FREDERICK'S ICE CREAM LIMITED

🌳Matureactive

04805086 · ltd · incorporated 2003-06-19

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 11.3y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Oct 2024

Net worth

£398.5k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: SIC 10520

Sector: Manufacturing

Investor take

Pursue

Asset-holding vehicle with a 78-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 78). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 11.3y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 11.3 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

8 officers (5 active, 8 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

82 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £398,540

Net assets shrinking

Down £17,678 YoY

Cash YoY

-7%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£247k

↓ 7.3% YoY

Net Worth

£399k

↓ 4.2% YoY

Current Assets

£407k

↓ 11% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-10-31	2023-10-31
Total assets	£433.0k	£452.2k
Current assets	£406.5k	£454.7k
Cash	£246.6k	£266.0k
Debtors	£94.0k	£122.3k
Net assets	£398.5k	£416.2k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (33 events)Click to expand

2025-07-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-19
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-18
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-07-09
➖
FEDERICI, Anthony Matthew resigned
director
2024-06-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-22
📄
change-person-director-company-with-change-date
officers · CH01
2024-05-22
📄
change-person-director-company-with-change-date
officers · CH01
2024-05-22
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-22
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-05
📄
change-person-director-company-with-change-date
officers · CH01
2020-05-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-19
📄
capital-name-of-class-of-shares
capital · SH08
2020-03-19
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-03-19
🔓
Charge satisfied #1
2020-03-17
📄
resolution
resolution · RESOLUTIONS
2020-02-10
📄
change-person-director-company-with-change-date
officers · CH01
2020-02-10
📄
change-person-director-company-with-change-date
officers · CH01
2015-08-05
➕
FEDERICI, Anthony Louis appointed
director
2015-08-05
➕
ROONEY, Roseanne appointed
director
2015-08-05
➕
TOWNSON, Donna Louisa appointed
director
2015-02-05
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2003-06-19
🏢
Company incorporated
As FREDERICK'S ICE CREAM LIMITED
2003-06-19
➕
ROONEY, Roseanne appointed
secretary
2003-06-19
➕
FEDERICI, Elizabeth appointed
director
2003-06-19
➕
WATERLOW SECRETARIES LIMITED appointed
corporate-nominee-secretary
2003-06-19
➖
WATERLOW SECRETARIES LIMITED resigned
corporate-nominee-secretary
2003-06-19
➕
FEDERICI, Anthony Matthew appointed
director
2003-06-19
➕
WATERLOW NOMINEES LIMITED appointed
corporate-nominee-director
2003-06-19
➖
WATERLOW NOMINEES LIMITED resigned
corporate-nominee-director

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 78 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

Name	Shares	Voting rights	Nature of control	Notified
Mrs Elizabeth Federici Individual · British · DOB 06/1948 · age 78	50–75%	50–75%	50-75% shares · 50-75% voting	06/04/2016

1 historic (ceased) PSC

Mr Anthony Matthew Federiciceased 09/07/2024· 25-50% shares · 25-50% voting

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 →

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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.

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Company details

Statusactive

Typeltd

Incorporated2003-06-19

Jurisdictionengland-wales

Primary SIC10520 — SIC 10520

Registered office

Bolton Road Dairies

Heath Charnock

Chorley

Lancashire

PR7 4AL

Filing status

Accounts

Next due: 2026-07-31

Last made up to: 2024-10-31

Confirmation statement

Next due: 2026-07-03

Last: 2025-06-19