INDUSTRIAL SOFTWARE & CONTROLS LIMITED

🚨Distressedactive
06860705 · ltd · incorporated 2009-03-27
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2023
Net worth
£-1.8k
book net assets
Opportunity
63/100
Worth a look
🔔
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: Engineering design activities for industrial process and production
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 45/100. Strong seller-intent signal (65/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (77/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £1,809
Cash YoY
+3785%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£18k
↑ 3785% YoY
Net Worth
-£2k
↑ 96% YoY
Current Assets
£116k
↑ 196% YoY
Current Liabilities
-£41k-£10k£22k£53k£84k£116kMar 2022Mar 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-03-312022-03-31
Total assets£12.7k£-23.7k
Current assets£115.8k£39.1k
Cash£18.0k£463
Debtors£97.8k£38.7k
Net assets£-1.8k£-41.3k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-07-15
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2025-06-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-04-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2016-12-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-04-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-11-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-04-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-11-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-04-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-11-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2009-06-24
    HART, Sharon resigned
    nominee-secretary
  18. 2009-06-24
    COOK, Michael George resigned
    director
  19. 2009-06-23
    CALVERT, Stephanie appointed
    director
  20. 2009-06-23
    KEEFE, Kevin appointed
    director
  21. 2009-03-27
    🏢
    Company incorporated
    As INDUSTRIAL SOFTWARE & CONTROLS LIMITED
  22. 2009-03-27
    HART, Sharon appointed
    nominee-secretary
  23. 2009-03-27
    COOK, Michael George appointed
    director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

64/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-03-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-10

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Kevin Keefe
Individual · British · DOB 07/1968 · age 58
5075%
50–75%board control50-75% shares · 50-75% voting · board control27/03/2017

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

Similar companies

Active · Professional services · SG postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ARCANA CAPITAL LIMITED
14090319 · est 2022 · no financials extracted
3y
ARGANESE INVESTMENTS LIMITED
14631813 · est 2023 · no financials extracted
3y
ARTISAN ENGINEERING LIMITED
11588220 · est 2018 · no financials extracted
7y
ARUNE LTD
06640789 · est 2008 · no financials extracted
17y
ASHBERG CONSULTING LTD
06944725 · est 2009 · no financials extracted
16y
ASHCROFT CAMERON (UK) LIMITED
02924925 · est 1994 · no financials extracted
31y
ASHENBURY LTD
15702422 · est 2024 · no financials extracted
1y
ASKCHENAI LTD
15517051 · est 2024 · no financials extracted
2y
ASPIRE VOYAGE LIMITED
12296650 · est 2019 · no financials extracted
6y
ASSURANCE RECRUITMENT AGENCY LIMITED
10822420 · est 2017 · no financials extracted
8y
ASTON BLAKE RENEWABLE ENERGY LTD
16119118 · est 2024 · no financials extracted
1y
ASTORIA CARE CONSULTANCY LTD
14237246 · est 2022 · no financials extracted
3y
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
Incorporated2009-03-27
Jurisdictionengland-wales
Primary SIC71121 — Engineering design activities for industrial process and production

Registered office

Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

Filing status

Accounts
Next due: 2025-03-31OVERDUE
Last made up to: 2023-03-31
Confirmation statement
Next due: 2026-04-10OVERDUE
Last: 2025-03-27

Officers (2 active · 2 resigned)

CALVERT, Stephanie
director · ~59y · appointed 2009-06-23
View their other companies + combined net worth →
Active
KEEFE, Kevin
director · ~58y · appointed 2009-06-23
View their other companies + combined net worth →
Active
HART, Sharon
nominee-secretary · appointed 2009-03-27 · resigned 2009-06-24
Resigned
COOK, Michael George
director · ~74y · appointed 2009-03-27 · resigned 2009-06-24
Resigned

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

Recent filings (41 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-07-15
gazette-notice-compulsory
gazette · GAZ1
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-01
confirmation-statement-with-updates
confirmation-statement · CS01
2020-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2019-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-20