ICAMSTEEL LIMITED

🌳Matureactive
SC460135 · ltd · incorporated 2013-09-26
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 9.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 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: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. 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 (58/100).

🏦

Refinance opportunity

1 live charge · oldest 9.8y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 9.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒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
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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£91k£182k£273k£364k£454kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets—£325.7k
Current assets—£454.4k
Cash—£108.5k
Debtors—£198.3k
Net assets—£283.6k
Average employees12—

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

🔒Filing-note intelligence

2 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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-01-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-03-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-04-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2020-03-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2019-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-10-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2018-12-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2017-12-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2016-07-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2016-07-14
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  16. 2016-07-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2014-02-01
    ➕
    CAMPBELL, Lorna appointed
    director
  18. 2013-09-26
    🏢
    Company incorporated
    As ICAMSTEEL LIMITED
  19. 2013-09-26
    ➕
    CAMPBELL, Ian appointed
    director

Owner dependency

71/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

49/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 13 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
NameSharesVoting rightsNature of controlNotified
Mrs Lorna Campbell
Individual · British · DOB 01/1974 · age 52
25–50%
—25-50% shares06/04/2016
Mr Ian Campbell
Individual · British · DOB 10/1974 · age 52
25–50%
—25-50% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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——
ICHOR HOLDINGS LTD→
SC418618 · est 2012 · no financials extracted
————14y——
ICHOR SYSTEMS LTD→
SC244681 · est 2003 · no financials extracted
————23y——
ICL TECH LIMITED→
SC054592 · est 1973 · no financials extracted
————52y——
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
Incorporated2013-09-26
Jurisdictionscotland
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

Block 2 Unit 5 Parkhouse Business Park
Possilpark
Glasgow
G22 6NT
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-10
Last: 2025-09-26

Officers (2 active · 0 resigned)

CAMPBELL, Ian→
director · ~52y · appointed 2013-09-26
View their other companies + combined net worth →
Active
CAMPBELL, Lorna→
director · ~52y · appointed 2014-02-01
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—14/07/2016—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (35 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-04-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-03-12