IQX LIMITED

🌳Matureactive

SC171786 · ltd · incorporated 1997-01-24

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jan 2025

Net worth

—

book net assets

Opportunity

81/100

Exceptional

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What this business does

Primary activity: Business and domestic software development

Sector: Information & communication

Investor take

Pursue

Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 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

9 officers (6 active, 9 linked, 6 with DOB)

Ownership & PSC

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

Director network

5 connected companies via shared directors

Filing history

93 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-01-31	2024-01-31
Total assets	—	£118.7k
Current assets	—	£690.2k
Cash	—	£154.7k
Debtors	—	£529.2k
Net assets	—	£105.2k
Average employees	2000	—

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

🔒Filing-note intelligence

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

Last 30 days

filings

Last 90 days

filing

• 1 officers

Last 180 days

filings

• 1 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (31 events)Click to expand

2026-03-31
➖
DALGLEISH, Douglas Russell resigned
director
2026-03-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-09-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-29
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-02
➕
BLAIR, Heather appointed
secretary
2024-02-02
➖
HEPBURNE SCOTT, Viola Susan resigned
secretary
2024-02-02
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2024-02-02
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-06-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-04
📄
change-person-director-company-with-change-date
officers · CH01
2022-02-04
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-11-09
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-10-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-02
📄
change-person-director-company-with-change-date
officers · CH01
2021-01-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-08
📄
change-person-director-company-with-change-date
officers · CH01
2020-09-08
📄
change-person-director-company-with-change-date
officers · CH01
2020-08-28
➕
BUCHAN, Tracy Janaya appointed
director
2020-08-28
📄
change-person-director-company-with-change-date
officers · CH01
2020-08-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-10-04
➕
DALGLEISH, Douglas Russell appointed
director
1997-01-24
🏢
Company incorporated
As IQX LIMITED
1997-01-24
➕
HEPBURNE SCOTT, Michael Francis appointed
director
1997-01-24
➕
HEPBURNE SCOTT, Viola Susan appointed
director
1997-01-24
➕
HEYWOOD, Timothy Coote appointed
director
1997-01-24
➕
WILLEY, George Justin appointed
director
1997-01-24
➕
HEPBURNE SCOTT, Viola Susan appointed
secretary
1997-01-24
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
1997-01-24
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 67 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 67. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
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.)

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Michael Francis Hepburne Scott Individual · British · DOB 06/1959 · age 67	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

1 historic (ceased) PSC

Mr George Justin Willeyceased 09/07/2018· 25-50% shares

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

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.

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Company details

Statusactive

Typeltd

Incorporated1997-01-24

Jurisdictionscotland

Primary SIC62012 — Business and domestic software development

Registered office

The Steading Office

Lilliesleaf

Melrose

TD6 9JT

Scotland

Filing status

Accounts

Next due: 2026-10-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2027-02-07

Last: 2026-01-24