I C U SECURITY (SALES) LIMITED

🌳Matureactive
SC249472 · ltd · incorporated 2003-05-15
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
£19.3k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
ALSO REGISTERED FOR
  • 62090Other information technology service activities
  • 63990Other information service activities n.e.c.
  • 74909Other professional, scientific and technical activities n.e.c.
Investor take
Pursue
Asset-holding vehicle with a 74-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (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, 4 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
6 officers (3 active, 6 linked, 2 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 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
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 declared
Positive net assets
Net assets £19,343

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£19k
↑ 1.4% YoY
Current Assets
£33k
↑ 22% YoY
Current Liabilities
—
£0£7k£13k£20k£26k£33kOct 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£19.3k£19.1k
Current assets£33.0k£27.0k
Net assets£19.3k£19.1k

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 (26 events)Click to expand
  1. 2025-06-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-07-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-06-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-02-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-06-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-06-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-05-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-05-08
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  11. 2017-05-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2016-06-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-05-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-07-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-06-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-05-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2003-07-17
    ➕
    SMITH, Eric Wylie appointed
    secretary
  18. 2003-07-17
    ➕
    SMITH, Eric Wylie appointed
    director
  19. 2003-07-17
    ➕
    SMITH, Una Suzanne appointed
    director
  20. 2003-07-17
    ➖
    MACLAY MURRAY & SPENS LLP resigned
    corporate-nominee-secretary
  21. 2003-07-17
    ➖
    VINDEX LIMITED resigned
    corporate-nominee-director
  22. 2003-07-17
    ➖
    VINDEX SERVICES LIMITED resigned
    corporate-nominee-director
  23. 2003-05-15
    🏢
    Company incorporated
    As I C U SECURITY (SALES) LIMITED
  24. 2003-05-15
    ➕
    MACLAY MURRAY & SPENS LLP appointed
    corporate-nominee-secretary
  25. 2003-05-15
    ➕
    VINDEX LIMITED appointed
    corporate-nominee-director
  26. 2003-05-15
    ➕
    VINDEX SERVICES LIMITED appointed
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 74 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Eric Wylie Smith
Individual · British · DOB 07/1952 · age 74
25–50%
—25-50% shares06/04/2016
Mrs Una Suzanne Smith
Individual · British · DOB 04/1966 · age 60
25–50%
—25-50% shares06/04/2016

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

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Available from the Pro tier upwards.

See pricing →
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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.

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Company details

Statusactive
Typeltd
Incorporated2003-05-15
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

54 Donaldfield Road Donaldfield Road
Bridge Of Weir
PA11 3JF
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-05-30
Last: 2025-05-16

Officers (3 active · 3 resigned)

SMITH, Eric Wylie→
secretary · appointed 2003-07-17
View their other companies + combined net worth →
Active
SMITH, Eric Wylie→
director · ~74y · appointed 2003-07-17
View their other companies + combined net worth →
Active
SMITH, Una Suzanne→
director · ~60y · appointed 2003-07-17
View their other companies + combined net worth →
Active
MACLAY MURRAY & SPENS LLP→
corporate-nominee-secretary · appointed 2003-05-15 · resigned 2003-07-17
Resigned
VINDEX LIMITED→
corporate-nominee-director · appointed 2003-05-15 · resigned 2003-07-17
Resigned
VINDEX SERVICES LIMITED→
corporate-nominee-director · appointed 2003-05-15 · resigned 2003-07-17
Resigned

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

Recent filings (62 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-12
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-09
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2018-05-21