FORSYTH CRAIG LIMITED
🌿Early-stageactive
SC773559 · ltd · incorporated 2023-06-23
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 Mar 2025
Net worth
£153.2k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -99% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · oldest 2.4y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.4 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £153,169
Cash draining
Cash down 99% YoY
Cash YoY
-99%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£348
↓ 99% YoY
Net Worth
£153k
↑ 695% YoY
Current Assets
£383k
↑ 219% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £726.0k | £565.2k |
| Current assets | £383.0k | £120.1k |
| Cash | £348 | £34.6k |
| Debtors | £382.6k | £85.5k |
| Net assets | £153.2k | £-25.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2025-11-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-12📄change-person-director-company-with-change-dateofficers · CH01
- 2025-03-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-08📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-11-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-28🔒Charge registered #3Lender: Bank of Scotland PLC
- 2023-11-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-20📄capital-name-of-class-of-sharescapital · SH08
- 2023-11-17🔒Charge registered #2Lender: Bank of Scotland PLC
- 2023-11-17🔒Charge registered #1Lender: Bank of Scotland PLC
- 2023-11-16📄memorandum-articlesincorporation · MA
- 2023-11-15📄resolutionresolution · RESOLUTIONS
- 2023-11-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-11-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-15📄capital-allotment-sharescapital · SH01
- 2023-11-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-09➕CRAIG, Eleanor appointeddirector
- 2023-11-09➕FORSYTH, Jayne Kathryn appointeddirector
- 2023-08-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-23🏢Company incorporatedAs FORSYTH CRAIG LIMITED
- 2023-06-23➕FORSYTH, Douglas Ross appointeddirector
- 2023-06-23📄incorporation-companyincorporation · NEWINC
Owner dependency
93/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Founder name in company name: Company name contains director surname "CRAIG" — strong identity link between founder and business.
- +Founder age: Director aged approximately 66 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 2.9 years old — management layer unlikely to be developed.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Jayne Kathryn Forsyth Individual · British · DOB 01/1988 · age 38 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 09/11/2023 |
Mr Douglas Ross Forsyth Individual · British · DOB 05/1987 · age 39 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 23/06/2023 |
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 →Similar companies
Active · Retail · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HAGGIS TROTTER LIMITED→ SC687888 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| HARMONIE VENTURES LIMITED→ SC415015 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| HAROON HAYAT LTD→ SC864454 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HIGHLAND CLICKS LTD→ SC809993 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HOOJY LTD→ SC700088 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| HUNTLY TRADING POST LTD→ SC797705 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| HW MACLEOD LTD→ SC833221 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| INFOR-TECH LIMITED→ SC528211 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| INTUERGY LIMITED→ SC252259 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| IVY MATILDA LIMITED→ SC630840 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| IYALODE AFRIQUE BY DOYEN LIMITED→ SC856530 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| J & C LYNCH LTD→ SC789489 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2023-06-23
Jurisdictionscotland
Primary SIC47730 — Dispensing chemist in specialised stores
Registered office
Macduff Pharmacy
157 Duff Street
Macduff
AB44 1PS
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-06
Last: 2025-06-22
Officers (3 active · 0 resigned)
CRAIG, Eleanor→
Activedirector · ~66y · appointed 2023-11-09
View their other companies + combined net worth →
FORSYTH, Douglas Ross→
Activedirector · ~39y · appointed 2023-06-23
View their other companies + combined net worth →
FORSYTH, Jayne Kathryn→
Activedirector · ~38y · appointed 2023-11-09
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 28/11/2023 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 17/11/2023 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 17/11/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (21 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-12
change-person-director-company-with-change-date
officers · CH01
2025-03-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-28
change-account-reference-date-company-current-shortened
accounts · AA01
2024-03-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-24
capital-name-of-class-of-shares
capital · SH08
2023-11-20
memorandum-articles
incorporation · MA
2023-11-16
resolution
resolution · RESOLUTIONS
2023-11-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-11-15