ICHOR HOLDINGS LTD

💤Zombieactive
SC418618 · ltd · incorporated 2012-03-05
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
—
not disclosed
Net worth
—
book net assets
Opportunity
77/100
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: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 85/100. 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: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 14.1y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 14.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
14 officers (1 active, 14 linked, 11 with DOB)
86
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
3
filings
  • • 2 officers
  • • 1 confirmation-statement
Last 180 days
3
filings
  • • 2 officers
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
  1. 2026-03-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-03-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-03-01
    ➖
    ANDRESON, Jeffrey Scott resigned
    director
  4. 2026-03-01
    ➖
    SWYT, Gregory Francis resigned
    director
  5. 2025-10-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-07-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2025-01-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2023-12-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2023-12-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2023-11-22
    ➖
    ROHRS, Tom resigned
    director
  11. 2023-11-22
    ➕
    SWYT, Gregory Francis appointed
    director
  12. 2023-10-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  13. 2023-10-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2023-10-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2023-10-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2023-01-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2022-12-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2022-12-13
    🔓
    Charge satisfied #1
  19. 2021-12-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2020-12-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2019-10-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2018-10-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2017-12-31
    ➕
    ANDRESON, Jeffrey Scott appointed
    director
  24. 2017-12-31
    ➖
    CARSON, Maurice Eugene resigned
    director
  25. 2016-12-01
    ➕
    ROHRS, Tom appointed
    director
  26. 2016-11-30
    ➖
    KOWAL, Andrew Jeffrey, Mr. resigned
    director
  27. 2016-09-01
    ➕
    SPENCE, John Alexander appointed
    director
  28. 2016-08-31
    ➖
    BEAUMONT, Andrew resigned
    director
  29. 2015-07-01
    ➕
    BEAUMONT, Andrew appointed
    director
  30. 2015-07-01
    ➖
    NICOLSON, Donald resigned
    director
  31. 2014-08-02
    ➕
    CARSON, Maurice Eugene appointed
    director
  32. 2014-08-02
    ➖
    RATH, Michael John resigned
    director
  33. 2013-06-30
    ➕
    KOWAL, Andrew Jeffrey, Mr. appointed
    director
  34. 2013-06-30
    ➖
    KURTZ, Sky resigned
    director
  35. 2012-04-12
    🔒
    Charge registered #1
    Lender: Silicon Valley Bank
  36. 2012-04-04
    ➖
    D.W. COMPANY SERVICES LIMITED resigned
    corporate-secretary
  37. 2012-04-04
    ➕
    KURTZ, Sky appointed
    director
  38. 2012-04-04
    ➕
    NICOLSON, Donald appointed
    director
  39. 2012-04-04
    ➖
    POLSON, Michael Buchanan resigned
    director
  40. 2012-04-04
    ➕
    RATH, Michael John appointed
    director
  41. 2012-04-04
    ➖
    D.W. COMPANY SERVICES LIMITED resigned
    corporate-director
  42. 2012-04-04
    ➖
    D.W. DIRECTOR 1 LIMITED resigned
    corporate-director
  43. 2012-03-05
    🏢
    Company incorporated
    As ICHOR HOLDINGS LTD
  44. 2012-03-05
    ➕
    D.W. COMPANY SERVICES LIMITED appointed
    corporate-secretary
  45. 2012-03-05
    ➕
    POLSON, Michael Buchanan appointed
    director
  46. 2012-03-05
    ➕
    D.W. COMPANY SERVICES LIMITED appointed
    corporate-director
  47. 2012-03-05
    ➕
    D.W. DIRECTOR 1 LIMITED appointed
    corporate-director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

55/100
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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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: ANDRESON, Jeffrey Scott resigned 2026-03-01; SWYT, Gregory Francis resigned 2026-03-01

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Ichor Holdings, Ltd.
Corporate parent
🏛️
Bank Of America Corporation
Corporate parent · holds 75-100% shares
ultimate parent
⬇
ICHOR HOLDINGS LTD
This company · SC418618

