INVERFAB LTD.

🌳Matureactive
SC223907 · ltd · incorporated 2001-10-03
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 Oct 2024
Net worth
£537.1k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 24530
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 80-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -35% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 24.5y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 24.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (77/100)

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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 3 with DOB)
80
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £537,096
Net assets shrinking
Down £12,811 YoY
Cash YoY
-35%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£136k
↓ 35% YoY
Net Worth
£537k
↓ 2.3% YoY
Current Assets
£582k
↓ 9.4% YoY
Current Liabilities
—
£0£128k£257k£385k£514k£642kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£554.0k£584.3k
Current assets£581.7k£642.0k
Cash£136.1k£210.6k
Debtors£427.9k£428.3k
Net assets£537.1k£549.9k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-07-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-05-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2021-05-19
    🔓
    Charge satisfied #1
  8. 2020-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-07-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-07-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-07-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-10-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-07-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-11-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-06-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2010-01-25
    🔒
    Charge registered #2
    Lender: Royal Bank of Scotland PLC
  18. 2001-10-31
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 2001-10-03
    🏢
    Company incorporated
    As INVERFAB LTD.
  20. 2001-10-03
    ➕
    BLACKHURST, Ginette Christie appointed
    secretary
  21. 2001-10-03
    ➕
    BLACKHURST, Ginette Christie appointed
    director
  22. 2001-10-03
    ➕
    BLACKHURST, John Raymond appointed
    director
  23. 2001-10-03
    ➕
    BLACKHURST, Martin appointed
    director
  24. 2001-10-03
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  25. 2001-10-03
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  26. 2001-10-03
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  27. 2001-10-03
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 80 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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

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

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Martin Blackhurst
Individual · British · DOB 01/1978 · age 48
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
John Raymond Blackhurst
Individual · British · DOB 11/1946 · age 80
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Ginette Christie Blackhurst
Individual · British · DOB 10/1948 · age 78
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2001-10-03
Jurisdictionscotland
Primary SIC24530 — SIC 24530

Registered office

4th Floor, Metropolitan House
31-33 High Street
Inverness
IV1 1HT

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-08-19
Last: 2025-08-05

Officers (4 active · 2 resigned)

BLACKHURST, Ginette Christie→
secretary · appointed 2001-10-03
View their other companies + combined net worth →
Active
BLACKHURST, Ginette Christie→
director · ~78y · appointed 2001-10-03
View their other companies + combined net worth →
Active
BLACKHURST, John Raymond→
director · ~80y · appointed 2001-10-03
View their other companies + combined net worth →
Active
BLACKHURST, Martin→
director · ~48y · appointed 2001-10-03
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2001-10-03 · resigned 2001-10-03
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2001-10-03 · resigned 2001-10-03
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property25/01/2010—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property31/10/200119/05/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (62 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-05
mortgage-satisfy-charge-full
mortgage · MR04
2021-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-10