INTERNET CREATION LTD.

🌳Matureactive
SC235322 · ltd · incorporated 2002-08-14
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 11.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£29.0k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

1 live charge · oldest 11.4y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 11.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
77 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
85
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £29,025
Net assets shrinking
Down £18,817 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£29k
↓ 39% YoY
Current Assets
£92k
↓ 27% YoY
Current Liabilities
—
£0£25k£51k£76k£101k£126kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£38.4k£62.9k
Current assets£92.4k£126.4k
Cash—£84.3k
Debtors—£38.1k
Net assets£29.0k£47.8k

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. 2025-08-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-06-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-10-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-06-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-06-28
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  6. 2024-06-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-06-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-06-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2024-06-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2024-03-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2023-06-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-02-02
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  13. 2022-04-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-01-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2021-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-07-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-08-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2014-11-21
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  20. 2009-09-01
    ➖
    PATLIEL, Ian Kuno resigned
    director
  21. 2008-09-02
    ➕
    PALTIEL, Ian Kuno appointed
    secretary
  22. 2008-09-02
    ➕
    PALTIEL, Ian Kuno appointed
    director
  23. 2008-09-02
    ➖
    SUTHERLAND, Letitia resigned
    secretary
  24. 2002-08-14
    🏢
    Company incorporated
    As INTERNET CREATION LTD.
  25. 2002-08-14
    ➕
    SUTHERLAND, Michael appointed
    director
  26. 2002-08-14
    ➕
    SUTHERLAND, Letitia appointed
    secretary
  27. 2002-08-14
    ➕
    PATLIEL, Ian Kuno appointed
    director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

76/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ian Kuno Paltiel
Individual · British · DOB 12/1970 · age 56
25–50%
25–50%board control25-50% shares · 25-50% voting · board control14/08/2016
Mr Michael Sutherland
Individual · British · DOB 07/1967 · age 59
25–50%
25–50%board control25-50% shares · 25-50% voting · board control14/08/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2002-08-14
Jurisdictionscotland
Primary SIC62090 — Other information technology service activities

Registered office

Ground And First Floor Cluny Court, John Smith Business Park
Chapelton Drive
Kirkcaldy
KY2 6QJ
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-18
Last: 2025-07-04

Officers (3 active · 2 resigned)

PALTIEL, Ian Kuno→
secretary · appointed 2008-09-02
View their other companies + combined net worth →
Active
PALTIEL, Ian Kuno→
director · ~56y · appointed 2008-09-02
View their other companies + combined net worth →
Active
SUTHERLAND, Michael→
director · ~59y · appointed 2002-08-14
View their other companies + combined net worth →
Active
SUTHERLAND, Letitia→
secretary · appointed 2002-08-14 · resigned 2008-09-02
Resigned
PATLIEL, Ian Kuno→
director · ~56y · appointed 2002-08-14 · resigned 2009-09-01
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge—21/11/2014—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (77 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-28
change-person-secretary-company-with-change-date
officers · CH03
2024-06-28
change-person-director-company-with-change-date
officers · CH01
2024-06-28
change-person-director-company-with-change-date
officers · CH01
2024-06-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-23
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2023-02-02