INCUS CREATIONS LIMITED
💤Zombieactive
SC226406 · ltd · incorporated 2001-12-18
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 Sept 2024
Net worth
£37.5k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 18129
Sector: Manufacturing
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 53). 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 (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 22.5y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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, 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 (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
84 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £37,498
Cash YoY
+1%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£84k
~ YoY
Net Worth
£37k
↑ 255% YoY
Current Assets
£150k
↑ 2.8% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £132.1k | £123.4k |
| Current assets | £149.9k | £145.9k |
| Cash | £84.1k | £83.5k |
| Debtors | £65.9k | £62.5k |
| Net assets | £37.5k | £10.6k |
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
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2025-12-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-12-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-06-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-10📄change-person-director-company-with-change-dateofficers · CH01
- 2023-01-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-01-10📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-01-10📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-06-30🔓Charge satisfied #2
- 2021-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-14📄change-person-director-company-with-change-dateofficers · CH01
- 2020-01-14📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-01-14📄change-person-director-company-with-change-dateofficers · CH01
- 2020-01-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2013-04-16🔓Charge satisfied #1
- 2013-04-12🔒Charge registered #2Lender: Printing.Com Europe Limited
- 2003-11-17🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2003-10-27➕ARBON, Audrey appointedsecretary
- 2003-10-24➖HART, Andrew George resignedsecretary
- 2003-10-24➖HART, Andrew George resigneddirector
- 2001-12-18🏢Company incorporatedAs INCUS CREATIONS LIMITED
- 2001-12-18➕ARBON, Jonathan Ian appointeddirector
- 2001-12-18➕HART, Andrew George appointedsecretary
- 2001-12-18➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2001-12-18➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2001-12-18➕HART, Andrew George appointeddirector
- 2001-12-18➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2001-12-18➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
85/100
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.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- 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 24 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
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jonathan Ian Arbon Individual · British · DOB 09/1973 · age 53 | 25–50% | — | board control25-50% shares · board control | 06/04/2016 |
Mrs Audrey Rebecca Arbon Individual · British · DOB 11/1962 · age 64 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Charles Greaves Stuart-Menteth Individual · British · DOB 11/1950 · age 76 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GREEN BEE LAB LTD→ SC666717 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| IKDN LTD→ SC714070 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| INDUSTRIAL SEPARATION SERVICES LTD.→ SC348044 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| INFIX SUPPORT LIMITED→ SC641643 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| INNOTECH SHIPPING LTD→ SC708709 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| INSTRUMENT TRANSFORMERS LIMITED→ SC054448 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| INSULAM LIMITED→ SC106668 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| INTERNATIONAL TRANSFORMERS LIMITED→ SC657877 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| INTIMACY 360 LTD→ SC824298 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| IODS PIPE CLAD LIMITED→ SC071447 · est 1980 · no financials extracted | — | — | — | — | 45y | — | — |
| ISLAMIC MEMORIALS LIMITED→ SC857801 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ISLE OF SEWING LTD→ SC820743 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2001-12-18
Jurisdictionscotland
Primary SIC18129 — SIC 18129
Registered office
123 Stockwell Street 123 Stockwell Street
Glasgow
G1 4LT
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-01-01
Last: 2025-12-18
Officers (2 active · 4 resigned)
Active
ARBON, Jonathan Ian→
Activedirector · ~53y · appointed 2001-12-18
View their other companies + combined net worth →
HART, Andrew George→
Resignedsecretary · appointed 2001-12-18 · resigned 2003-10-24
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2001-12-18 · resigned 2001-12-18
HART, Andrew George→
Resigneddirector · ~54y · appointed 2001-12-18 · resigned 2003-10-24
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2001-12-18 · resigned 2001-12-18
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Printing.Com Europe Printing.Com Europe Limited | A registered charge | 1 property | 12/04/2013 | 30/06/2022 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 17/11/2003 | 16/04/2013 |
Recent filings (84 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-11
change-person-director-company-with-change-date
officers · CH01
2023-01-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-10
change-person-secretary-company-with-change-date
officers · CH03
2023-01-10
change-person-director-company-with-change-date
officers · CH01
2023-01-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-30