IPADEA LIMITED
🌿Early-stageactive
13660647 · ltd · incorporated 2021-10-04
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£180.4k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: SIC 37000
Sector: Water supply & waste
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (80/100)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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
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 £180,430
Key financials
2 years extracted from filed iXBRL accountsCash
£40k
Net Worth
£180k
↑ 18% YoY
Current Assets
£136k
↑ 9.1% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £299.8k | £183.7k |
| Current assets | £135.7k | £124.4k |
| Cash | £39.7k | — |
| Debtors | £80.8k | — |
| Net assets | £180.4k | £152.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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 (19 events)Click to expand
- 2026-04-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-11-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-31📄capital-alter-shares-subdivisioncapital · SH02
- 2024-10-29➖STEWART, Dennis Fraser resigneddirector
- 2024-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-27📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2022-05-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-05-11📄change-person-director-company-with-change-dateofficers · CH01
- 2021-10-04🏢Company incorporatedAs IPADEA LIMITED
- 2021-10-04➕ODELL, Paul Geoffrey appointeddirector
- 2021-10-04➕STEWART, William Iain Fraser appointeddirector
- 2021-10-04➕STEWART, Dennis Fraser appointeddirector
- 2021-10-04📄incorporation-companyincorporation · NEWINC
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Local Boy Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Local Boy Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
IPADEA LIMITED
This company · 13660647
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 |
|---|---|---|---|---|
Local Boy Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 29/10/2024 |
3 historic (ceased) PSCs
- William Iain Fraser Stewartceased 29/10/2024· 25-50% shares · 25-50% voting
- Mr Dennis Fraser Stewartceased 29/10/2024· 25-50% shares · 25-50% voting
- Mr Paul Geoffrey Odellceased 29/10/2024· 25-50% shares · 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
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|---|---|---|---|---|---|---|---|
| ENCON AIR SYSTEMS LIMITED→ 02063860 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| ENERGIA RENEWABLE SOLUTIONS LIMITED→ 14003324 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ENFRAME CIC→ 11496756 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| EXPERT RECYCLE LIMITED→ 14474406 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| GASFLOW LIMITED→ 03432224 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| GBAPPLIANCES LIMITED→ 09220717 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| GREENCORE RECYCLING LIMITED→ 15852533 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HALL FARM ENERGY LIMITED→ 10539961 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| HIGHAM FERRERS ENVIRONMENTAL LTD→ 12452114 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| HLM ENTERPRISES LIMITED→ 14480357 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| INTER COUNTY SERVICE GROUP LTD→ 03687428 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| ISCOM LIMITED→ 07254594 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
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
Incorporated2021-10-04
Jurisdictionengland-wales
Primary SIC37000 — SIC 37000
Registered office
1 Borrowdale Road
Corby
Northamptonshire
NN17 2DQ
United Kingdom
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-10-17
Last: 2025-10-03
Officers (2 active · 1 resigned)
ODELL, Paul Geoffrey→
Activedirector · ~55y · appointed 2021-10-04
View their other companies + combined net worth →
STEWART, William Iain Fraser→
Activedirector · ~43y · appointed 2021-10-04
View their other companies + combined net worth →
STEWART, Dennis Fraser→
Resigneddirector · ~73y · appointed 2021-10-04 · resigned 2024-10-29
Click a director name to see their full track record across all companies.
Recent filings (18 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-04-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-11-01
termination-director-company-with-name-termination-date
officers · TM01
2024-11-01
capital-alter-shares-subdivision
capital · SH02
2024-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-10
change-account-reference-date-company-current-shortened
accounts · AA01
2022-07-27