IMENCO UK LIMITED
📉Decliningactive
SC372021 · ltd · incorporated 2010-01-29
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
- · Lifecycle stage drifting downward
- · Currently "declining"
🔒Estimated value
—
Upgrade to see
Turnover
£17.33M
year to Dec 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
Investor take
PursueLeverage-led grower with a 71-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (85/100).
🏦
Refinance opportunity
3 live charges · oldest 7.8y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 7.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)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
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £815,596
Strong revenue growth
Turnover up 17% YoY
Turnover YoY
+17%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Turnover | £17.33M | £14.85M |
| Gross profit | £5.54M | £5.96M |
| Operating profit | £1.33M | £1.68M |
| Profit before tax | £815.6k | £1.22M |
| Average employees | 11500 | 10000 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
2
filings
- • 2 confirmation-statement
Last 90 days
3
filings
- • 2 confirmation-statement
- • 1 accounts
Last 180 days
3
filings
- • 2 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-04-22📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2026-03-26📄accounts-with-accounts-type-fullaccounts · AA
- 2025-05-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-05➕PETRONE, Daniele appointeddirector
- 2025-05-05➖BUCHAN, Alan resigneddirector
- 2024-11-22📄accounts-with-accounts-type-fullaccounts · AA
- 2024-09-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-31➕BUCHAN, Alan appointeddirector
- 2024-03-22➖BRINGEDAL, Rune resigneddirector
- 2023-10-13📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-28📄accounts-with-accounts-type-fullaccounts · AA
- 2022-01-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-01-01➕BRINGEDAL, Rune appointeddirector
- 2021-12-24📄accounts-with-accounts-type-fullaccounts · AA
- 2021-10-22📄accounts-with-accounts-type-fullaccounts · AA
- 2019-10-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-24📄change-person-director-company-with-change-dateofficers · CH01
- 2018-10-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-07-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-07-27🔒Charge registered #2Lender: Dnb Bank Asa
- 2018-07-26🔒Charge registered #3Lender: Dnb Bank Asa
- 2018-06-22🔒Charge registered #1Lender: Dnb Bank Asa
- 2010-01-29🏢Company incorporatedAs IMENCO UK LIMITED
- 2010-01-29➕OSTEBOVIK, Geir Egil appointeddirector
- 2010-01-29➕STARK, James Gordon Croll appointeddirector
- 2010-01-29➖STARK, James Gordon Croll resigneddirector
- 2010-01-29➕P & W DIRECTORS LIMITED appointedcorporate-director
- 2010-01-29➖P & W DIRECTORS LIMITED resignedcorporate-director
Owner dependency
83/100
Critical — business is the founderThe 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 16 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 16 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Geir Egil Ostebovik Individual · Norwegian · DOB 03/1955 · age 71 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest | 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
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|---|---|---|---|---|---|---|---|
| HIGHLANDS AND ISLANDS RENEWABLES LTD→ SC877464 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HOLLFELD LIMITED→ SC223177 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| HUN SOLO LTD→ SC775789 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HVAC & REFRIGERATION ENGINEERING LIMITED→ SC199288 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| HYDRATECH ABERDEEN LTD→ SC402477 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| HYDROBOND ENGINEERING LIMITED→ SC080870 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| I-VIGILANT TECHNOLOGIES LIMITED→ SC426362 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| I.S.S. (ABERDEEN) LIMITED→ SC268422 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ILYIOM LTD→ SC723823 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| INNOVO ENGINEERING AND CONSTRUCTION LIMITED→ SC434959 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| INTERACTIVE PETROPHYSICS LTD.→ SC182198 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| INTERMARA MARINE LIMITED→ SC781544 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2010-01-29
Jurisdictionscotland
Primary SIC09100 — SIC 09100
Registered office
Campus 1 Aberdeen Innovation Park Balgownie Road
Bridge Of Don
Aberdeen
AB22 8GT
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-12
Last: 2026-01-29
Officers (2 active · 4 resigned)
OSTEBOVIK, Geir Egil→
Activedirector · ~71y · appointed 2010-01-29
View their other companies + combined net worth →
PETRONE, Daniele→
Activedirector · ~54y · appointed 2025-05-05
View their other companies + combined net worth →
BRINGEDAL, Rune→
Resigneddirector · ~50y · appointed 2022-01-01 · resigned 2024-03-22
BUCHAN, Alan→
Resigneddirector · ~67y · appointed 2024-03-31 · resigned 2025-05-05
STARK, James Gordon Croll→
Resigneddirector · ~63y · appointed 2010-01-29 · resigned 2010-01-29
P & W DIRECTORS LIMITED→
Resignedcorporate-director · appointed 2010-01-29 · resigned 2010-01-29
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Dnb Bank Asa | A registered charge | 1 property | 27/07/2018 | — | |
| outstanding | Dnb Bank Asa | A registered charge | 1 property | 26/07/2018 | — | |
| outstanding | Dnb Bank Asa | A registered charge | 1 property | 22/06/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (53 total)
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-02
accounts-with-accounts-type-full
accounts · AA
2026-03-26
termination-director-company-with-name-termination-date
officers · TM01
2025-05-21
appoint-person-director-company-with-name-date
officers · AP01
2025-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-full
accounts · AA
2024-11-22
termination-director-company-with-name-termination-date
officers · TM01
2024-09-30
appoint-person-director-company-with-name-date
officers · AP01
2024-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-10
accounts-with-accounts-type-full
accounts · AA
2023-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-30
accounts-with-accounts-type-full
accounts · AA
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-03
appoint-person-director-company-with-name-date
officers · AP01
2022-01-18