IRW SERVICES LIMITED
💤Zombieactive
SC212169 · ltd · incorporated 2000-10-16
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 Oct 2024
Net worth
£804.2k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 71129Other engineering activities
Investor take
PursueAsset-holding vehicle with a 69-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
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, 2 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
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
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 £804,184
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£804k
~ YoY
Current Assets
£31k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £804.2k | £804.2k |
| Current assets | £31.2k | £31.2k |
| Net assets | £804.2k | £804.2k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2025-07-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-07-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-07-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-07-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-07-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-08-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-10-19📄gazette-filings-brought-up-to-dategazette · DISS40
- 2016-10-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-10-04📄gazette-notice-compulsorygazette · GAZ1
- 2015-11-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-10-01➖ANDERSON, Lillian resignedsecretary
- 2000-10-16🏢Company incorporatedAs IRW SERVICES LIMITED
- 2000-10-16➕LORIMER, David appointeddirector
- 2000-10-16➕ANDERSON, Lillian appointedsecretary
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 26 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 26 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Lorimer Individual · United Kingdom · DOB 01/1957 · age 69 | 75–100% | — | 75-100% shares | 10/10/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LAIK DEVELOPMENTS LTD→ SC799971 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| LARGESS ASSOCIATES LIMITED→ SC455506 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| LARIA COMPANY LTD→ SC701001 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LATHERON PROPERTIES (SCOTLAND) LIMITED→ SC458800 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| LAWVINE DEVELOPMENTS LTD→ SC636310 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| LEADGATE HOMES LIMITED→ SC468168 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| LEIPER LETTINGS LTD→ SC788457 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LET AND SALES LOGISTICS SERVICES LTD→ SC818191 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LEZE SCOT PROPERTY LTD→ SC813330 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LIONSTONES INVESTMENTS HOLDINGS LTD→ SC721921 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| LITTLE BRAE PROPERTIES LTD→ SC713107 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LK DEAL SOURCING LIMITED→ SC863111 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2000-10-16
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
Rosevale
Hill Of Logie
Ellon
Aberdeenshire
AB41 8LH
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10
Officers (1 active · 1 resigned)
LORIMER, David→
Activedirector · ~69y · appointed 2000-10-16
View their other companies + combined net worth →
ANDERSON, Lillian→
Resignedsecretary · appointed 2000-10-16 · resigned 2009-10-01
Click a director name to see their full track record across all companies.
Recent filings (57 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-10-15
accounts-with-accounts-type-dormant
accounts · AA
2021-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-13
accounts-with-accounts-type-dormant
accounts · AA
2020-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-10