INNOVATION BUSINESS LIMITED

🌳Matureactive
SC389338 · ltd · incorporated 2010-11-23
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
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Turnover
year to Nov 2024
Net worth
£824.3k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 58). 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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £824,263

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£824k
↑ 26% YoY
Current Assets
£472k
↓ 26% YoY
Current Liabilities
£0£165k£330k£495k£659k£824kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£472.4k£639.9k
Current assets£472.4k£639.9k
Net assets£824.3k£655.6k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-08-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-11-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-07-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2019-07-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2019-07-26
    BINDER, Roland appointed
    director
  10. 2019-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-02-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-01-29
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  13. 2018-11-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2018-10-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  15. 2010-11-23
    🏢
    Company incorporated
    As INNOVATION BUSINESS LIMITED
  16. 2010-11-23
    ILYAS, Arshi, Dr appointed
    director

Owner dependency

81/100
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 15 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +No director turnover: Company is 15 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 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 15 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Arshi Ilyas
Individual · British · DOB 11/1969 · age 57
sig. influencesignificant influence23/11/2016

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.

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Company details

Statusactive
Typeltd
Incorporated2010-11-23
Jurisdictionscotland
Primary SIC70229 — Management consultancy activities other than financial management

Registered office

Javid House
115 Bath Street
Glasgow
G2 2SZ
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-01-02
Last: 2025-12-19

Officers (2 active · 0 resigned)

BINDER, Roland
director · ~58y · appointed 2019-07-26
View their other companies + combined net worth →
Active
ILYAS, Arshi, Dr
director · ~57y · appointed 2010-11-23
View their other companies + combined net worth →
Active

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

Recent filings (54 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-10
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-25
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-01