I B MARINE CONSULTANCY LTD

💤Zombieactive
SC680668 · ltd · incorporated 2020-11-12
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 Nov 2024
Net worth
£38.5k
book net assets
Opportunity
76/100
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: SIC 09100
Sector: Mining & quarrying
Investor take
Pursue
Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 66). 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: share sale to pe / searcher (73/100).

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
1 officers (1 active, 1 linked, 1 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
11 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £38,525
Net assets shrinking
Down £31,328 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£39k
↓ 45% YoY
Current Assets
£43k
↓ 37% YoY
Current Liabilities
£0£14k£28k£42k£56k£70kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-11-302023-11-30
Total assets£38.5k£69.9k
Current assets£42.8k£68.0k
Net assets£38.5k£69.9k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2025-05-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-08-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-07-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-11-12
    🏢
    Company incorporated
    As I B MARINE CONSULTANCY LTD
  7. 2020-11-12
    BRUCE, Ian appointed
    director
  8. 2020-11-12
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • 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
NameSharesVoting rightsNature of controlNotified
Mr Ian Bruce
Individual · British · DOB 11/1960 · age 66
2550%
board control25-50% shares · board control12/11/2020

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

Similar companies

Active · Manufacturing · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
HIGHLANDS AND ISLANDS RENEWABLES LTD
SC877464 · est 2026 · no financials extracted
HIGHLINE FLEET SERVICES LTD
SC775085 · est 2023 · no financials extracted
2y
HOLLFELD LIMITED
SC223177 · est 2001 · no financials extracted
24y
HRH LIMITED
SC117311 · est 1989 · no financials extracted
37y
HUN SOLO LTD
SC775789 · est 2023 · no financials extracted
2y
HVAC & REFRIGERATION ENGINEERING LIMITED
SC199288 · est 1999 · no financials extracted
26y
HYDRATECH ABERDEEN LTD
SC402477 · est 2011 · no financials extracted
14y
HYDROBOND ENGINEERING LIMITED
SC080870 · est 1982 · no financials extracted
43y
HYREACH OFFSHORE LTD
SC881001 · est 2026 · no financials extracted
ICSQUARED LIMITED
SC579949 · est 2017 · no financials extracted
8y
ILYIOM LTD
SC723823 · est 2022 · no financials extracted
4y
IMENCO UK LIMITED
SC372021 · est 2010 · no financials extracted
16y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2020-11-12
Jurisdictionscotland
Primary SIC09100 — SIC 09100

Registered office

Goldwells House
Grange Road
Peterhead
AB42 1WN
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-13
Last: 2025-10-30

Officers (1 active · 0 resigned)

BRUCE, Ian
director · ~66y · appointed 2020-11-12
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-06
incorporation-company
incorporation · NEWINC
2020-11-12