8-10 IPB UK LTD
No material changes in the last 30 days.
No snapshot from 90 days ago — start tracking from today.
No snapshot from 180 days ago — start tracking from today.
Opportunity 73/100 (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: Cash flow review and working-capital discipline. Cash down -73% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 9.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.0 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (82/100)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 | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £1.88M | £2.90M |
| Current assets | £9.27M | £9.34M |
| Cash | £72.3k | £264.1k |
| Debtors | £28.0k | £60.1k |
| Net assets | £-816.0k | £197.0k |
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
- • 1 accounts
- • 1 persons-with-significant-control
Corporate timeline (24 events)Click to expand
- 2026-01-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-01-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-12-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-09📄capital-allotment-sharescapital · SH01
- 2024-05-09📄change-person-director-company-with-change-dateofficers · CH01
- 2024-01-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-02-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-13📄capital-allotment-sharescapital · SH01
- 2021-04-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-27📄change-person-director-company-with-change-dateofficers · CH01
- 2020-08-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-07-16📄capital-allotment-sharescapital · SH01
- 2020-02-27📄capital-allotment-sharescapital · SH01
- 2020-02-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-09🔓Charge satisfied #2
- 2018-06-29🔒Charge registered #3Lender: Henika Investments Limited
- 2018-06-29🔒Charge registered #2Lender: Henika Investments Limited
- 2018-06-29🔓Charge satisfied #1
- 2017-07-12🔒Charge registered #1Lender: Arum Capital Limited
- 2017-04-27🏢Company incorporatedAs 8-10 IPB UK LTD
- 2017-04-27➕REID, Christopher James 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.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanGroup structure
The Trustees Of The Norman Linton Limited Executive Pension Scheme holds 25-50% — a significant corporate investor but not a controlling parent.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andy Currie Individual · British · DOB 12/1955 · age 71 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 21/08/2017 |
The Trustees Of The Norman Linton Limited Executive Pension Scheme Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting · trust interest | 16/05/2017 |
1 historic (ceased) PSC
- Mr Christopher James Reidceased 16/05/2017· 75-100% shares · 75-100% voting · board control
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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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 →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 | |||||
|---|---|---|---|---|---|---|
| outstanding | Henika Investments Henika Investments Limited | A registered charge | 1 property | 29/06/2018 | — | |
| satisfied | Henika Investments Henika Investments Limited | A registered charge | 1 property | 29/06/2018 | 09/07/2018 | |
| satisfied | Arum Capital Arum Capital Limited | A registered charge | 1 property | 12/07/2017 | 29/06/2018 |