ILLETROP LIMITED

🌳Matureactive

SC367357 · ltd · incorporated 2009-10-23

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

—

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Management consultancy activities other than financial management

Sector: Professional, scientific & technical

Investor take

Pursue

Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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

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

Ownership & PSC

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

Director network

7 connected companies via shared directors

Filing history

36 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 · accounting standard unknown

Metric	2024-10-31	2023-10-31
Average employees	2	200

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

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (18 events)Click to expand

2025-07-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-07-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-07-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-07-20
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-06-25
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-10-26
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-06-10
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-11-16
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-10-23
🏢
Company incorporated
As ILLETROP LIMITED
2009-10-23
➕
THOMSON, Douglas Campbell appointed
director
2009-10-23
➕
THOMSON, Louise appointed
director

Owner dependency

89/100

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 17 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 62 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

69/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 17 years.
secondaryStable-but-static management: Company is 17 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
Mr Douglas Campbell Thomson Individual · British · DOB 10/1964 · age 62	25–50%	—	25-50% shares	06/04/2016
Mrs Louise Thomson Individual · Maltese · DOB 04/1966 · age 60	25–50%	—	25-50% shares	06/04/2016

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 →

Similar companies

Active · Professional services · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MCGHEE GROUP LIMITED→ SC362390 · est 2009	£20.62M £15.19M–£26.04M	—	—	—	16y	87	67y
I3WORKS LTD→ SC477423 · est 2014	£16.71M £12.31M–£21.11M	£38.15M	—	14200	12y	92	61y
24/26 HOLDINGS LTD→ SC470528 · est 2014	£4.81M £3.54M–£6.07M	—	—	26	12y	85	67y
INTERLOCK INVESTMENTS LIMITED→ SC057982 · est 1975	£3.26M £2.40M–£4.11M	—	—	20	50y	84	72y
SKYVISION INTERNATIONAL LIMITED→ SC153156 · est 1994	£837.2k £616.9k–£1.06M	£680.4k	—	100	31y	88	65y
ACCU-TECH SYSTEMS LIMITED→ SC223891 · est 2001	£22.3k £16.4k–£28.2k	£413.2k	—	300	24y	85	58y
'A' FLIGHT AVIATION LIMITED→ SC157855 · est 1995	—	—	£6.9k	—	31y	83	72y
ADVANCED ASSET CONSULTANTS LIMITED→ SC362302 · est 2009	—	—	—	13	16y	83	63y
AKELA PLANT HIRE LTD→ SC313584 · est 2006	—	—	£1.69M	—	19y	83	58y
ANDERSON KNIGHT LIMITED→ SC214850 · est 2001	—	—	—	2300	25y	83	63y
ASSISTING SUCCESS LIMITED→ SC294900 · est 2005	—	—	£29.2k	—	20y	83	62y
BIO-IMAGES DRUG DELIVERY LTD→ SC383233 · est 2010	—	—	—	0	15y	83	82y

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

Incorporated2009-10-23

Jurisdictionscotland

Primary SIC70229 — Management consultancy activities other than financial management

Registered office

116a Terregles Avenue

Glasgow

G41 4LJ

Filing status

Accounts

Next due: 2026-07-31

Last made up to: 2024-10-31

Confirmation statement

Next due: 2026-11-06

Last: 2025-10-23

Officers (2 active · 0 resigned)

THOMSON, Douglas Campbell→

director · ~62y · appointed 2009-10-23

View their other companies + combined net worth →

Active

THOMSON, Louise→

director · ~60y · appointed 2009-10-23

View their other companies + combined net worth →

Active

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