ICON AUTOMATIONS LIMITED

🏛️Establishedactive
SC562512 · ltd · incorporated 2017-04-04
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 8.1y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£202.7k
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: SIC 25920
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 76/100 (strong), bankability 85/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 8.1y

85/100
ready

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

  • · Oldest live charge is 8.1 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
6 officers (2 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £202,747

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£203k
↑ 24% YoY
Current Assets
£667k
↑ 83% YoY
Current Liabilities
£0£133k£267k£400k£533k£667kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£210.0k£183.9k
Current assets£666.8k£363.7k
Net assets£202.7k£163.5k

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

Recent activity

Last 30 days
1
filing
  • 1 confirmation-statement
Last 90 days
5
filings
  • 4 officers
  • 1 confirmation-statement
Last 180 days
5
filings
  • 4 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-03-05
    HIBBERT, Joel James appointed
    director
  2. 2026-03-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-02-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-02-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2026-02-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2026-01-05
    CROWN, Kenneth Robert appointed
    director
  7. 2026-01-05
    MONTEITH, Gordon resigned
    director
  8. 2026-01-05
    ORSTED, Michael resigned
    director
  9. 2025-07-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2024-06-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2024-01-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2023-07-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-10-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2022-10-01
    MONTEITH, Gordon appointed
    director
  15. 2022-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2022-03-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2021-08-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2021-04-06
    LYNCH, Ian resigned
    director
  19. 2021-01-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2020-07-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2020-07-01
    LYNCH, Ian appointed
    director
  22. 2020-05-11
    LYNCH, Ian resigned
    director
  23. 2020-05-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2019-05-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  25. 2019-05-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  26. 2019-05-08
    🔓
    Charge satisfied #1
  27. 2018-04-02
    🔒
    Charge registered #1
    Lender: Bibby Factors International Limited
  28. 2017-06-01
    LYNCH, Ian appointed
    director
  29. 2017-04-04
    🏢
    Company incorporated
    As ICON AUTOMATIONS LIMITED
  30. 2017-04-04
    ORSTED, Michael 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 58 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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: MONTEITH, Gordon resigned 2026-01-05; ORSTED, Michael resigned 2026-01-05

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Michael Orsted
Individual · Danish · DOB 01/1956 · age 70
75100%
75–100%board control75-100% shares · 75-100% voting · board control04/04/2017

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

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2017-04-04
Jurisdictionscotland
Primary SIC25920 — SIC 25920

Registered office

37 Rederech Crescent
Hamilton
ML3 8QF
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-09
Last: 2026-02-23

Officers (2 active · 4 resigned)

CROWN, Kenneth Robert
director · ~58y · appointed 2026-01-05
View their other companies + combined net worth →
Active
HIBBERT, Joel James
director · ~54y · appointed 2026-03-05
View their other companies + combined net worth →
Active
LYNCH, Ian
director · ~72y · appointed 2020-07-01 · resigned 2021-04-06
Resigned
LYNCH, Ian
director · ~72y · appointed 2017-06-01 · resigned 2020-05-11
Resigned
MONTEITH, Gordon
director · ~69y · appointed 2022-10-01 · resigned 2026-01-05
Resigned
ORSTED, Michael
director · ~70y · appointed 2017-04-04 · resigned 2026-01-05
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
Bibby Financial Services
Bibby Factors International Limited
A registered charge02/04/201808/05/2019

Recent filings (32 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-23
appoint-person-director-company-with-name-date
officers · AP01
2026-03-05
termination-director-company-with-name-termination-date
officers · TM01
2026-02-04
termination-director-company-with-name-termination-date
officers · TM01
2026-02-04
appoint-person-director-company-with-name-date
officers · AP01
2026-02-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-10
change-person-director-company-with-change-date
officers · CH01
2024-01-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-28
appoint-person-director-company-with-name-date
officers · AP01
2022-10-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-25