ITELLIGENTSIA LTD.

💤Zombieactive
SC314287 · ltd · incorporated 2007-01-09
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 Mar 2025
Net worth
£-17.5k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (75/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £17,484

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£17k
↓ 6.7% YoY
Current Assets
£20
↑ 33% YoY
Current Liabilities
-£17k-£14k-£10k-£7k-£3k£20Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£-17.5k£-16.4k
Current assets£20£15
Net assets£-17.5k£-16.4k

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
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
2
filings
  • 1 gazette
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-04-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-01-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2017-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-11-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2017-01-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-02-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-12-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-02-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2008-03-31
    MACKAY, Catherine Stewart resigned
    secretary
  18. 2007-01-09
    🏢
    Company incorporated
    As ITELLIGENTSIA LTD.
  19. 2007-01-09
    ARMIT, Colin Gerrard appointed
    director
  20. 2007-01-09
    MACKAY, Catherine Stewart appointed
    secretary
  21. 2007-01-09
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  22. 2007-01-09
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  23. 2007-01-09
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  24. 2007-01-09
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

93/100
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 79 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-01-13

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Colin Gerrard Armit
Individual · British · DOB 10/1947 · age 79
75100%
75-100% 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

9 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
Incorporated2007-01-09
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

2a Biggar Road
Edinburgh
EH10 7BQ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-01-13OVERDUE
Last: 2024-12-30

Officers (1 active · 3 resigned)

ARMIT, Colin Gerrard
director · ~79y · appointed 2007-01-09
View their other companies + combined net worth →
Active
MACKAY, Catherine Stewart
secretary · appointed 2007-01-09 · resigned 2008-03-31
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2007-01-09 · resigned 2007-01-09
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2007-01-09 · resigned 2007-01-09
Resigned

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

Recent filings (49 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-13
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-10
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-25