ISB GROUP LIMITED

🏛️Establishedactive
SC579632 · ltd · incorporated 2017-10-23
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.
Why now
Window opening · high confidence
More negotiable than before — 2 signals weakening over the last 30 days.
  • · Hygiene score: 90 → 75
  • · Opportunity score: 72 → 67
  • · Filings: 20 → 25
What changed my view
Last 30 days

Mixed signals in the last 30 days — 1 improved, 2 worsened.

  • Opportunity score: 7267
  • Hygiene score: 9075
  • Filings: 2025
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Dormant / non-trading. Reasonable fundamentals — worth a memo before deciding.

Opportunity 67/100 (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 (58/100).

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
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
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
69
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31

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

Recent activity

Last 30 days
7
filings
  • 5 officers
  • 1 address
  • 1 change-of-name
Last 90 days
7
filings
  • 5 officers
  • 1 address
  • 1 change-of-name
Last 180 days
7
filings
  • 5 officers
  • 1 address
  • 1 change-of-name
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-05-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-05-14
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2026-05-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-05-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2026-05-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2026-05-08
    WELLS, Bevan Matthew appointed
    director
  7. 2026-05-08
    WELLS, Roy Mark appointed
    director
  8. 2026-05-08
    SHELF SECRETARY LIMITED resigned
    corporate-secretary
  9. 2026-05-08
    BEVERIDGE, David Brannigan resigned
    director
  10. 2026-05-08
    SHELF DIRECTOR LIMITED resigned
    corporate-director
  11. 2026-05-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2026-05-08
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  13. 2025-06-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2024-06-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2023-06-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2022-06-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2021-06-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2020-09-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2020-01-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2020-01-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2019-06-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2017-10-23
    🏢
    Company incorporated
    As ISB GROUP LIMITED
  23. 2017-10-23
    SHELF SECRETARY LIMITED appointed
    corporate-secretary
  24. 2017-10-23
    BEVERIDGE, David Brannigan appointed
    director
  25. 2017-10-23
    SHELF DIRECTOR LIMITED appointed
    corporate-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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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

2 med ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: SHELF SECRETARY LIMITED resigned 2026-05-08; BEVERIDGE, David Brannigan resigned 2026-05-08; SHELF DIRECTOR LIMITED resigned 2026-05-08

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-05-08: certificate-change-of-name-company

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Shelf Director Limited
Corporate parent
🏛️
Shelf Nominees Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ISB GROUP LIMITED
This company · SC579632

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

Shareholders & ownership

3 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Shelf Nominees Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/10/2017
Mr David Brannigan Beveridge
Individual · British · DOB 10/1974 · age 52
sig. influencesignificant influence23/10/2017
Shelf Director Limited
Corporate entity
sig. influencesignificant influence23/10/2017

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 →

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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
Incorporated2017-10-23
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

C/O Drummond Laurie Unit 5 Gateway Business Park
Beancross Road
Grangemouth
FK3 8WX
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-12-05
Last: 2025-11-21

Officers (2 active · 3 resigned)

WELLS, Bevan Matthew
director · ~41y · appointed 2026-05-08
View their other companies + combined net worth →
Active
WELLS, Roy Mark
director · ~45y · appointed 2026-05-08
View their other companies + combined net worth →
Active
SHELF SECRETARY LIMITED
corporate-secretary · appointed 2017-10-23 · resigned 2026-05-08
Resigned
BEVERIDGE, David Brannigan
director · ~52y · appointed 2017-10-23 · resigned 2026-05-08
Resigned
SHELF DIRECTOR LIMITED
corporate-director · appointed 2017-10-23 · resigned 2026-05-08
Resigned

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

Recent filings (27 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-05-14
termination-secretary-company-with-name-termination-date
officers · TM02
2026-05-14
termination-director-company-with-name-termination-date
officers · TM01
2026-05-14
appoint-person-director-company-with-name-date
officers · AP01
2026-05-14
appoint-person-director-company-with-name-date
officers · AP01
2026-05-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-05-08
certificate-change-of-name-company
change-of-name · CERTNM
2026-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-23
accounts-with-accounts-type-dormant
accounts · AA
2025-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-22
accounts-with-accounts-type-dormant
accounts · AA
2024-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-23
accounts-with-accounts-type-dormant
accounts · AA
2023-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-24