IFCA RESOURCES LTD
🌿Early-stageactive
SC731529 · ltd · incorporated 2022-05-05
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 3.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£-7.1k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 3.5y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~3.5 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
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 · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £7,146
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£7k
~ YoY
Current Assets
£36k
↑ 40% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £291.1k | £291.1k |
| Current assets | £35.5k | £25.4k |
| Net assets | £-7.1k | £-7.1k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
- 2026-02-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-09-22➕LAPPIN-SMITH, Iain Douglas Hamilton appointeddirector
- 2025-09-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-21📄change-person-director-company-with-change-dateofficers · CH01
- 2025-02-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-17🔒Charge registered #1Lender: Shawbrook Bank Limited
- 2022-05-05🏢Company incorporatedAs IFCA RESOURCES LTD
- 2022-05-05➕LAPPIN-SMITH, Franziska appointeddirector
- 2022-05-05📄incorporation-companyincorporation · NEWINC
Owner dependency
74/100
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.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- 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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Franziska Lappin-Smith Individual · Swiss · DOB 09/1966 · age 60 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 05/05/2022 |
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
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|---|---|---|---|---|---|---|---|
| ELLA & LEWIS PROPERTIES LTD→ SC801222 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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| GUNN GROUP LTD→ SC856853 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HARBOR PROPERTY (SCOTLAND) LIMITED→ SC491291 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| HILL DRYBURGH LIMITED→ SC808230 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HOMES FOR SAPIENS SUITES LTD→ SC884422 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| IHMV PROPERTY LIMITED→ SC680774 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| INVERGROVE LIMITED→ SC160333 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| INVERORAN LIMITED→ SC482437 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| INVESTICO SCOTLAND LTD→ SC740092 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| INVESTOR DISTRICT LTD→ SC660625 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2022-05-05
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
9 Glasgow Road
Paisley
PA1 3QS
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-18
Last: 2025-05-04
Officers (2 active · 0 resigned)
LAPPIN-SMITH, Franziska→
Activedirector · ~60y · appointed 2022-05-05
View their other companies + combined net worth →
LAPPIN-SMITH, Iain Douglas Hamilton→
Activedirector · ~61y · appointed 2025-09-22
View their other companies + combined net worth →
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 17/11/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (12 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-13
appoint-person-director-company-with-name-date
officers · AP01
2025-09-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-23
change-person-director-company-with-change-date
officers · CH01
2025-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-23
incorporation-company
incorporation · NEWINC
2022-05-05