FORESTGATE LOGISTICS HOLDING LIMITED

💤Zombieactive
SC753434 · ltd · incorporated 2022-12-19
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: 10 → 11
What changed my view
Last 30 days

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

  • Filings: 1011
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 Dec 2024
Net worth
book net assets
Opportunity
70/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 50200
Sector: Transportation & storage
ALSO REGISTERED FOR
  • 52101SIC 52101
  • 52241SIC 52241
  • 52290Other transportation support activities
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 70/100 (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 (70/100)

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

Company profile
address, 4 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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
Network not yet resolved
30
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-31
Average employees100

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
1
filing
  • 1 address
Last 180 days
3
filings
  • 1 address
  • 1 accounts
  • 1 capital
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-06-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-03-18
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  3. 2026-01-14
    📄
    capital-alter-shares-consolidation-subdivision
    capital · SH02
  4. 2025-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-08-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-08-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-09-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-12-19
    🏢
    Company incorporated
    As FORESTGATE LOGISTICS HOLDING LIMITED
  9. 2022-12-19
    AGBOR, Kenny Obun appointed
    director
  10. 2022-12-19
    📄
    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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Kenny Obun Agbor
Individual · Nigerian · DOB 09/1973 · age 53
75100%
75–100%board control75-100% shares · 75-100% voting · board control19/12/2022

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

Similar companies

Active · Transport & logistics · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CARNTYNE TRANSPORT COMPANY LIMITED
SC032077 · est 1957
£18.37M
£13.78M£22.96M
34269y8889y
STEDER GROUP (UK) LIMITED
SC514277 · est 2015
£13.09M
£9.82M£16.37M
6410y8559y
TBR GLOBAL LIMITED
SC466687 · est 2014
£7.53M
£5.65M£9.42M
2312y8363y
ACCIDON'T LIMITED
SC196265 · est 1999
£1.85M
£1.38M£2.31M
827y8261y
AIR CHARTER SCOTLAND LIMITED
SC303971 · est 2006
£574.2k20y8365y
B & G CONTRACTS LIMITED
SC254571 · est 2003
£600.0k22y8371y
GARELOCHHEAD MINIBUSES & COACHES LTD.
SC203633 · est 2000
340026y8360y
ABBEY COACHES LTD.
SC215576 · est 2001
220025y8273y
AMS SCOTLAND LIMITED
SC312105 · est 2006
110019y8278y
AVIATION WEST LIMITED
SC130129 · est 1991
£74.5k35y8273y
AVONDALE 2 LIMITED
SC210715 · est 2000
£47.6k25y8266y
COLIN DIVENS (STEPPS) LIMITED
SC124089 · est 1990
£201.1k36y8281y
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
Incorporated2022-12-19
Jurisdictionscotland
Primary SIC50200 — SIC 50200

Registered office

Flat 0/2. 2 Training Place. Jordanhill Park. Glasg
Training Place
Glasgow
G13 1SZ
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-01
Last: 2025-12-18

Officers (1 active · 0 resigned)

AGBOR, Kenny Obun
director · ~53y · appointed 2022-12-19
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-06-01
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2026-03-18
capital-alter-shares-consolidation-subdivision
capital · SH02
2026-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-29
incorporation-company
incorporation · NEWINC
2022-12-19