ICA PROPERTIES LTD.
💤Zombieactive
SC198984 · ltd · incorporated 1999-08-17
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2024
Net worth
£23.8k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 33150
Sector: Manufacturing
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
- 81100SIC 81100
Investor take
Special-situation opportunityDistressed manufacturing with salvageable qualities — special-situations priority.
Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 71). Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (70/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
9 officers (2 active, 9 linked, 3 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
80 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £23,836
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£24k
Current Assets
£21k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-04-30 |
|---|---|
| Total assets | £23.8k |
| Current assets | £20.9k |
| Net assets | £23.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2026-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-10-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-07➖WARNOCK, Ruth Rosalind resigneddirector
- 2025-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-03-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-03-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-31➖WARNOCK, Ruth Rosalind resigneddirector
- 2020-12-31➕WARNOCK, Ruth Rosalind appointeddirector
- 2020-12-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-19📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-08-19📄change-person-director-company-with-change-dateofficers · CH01
- 2019-08-19📄change-person-director-company-with-change-dateofficers · CH01
- 2019-08-19📄change-person-director-company-with-change-dateofficers · CH01
- 2019-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2006-02-27➕WARNOCK, Ian Graham appointedsecretary
- 2006-02-27➖HOOD, Simon Leonard resignedsecretary
- 2002-03-01➕HOOD, Simon Leonard appointedsecretary
- 2002-03-01➖WARNOCK, Jessie Wright Thompson resignedsecretary
- 2002-02-28➕WARNOCK, Ian Graham appointeddirector
- 1999-09-20➕WARNOCK, Jessie Wright Thompson appointedsecretary
- 1999-09-20➖WARNOCK, Ruth Rosalind resignedsecretary
- 1999-08-17🏢Company incorporatedAs ICA PROPERTIES LTD.
- 1999-08-17➕WARNOCK, Ruth Rosalind appointedsecretary
- 1999-08-17➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 1999-08-17➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 1999-08-17➕WARNOCK, Ruth Rosalind appointeddirector
- 1999-08-17➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 1999-08-17➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-12-23
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ian Graham Warnock Individual · British · DOB 05/1955 · age 71 | — | — | sig. influencesignificant influence | 10/04/2016 |
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
Active · Manufacturing · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GOOD PRESS LTD→ SC702790 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| GORILLA FABRICATION LTD→ SC598299 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| GRAYSCALE SOLUTIONS LIMITED→ SC565512 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| GREEN BEE LAB LTD→ SC666717 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| HAIR LAB PRODUCTS LTD→ SC506620 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| HAWAZIN LIMITED→ SC819888 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HOLMES FLEET ASSIST LTD→ SC850650 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HOMER BURGESS LIMITED→ SC055598 · est 1974 · no financials extracted | — | — | — | — | 51y | — | — |
| IKDN LTD→ SC714070 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| IMSE LIMITED→ SC251999 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| INCUS CREATIONS LIMITED→ SC226406 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| INDEPENDENT FURNITURE & INTERIORS LTD.→ SC424768 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1999-08-17
Jurisdictionscotland
Primary SIC33150 — SIC 33150
Registered office
Upper Flat 112 Hamilton Avenue
Glasgow
G41 4EX
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2025-12-23OVERDUE
Last: 2024-12-09
Officers (2 active · 7 resigned)
WARNOCK, Ian Graham→
Activesecretary · appointed 2006-02-27
View their other companies + combined net worth →
WARNOCK, Ian Graham→
Activedirector · ~71y · appointed 2002-02-28
View their other companies + combined net worth →
HOOD, Simon Leonard→
Resignedsecretary · appointed 2002-03-01 · resigned 2006-02-27
WARNOCK, Jessie Wright Thompson→
Resignedsecretary · appointed 1999-09-20 · resigned 2002-03-01
WARNOCK, Ruth Rosalind→
Resignedsecretary · appointed 1999-08-17 · resigned 1999-09-20
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 1999-08-17 · resigned 1999-08-17
WARNOCK, Ruth Rosalind→
Resigneddirector · ~63y · appointed 2020-12-31 · resigned 2025-10-07
WARNOCK, Ruth Rosalind→
Resigneddirector · ~69y · appointed 1999-08-17 · resigned 2021-01-31
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 1999-08-17 · resigned 1999-08-17
Click a director name to see their full track record across all companies.
Recent filings (80 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-31
termination-director-company-with-name-termination-date
officers · TM01
2025-10-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-13
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-07
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-05-11
appoint-person-director-company-with-name-date
officers · AP01
2021-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-11
termination-director-company-with-name-termination-date
officers · TM01
2021-03-05