ICEFLO LIMITED

🏛️Establishedactive
SC622689 · ltd · incorporated 2019-02-27
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 Dec 2024
Net worth
£3.97M
book net assets
Opportunity
79/100
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.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

1 live charge · oldest 2.8y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 2.8 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

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
4 officers (4 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
85
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 £3,970,220
Net assets shrinking
Down £304,026 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£4.0m
↓ 7.1% YoY
Current Assets
£5k
↓ 94% YoY
Current Liabilities
—
£0£855k£1.7m£2.6m£3.4m£4.3mDec 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£4.10M£4.43M
Current assets£5.3k£86.0k
Cash—£52.8k
Debtors£5.3k£33.2k
Net assets£3.97M£4.27M

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

🔒Filing-note intelligence

2 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 (24 events)Click to expand
  1. 2025-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2023-08-11
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  5. 2023-07-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-10-29
    📄
    memorandum-articles
    incorporation · MA
  8. 2021-10-27
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2021-08-02
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  10. 2021-06-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-06-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2020-10-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-01-07
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  14. 2020-01-06
    ➕
    YOUNG, Eilidh Catriona appointed
    secretary
  15. 2019-12-19
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  16. 2019-12-03
    ➕
    MBM SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  17. 2019-07-24
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2019-07-24
    📄
    capital-allotment-shares
    capital · SH01
  19. 2019-06-20
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  20. 2019-05-29
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  21. 2019-05-29
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2019-02-27
    🏢
    Company incorporated
    As ICEFLO LIMITED
  23. 2019-02-27
    ➕
    SMITH, Andrew John appointed
    director
  24. 2019-02-27
    ➕
    SMITH, Jacqueline appointed
    director

Owner dependency

74/100
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 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 62. Early succession window.
  • 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Andrew John Smith
Individual · British · DOB 01/1964 · age 62
25–50%
25–50%25-50% shares · 25-50% voting27/02/2019
Mrs Jacqueline Smith
Individual · British · DOB 01/1965 · age 61
25–50%
25–50%25-50% shares · 25-50% voting27/02/2019

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 · Technology · TD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A AND R DIGITAL LTD→
13464921 · est 2021 · no financials extracted
————4y——
AFRICAN MEDIA INVESTMENTS LIMITED→
03577106 · est 1998 · no financials extracted
————27y——
ANN ARBOR PUBLISHERS LIMITED→
02773739 · est 1992 · no financials extracted
————33y——
BERWICK VISITOR CENTRE LIMITED→
10413368 · est 2016 · no financials extracted
————9y——
CARBONBRAIN LTD→
16692646 · est 2025 · no financials extracted
———————
CLOSE CONSULTING LTD→
14487615 · est 2022 · no financials extracted
————3y——
DIGISERVE COMMUNICATIONS LTD→
06060512 · est 2007 · no financials extracted
————19y——
ENIGMA MANAGING CONSULTANTS LTD→
09505744 · est 2015 · no financials extracted
————11y——
GHRC CONSULTING LIMITED→
11661774 · est 2018 · no financials extracted
————7y——
HARTECH SOLUTIONS LIMITED→
07227114 · est 2010 · no financials extracted
————15y——
HOUSE OF RSI LTD→
SC883588 · est 2026 · no financials extracted
———————
IMMERZION DEVELOPMENTS LIMITED→
SC700176 · est 2021 · no financials extracted
————4y——
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
Incorporated2019-02-27
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

St Dunstans House
High Street
Melrose
TD6 9RU
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-12
Last: 2026-02-26

Officers (4 active · 0 resigned)

YOUNG, Eilidh Catriona→
secretary · appointed 2020-01-06
View their other companies + combined net worth →
Active
MBM SECRETARIAL SERVICES LIMITED→
corporate-secretary · appointed 2019-12-03
View their other companies + combined net worth →
Active
SMITH, Andrew John→
director · ~62y · appointed 2019-02-27
View their other companies + combined net worth →
Active
SMITH, Jacqueline→
director · ~61y · appointed 2019-02-27
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—11/08/2023—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (26 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-28
memorandum-articles
incorporation · MA
2021-10-29
resolution
resolution · RESOLUTIONS
2021-10-27
change-corporate-secretary-company-with-change-date
officers · CH04
2021-08-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-06-16