IV1 LIMITED

💤Zombieactive
SC580652 · ltd · incorporated 2017-11-03
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 Jan 2025
Net worth
£-792.0k
book net assets
Opportunity
71/100
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.

What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -63% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (81/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £791,951
Cash draining
Cash down 63% YoY
Cash YoY
-63%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£9k
↓ 63% YoY
Net Worth
-£792k
↓ 17% YoY
Current Assets
Current Liabilities
-£792k-£629k-£465k-£302k-£139k£24kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-072024-01-07
Cash£8.9k£24.3k
Net assets£-792.0k£-678.2k

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

🔒Filing-note intelligence

3 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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-11-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2023-11-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-11-23
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  7. 2023-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-01-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-04-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-10-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2019-10-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-10-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2019-09-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2019-07-24
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  15. 2018-11-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2018-11-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2018-11-13
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  18. 2017-11-03
    🏢
    Company incorporated
    As IV1 LIMITED
  19. 2017-11-03
    SIMPSON, Andrew Iain appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

Highview Property Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Highview Property Limited
Corporate parent · holds 75-100% shares
ultimate parent
IV1 LIMITED
This company · SC580652

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
Highview Property Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting14/01/2022
1 historic (ceased) PSC
  • Andrew Iain Simpsonceased 14/01/2022· 75-100% shares · 75-100% voting

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 →

Similar companies

Active · Trade services · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
HOSPITALITY MANAGEMENT SUPPORT LTD
SC625628 · est 2019 · no financials extracted
7y
HUGH ROSS FABRICATIONS LTD.
SC311305 · est 2006 · no financials extracted
19y
I.A.M FARMING LTD
SC497247 · est 2015 · no financials extracted
11y
IDONNAEKNO CONSTRUCTION LTD
SC493322 · est 2014 · no financials extracted
11y
J - FAB PROJECT SERVICES LTD
SC785175 · est 2023 · no financials extracted
2y
JCN PIPING DESIGN LTD
SC619961 · est 2019 · no financials extracted
7y
JFC GROUNDWORKS LTD
SC463396 · est 2013 · no financials extracted
12y
JJ MATHESON BUILDERS LTD
SC454211 · est 2013 · no financials extracted
12y
JK QUALITY LTD
SC825686 · est 2024 · no financials extracted
1y
JL CRYSTAL CLEANS LTD
SC854900 · est 2025 · no financials extracted
JOANNA JOHNSTON AESTHETICS & SKIN LIMITED
SC868269 · est 2025 · no financials extracted
JOE LYON PROJECTS LTD
SC844521 · est 2025 · no financials extracted
1y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2017-11-03
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Highview House
Inshes
Inverness
IV2 5BA
United Kingdom

Filing status

Accounts
Next due: 2026-10-07
Last made up to: 2025-01-07
Confirmation statement
Next due: 2026-11-12
Last: 2025-10-29

Officers (1 active · 0 resigned)

SIMPSON, Andrew Iain
director · ~52y · appointed 2017-11-03
View their other companies + combined net worth →
Active

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

Recent filings (30 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-11-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-11-23
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2023-11-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-06
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-21
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-06
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-07
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-22