IRONFIELD TECH SERVICES LTD

💤Zombieactive

SC590690 · ltd · incorporated 2018-03-07

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

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 Mar 2025

Net worth

£-23.2k

book net assets

Opportunity

71/100

Strong

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What this business does

Primary activity: Engineering related scientific and technical consulting activities

Sector: Professional, scientific & technical

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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (76/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 1 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

27 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

71/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £23,197

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£23k

Current Assets

£2k

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-03-31	2024-03-31
Total assets	£-22.2k	—
Current assets	£1.9k	—
Net assets	£-23.2k	—
Average employees	—	100

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2025-07-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-09
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-09
📄
change-person-secretary-company-with-change-date
officers · CH03
2024-09-09
📄
change-person-director-company-with-change-date
officers · CH01
2024-09-09
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-27
📍
move-registers-to-sail-company-with-new-address
address · AD03
2024-02-27
📍
change-sail-address-company-with-new-address
address · AD02
2023-06-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-10
➕
LI, Liyan appointed
secretary
2023-03-10
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2022-09-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-06
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-06
📄
change-person-director-company-with-change-date
officers · CH01
2021-08-17
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-08-17
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-06-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-03-07
🏢
Company incorporated
As IRONFIELD TECH SERVICES LTD
2018-03-07
➕
TURNER, Alan Charles John 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Alan Charles John Turner Individual · British · DOB 09/1970 · age 56	75–100%	75–100%	75-100% shares · 75-100% voting	07/03/2018

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

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T D C PARSONS PEEBLES LIMITED→ SC663297 · est 2020	£2.76M £2.03M–£3.48M	£11.52M	—	5100	6y	87	77y
ROTECH HOLDINGS LIMITED→ SC148822 · est 1994	£1.97M £1.45M–£2.49M	£453.6k	—	0	32y	92	58y
WELLTEC (UK) LTD.→ SC204742 · est 2000	£134.9k £99.4k–£170.4k	£17.23M	—	3200	26y	93	62y
ACCURA MEASUREMENT LIMITED→ SC322109 · est 2007	—	—	£5.47M	—	19y	83	60y
ALLEN ASSOCIATES (H.P.E.) LIMITED→ SC201596 · est 1999 · no financials extracted	—	—	—	—	26y	83	59y
CONNECT NDT LIMITED→ SC205224 · est 2000	—	—	—	—	26y	83	70y
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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

Incorporated2018-03-07

Jurisdictionscotland

Primary SIC71122 — Engineering related scientific and technical consulting activities

Registered office

Precision Accountants 1 Marischal Square

Broad Street

Aberdeen

AB10 1BL

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-20

Last: 2026-03-06

Officers (2 active · 0 resigned)

LI, Liyan→

secretary · appointed 2023-03-10

View their other companies + combined net worth →

Active

TURNER, Alan Charles John→

director · ~56y · appointed 2018-03-07

View their other companies + combined net worth →

Active

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

Recent filings (27 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-03-13

accounts-with-accounts-type-micro-entity

accounts · AA

2025-07-15

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-03-07

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2024-09-09

change-person-secretary-company-with-change-date

officers · CH03

2024-09-09

change-person-director-company-with-change-date

officers · CH01

2024-09-09

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2024-09-09

accounts-with-accounts-type-micro-entity

accounts · AA

2024-08-08

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-03-07

move-registers-to-sail-company-with-new-address

address · AD03

2024-02-27

change-sail-address-company-with-new-address

address · AD02

2024-02-27

accounts-with-accounts-type-micro-entity

accounts · AA

2023-06-19

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

officers · AP03

2023-03-10

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-03-07

accounts-with-accounts-type-micro-entity

accounts · AA

2022-09-29