IBEX FREEWAY LIMITED
💤Zombieactive
07264478 · ltd · incorporated 2010-05-25
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£263.0k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Electrical installation
Sector: Construction
ALSO REGISTERED FOR
- 43999Other specialised construction activities n.e.c.
- 68100Buying and selling of own real estate
- 70229Management consultancy activities other than financial management
Investor take
PursueStrong opportunity: asset-holding vehicle 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: 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 (78/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
62 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
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £263,047
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£263k
↑ 8.6% YoY
Current Assets
£174k
↑ 12% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £263.0k | £242.3k |
| Current assets | £173.5k | £154.9k |
| Net assets | £263.0k | £242.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 gazette
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-03-14📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-03-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-01-20📄gazette-notice-compulsorygazette · GAZ1
- 2025-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-22📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-01-17📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2025-01-14📄gazette-notice-compulsorygazette · GAZ1
- 2024-08-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-08-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-08-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-02📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-01-16📄gazette-notice-compulsorygazette · GAZ1
- 2023-08-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2011-05-25➖IBEKWE, Chris, Dr resignedsecretary
- 2010-05-25🏢Company incorporatedAs IBEX FREEWAY LIMITED
- 2010-05-25➕IBEKWE, Chris, Dr appointeddirector
- 2010-05-25➕IBEKWE, Chris, Dr appointedsecretary
Owner dependency
85/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 16 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
cleanNo 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 |
|---|---|---|---|---|
Mr Chris Ibekwe Individual · British · DOB 04/1987 · age 39 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control · trust interest · firm interest | 27/06/2024 |
1 historic (ceased) PSC
- Freeway Group Ukceased 27/06/2024· 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 →Similar companies
Active · Construction · M postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ABDULLAH MOQBEL FOR TRADING AND CONTRACTING LTD→ 16558808 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACE BUILDERS MCR LTD→ 10225767 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACE ECO SOLUTIONS LTD→ 15493540 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADK 24HR BUILDING MAINTENANCE LTD→ 08572207 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ADL GROUNDWORKS LTD→ 12926814 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADM DESIGN AND BUILD LTD→ 16467318 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADMV LTD→ 14497060 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADP RENOVATIONS LIMITED→ 16860115 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADS WINDOWS (NE) LTD→ 16278617 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVANCE BUILDING & WINDOW (UK) LIMITED→ 14217485 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADVANCE WINDOWS REPAIR LTD→ 11297539 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ADVANCED CLADDING SYSTEMS LTD→ 15980984 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2010-05-25
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation
Registered office
24 New Devonshire Square
Manchester
M7 4AD
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25
Officers (1 active · 1 resigned)
IBEKWE, Chris, Dr→
Activedirector · ~39y · appointed 2010-05-25
View their other companies + combined net worth →
IBEKWE, Chris, Dr→
Resignedsecretary · appointed 2010-05-25 · resigned 2011-05-25
Click a director name to see their full track record across all companies.
Recent filings (62 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-19
gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-14
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-13
gazette-notice-compulsory
gazette · GAZ1
2026-01-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
gazette-filings-brought-up-to-date
gazette · DISS40
2025-01-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-21
change-sail-address-company-with-old-address-new-address
address · AD02
2025-01-17
gazette-notice-compulsory
gazette · GAZ1
2025-01-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-08-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-29
gazette-filings-brought-up-to-date
gazette · DISS40
2024-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-01