IONAD HIORT

🌳Matureactive

SC387938 · private-limited-guarant-nsc-limited-exemption · incorporated 2010-11-01

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.

Why now

Window closing · high confidence

Getting harder to buy cheaply — 3 signals strengthening over the last 30 days.

· Hygiene score: 55 → 85
· Opportunity score: 70 → 79
· Bankability: 65 → 75
· Distress / opportunity: speculative → avoid

Opportunity decay

hardening · 6-months

Hardening — profile is tightening. If you want to act, do it before the window closes further.

· 6 recent signals strengthening vs 0 weakening

What changed my view

Last 30 days

Picture improved over the last 30 days — 3 positive signals vs 0 negative.

↑Opportunity score: 70 → 79
↑Hygiene score: 55 → 85
↑Bankability: 65 → 75
·Distress / opportunity: speculative → avoid

Last 90 days

Picture improved over the last 90 days — 3 positive signals vs 0 negative.

↑Opportunity score: 70 → 79
↑Hygiene score: 55 → 85
↑Bankability: 65 → 75
·Distress / opportunity: speculative → avoid

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

£13.3k

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Non-trading company

Sector: Professional, scientific & technical

Investor take

Pursue

Dormant / non-trading with a 72-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (71/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

31 officers (6 active, 31 linked, 26 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

3 connected companies via shared directors

Filing history

89 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

79/100Strong

PassWatchWorth a lookStrongExceptional

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

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.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £13,347

Net assets shrinking

Down £22,191 YoY

Cash YoY

-16%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£39k

↓ 16% YoY

Net Worth

£13k

↓ 62% YoY

Current Assets

£41k

↓ 61% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-11-30	2023-11-30
Total assets	£13.3k	£35.5k
Current assets	£40.7k	£103.2k
Cash	£39.3k	£47.0k
Debtors	£1.4k	£56.2k
Net assets	£13.3k	£35.5k

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (77 events)Click to expand

2025-10-26
➖
WILSON, Mairi resigned
director
2025-10-26
➖
WOOLLEY, Peter George resigned
director
2025-10-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-08-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-23
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-06-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-05-30
➖
LAMONT, Gordon William resigned
secretary
2025-05-30
➖
LAMONT, Gordon William resigned
director
2024-11-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-11-12
📄
termination-director-company
officers · TM01
2024-09-25
➖
MACDONALD, Norman Alexander resigned
director
2024-08-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-26
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-09-26
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2023-09-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-08-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-06
➖
HIGGINS, Mark resigned
secretary
2023-07-06
➕
LAMONT, Gordon William appointed
secretary
2023-07-06
➖
RALLEY, Fraser Beauchamp resigned
director
2023-07-06
➕
WOOLLEY, Peter George appointed
director
2023-06-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-06-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-06-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-06-11
➖
BROWN, Max William Boyd resigned
director
2023-06-11
➖
MACAULAY, Donald resigned
director
2023-06-11
➖
MACKINNON, Annabel Marion resigned
director
2022-10-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-10-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-06-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-28
➕
MACKAY, Rachel appointed
director
2022-05-28
➕
MACDONALD, Norman Alexander appointed
director
2021-11-04
➖
INGLE-FINCH, Anthony Michael resigned
director
2021-11-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-11-15
➕
LAMONT, Gordon William appointed
director
2020-10-28
➖
SCARROTT, Christopher David resigned
director
2020-10-28
➖
SCARROTT, Sarah Jayne resigned
director
2019-08-03
➕
MACDONALD, Donella appointed
director
2018-11-28
➕
BROWN, Max William Boyd appointed
director
2018-11-28
➕
SCARROTT, Christopher David appointed
director
2018-11-28
➕
SCARROTT, Sarah Jayne appointed
director
2018-07-28
➖
MACDONALD, Donella resigned
director
2018-06-16
➖
MACIVER, John Norman resigned
director
2017-12-21
➕
RALLEY, Fraser Beauchamp appointed
director
2017-11-29
➕
GREEN, Eloise Rose appointed
director
2017-11-29
➕
MACAULAY, Donald appointed
director
2017-05-26
➖
DARLEY, Lois Gwynneth resigned
director
2017-05-26
➖
MACDONALD, Norman Alexander resigned
director
2017-05-26
➖
MCCORMACK, Angus resigned
director

Showing most recent 50 of 77 events

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 72 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100

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 72 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 16 years.
secondaryStable-but-static management: Company is 16 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

1 med ·

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: WILSON, Mairi resigned 2025-10-26; WOOLLEY, Peter George resigned 2025-10-26

🔒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

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 →

🔒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

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated2010-11-01

Jurisdictionscotland

Primary SIC74990 — Non-trading company

Registered office

Uig Community Centre

Uig

Isle Of Lewis

HS2 9JG

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2027-03-03

Last: 2026-02-17