I Q INTERIORS (SCOTLAND) LIMITED

🌳Matureactive
SC337318 · ltd · incorporated 2008-02-06
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
£779.1k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (78/100)

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
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
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 £779,052
Cash YoY
+11%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£694k
↑ 11% YoY
Net Worth
£779k
↑ 5.6% YoY
Current Assets
£884k
~ YoY
Current Liabilities
£0£177k£354k£530k£707k£884kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-052024-02-05
Total assets£820.4k£768.6k
Current assets£883.8k£880.4k
Cash£694.4k£625.4k
Debtors£158.6k£224.8k
Net assets£779.1k£738.0k

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-18
    MILLER, Stuart James resigned
    director
  3. 2025-08-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-01-15
    MILLER, Stuart James appointed
    director
  5. 2025-01-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-04-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-04-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-11-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-11-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-11-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-08-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-08-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2017-07-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2009-10-01
    MINNS, Leeza Lyn appointed
    director
  18. 2008-02-06
    🏢
    Company incorporated
    As I Q INTERIORS (SCOTLAND) LIMITED
  19. 2008-02-06
    MINNS, Leeza Lyn appointed
    secretary
  20. 2008-02-06
    MINNS, Brian appointed
    director
  21. 2008-02-06
    BRIAN REID LTD. appointed
    corporate-secretary
  22. 2008-02-06
    BRIAN REID LTD. resigned
    corporate-secretary
  23. 2008-02-06
    STEPHEN MABBOTT LTD. appointed
    corporate-director
  24. 2008-02-06
    STEPHEN MABBOTT LTD. resigned
    corporate-director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

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 18 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 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 Brian Minns
Individual · British · DOB 04/1970 · age 56
5075%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016
Mrs Leeza Lyn Minns
Individual · British · DOB 08/1973 · age 53
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

🔒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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2008-02-06
Jurisdictionscotland
Primary SIC47599 — Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores

Registered office

22 Transy Place
Dunfermline
Fife
KY12 7QN

Filing status

Accounts
Next due: 2026-11-05
Last made up to: 2025-02-05
Confirmation statement
Next due: 2027-04-15
Last: 2026-04-01

Officers (3 active · 3 resigned)

MINNS, Leeza Lyn
secretary · appointed 2008-02-06
View their other companies + combined net worth →
Active
MINNS, Brian
director · ~56y · appointed 2008-02-06
View their other companies + combined net worth →
Active
MINNS, Leeza Lyn
director · ~53y · appointed 2009-10-01
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-secretary · appointed 2008-02-06 · resigned 2008-02-06
Resigned
MILLER, Stuart James
director · ~58y · appointed 2025-01-15 · resigned 2025-08-18
Resigned
STEPHEN MABBOTT LTD.
corporate-director · appointed 2008-02-06 · resigned 2008-02-06
Resigned

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

Recent filings (50 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-23
termination-director-company-with-name-termination-date
officers · TM01
2025-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-15
appoint-person-director-company-with-name-date
officers · AP01
2025-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-08