IGNITION MEDICAL SOLUTIONS LTD

🌿Early-stageactive
SC812652 · ltd · incorporated 2024-06-05
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Why now
Window closing · high confidence
Getting harder to buy — profile has hardened into "growth story" recently.
  • · Lifecycle stage: startup → early
  • · Investment thesis: unclassified → growth_story
  • · Hygiene score: 90 → 70
  • · Opportunity score: 71 → 62
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 3 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

  • ·Lifecycle stage: startupearly
  • ·Investment thesis: unclassifiedgrowth_story
  • Opportunity score: 7162
  • Hygiene score: 9070
  • Bankability: 6560
  • +1 more
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 Jun 2025
Net worth
£262
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: Removal services
Sector: Transportation & storage
ALSO REGISTERED FOR
  • 85590Other education n.e.c.
  • 86220Specialist medical practice activities
Investor take
Special-situation opportunity
Distressed transport with salvageable qualities — special-situations priority.

Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
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
Network not yet resolved
30
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £262

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£262
Current Assets
£980
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-06-30
Total assets£262
Current assets£980
Net assets£262

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 (6 events)Click to expand
  1. 2026-02-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-10-12
    MOY, Ross appointed
    director
  3. 2025-10-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-06-05
    🏢
    Company incorporated
    As IGNITION MEDICAL SOLUTIONS LTD
  5. 2024-06-05
    GITTINGS, Ieuan appointed
    director
  6. 2024-06-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +Young company: Only 2.1 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited 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

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-18

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Ieuan Gittings
Individual · British · DOB 11/1992 · age 34
board controlboard control05/06/2024

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

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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.

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Company details

Statusactive
Typeltd
Incorporated2024-06-05
Jurisdictionscotland
Primary SIC49420 — Removal services

Registered office

21 Inshes Court
Inverness
IV2 5HS
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-18OVERDUE
Last: 2025-06-04

Officers (2 active · 0 resigned)

GITTINGS, Ieuan
director · ~34y · appointed 2024-06-05
View their other companies + combined net worth →
Active
MOY, Ross
director · ~46y · appointed 2025-10-12
View their other companies + combined net worth →
Active

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

Recent filings (4 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-24
appoint-person-director-company-with-name-date
officers · AP01
2025-10-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-16
incorporation-company
incorporation · NEWINC
2024-06-05