGINEERING & CONTROL SOLUTIONS LIMITED→ SC560668 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| GLOBAL QUALITY CONSULTANCY LTD→ SC648641 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GLOBAL TECH SAFETY LIMITED→ SC797918 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| GLOBAT OIL AND GAS SKILLS UK LIMITED→ SC858792 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GMECH SCOTLAND LTD→ SC849947 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GMW PLANNING SOLUTIONS LTD→ SC880217 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| GOLEARN GLOBAL LTD→ SC616105 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2022-08-22
Jurisdictionscotland
Primary SIC71121 — Engineering design activities for industrial process and production
Registered office
Piketillum
Oldmeldrum
Inverurie
AB51 0BT
Scotland
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-09-04
Last: 2025-08-21
Officers (2 active · 0 resigned)
EDWARD, Kenneth Neil Mcrae→
Activedirector · ~46y · appointed 2022-08-22
View their other companies + combined net worth →
EDWARD, Pamela Kathleen→
Activedirector · ~44y · appointed 2022-08-22
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (7 total)
accounts-with-accounts-type-dormant
accounts · AA
2026-04-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-26
accounts-with-accounts-type-dormant
accounts · AA
2025-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-26
incorporation-company
incorporation · NEWINC
2022-08-22