ITS EGYPT HOLDINGS 1, LTD

💤Zombieactive

SC476124 · ltd · incorporated 2014-04-25

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 Dec 2022

Net worth

—

book net assets

Opportunity

68/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Activities of head offices

Sector: Professional, scientific & technical

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

Data confidence

Overall: medium (69/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

12 officers (2 active, 12 linked, 7 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

49 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

68/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Loss-making

Loss before tax £5,600

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2022-12-31
Profit before tax	£-5.6k
Average employees	200

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

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (42 events)Click to expand

2025-04-28
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-04-28
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-28
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-28
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-04-19
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-16
➕
POLLMANN, Henricus Reindert Petrus appointed
director
2025-04-16
➖
DOCKRAY, Nathaniel C. resigned
director
2025-04-16
➖
MENGER, John Edward resigned
director
2025-04-15
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-03-04
📄
gazette-notice-compulsory
gazette · GAZ1
2024-08-02
📄
accounts-with-accounts-type-full
accounts · AA
2023-10-16
➕
MCINTOSH, Neil appointed
secretary
2023-10-16
➖
MOIR, Stewart resigned
secretary
2023-10-16
➕
MENGER, John Edward appointed
director
2023-10-16
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2023-10-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-10-16
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-06-01
📄
change-person-secretary-company-with-change-date
officers · CH03
2023-06-01
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2023-06-01
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-03-20
➕
MOIR, Stewart appointed
secretary
2023-02-17
➖
LEIGHTON, Keith resigned
secretary
2023-01-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-12-31
➖
SIMONS, Jennifer Fremont resigned
director
2022-06-22
📄
accounts-with-accounts-type-full
accounts · AA
2021-09-13
📄
accounts-with-accounts-type-full
accounts · AA
2020-07-30
📄
accounts-with-accounts-type-full
accounts · AA
2019-06-26
➖
EWEN, David James resigned
secretary
2019-06-26
➕
LEIGHTON, Keith appointed
secretary
2019-06-26
➖
MENGER, John Edward resigned
director
2019-06-26
➕
SIMONS, Jennifer Fremont appointed
director
2015-02-12
➕
EWEN, David James appointed
secretary
2015-02-12
➖
MACKIE, Ian Alan resigned
secretary
2015-02-12
➖
MACKIE, Ian Alan resigned
director
2015-02-02
➕
MACKIE, Ian Alan appointed
director
2014-12-17
➕
DOCKRAY, Nathaniel C. appointed
director
2014-12-17
➖
SCHLOM, Philip Alan resigned
director
2014-04-25
🏢
Company incorporated
As ITS EGYPT HOLDINGS 1, LTD
2014-04-25
➕
MACKIE, Ian Alan appointed
secretary
2014-04-25
➕
MENGER, John Edward appointed
director
2014-04-25
➕
SCHLOM, Philip Alan appointed
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 60 — 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 60. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·

Accounts overdue

high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2024-12-31

Group structure

Nabors Industries Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Nabors Industries Ltd

Corporate parent · holds 75-100% shares

ultimate parent

⬇

ITS EGYPT HOLDINGS 1, LTD

This company · SC476124

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Nabors Industries Ltd Corporate entity	75–100%	—	75-100% shares	11/03/2025

1 historic (ceased) PSC

Parker Drilling Companyceased 11/03/2025· 75-100% shares

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

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J'LISSIA LTD→ SC870383 · est 2025 · no financials extracted	—	—	—	—	—	—	—
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JAMIE SHEWAN SUBSEA SERVICES LTD→ SC766621 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
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JENGRA LIMITED→ SC358899 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
JEOPLAN LTD→ SC488555 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
JESSCON LTD→ SC804442 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
JHL TECHNICAL LTD→ SC873784 · est 2025 · no financials extracted	—	—	—	—	—	—	—
JIM YOUNG LIFTING SERVICES LIMITED→ SC856855 · est 2025 · no financials extracted	—	—	—	—	—	—	—
JK BARCLAY LIMITED→ SC404037 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
JK DECOM LTD→ SC848785 · est 2025 · no financials extracted	—	—	—	—	—	—	—
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

10 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

Incorporated2014-04-25

Jurisdictionscotland

Primary SIC70100 — Activities of head offices

Registered office

C/O International Tubular Services Limited Greenbank Crescent

East Tullos Industrial Estate

Aberdeen

AB12 3BG

Filing status

Accounts

Next due: 2024-12-31OVERDUE

Last made up to: 2022-12-31

Confirmation statement

Next due: 2027-05-09

Last: 2026-04-25

Officers (2 active · 10 resigned)

MCINTOSH, Neil→

secretary · appointed 2023-10-16

View their other companies + combined net worth →

Active

POLLMANN, Henricus Reindert Petrus→

director · ~60y · appointed 2025-04-16

View their other companies + combined net worth →

Active

EWEN, David James→

secretary · appointed 2015-02-12 · resigned 2019-06-26

Resigned

LEIGHTON, Keith→

secretary · appointed 2019-06-26 · resigned 2023-02-17

Resigned

MACKIE, Ian Alan→

secretary · appointed 2014-04-25 · resigned 2015-02-12

Resigned

MOIR, Stewart→

secretary · appointed 2023-03-20 · resigned 2023-10-16

Resigned

DOCKRAY, Nathaniel C.→

director · ~46y · appointed 2014-12-17 · resigned 2025-04-16

Resigned

MACKIE, Ian Alan→

director · ~55y · appointed 2015-02-02 · resigned 2015-02-12

Resigned

MENGER, John Edward→

director · ~64y · appointed 2023-10-16 · resigned 2025-04-16

Resigned

MENGER, John Edward→

director · ~64y · appointed 2014-04-25 · resigned 2019-06-26

Resigned

SCHLOM, Philip Alan→

director · ~62y · appointed 2014-04-25 · resigned 2014-12-17

Resigned

SIMONS, Jennifer Fremont→

director · ~50y · appointed 2019-06-26 · resigned 2022-12-31

Resigned

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

Recent filings (49 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-04-27

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2025-04-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-04-28

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2025-04-28

termination-director-company-with-name-termination-date

officers · TM01

2025-04-28

termination-director-company-with-name-termination-date

officers · TM01

2025-04-28

appoint-person-director-company-with-name-date

officers · AP01

2025-04-28

gazette-filings-brought-up-to-date

gazette · DISS40

2025-04-19

dissolved-compulsory-strike-off-suspended

dissolution · DISS16(SOAS)

2025-04-15

gazette-notice-compulsory

gazette · GAZ1

2025-03-04

accounts-with-accounts-type-full

accounts · AA

2024-08-02

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-07-03

appoint-person-secretary-company-with-name-date

officers · AP03

2023-10-16

appoint-person-director-company-with-name-date

officers · AP01

2023-10-16

termination-secretary-company-with-name-termination-date

officers · TM02

2023-10-16