INDEPENDENT FURNITURE & INTERIORS LTD.

🌳Matureactive

SC424768 · ltd · incorporated 2012-05-23

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

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

£53.6k

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Manufacture of other furniture

Sector: Manufacturing

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (79/100)

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

5 officers (2 active, 5 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

35 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

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 105 (micro)

Positive net assets

Net assets £53,616

Net assets shrinking

Down £107,917 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£54k

↓ 67% YoY

Current Assets

£181k

↓ 31% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-11-30	2023-11-30
Total assets	£88.7k	£231.9k
Current assets	£180.6k	£261.7k
Net assets	£53.6k	£161.5k

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

🔒Filing-note intelligence

1 signal 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

filing

• 1 officers

Last 180 days

filing

• 1 officers

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2026-02-12
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-16
📄
change-account-reference-date-company-current-extended
accounts · AA01
2021-09-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-02-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-10-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-02-01
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-01
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-02-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-06-04
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-04-09
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2015-02-24
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-07-26
➕
HILLAND, Scott John appointed
director
2013-02-27
➖
MCCHLERY, Hamish Neil resigned
director
2012-05-23
🏢
Company incorporated
As INDEPENDENT FURNITURE & INTERIORS LTD.
2012-05-23
➕
DAVIDSON, William appointed
director
2012-05-23
➕
BRIAN REID LTD. appointed
corporate-secretary
2012-05-23
➖
BRIAN REID LTD. resigned
corporate-secretary
2012-05-23
➕
MABBOTT, Stephen George appointed
director
2012-05-23
➖
MABBOTT, Stephen George resigned
director
2012-05-23
➕
MCCHLERY, Hamish Neil appointed
director

Owner dependency

66/100

High — earn-out structure required

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

59/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 14 years.
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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr William Davidson Individual · British · DOB 03/1967 · age 59	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	23/05/2017
Mr Scott John Hilland Individual · British · DOB 07/1972 · age 54	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	23/05/2017

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

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GREEN BEE LAB LTD→ SC666717 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
IKDN LTD→ SC714070 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
INDUSTRIAL SEPARATION SERVICES LTD.→ SC348044 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
INFIX SUPPORT LIMITED→ SC641643 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
INNOTECH SHIPPING LTD→ SC708709 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
INSTRUMENT TRANSFORMERS LIMITED→ SC054448 · est 1973 · no financials extracted	—	—	—	—	52y	—	—
INSULAM LIMITED→ SC106668 · est 1987 · no financials extracted	—	—	—	—	38y	—	—
INTERNATIONAL TRANSFORMERS LIMITED→ SC657877 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
INTIMACY 360 LTD→ SC824298 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
IODS PIPE CLAD LIMITED→ SC071447 · est 1980 · no financials extracted	—	—	—	—	45y	—	—
ISLAMIC MEMORIALS LIMITED→ SC857801 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ISLE OF SEWING LTD→ SC820743 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

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.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2012-05-23

Jurisdictionscotland

Primary SIC31090 — Manufacture of other furniture

Registered office

3 Dava Street

Glasgow

G51 2JA

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2026-06-06

Last: 2025-05-23

Officers (2 active · 3 resigned)

DAVIDSON, William→

director · ~59y · appointed 2012-05-23

View their other companies + combined net worth →

Active

HILLAND, Scott John→

director · ~54y · appointed 2013-07-26

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-secretary · appointed 2012-05-23 · resigned 2012-05-23

Resigned

MABBOTT, Stephen George→

director · ~76y · appointed 2012-05-23 · resigned 2012-05-23

Resigned

MCCHLERY, Hamish Neil→

director · ~58y · appointed 2012-05-23 · resigned 2013-02-27

Resigned

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

Recent filings (35 total)

change-person-director-company-with-change-date

officers · CH01

2026-02-12

accounts-with-accounts-type-micro-entity

accounts · AA

2025-10-08