IVAD LIMITED

🌳Matureactive

SC263326 · ltd · incorporated 2004-02-11

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 Feb 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)

Sector: Wholesale & retail

Investor take

Pursue

Active trading company with a 76-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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, 1 SIC codes, incorporation date

100

Financials

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

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (3 active, 5 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

63 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS

Metric	2025-02-28	2024-02-29
Average employees	700	600

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 2 persons-with-significant-control
• 2 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-11-06
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-06
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-06
📄
change-person-director-company-with-change-date
officers · CH01
2025-11-06
📄
change-person-secretary-company-with-change-date
officers · CH03
2025-07-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-13
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-08-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-11-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-10-14
📄
change-account-reference-date-company-current-extended
accounts · AA01
2017-10-06
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2004-02-11
🏢
Company incorporated
As IVAD LIMITED
2004-02-11
➕
BELL, Laura Janet appointed
secretary
2004-02-11
➕
BELL, Laura Janet appointed
director
2004-02-11
➕
GRANT, Sheena Lyon appointed
director
2004-02-11
➕
ACS SECRETARIES LIMITED appointed
corporate-nominee-secretary
2004-02-11
➖
ACS SECRETARIES LIMITED resigned
corporate-nominee-secretary
2004-02-11
➕
ACS NOMINEES LIMITED appointed
corporate-nominee-director
2004-02-11
➖
ACS NOMINEES LIMITED 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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 76 — succession pressure is live.

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 76 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 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 22 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

Name	Shares	Voting rights	Nature of control	Notified
Mrs Sheena Lyon Grant Individual · British · DOB 04/1950 · age 76	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mrs Laura Janet Bell Individual · British · DOB 10/1977 · age 49	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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

Similar companies

Active · Retail · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GOWANLEA GARDEN CENTRE LTD→ SC724728 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
GT OMEGA RACING LTD.→ SC363688 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
GUJJAR SONS LIMITED→ SC604602 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
HARRIS TWEED OBAN LTD→ SC667007 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
HARRIS TWEED SCOTLAND LTD→ SC667000 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
HEMIN MARKET LTD→ SC864440 · est 2025 · no financials extracted	—	—	—	—	—	—	—
HM GALLERIA LTD→ SC799499 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
HOLMS (GREENOCK) LIMITED→ SC030605 · est 1955 · no financials extracted	—	—	—	—	71y	—	—
HOMEWORLD MH LTD→ SC847947 · est 2025 · no financials extracted	—	—	—	—	—	—	—
HOUSTON CONVENIENCE STORE LTD→ SC717933 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
HOUSTON KILTMAKERS LIMITED→ SC619051 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
HS TRADERS PAISLEY LTD→ SC777823 · est 2023 · no financials extracted	—	—	—	—	2y	—	—

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

Incorporated2004-02-11

Jurisdictionscotland

Primary SIC47789 — Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)

Registered office

29 Gauze Street

Paisley

PA1 1ES

United Kingdom

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-02-25

Last: 2026-02-11

Officers (3 active · 2 resigned)

BELL, Laura Janet→

secretary · appointed 2004-02-11

View their other companies + combined net worth →

Active

BELL, Laura Janet→

director · ~49y · appointed 2004-02-11

View their other companies + combined net worth →

Active

GRANT, Sheena Lyon→

director · ~76y · appointed 2004-02-11

View their other companies + combined net worth →

Active

ACS SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 2004-02-11 · resigned 2004-02-11

Resigned

ACS NOMINEES LIMITED→

corporate-nominee-director · appointed 2004-02-11 · resigned 2004-02-11

Resigned

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

Recent filings (63 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-02-19

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2025-11-06

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2025-11-06

change-person-director-company-with-change-date

officers · CH01

2025-11-06

change-person-secretary-company-with-change-date

officers · CH03

2025-11-06

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

accounts · AA

2025-07-29

confirmation-statement-with-updates

confirmation-statement · CS01

2025-02-14

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

accounts · AA

2024-08-06

confirmation-statement-with-updates

confirmation-statement · CS01

2024-02-15

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

accounts · AA

2023-10-25

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-07-13

confirmation-statement-with-updates

confirmation-statement · CS01

2023-02-16

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

accounts · AA

2022-08-17

confirmation-statement-with-updates

confirmation-statement · CS01

2022-02-15

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

accounts · AA

2021-10-21