THE EDINBURGH ICE CO. LIMITED

🏛️Establishedactive
SC541454 · ltd · incorporated 2016-07-29
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£-1.3k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: SIC 10890
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (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: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £1,251

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£1k
~ YoY
Current Assets
£2k
↓ 88% YoY
Current Liabilities
-£1k£2k£5k£8k£11k£14kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-01-312024-01-31
Total assets£-1.3k£-1.3k
Current assets£1.6k£13.6k
Net assets£-1.3k£-1.3k

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
0
filings
Last 90 days
0
filings
Last 180 days
5
filings
  • 4 persons-with-significant-control
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-01-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-01-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2026-01-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2026-01-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2026-01-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2025-07-10
    FERGUSON, Rhys Thomas appointed
    director
  8. 2025-07-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-04-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-07-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-05-01
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  12. 2022-10-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-09-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2020-08-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2020-08-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2020-08-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2019-10-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2018-09-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2016-07-29
    🏢
    Company incorporated
    As THE EDINBURGH ICE CO. LIMITED
  20. 2016-07-29
    MIDDLETON, Ilanna Jane appointed
    director

Owner dependency

63/100
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.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Duck Egg Blue Management Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Duck Egg Blue Management Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
THE EDINBURGH ICE CO. LIMITED
This company · SC541454

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%
NameSharesVoting rightsNature of controlNotified
Duck Egg Blue Management Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/01/2026
2 historic (ceased) PSCs
  • Mr Rhys Thomas Fergusanceased 22/01/2026· 25-50% shares
  • Miss Ilanna Jane Middletonceased 22/01/2026· 25-50% 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 →

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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
Incorporated2016-07-29
Jurisdictionscotland
Primary SIC10890 — SIC 10890

Registered office

Studio 121 1 Summerhall
Edinburgh
EH9 1PL
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-08-14
Last: 2025-07-31

Officers (2 active · 0 resigned)

FERGUSON, Rhys Thomas
director · ~45y · appointed 2025-07-10
View their other companies + combined net worth →
Active
MIDDLETON, Ilanna Jane
director · ~44y · appointed 2016-07-29
View their other companies + combined net worth →
Active

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

Recent filings (28 total)

cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-01-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-23
change-person-director-company-with-change-date
officers · CH01
2026-01-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-01
appoint-person-director-company-with-name-date
officers · AP01
2025-07-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-03
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-05-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-06