The Accounts Companies House intelligence

FORSYTHS LIMITED

#SC062416 · Active · Group / consolidated · Incorporated 1977-05-30 (49y) · Last filing 2025-12-24 (5mo ago)
Industrials · SIC 25110 · C Manufacturing · Group accounts

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Next accounts due

2026-07-31 (in 2mo)

Last filed for 2024-10-31

Confirmation statement due

2026-08-28 (in 3mo)

Last made up 2025-08-14

Watchouts

1 item

Cash

£32M

Latest balance sheet

Net assets

£68M

Equity attributable

Employees

506

Average over period

Profit before tax

£14M

Period ending 2024-10-31

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 1 time since incorporation

  1. FORSYTHS LIMITED 1998-06-01 → present
  2. A FORSYTH & SON (ROTHES) LIMITED 1977-05-30 → 1998-06-01

Accounts

2-year trend · latest reflected 2024-10-31

Metric Trend 2023-10-312024-10-31
Turnover £73,437,027£100,741,331
Operating profit £7,377,709£12,862,825
Profit before tax £8,977,186£13,725,220
Net profit £6,576,820£9,282,116
Cash £26,093,560£31,909,330
Total assets less current liabilities £62,345,026£69,995,964
Net assets £60,136,406£68,118,522
Equity £60,136,406£68,118,522
Average employees 429506
Wages £19,980,893£26,475,296

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-10-312024-10-31
Operating margin 10.0%12.8%
Net margin 9.0%9.2%
Return on capital employed 11.8%18.4%
Current ratio 1.70x1.56x
Interest cover 46694.36x682.81x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Johnston Carmichael LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group or parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

  1. FORSYTHS LIMITED · parent
    1. Forblast Limited 100% · Scotland · Dormant
    2. Grant & Anderson Limited 100% · Scotland · Joinery, building and scaffolding services
    3. Grants (Dufftown) Limited 100% · Scotland · Electrical and plumbing contracting
    4. Northern Fabricators Limited 100% · Scotland · General engineers
    5. Caledonia Casks Limited 100% · Scotland · Whisky brokerage and cask management
    6. Joseph Brown Vats of Dufftown Limited 100% · Scotland · Cooperage services
    7. Forsyths Coppersmiths Limited 100% · Ireland · Coppersmithing and stainless and mild steel fabricating
    8. Spey Properties Limited 100% · Scotland · Property management
    9. Allen Associates Holdings Limited 100% · Scotland · Holding company
    10. Allen Associates (H.P.E.) Limited 100% · Scotland · Engineering design activities
    11. Allen Associates (Systems) Ltd 100% · Scotland · Manufacturing of machinery
    12. Wooden Whisky Stills Ltd 100% · Scotland · Dormant
    13. Greenstills Associates Limited 51% · Scotland · Engineering design activities
    14. GSF Group Limited 100% · Scotland · Holding company
    15. L H Stainless Limited 100% · Scotland · Manufacturing of steel products
    16. Speyside Copper Works Limited 100% · Scotland · Manufacturing of copper products
    17. McKerron & Milne Limited 100% · Scotland · Plumbing & Roofing

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

6 active · 7 resigned

Name Role Appointed Born Nationality
TOOVEY, Fiona Catherine Secretary 2012-12-24 — British
FORSYTH, Heather Anne Director 2009-03-03 Apr 1953 British
FORSYTH, Richard Ernest Director 2008-09-01 Sep 1979 British
FORSYTH, Richard Director — Sep 1951 British
GRANT, Neil Alexander Director 2012-12-24 Jul 1967 British
TOOVEY, Fiona Catherine Director 2024-10-04 Nov 1975 British
Show 7 resigned officers
Name Role Appointed Resigned
FORSYTH, Heather Secretary 2011-10-11 2012-12-24
MCLENNAN, Margery Anne Secretary — 2010-12-17
FORSYTH, William Director — 2008-07-17
JOHNSTON, Derek William Director 2012-12-24 2024-07-05
MCLENNAN, Margery Anne Director 1998-03-16 2010-12-17
MURRAY, John Alexander Director — 1995-01-31
SCOTT, Kenneth Director 1998-03-16 2012-02-17

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Richard Forsyth Individual Shares 50–75%, Voting 50–75%, Appoints directors, Significant influence 2016-04-06 Ceased 2025-12-24
Mr Richard Ernest Forsyth Individual Significant influence 2016-04-06 Active

Filing timeline

Last 20 of 127 total filings

Date Type Category Description
2025-12-24 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-09-03 MR01 mortgage Mortgage create with deed with charge number charge creation date
2025-08-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-08-01 AA accounts Accounts with accounts type group
2024-12-18 MR04 mortgage Mortgage satisfy charge full PDF
2024-12-18 MR04 mortgage Mortgage satisfy charge full PDF
2024-10-09 AP01 officers Appoint person director company with name date PDF
2024-08-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-01 AA accounts Accounts with accounts type group
2024-07-08 TM01 officers Termination director company with name termination date PDF
2023-08-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-08-02 AA accounts Accounts with accounts type group
2022-09-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-08-01 AA accounts Accounts with accounts type group
2021-09-08 CS01 confirmation-statement Confirmation statement with updates PDF
2021-08-02 AA accounts Accounts with accounts type group
2020-11-02 AAMD accounts Accounts amended with accounts type group
2020-10-28 AA accounts Accounts with accounts type group
2020-09-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-08-22 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-10-31 vs 2023-10-31

Year-on-year comparison hidden: this filing's period length differs materially from the prior year.

Official Companies House page