IGLO PROPERTIES LTD
- 41201Construction of commercial buildings
Opportunity 75/100 (strong), bankability 85/100. Strong seller-intent signal (70/100, director aged 74). 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).
Refinance opportunity
4 live charges · oldest 2.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.0 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £305.4k | £326.4k |
| Current assets | £252.6k | £491.3k |
| Cash | £127.0k | £42.7k |
| Debtors | £125.6k | £9.8k |
| Net assets | £252.9k | £290.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 2 mortgage
- • 1 confirmation-statement
Corporate timeline (29 events)Click to expand
- 2026-03-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-04🔓Charge satisfied #4
- 2026-03-04🔓Charge satisfied #1
- 2025-10-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-12🔓Charge satisfied #3
- 2025-09-12🔓Charge satisfied #2
- 2024-06-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-14🔒Charge registered #4Lender: Spf Bridging LTD
- 2024-06-14🔒Charge registered #3Lender: Spf Bridging LTD
- 2024-06-14🔒Charge registered #2Lender: Spf Bridging LTD
- 2024-06-14🔒Charge registered #1Lender: Spf Bridging LTD
- 2024-06-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-09-16📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2022-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-06📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2022-02-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-02-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-02-06📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2021-08-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-01-27🏢Company incorporatedAs IGLO PROPERTIES LTD
- 2017-01-27➕SYKES, Colin Hunter appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 74 — succession pressure is live.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Chs Assets Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Chs Assets Ltd Corporate entity | 75–100% | — | 75-100% shares | 16/09/2023 |
1 historic (ceased) PSC
- Mr Colin Hunter Sykesceased 06/02/2022· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
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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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Spf Bridging Spf Bridging LTD | A registered charge | 3 properties | 14/06/2024 | 04/03/2026 | |
| satisfied | Spf Bridging Spf Bridging LTD | A registered charge | 3 properties | 14/06/2024 | 12/09/2025 | |
| satisfied | Spf Bridging Spf Bridging LTD | A registered charge | 3 properties | 14/06/2024 | 12/09/2025 | |
| satisfied | Spf Bridging Spf Bridging LTD | A registered charge | 2 properties | 14/06/2024 | 04/03/2026 |