IKDN LTD

💤Zombieactive
SC714070 · ltd · incorporated 2021-11-03
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.
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 Nov 2025
Net worth
—
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.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 06100
Sector: Mining & quarrying
ALSO REGISTERED FOR
  • 06200SIC 06200
  • 09100SIC 09100
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. 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: share sale to pe / searcher (58/100).

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, 3 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
9 filings
60
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
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Nov 2024Nov 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-11-302024-11-30

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2025-12-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-12-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-12-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-07-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-11-03
    🏢
    Company incorporated
    As IKDN LTD
  6. 2021-11-03
    ➕
    SMITH, Gavin appointed
    director
  7. 2021-11-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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%
NameSharesVoting rightsNature of controlNotified
Gavin Smith
Individual · British · DOB 11/1983 · age 43
75–100%
75–100%board control75-100% shares · 75-100% voting · board control03/11/2021

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

Similar companies

Active · Manufacturing · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
LINN PRODUCTS LIMITED→
SC052366 · est 1973
£7.07M
£5.50M–£8.65M
——17053y8580y
CALEDONIAN PLYWOOD COMPANY LTD.→
SC195444 · est 1999
£6.46M
£5.02M–£7.89M
——810027y8572y
PITREAVIE PACKAGING LIMITED→
SC290452 · est 2005
£4.66M
£3.63M–£5.70M
£24.98M—1570020y8470y
PCT GROUP SALES LIMITED→
SC075642 · est 1981
£3.56M
£2.77M–£4.35M
——7744y8583y
PROMAT BD LIMITED→
SC208370 · est 2000
£3.41M
£2.65M–£4.17M
——850026y8770y
KELVINSIDE ELECTRONICS LIMITED→
SC105407 · est 1987
£3.30M
£2.57M–£4.03M
——5739y8465y
SAMTEC (EUROPE) LIMITED→
SC096674 · est 1986
£2.93M
£2.28M–£3.59M
——2740y8565y
THOMAS TUNNOCK LIMITED→
SC028747 · est 1952
£2.26M
£1.76M–£2.76M
——65374y8593y
SOAPWORKS LIMITED→
SC388292 · est 2010
£817.8k
£636.1k–£999.6k
£11.53M—1030015y8462y
WALKI LIMITED→
SC014320 · est 1926
£439.3k
£341.7k–£536.9k
——3599y9461y
LINIAN SUPPLY CO. LIMITED→
SC246119 · est 2003
———140023y8866y
ABBA BLINDS LIMITED→
SC089820 · est 1984
——£475.9k—41y8370y
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
Incorporated2021-11-03
Jurisdictionscotland
Primary SIC06100 — SIC 06100

Registered office

272 Bath Street
Glasgow
G2 4JR
Scotland

Filing status

Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2026-11-16
Last: 2025-11-02

Officers (1 active · 0 resigned)

SMITH, Gavin→
director · ~43y · appointed 2021-11-03
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-05
accounts-with-accounts-type-dormant
accounts · AA
2024-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-22
accounts-with-accounts-type-dormant
accounts · AA
2023-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-06
accounts-with-accounts-type-dormant
accounts · AA
2023-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-04
incorporation-company
incorporation · NEWINC
2021-11-03