IGM ENGINEERING LIMITED
Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (75/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £57 | £57 |
| Current assets | £57 | £57 |
| Net assets | £57 | £57 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (22 events)Click to expand
- 2025-11-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-11-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-12-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-05-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-11-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-04-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2007-04-11🏢Company incorporatedAs IGM ENGINEERING LIMITED
- 2007-04-11➕BOYD, Marie Anne appointedsecretary
- 2007-04-11➕BOYD, Iain appointeddirector
- 2007-04-11➕ACS SECRETARIES LIMITED appointedcorporate-secretary
- 2007-04-11➖ACS SECRETARIES LIMITED resignedcorporate-secretary
- 2007-04-11➕ACS NOMINEES LIMITED appointedcorporate-director
- 2007-04-11➖ACS NOMINEES LIMITED resignedcorporate-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Iain Boyd Individual · British · DOB 06/1984 · age 42 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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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Registered office
Filing status
Officers (2 active · 2 resigned)
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