ILEACH LTD.

🌳Matureactive

SC237949 · private-limited-guarant-nsc · incorporated 2002-10-10

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 22.1y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£62.0k

book net assets

Opportunity

79/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 18110

Sector: Manufacturing

ALSO REGISTERED FOR

18129SIC 18129
58130Publishing of newspapers
58190Other publishing activities

Investor take

Pursue

Active trading company with a 75-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (63/100, director aged 75). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 22.1y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 22.1 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (73/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 4 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

45 officers (5 active, 45 linked, 40 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

5 connected companies via shared directors

Filing history

132 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £62,034

Cash YoY

+46%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£35k

↑ 46% YoY

Net Worth

£62k

↑ 18% YoY

Current Assets

£54k

↑ 23% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Total assets	£62.0k	£52.6k
Current assets	£53.5k	£43.4k
Cash	£35.5k	£24.4k
Debtors	£6.7k	£7.5k
Net assets	£62.0k	£52.6k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (104 events)Click to expand

2025-12-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-11-27
➖
THAXTER, Hannah Jane resigned
director
2023-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-05-10
➕
HUNTER, Lynn Morag appointed
director
2022-05-10
➖
MCEACHERN, Robert Calum resigned
director
2021-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-09-29
➖
WHYTE, Rachel Christina Melrose resigned
director
2021-03-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-03-18
➖
HOWAT, William Douglas resigned
director
2020-07-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-06-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-02-25
➖
ROBERTS, Glenmore William resigned
director
2020-02-25
➕
THAXTER, Hannah Jane appointed
director
2019-12-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-10-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-10-18
➖
MACTAGGART, Catherine Fiona resigned
director
2017-07-24
➖
COLTHART, Niall resigned
director
2017-07-24
➖
CRAWFORD, Georgette Anne resigned
director
2017-07-05
➕
MACLEAN, Garry Robert appointed
secretary
2017-07-05
➕
MACLEAN, Garry Robert appointed
director
2017-07-05
➕
MCEACHERN, Islay William appointed
director
2017-07-05
➕
PORTEOUS, James Mcneil appointed
director
2017-07-05
➖
BROWN, Rita Dianne resigned
director
2017-07-05
➕
HOWAT, William Douglas appointed
director
2017-07-05
➖
KNOWLES, Jean Mary, Dr resigned
director
2017-07-05
➕
MACTAGGART, Catherine Fiona appointed
director
2017-07-05
➕
MCEACHERN, Robert Calum appointed
director
2017-07-05
➖
MCGEACHY, Emma Jane resigned
director
2017-07-05
➖
MCGHEE, Fiona resigned
director
2017-07-05
➖
PILLEY, Carole Ann resigned
director
2017-07-05
➕
ROBERTS, Glenmore William appointed
director
2017-07-05
➖
STEWART, Alice Louise resigned
director
2017-07-05
➕
WHYTE, Rachel Christina Melrose appointed
director
2016-07-05
➕
BROWN, Rita Dianne appointed
director
2016-07-05
➕
PILLEY, Carole Ann appointed
director
2016-01-25
➖
WOODROW, Neil Iain resigned
director
2015-05-12
➖
MCLEAN, Lynn resigned
director
2015-05-12
➖
RUSSELL, Richard Walllace resigned
director
2014-07-29
➖
MACDOUGALL, Adrienne Angela resigned
director
2014-07-07
➖
MACPHEE, Rhona resigned
director
2014-05-19
➖
BROWN, Marie Ann resigned
director
2014-04-01
➕
BROWN, Marie Ann appointed
director

Showing most recent 50 of 104 events

Owner dependency

55/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

70/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean

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

🔒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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INVERCLYDE WINDOWS LIMITED→ SC609930 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
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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

Typeprivate-limited-guarant-nsc

Incorporated2002-10-10

Jurisdictionscotland

Primary SIC18110 — SIC 18110

Registered office

Ileach Office

Main Street

Bowmore

Isle Of Islay

PA43 7JH

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-11-04

Last: 2025-10-21

Officers (5 active · 40 resigned)

MACLEAN, Garry Robert→

secretary · appointed 2017-07-05

View their other companies + combined net worth →

Active

HUNTER, Lynn Morag→

director · ~58y · appointed 2022-05-10

View their other companies + combined net worth →

Active

MACLEAN, Garry Robert→

director · ~41y · appointed 2017-07-05

View their other companies + combined net worth →

Active

MCEACHERN, Islay William→

director · ~67y · appointed 2017-07-05

View their other companies + combined net worth →

Active

PORTEOUS, James Mcneil→

director · ~75y · appointed 2017-07-05

View their other companies + combined net worth →

Active

HUNTER, Jean→

secretary · appointed 2006-04-04 · resigned 2006-08-28

Resigned

HUSTHWAITE, Raymond→

secretary · appointed 2006-09-25 · resigned 2009-03-02

Resigned

RUSSELL, Richard Walllace→

secretary · appointed 2002-10-10 · resigned 2006-04-04

Resigned

ANDERSON, Malcolm Turner→

director · ~91y · appointed 2002-10-10 · resigned 2005-06-20

Resigned

BELL, Catriona→

director · ~91y · appointed 2005-06-13 · resigned 2008-07-01

Resigned

BROWN, Marie Ann→

director · ~70y · appointed 2014-04-01 · resigned 2014-05-19

Resigned

BROWN, Rita Dianne→

director · ~80y · appointed 2016-07-05 · resigned 2017-07-05

Resigned

CARMICHAEL, Gordon Grant→

director · ~88y · appointed 2002-10-10 · resigned 2014-04-01

Resigned

COLTHART, Niall→

director · ~52y · appointed 2014-04-01 · resigned 2017-07-24

Resigned

CRAWFORD, Georgette Anne→

director · ~49y · appointed 2014-04-01 · resigned 2017-07-24

Resigned

FARRINGTON, Patricia→

director · ~80y · appointed 2006-11-27 · resigned 2008-03-27

Resigned

HEADS, Islay→

director · ~52y · appointed 2010-04-26 · resigned 2013-08-05

Resigned

HOVERTY, Sharon→

director · appointed 2002-10-10 · resigned 2003-02-14

Resigned

HOWAT, William Douglas→

director · ~83y · appointed 2017-07-05 · resigned 2021-03-18

Resigned

HUNTER, Jean→

director · ~92y · appointed 2002-10-10 · resigned 2006-08-28

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	06/05/2004	—
	outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	09/03/2004	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (132 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-12-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-10-21

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-12-24

termination-director-company-with-name-termination-date

officers · TM01

2024-12-02

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-10-11

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-12-23

appoint-person-director-company-with-name-date

officers · AP01

2023-11-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-10-23

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-12-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-10-24

termination-director-company-with-name-termination-date

officers · TM01

2022-05-11

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-12-23

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-10-20

termination-director-company-with-name-termination-date

officers · TM01

2021-10-20

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-03-24