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ichor Holdings, Ltd.
Corporate entity
—75–100%75-100% voting06/04/2016
Bank Of America Corporation
Corporate entity
75–100%
—75-100% shares06/04/2016
1 historic (ceased) PSC
  • Bank Of America, N.A.ceased 06/04/2016· 75-100% shares

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 · Manufacturing · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GOOD PRESS LTD→
SC702790 · est 2021 · no financials extracted
————4y——
GORILLA FABRICATION LTD→
SC598299 · est 2018 · no financials extracted
————7y——
GRAYSCALE SOLUTIONS LIMITED→
SC565512 · est 2017 · no financials extracted
————8y——
GREEN BEE LAB LTD→
SC666717 · est 2020 · no financials extracted
————5y——
HAIR LAB PRODUCTS LTD→
SC506620 · est 2015 · no financials extracted
————10y——
HAWAZIN LIMITED→
SC819888 · est 2024 · no financials extracted
————1y——
HOLMES FLEET ASSIST LTD→
SC850650 · est 2025 · no financials extracted
———————
HOMER BURGESS LIMITED→
SC055598 · est 1974 · no financials extracted
————51y——
ICA PROPERTIES LTD.→
SC198984 · est 1999 · no financials extracted
————26y——
IKDN LTD→
SC714070 · est 2021 · no financials extracted
————4y——
IMSE LIMITED→
SC251999 · est 2003 · no financials extracted
————22y——
IN-STYLE UPHOLSTERY LIMITED→
SC098166 · est 1986 · no financials extracted
————40y——
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
Incorporated2012-03-05
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

168 Bath Street
Glasgow
G2 4TP
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-16
Last: 2026-03-02

Officers (1 active · 13 resigned)

SPENCE, John Alexander→
director · ~58y · appointed 2016-09-01
View their other companies + combined net worth →
Active
D.W. COMPANY SERVICES LIMITED→
corporate-secretary · appointed 2012-03-05 · resigned 2012-04-04
Resigned
ANDRESON, Jeffrey Scott→
director · ~65y · appointed 2017-12-31 · resigned 2026-03-01
Resigned
BEAUMONT, Andrew→
director · ~60y · appointed 2015-07-01 · resigned 2016-08-31
Resigned
CARSON, Maurice Eugene→
director · ~69y · appointed 2014-08-02 · resigned 2017-12-31
Resigned
KOWAL, Andrew Jeffrey, Mr.→
director · ~49y · appointed 2013-06-30 · resigned 2016-11-30
Resigned
KURTZ, Sky→
director · ~44y · appointed 2012-04-04 · resigned 2013-06-30
Resigned
NICOLSON, Donald→
director · ~61y · appointed 2012-04-04 · resigned 2015-07-01
Resigned
POLSON, Michael Buchanan→
director · ~62y · appointed 2012-03-05 · resigned 2012-04-04
Resigned
RATH, Michael John→
director · ~60y · appointed 2012-04-04 · resigned 2014-08-02
Resigned
ROHRS, Tom→
director · ~75y · appointed 2016-12-01 · resigned 2023-11-22
Resigned
SWYT, Gregory Francis→
director · ~65y · appointed 2023-11-22 · resigned 2026-03-01
Resigned
D.W. COMPANY SERVICES LIMITED→
corporate-director · appointed 2012-03-05 · resigned 2012-04-04
Resigned
D.W. DIRECTOR 1 LIMITED→
corporate-director · appointed 2012-03-05 · resigned 2012-04-04
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Silicon Valley Bank
Bond & floating charge1 property12/04/201213/12/2022

Recent filings (69 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-25
termination-director-company-with-name-termination-date
officers · TM01
2026-03-25
termination-director-company-with-name-termination-date
officers · TM01
2026-03-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-03
accounts-with-accounts-type-full
accounts · AA
2025-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-04
accounts-with-accounts-type-full
accounts · AA
2025-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-13
appoint-person-director-company-with-name-date
officers · AP01
2023-12-01
termination-director-company-with-name-termination-date
officers · TM01
2023-12-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-10-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-24
change-person-director-company-with-change-date
officers · CH01
2023-10-16
accounts-with-accounts-type-full
accounts · AA
2023-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-07