INNBRO LTD
🌿Early-stageactive
SC713871 · ltd · incorporated 2021-11-02
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£-4.3k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 72/100 (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: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
2 live charges · oldest 1.9y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.9 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (73/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £4,290
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
-£4k
Current Assets
£2.8m
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-11-30 |
|---|---|
| Total assets | £-4.3k |
| Current assets | £2.79M |
| Net assets | £-4.3k |
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 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
- 2025-11-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-09-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-26🔓Charge satisfied #2
- 2025-07-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-24🔓Charge satisfied #1
- 2024-10-25📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2024-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-24🔒Charge registered #2Lender: Close Brothers Limited
- 2024-06-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-13🔒Charge registered #1Lender: Close Brothers Limited
- 2023-04-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-02🏢Company incorporatedAs INNBRO LTD
- 2021-11-02➕INNES, Douglas Simon Alan appointeddirector
- 2021-11-02➕INNES, Graham Peter Lindsay appointeddirector
- 2021-11-02📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial 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 signalLimited 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Graham Peter Lindsay Innes Individual · British · DOB 02/1985 · age 41 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 02/11/2021 |
Mr Douglas Simon Alan Innes Individual · British · DOB 02/1983 · age 43 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 02/11/2021 |
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 · Construction · TD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| IAN LAW (BUILDERS) LIMITED→ 04861033 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| IGLO PROPERTIES LTD→ 10587682 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| INDICA PROPERTIES LTD→ 10119219 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| J RICHARDSON GROUNDWORKS LTD→ 10670210 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| J S CRAWFORD PROPERTIES (BERWICK) LTD→ 09726119 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| J TINLIN JOINERY LTD→ SC726232 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| J. A. WILSON CONTRACTORS LTD→ SC410204 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| JACK BRUNSDON & SON LIMITED→ 00818979 · est 1964 · no financials extracted | — | — | — | — | 61y | — | — |
| JAG ELECTRICAL KELSO LTD→ SC807787 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| JAMES SLATER ELECTRICAL SERVICES LTD→ 16532950 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| JB CLARK ELECTRICAL LTD→ 12008875 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| JEFFERSON ELECTRICAL CONTRACTORS LIMITED→ 12021353 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2021-11-02
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings
Registered office
Windywalls
Windywalls Farm
Kelso
Roxburghshire
TD5 8HQ
United Kingdom
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-15
Last: 2025-11-01
Officers (2 active · 0 resigned)
INNES, Douglas Simon Alan→
Activedirector · ~43y · appointed 2021-11-02
View their other companies + combined net worth →
INNES, Graham Peter Lindsay→
Activedirector · ~41y · appointed 2021-11-02
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 24/06/2024 | 26/09/2025 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | — | 13/06/2024 | 24/07/2025 |
Recent filings (13 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-14
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-26
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-04
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2024-10-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-07
incorporation-company
incorporation · NEWINC
2021-11-02