IGO DISTRIBUTION LTD

🌿Early-stageactive

NI692092 · ltd · incorporated 2022-10-24

Investment thesis

Unencumbered property vehicle — clean asset-backed target with refinance headroom.

Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.

Why risky: Values depend on title and valuation; property-specific market exposure.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Oct 2024

Net worth

£21.0k

book net assets

Opportunity

70/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Non-specialised wholesale trade

Sector: Wholesale & retail

ALSO REGISTERED FOR

68100Buying and selling of own real estate
68209Other letting and operating of own or leased real estate
68320Management of real estate on a fee or contract basis

Investor take

Pursue

Strong 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: medium (76/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

8 filings

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

70/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £21,010

Key financials

2 years extracted from filed iXBRL accounts

Cash

£53k

Net Worth

£21k

Current Assets

£162k

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-10-31	2023-10-31
Total assets	£21.0k	—
Current assets	£161.5k	—
Cash	£53.1k	—
Debtors	£58.4k	—
Net assets	£21.0k	—

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (6 events)Click to expand

2025-07-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-24
🏢
Company incorporated
As IGO DISTRIBUTION LTD
2022-10-24
➕
MACDONALD, Colin William appointed
director
2022-10-24
➕
THOMPSON, Kirby Victoria Ann appointed
director
2022-10-24
📄
incorporation-company
incorporation · NEWINC

Owner dependency

58/100

Moderate — manageable with handover

Some 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 signal

Limited 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Miss Kirby Victoria Ann Thompson Individual · British · DOB 01/1988 · age 38	25–50%	25–50%	25-50% shares · 25-50% voting	24/10/2022
Mr Colin William Macdonald Individual · British · DOB 06/1986 · age 40	25–50%	25–50%	25-50% shares · 25-50% voting	24/10/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Wholesale & distribution · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CTEC (NI) LIMITED→ NI055929 · est 2005	£17.92M £13.44M–£22.40M	£21.25M	—	1300	20y	87	66y
R. THOMPSON & SON (ARMAGH) LIMITED→ NI007069 · est 1967	£9.87M £7.40M–£12.34M	—	—	55	58y	87	89y
TAILORED IMAGE LTD→ NI034580 · est 1998	£5.64M £4.23M–£7.05M	£20.80M	—	11400	27y	93	63y
W.A.C. MCCANDLESS (ENGINEERS) LIMITED→ NI005177 · est 1962	£5.13M £3.85M–£6.42M	—	—	30	64y	88	68y
FORESTWOOD AGENCIES LIMITED→ NI029479 · est 1995	£4.47M £3.35M–£5.59M	—	—	1400	31y	87	62y
TAYLORS (FYFIN) LIMITED→ NI012103 · est 1977	£3.11M £2.33M–£3.89M	—	—	21	48y	87	72y
EUROCABLES (BELFAST) LIMITED→ NI031739 · est 1996	£2.29M £1.72M–£2.86M	—	—	3100	29y	86	64y
ERWIN AGRI-CARE LIMITED→ NI605964 · est 2011	£2.00M £1.50M–£2.50M	—	—	3700	15y	87	66y
IAN A KERNOHAN (NI) LIMITED→ NI019120 · est 1986	£370.7k £278.0k–£463.4k	£12.44M	—	3500	40y	93	69y
VANDEN RECYCLING LIMITED→ NI611544 · est 2012	£75.8k £56.8k–£94.7k	—	—	59	14y	89	49y
GORTRUSH TRADING LIMITED→ NI602780 · est 2010	£35.3k £26.5k–£44.2k	—	—	0	16y	95	59y
HANNAN MEATS LIMITED→ NI022775 · est 1989	—	—	—	2800	36y	87	66y

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

Incorporated2022-10-24

Jurisdictionnorthern-ireland

Primary SIC46900 — Non-specialised wholesale trade

Registered office

12 Tudor Lodge

Waringstown

Craigavon

BT66 7SX

Northern Ireland

Filing status

Accounts

Next due: 2026-07-31

Last made up to: 2024-10-31

Confirmation statement

Next due: 2027-03-11

Last: 2026-02-25

Officers (2 active · 0 resigned)

MACDONALD, Colin William→

director · ~40y · appointed 2022-10-24

View their other companies + combined net worth →

Active

THOMPSON, Kirby Victoria Ann→

director · ~38y · appointed 2022-10-24

View their other companies + combined net worth →

Active

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