ICON TECHNOLOGY SYSTEMS TRADING LIMITED

💤Zombieactive
09735268 · ltd · incorporated 2015-08-17
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 Dec 2025
Net worth
£-148.6k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 22290
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 69). 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 (73/100).

Data confidence

Overall: high (81/100)

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
Confirmed no charges registered
85
Directors & officers
7 officers (1 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £148,616

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£149k
Current Assets
Current Liabilities
-£149k-£149k-£149k-£149k-£149k-£149kDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-12-312024-12-31
Total assets£-148.6k
Net assets£-148.6k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-04-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-07-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-02-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-03-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-09-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-09-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2020-09-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2019-09-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2018-07-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-03-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2018-03-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2018-02-28
    HORSMAN, Neil Richard resigned
    director
  13. 2017-06-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-09-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2016-09-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2016-09-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2016-08-10
    HORSMAN, Neil Richard appointed
    director
  18. 2016-08-10
    LEE, Matthew John resigned
    director
  19. 2016-07-29
    CROOK, Andy resigned
    director
  20. 2015-12-04
    MARSDEN, Christopher John appointed
    director
  21. 2015-12-04
    CS SECRETARIES LIMITED resigned
    corporate-secretary
  22. 2015-12-04
    CROOK, Andy appointed
    director
  23. 2015-12-04
    LEE, Matthew John appointed
    director
  24. 2015-12-04
    MABON, Sam Grant resigned
    director
  25. 2015-12-04
    CS DIRECTORS LIMITED resigned
    corporate-director
  26. 2015-08-17
    🏢
    Company incorporated
    As ICON TECHNOLOGY SYSTEMS TRADING LIMITED
  27. 2015-08-17
    CS SECRETARIES LIMITED appointed
    corporate-secretary
  28. 2015-08-17
    MABON, Sam Grant appointed
    director
  29. 2015-08-17
    CS DIRECTORS LIMITED appointed
    corporate-director

Owner dependency

90/100
Critical — business is the founder

The 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.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

70/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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.)

Group structure

Icon Technology Systems Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Icon Technology Systems Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ICON TECHNOLOGY SYSTEMS TRADING LIMITED
This company · 09735268

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Icon Technology Systems Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

8 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
Incorporated2015-08-17
Jurisdictionengland-wales
Primary SIC22290 — SIC 22290

Registered office

A C Plastics
Wilson Road
Liverpool
L36 6AN
England

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-08-30
Last: 2025-08-16

Officers (1 active · 6 resigned)

MARSDEN, Christopher John
director · ~69y · appointed 2015-12-04
View their other companies + combined net worth →
Active
CS SECRETARIES LIMITED
corporate-secretary · appointed 2015-08-17 · resigned 2015-12-04
Resigned
CROOK, Andy
director · ~69y · appointed 2015-12-04 · resigned 2016-07-29
Resigned
HORSMAN, Neil Richard
director · ~63y · appointed 2016-08-10 · resigned 2018-02-28
Resigned
LEE, Matthew John
director · ~51y · appointed 2015-12-04 · resigned 2016-08-10
Resigned
MABON, Sam Grant
director · ~53y · appointed 2015-08-17 · resigned 2015-12-04
Resigned
CS DIRECTORS LIMITED
corporate-director · appointed 2015-08-17 · resigned 2015-12-04
Resigned

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

Recent filings (35 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-07
accounts-with-accounts-type-dormant
accounts · AA
2025-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-24
accounts-with-accounts-type-dormant
accounts · AA
2024-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-22
accounts-with-accounts-type-dormant
accounts · AA
2023-03-17
accounts-with-accounts-type-dormant
accounts · AA
2022-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-17
accounts-with-accounts-type-dormant
accounts · AA
2021-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-26
accounts-with-accounts-type-dormant
accounts · AA
2020-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-24
accounts-with-accounts-type-dormant
accounts · AA
2019-09-19