THE IT REFUGE LIMITED

💤Zombieactive
SC397813 · ltd · incorporated 2011-04-14
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
ALSO REGISTERED FOR
  • 63110Data processing, hosting and related activities
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (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, 2 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-052024-04-05

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

Recent activity

Last 30 days
2
filings
  • • 1 confirmation-statement
  • • 1 address
Last 90 days
2
filings
  • • 1 confirmation-statement
  • • 1 address
Last 180 days
3
filings
  • • 1 confirmation-statement
  • • 1 address
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-04-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-01-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2025-01-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-01-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-01-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-01-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2021-01-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2020-01-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2019-01-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-01-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-01-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-04-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2016-01-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-05-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-02-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2011-04-14
    🏢
    Company incorporated
    As THE IT REFUGE LIMITED
  17. 2011-04-14
    ➕
    MACKAY, Conrad appointed
    director

Owner dependency

90/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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.)
🔒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 · Technology · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
TARIFFCOM LIMITED→
SC221516 · est 2001
£2.04M
£1.45M–£2.62M
£1.74M—210024y9559y
TRIHEDRAL UK LIMITED→
SC187794 · est 1998
£322.5k
£230.3k–£414.6k
——527y8667y
B4FILMS LTD.→
SC351956 · est 2008
———417y8372y
CONCEPT PRODUCTIONS LIMITED→
SC096457 · est 1985
——£1.9k—40y8363y
TWO RIVERS DIGITAL LTD→
SC848243 · est 2025 · no financials extracted
———————
ULTRANETWORKS LIMITED→
SC539839 · est 2016 · no financials extracted
————9y——
UNYVO LIMITED→
SC878374 · est 2026 · no financials extracted
———————
WAVEPULSE CARE LTD→
SC875057 · est 2026 · no financials extracted
———————
WBC MEDIA C.I.C.→
SC772754 · est 2023 · no financials extracted
————2y——
WEB SMARTLABS LIMITED→
SC777240 · est 2023 · no financials extracted
————2y——
WESTHILL IT SERVICES LIMITED→
SC545353 · est 2016 · no financials extracted
————9y——
WEWATCHED LIMITED→
SC811812 · est 2024 · no financials extracted
————1y——
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
Typeltd
Incorporated2011-04-14
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

17 Mciver Terrace
Huntly
AB54 8LF
Scotland

Filing status

Accounts
Next due: 2027-01-05
Last made up to: 2025-04-05
Confirmation statement
Next due: 2027-04-28
Last: 2026-04-14

Officers (1 active · 0 resigned)

MACKAY, Conrad→
director · ~56y · appointed 2011-04-14
View their other companies + combined net worth →
Active

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

Recent filings (32 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-26
accounts-with-accounts-type-dormant
accounts · AA
2026-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-15
accounts-with-accounts-type-dormant
accounts · AA
2025-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-08
accounts-with-accounts-type-dormant
accounts · AA
2024-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-05
accounts-with-accounts-type-dormant
accounts · AA
2023-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-27
accounts-with-accounts-type-dormant
accounts · AA
2022-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-28
accounts-with-accounts-type-dormant
accounts · AA
2021-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-28
accounts-with-accounts-type-dormant
accounts · AA
2020-01-05